IPC The Hospitalist Company, Inc. (Nasdaq: IPCM), a leading national hospitalist physician group practice company, announced today that it has acquired Continuum Geriatric Services PLLC (CGS), headquartered in Livonia, Michigan. CGS practices in more than 60 nursing and assisted living facilities in Michigan, where IPC has an established presence. CGS has an annualized volume of approximately 105,000 patient encounters.
Adam Singer, MD, Chairman and CEO, said, "The acquisition of CGS represents continued expansion for IPC into closely related business segments that focus on the management and coordination of facility-based care. The highly dedicated geriatric physicians and midlevel providers at CGS offer IPC's Michigan operation an opportunity to improve coordination and integration of patient care with the goal of improving overall quality and offering a better experience for patients and their families."
Jerry Wilborn, MD, FCCP, co-founder of CGS, will join IPC as a Practice Group Leader for the region's sub-acute practice groups. Dr. Wilborn commented, "This is a culmination of our long-term vision for developing a true continuum of care for our patients. IPC is well established in the area's acute care hospitals, and is best situated to develop a comprehensive program for care of the elderly in this market, bringing a new and innovative dimension to the quality of care for our patients."