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IPC The Hospitalist Company Acquires Texas Inpatient Services

Expands presence in the Dallas-Fort Worth market

NORTH HOLLYWOOD, Calif., June 30 /PRNewswire-FirstCall/ -- IPC The Hospitalist Company, Inc. (Nasdaq: IPCM), a leading national physician group practice company, announced today that it has acquired Texas Inpatient Services (T.I.P.S.). The acquisition expands IPC's established presence in the Dallas-Fort Worth market.

Adam Singer, M.D., Chairman and CEO of IPC, said, "The acquisition of T.I.P.S. continues to strengthen IPC's position in this important market and sets the stage for continued future growth. We are excited to expand upon T.I.P.S.' established market position, built over its ten-year history, and power it forward with IPC's infrastructure and technology."

Dallas-based T.I.P.S. currently has seven hospitalists covering several local hospitals, plus a number of subacute care facilities in Dallas and nearby suburbs.

Vivek Sastry, M.D., T.I.P.S. Founder and President, stated, "IPC's business and administrative support, especially the IPC-Link (R) technology, will boost our capabilities in key areas such as billing, collections and recruiting, while we remain committed to delivering high quality patient care." Dr. Sastry will remain with IPC as a practice group leader.

About IPC The Hospitalist Company, Inc.

IPC The Hospitalist Company, Inc. (Nasdaq: IPCM) is a leading national physician group practice company focused on the delivery of hospitalist medicine services. IPC's physicians and affiliated providers manage the care of hospitalized patients in coordination with primary care physicians and specialists. The Company provides its hospitalists with the comprehensive training, information technology, and management support systems necessary to improve the quality and reduce the cost of inpatient care in the facilities it serves. For more information, visit the IPC website at

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Elaine Murphy The Ruth Group

Scott Public Relations Stephanie Carrington/Jared Hoffman

818.610.0270 646.536.7017/7013

SOURCE IPC The Hospitalist Company, Inc.
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