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IPC The Hospitalist Company Reports Third Quarter 2009 Results
Date:11/2/2009

lity to recruit and retain qualified physicians;
  • IPC's ability to successfully complete and integrate new acquisitions;
  • the effect of changes in rates or methods of third-party reimbursement; and
  • the high level of competition in IPC's industry.
  • IPC undertakes no obligation following the date of this press release to update or revise any such statements or projections whether as a result of new information, future events, or otherwise.

        Contacts:                            Amy Glynn/Nick Laudico
        Devra Shapiro                        The Ruth Group
        IPC The Hospitalist Company, Inc.    (646) 536-7023/7030
        (818) 766-3502                       aglynn@theruthgroup.com
                                             nlaudico@theruthgroup.com
    
                       IPC The Hospitalist Company, Inc.
                              Consolidated Balance Sheets
                      (dollars in thousands, except for share data)
    
                                              September 30,   December 31,
                                                  2009            2008
                                                  ----            ----
                                              (unaudited)
          Assets
          Current assets:
             Cash and cash equivalents           $37,829          $37,394
             Accounts receivable, net             46,297           44,474
             Prepaid expenses and other
              current assets                       3,858            8,081
                                                   -----            -----
          Total current assets                    87,984           89,949
          Furniture and equipment, net             2,780            2,452
          Goodwill                                83,471           6
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    SOURCE IPC The Hospitalist Company, Inc.
    Copyright©2009 PR Newswire.
    All rights reserved

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