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IPC The Hospitalist acquires hospitalist division of Affiliated Medical Associates of Morristown

Jun 12, 2009 (Datamonitor Financial Deals Tracker via COMTEX) --

IPC The Hospitalist Company, Inc., a physician group practice focused on the delivery of hospital medicine services, has acquired the hospitalist division of Affiliated Medical Associates of Morristown, P.A., a provider of health and allied services.

Both the organizations are based in the US. 

Deal Type    Acquisition
Sub-Category Asset Purchase
Deal Status  Completed: 2009-06-11

Deal Participants 

Target (Company)   Affiliated Medical Associates of Morristown, P.A. - Hospitalist Division
Acquirer (Company) IPC The Hospitalist Company, Inc.
Vendor (Company)   Affiliated Medical Associates of Morristown, P.A.

Deal Rationale

The acquisition establishes IPC's first practice in New Jersey, US and expands its national presence.

Copyright (C) 2009 Datamonitor Financial Deals Tracker. All rights reserved

News Provided by COMTEX


Related terms: acquisition, health, hospital, medical, medicine, new jersey

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