October 18, 2010 (FinancialWire) (http://www.financialwire.net/) — IPC The Hospitalist Co., Inc. (NASDAQ: IPCM), the a hospitalist physician group practice company, said that it has acquired Post-Acute Medical Associates, PC, based in Morristown, New Jersey; and Muhammad Syed, MD, PC, in Las Vegas, Nevada.

IPC said that, on a combined basis, the two groups have an annualized volume of around 20,000 patient encounters. IPC said it already has an established presence in both markets.

According to the company, the acquired groups will join existing IPC practices.

California-based IPC The Hospitalist is focused on the delivery of hospitalist medicine and related facility-based services.

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