IPC The Hospitalist Co. Inc. (Nasdaq: IPCM) has acquired two more practices in Florida.
The hospital group picked up Eddin Medical Services, a post-acute practice in Daytona, Florida, and TriCounty Hospitalists, an acute care practice in Longwood, Florida.
The deal allows IPC to expand its presence in the Daytona and Orlando areas.
The buyer, headquartered in North Hollywood, California, is a hospital medicine and post-acute physician group practice company. IPC's physicians and health care providers practice in more than 400 hospitals and 1,200 post-acute care facilities. In May, the company bought Eastside Medical Consultants LLC, a practice that focuses on internal medicine services.
Physician groups and health care providers are merging in an effort to scale up to handle increased pressures from the Affordable Care Act. For more, see "ACA Reshuffles the Deck."