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Law Offices of Howard G. Smith Announces Investigation On Behalf of Shareholders of IPC The Hospitalist Company, Inc.

^{Published on 2010-06-11 18:20:17 - Market Wire}
 

BENSALEM, Pa.--([ BUSINESS WIRE ])--Law Offices of Howard G. Smith announces that it is investigating potential claims on behalf of purchasers of the securities of IPC The Hospitalist Company, Inc. (aIPCa or the aCompanya) (NASDAQ:IPCM) concerning possible violations of federal securities laws between May 4, 2009 and June 8, 2010.

"seeks production of a wide range of documents relating to the Companya™s Medicare and Medicaid participation, physician arrangements, operations and compliance programs."

IPC, through its affiliates, provides, manages and coordinates the care of hospitalized patients and serves as the inpatient partner of primary care physicians and specialists. The Company provides infrastructure, information management systems, specialized training programs, transition management, regional management, recruiting, training, financial reporting, billing and collections, risk management, compliance programs, and administrative support. The investigation is related to IPCa™s June 9, 2010, announcement that it received a civil investigative demand ("CID") issued by the Department of Justice, U.S. Attorney's Office for the Northern District of Illinois. The CID requests information concerning claims the Company has submitted to Medicare and Medicaid and applies to the Company and its affiliated professional organizations. According to the Company, the CID aseeks production of a wide range of documents relating to the Companya™s Medicare and Medicaid participation, physician arrangements, operations and compliance programs.a

If you purchased shares of IPC between May 4, 2009 and June 8, 2010, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to [ howardsmith@howardsmithlaw.com ], or visit our website at [ http://www.howardsmithlaw.com ].