IPC The Hospitalist Company Announces Estimated 2011 Results; Estimates Revenues $455-458M vs $465M Prior

IPC The Hospitalist Company, Inc.

, a leading national hospitalist group, today announced certain unaudited estimated financial results for the quarter and year ended December 31, 2011in advance of the announcement of its actual 2011 operating results.   For the full year 2011, the Company now estimates net revenues in the range of $455 million to $458 million, compared to its previous guidance of $463 million to $465 million. Net revenues for the fourth quarter ended December 31, 2011 are estimated to be in the range of $115 million to $118 million. The estimated net revenue is based on patient encounters of 1,224,000 for the fourth quarter of 2011, an increase of 22% compared to patient encounters of 1,006,000 for the fourth quarter 2010. The headcount of hospitalist providers as of December 31, 2011 was approximately 1,200, an increase of 168, or 16%, over the provider headcount of 1,032 as of December 31, 2010.