IPC The Hospitalist buys Hospitalists of America

Physician group practice operator IPC The Hospitalist Company Inc. will buy Hospitalists of America, allowing it to expand into Southeast Florida. By buying HOA, IPC said it will gain a network of independent physicians who will offer services to HOA's health plan and hospital customers in Miami-Dade, Broward and Palm Beach counties. IPC representatives said the company expects the deal to close in the third quarter but did not disclose financial terms.