NORTH HOLLYWOOD, Calif., and NASHVILLE, Tenn., June 9, 2015 (GLOBE NEWSWIRE) -- IPC Healthcare, Inc. (Nasdaq: IPCM ), a leading national acute hospitalist and post-acute provider organization, announced today that it has entered into a strategic alliance with naviHealth, Inc. Headquartered in Nashville, Tennessee, naviHealth is an Awardee Convener under Medicare's Bundled Payments for Care Improvement Initiative (BPCI), an innovative initiative aiming to provide higher quality and more coordinated care at a lower cost to Medicare. IPC, through its subsidiaries and affiliates, will provide clinical and other care coordination services for the BPCI initiative in collaboration with naviHealth.
In addition to its role as a BPCI Awardee Convener, naviHealth combines innovative point of care technology, clinical expertise and analytics in working with a number of leading national and regional health plans to optimize post-acute care utilization, while ensuring members receive the right amount of care in the appropriate setting. IPC and naviHealth anticipate collaborating on future joint initiatives in this area.
"As healthcare reform continues to evolve in the U.S., there is a greater emphasis on integrated care models that can improve outcomes while effectively managing costs. IPC, because of its strong presence and capabilities in both acute and post-acute care, is uniquely positioned to deliver high value in new models of care such as BPCI. By combining IPC's clinical expertise with naviHealth's care coordination capabilities, both organizations will continue to be at the forefront of healthcare reform," said Adam Singer, M.D., CEO of IPC.
"Our leading technology, analytics and post-acute expertise enables naviHealth to partner with organizations such as IPC to deliver higher value healthcare. We look forward to working with IPC on both BPCI and other opportunities over the coming months," said Clay Richards, CEO of naviHealth.
About naviHealth, Inc.
naviHealth partners with health plans, health systems, accountable care organizations and post-acute providers to manage the entire continuum of post-acute care. The Company utilizes evidence-based protocols and technology-enabled services to optimize care and align all stakeholders. naviHealth has more than a decade of experience managing post-acute care and serving Medicare lives. For more information, visit naviHealth website at www.navihealth.us .
About IPC Healthcare, Inc.
IPC Healthcare, Inc. (Nasdaq: IPCM ) is a leading national acute hospitalist and post-acute provider group practice company. IPC Healthcare's affiliated physicians and other clinical providers practice in over 400 hospitals and 1,700 post-acute care facilities. The Company offers its more than 1,900 employed clinicians comprehensive training, information technology, and management support systems to improve the quality and reduce the cost of patient care in the facilities it serves. For more information, visit the IPC Healthcare website at www.ipchealthcare.com .
Media Contact for IPC: Scott Public Relations Elaine Murphy 818.610.0270 Investor Contact for IPC: PondelWilkinson Evan Pondel 310.279.5980 Media Contact for naviHealth Sloane & Company Dan Zacchei 212.446.1882
