As we've detailed here previously, the hospitalist industry is exploding. Now, the question for one player is whether it can ride the sector's growth into success as a public company. IPC-The Hospitalist Company has announced plans to kick off a $105 million public offering, betting on the notion that hospitalists will be an established part of hospital medicine going forward.
Not only is the company following its nose, it's also riding national trends, which have seen the number of U.S. hospitalists climb from 1,100 physicians 10 years ago to more than 20,000 today and growing. In its registration statement, IPC says that it believes that 40 percent of hospitals now have formal hospitalist programs, and notes that the number of hospitalists should reach 30,000 within a scant three years.
To find out more about IPC's plans:
- read this Modern Physician piece
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