Shuman Law Firm announces that it is investigating potential claims
against certain officers and directors of IPC The Hospitalist Company,
Inc. ("IPC" or the "Company") (IPCM).
IPC is a California-based naional physician group practice company that
operates and manages full-time hospitalist practices.
The Firm's investigation concerns the December 9, 2013, announcement by
the U.S. Department of Justice that it had intervened in a lawsuit that
alleges that IPC submitted false claims to federal health care programs.
The lawsuit alleges that IPC physicians sought payment for higher and
more expensive levels of medical service than were actually performed -
a practice commonly known as "upcoding." The lawsuit was originally
filed by Dr. Bijan Oughatiyan, a former IPC physician, who alleges that
IPC encouraged its physicians to bill at the highest levels regardless
of the level of service provided, trained physicians to use higher level
codes and encouraged physicians with lower billing levels to "catch up"
to their peers.
If you currently own IPC common stock and are interested in discussing
your rights, or have information relating to this investigation, please
contact Kip B. Shuman or Rusty E. Glenn toll free at (866) 974-8626 or
email Mr. Shuman at email@example.com
or email Mr. Glenn at firstname.lastname@example.org.
The Shuman Law Firm represents investors throughout the nation,
concentrating its practice in stockholder litigation.
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