TeamHealth to Acquire Skilled Nursing Provider IPC Healthcare for $1.6B

KNOXVILLE, Tenn. and NORTH HOLLYWOOD, Calif. — Team Health Holdings Inc. (NYSE: TMH), a provider of outsourced physician staffing solutions for hospitals, will acquire IPC Healthcare Inc. (Nasdaq: IPCM), a post-acute provider, in an all-cash transaction totaling approximately $1.6 billion. The boards of directors of both companies have approved the transaction.

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