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Monday, Apr 22, 2024

Briefs: IPC, Semtech, DineEquity

IPC The Hospitalist Co. Inc. has acquired three doctor practices in Michigan and Florida, the company announced Thursday. The North Hollywood company, which provides doctors who oversee inpatient care, bought the practice of Dr. Bruce Johnson, a Roseville, Mich. osteopath, and Dr. Allen Trager, a Flint, Mich. osteopath. In Florida, the company bought the practice of Dr. Victor Toledano in Fort Lauderdale. IPC expects the acquisitions will add about 44,000 patient visits annually to the company total. The company already had a presence in both states. IPC this year has acquired 19 doctor groups and practices, which represents about 950,000 patient visits annually, the company said. Semtech Corp. announced Thursday it has lowered its earnings guidance for the fiscal fourth quarter due to delays in capital expenditures by telecom companies and the release of a new consumer-mobile platform. The Camarillo semiconductor manufacturer projects earnings per share of zero to 8 cents for the quarter ending Jan. 26. The previous guidance was 9 cents to 18 cents. Revenue guidance also was lowered to between $120 million and $130 million from previous guidance of $132 million to $144 million. DineEquity Inc. has hired Daniel del Olmo as its new president for its international divisions of both its IHOP and Applebee’s restaurant chains, the company announced Thursday. The Glendale company is consolidating its international development and operations for the two subsidiaries. Del Olmo will be in charge of a team that will work with international franchisors. Previously, del Olmo worked as a senior vice president and managing director of the Latin American arm of Wyndham Hotels and Resorts. He worked for Wyndham for 11 years in senior management positions. “The key to the worldwide success and growth of DineEquity is a focus on developing each brand’s unique presence around the world,” said DineEquity Chief Executive Julia Stewart. “In Daniel, we have found a tremendous leader who has a track record of success.”

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