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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 nRACie7OQ2uNHtBpHlWmBg==

<SEC-DOCUMENT>0001181431-09-058370.txt : 20091222
<SEC-HEADER>0001181431-09-058370.hdr.sgml : 20091222
<ACCEPTANCE-DATETIME>20091222211052
ACCESSION NUMBER:		0001181431-09-058370
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20091218
FILED AS OF DATE:		20091222
DATE AS OF CHANGE:		20091222

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			TIMPE CHUCK
		CENTRAL INDEX KEY:			0001266424

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-33930
		FILM NUMBER:		091256511

	MAIL ADDRESS:	
		STREET 1:		11111 SANTA MONICA BLVD STE. 550
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90025

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			IPC The Hospitalist Company, Inc.
		CENTRAL INDEX KEY:			0001410471
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-MISC HEALTH & ALLIED SERVICES, NEC [8090]
		IRS NUMBER:				954562058
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		4605 LANKERSHIM BLVD., SUITE 617
		CITY:			NORTH HOLLYWOOD
		STATE:			CA
		ZIP:			91602
		BUSINESS PHONE:		818-766-3502

	MAIL ADDRESS:	
		STREET 1:		4605 LANKERSHIM BLVD., SUITE 617
		CITY:			NORTH HOLLYWOOD
		STATE:			CA
		ZIP:			91602
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rrd260629.xml
<DESCRIPTION>FORM 4 - 12.18.09
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2009-12-18</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001410471</issuerCik>
        <issuerName>IPC The Hospitalist Company, Inc.</issuerName>
        <issuerTradingSymbol>IPCM</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001266424</rptOwnerCik>
            <rptOwnerName>TIMPE CHUCK</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O IPC THE HOSPITALIST COMPANY, INC.</rptOwnerStreet1>
            <rptOwnerStreet2>4605 LANKERSHIM BLVD., STE 617</rptOwnerStreet2>
            <rptOwnerCity>NORTH HOLLYWOOD</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>91602</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2009-12-18</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>24194</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>30.92</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <ownerSignature>
        <signatureName>/s/ Fernando Sarria, Attorney-in-Fact</signatureName>
        <signatureDate>2009-12-22</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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