1 Followers USX:CHE - Chemed Corp Chemed Corp
Sector: Health Care, Industry: Health Care Facilities
Next Earnings: 24 Apr 2024
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USD 644.26    +6.26 (+0.98%)
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27 Mar 2024


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General

CEO: Mr. Kevin J. McNamara

IPO: 1973-05-03

Headquarters: US

Employees: 15,087

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Description

Chemed Corp operates subsidiaries in two main segments: VITAS and Roto-Rooter. The VITAS segment generates the majority of the firm's revenue. It provides hospice and palliative care services to patients with terminal illnesses through a network of physicians, registered nurses, home health aides, social workers, and volunteers. The vast majority of the segment's revenue is received from the Medicare and Medicaid reimbursement programs. The Roto-Rooter segment provides plumbing, drain cleaning, water restoration, and related services to residential and commercial customers. Chemed generates the majority of its revenue from business in the United States.

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