Chemed
Chemed Corporation operates primarily in two segments: VITAS and Roto-Rooter. The VITAS segment focuses on hospice and palliative care, providing comprehensive support to terminally ill patients through a network of healthcare professionals, including physicians, registered nurses, and social workers, as well as volunteers. This segment relies heavily on revenue from Medicare and Medicaid reimbursement programs. The Roto-Rooter segment offers plumbing, drain cleaning, and water restoration services to both residential and commercial clients. Chemed, incorporated in 1970 and headquartered in Cincinnati, Ohio, manages these diverse operations to deliver essential services across the United States.
1 past transactions
Vitas Healthcare
Acquisition in 2005
VITAS Healthcare specializes in hospice care and palliative services for individuals with serious illnesses. The organization focuses on enhancing the quality of life for terminally ill patients by providing comprehensive support through an interdisciplinary team of professionals. VITAS offers services both in patients' homes and in dedicated inpatient hospice units, ensuring personalized care plans tailored to individual needs. Their approach emphasizes comfort and dignity, helping patients transition from curative treatments to hospice care with sensitivity and support. In addition to medical assistance, VITAS provides emotional and spiritual care, as well as bereavement support and grief resources for families. With a range of services, including music therapy and pet visits, VITAS Healthcare strives to create a compassionate environment for patients and their loved ones during this critical time.
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