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Overview
Chemed Corporation is a provider of healthcare and maintenance services through its subsidiaries, VITAS Healthcare Corporation and Roto-Rooter Group, Inc. VITAS is one of the largest providers of hospice care in the United States, offering end-of-life care for terminally ill patients. Roto-Rooter is a leading provider of plumbing and drain cleaning services. Chemed's headquarters are located in Cincinnati, Ohio. Chemed was founded in 1970 and has been publicly traded on the New York Stock Exchange since 1971. The company has a strong track record of growth and profitability, with annual revenues exceeding $2 billion. Chemed is committed to providing high-quality, compassionate care to its patients and delivering exceptional customer service to its clients. The company has a diversified business model, with both VITAS and Roto-Rooter operating as separate divisions. This allows Chemed to balance the inherent risks and opportunities of each industry. VITAS Healthcare has a national presence with services available in 14 states and the District of Columbia, providing care to more than 18,000 patients daily. Roto-Rooter has a vast network of more than 500 company-owned and independent service locations, serving approximately 90% of the US population. Chemed is dedicated to maintaining strong financial and operational performance, providing value to its shareholders, employees, and customers. The company has won numerous awards and recognitions for its exceptional services, including being named one of Forbes' most trustworthy companies and a Fortune 500 company. In addition to its business operations, Chemed has a strong commitment to social responsibility and community involvement. The company supports various charitable organizations and initiatives, including the American Cancer Society, the American Red Cross, and local community events and programs. Overall, Chemed is a well-established and reputable company with a proven track record in the healthcare and maintenance services industries. Its commitment to quality, customer service, and social responsibility makes it a valuable partner in these growing and valuable sectors.
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