CHE 📈 Chemed - Overview

Chemed Corporation is a diversified healthcare and plumbing services company, providing a range of essential services to patients and customers across the United States. Through its VITAS segment, the company delivers hospice and palliative care services to patients, leveraging a network of skilled physicians, registered nurses, home health aides, social workers, clergy, and volunteers. This comprehensive approach enables Chemed to provide high-quality, patient-centered care, addressing the complex needs of individuals with life-limiting illnesses. By operating a large network of caregivers, the company is able to offer personalized support and services to patients and their families, helping to improve the quality of life and reduce the burden of care.

In addition to its healthcare services, Chemed Corporation also operates a significant plumbing and drainage business through its Roto-Rooter segment. This division provides a broad range of services, including plumbing, drain cleaning, excavation, water restoration, and other related solutions to residential and commercial customers. The company's plumbing services are delivered through a combination of company-owned branches, independent contractors, and franchisees, allowing it to maintain a strong presence in the market and respond quickly to customer needs. By offering a reliable and efficient service, Chemed is able to help customers address plumbing and drainage issues, reducing the risk of property damage and minimizing disruption to their daily lives.

With a history dating back to 1970, Chemed Corporation has established itself as a stable and reputable player in the healthcare and plumbing services industries. Headquartered in Cincinnati, Ohio, the company is well-positioned to continue delivering high-quality services to its customers, while also driving growth and expansion through strategic investments and initiatives. As a publicly traded company, Chemed is committed to creating value for its shareholders, while also making a positive impact on the communities it serves. With its strong track record and diversified business model, the company is well-placed to navigate the evolving healthcare and plumbing services landscapes, and to capitalize on emerging opportunities for growth and development.