Chemed Corporation

Chemed Corporation is a healthcare company that provides hospice and palliative care services to patients through a network of physicians, doctors, registered nurses, home health aides, social workers, clergy, and volunteers, primarily in the United States. Its operations are structured into two segments: VITAS and Roto-Rooter. The VITAS segment offers direct medical services, as well as spiritual and emotional counseling to both patients and their families. The Roto-Rooter segment provides plumbing, drain cleaning, excavation, water restoration, and related services to residential and commercial customers through company-owned branches, independent contractors, and franchisees.

Chemed Corporation is listed on the New York Stock Exchange (NYSE) under the ticker symbol CHE. The company operates in the United States and its financials are reported in US Dollars (USD). Investors trading shares of CHE on the NYSE will transact in USD, which is the standard currency for US-listed equities.

Chemed Corporation operates in the Healthcare sector and is classified under the Medical Care Facilities industry. This means the company is involved in providing medical care services, specifically hospice and palliative care, which are delivered through facilities and home-based care. The industry focuses on patient care services rather than manufacturing medical products or pharmaceuticals.

Chemed Corporation is headquartered in Cincinnati, Ohio, United States. The company primarily serves the US market through its two main segments. VITAS provides hospice and palliative care services across the United States, while Roto-Rooter offers plumbing and related services to residential and commercial customers nationwide. The company was incorporated in 1970 and has since built a network of company-owned branches, independent contractors, and franchisees to deliver its services.

Chemed Corporation generates revenue through two distinct segments: VITAS and Roto-Rooter. The VITAS segment earns revenue by providing hospice and palliative care services, including medical care from physicians and nurses, as well as spiritual and emotional counseling for patients and families. The Roto-Rooter segment generates revenue from plumbing, drain cleaning, excavation, and water restoration services for residential and commercial customers. Roto-Rooter operates through company-owned branches, independent contractors, and franchisees, allowing for a broad service network. This dual-segment structure diversifies Chemed's revenue streams across healthcare and essential home services.