Chemed (CHE)

VITAS is the company’s largest revenue contributor and provides hospice and palliative care for patients with advanced or terminal illnesses. Its care model relies on interdisciplinary teams that may include physicians, nurses, home health aides, social workers, chaplains, and volunteers. Services are delivered in a variety of settings, including patients’ homes, nursing facilities, assisted living communities, hospitals, and dedicated inpatient hospice units. This segment is shaped by demographic trends, healthcare regulation, Medicare reimbursement, clinical staffing, and the ongoing preference for care outside traditional hospital settings.

Roto-Rooter gives Chemed a second, highly recognizable business in plumbing, drain cleaning, water cleanup, and related repair services. It serves both residential and commercial customers, responding to routine maintenance needs as well as urgent problems such as clogged drains, sewer line issues, and water damage. The brand’s national presence, service network, and emergency-response positioning are central to its competitive profile.

Chemed’s corporate approach is to own and operate businesses where cash generation, market position, and disciplined capital allocation can support long-term shareholder value. CHE therefore offers exposure to two distinct service markets: hospice care, driven by healthcare demand and aging demographics, and essential property services, driven by maintenance, repair, and emergency needs.