Chemed Corporation operates two distinct businesses. Approximately 58 percent of its earnings are derived from VITAS, which delivers hospice and palliative care services. These services are provided through a network of physicians, registered nurses, home health aides, social workers and volunteers. VITAS maintains a significant presence in Florida. Across its operations, more than 90 percent of its revenue originates from payments under the United States Medicare and Medicaid programmes.
The second business within Chemed is Roto-Rooter, which offers plumbing services to both residential and commercial clients. These services are delivered through a network comprising company owned branches, subcontractors and franchisees. Roto-Rooter’s operations currently reach around 90 percent of the United States population.
