Chemed
Chemed, listed on the New York Stock Exchange and headquartered in Cincinnati, Ohio, operates VITAS Healthcare Corporation and Roto-Rooter, leading providers in hospice care and plumbing services, respectively.
Company Overview
Chemed is a company listed on the New York Stock Exchange and is based in Cincinnati, Ohio. The company operates through two wholly owned subsidiaries: VITAS Healthcare Corporation and Roto-Rooter. VITAS is one of the largest providers of end-of-life hospice care in the United States, while Roto-Rooter specializes in plumbing, drain cleaning, and water cleanup services. Chemed is committed to sustainability and plans to produce Sustainability Accounting Standards Board (SASB) aligned disclosures by the end of 2024, as well as issue a comprehensive sustainability report by June 30, 2025.
VITAS Healthcare Corporation
VITAS Healthcare Corporation, a wholly owned subsidiary of Chemed, is one of the nation's largest providers of end-of-life hospice care. VITAS operates 48 hospice programs across 14 states and the District of Columbia. These programs offer specialized care aimed at providing comfort to terminally ill patients and their families, focusing on enhancing the quality of life during the final stages of illness.
Roto-Rooter Services
Roto-Rooter, another wholly owned subsidiary of Chemed, is the nation's leading provider of plumbing, drain cleaning, and water cleanup services. It serves more than 90% of the U.S. population and approximately 40% of the Canadian population. Roto-Rooter operates through 127 company-owned branches, independent contractors, and 369 franchisees, making it a widely accessible service provider in the plumbing industry.
Sustainability Initiatives
Chemed has demonstrated a commitment to sustainability by aligning its disclosures with the Sustainability Accounting Standards Board (SASB). The company plans to produce these SASB-aligned sustainability disclosures by the end of 2024 and aims to issue a comprehensive sustainability report by June 30, 2025. These initiatives reflect Chemed's dedication to transparent and responsible business practices.