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Annual Revenue
$ 2,430,000,000
Global Employees
15,695
R&D Investment
42300000
Patents Filed
17
VITAS Healthcare, a wholly-owned subsidiary of Chemed Corporation, is a leading provider of hospice and palliative care services. This segment focuses on end-of-life care, offering a comprehensive range of services including physician care, nursing, home health aides, social work, spiritual support, and volunteer services. VITAS utilizes a multidisciplinary approach to address the physical, emotional, and spiritual needs of patients and their families. Research and development activities within VITAS focus on improving pain management, symptom control, and the overall quality of life for patients with life-limiting illnesses. Technologies and methodologies include advanced pain management techniques, telehealth for remote patient monitoring, and the use of electronic health records to enhance care coordination. VITAS primarily serves patients in the United States, with a focus on oncology, cardiology, and other chronic conditions. The segment's market positioning is strong, with a reputation for high-quality care and a commitment to patient-centered services. Future opportunities include expanding access to care through telehealth and partnerships with hospitals and other healthcare providers. Regulatory and clinical aspects are critical, with VITAS adhering to strict guidelines and standards of care. Partnerships with medical equipment suppliers and other healthcare organizations are key to its success.
Roto-Rooter, another wholly-owned subsidiary of Chemed Corporation, is a leading provider of plumbing, drain cleaning, and water restoration services for residential and commercial customers. This segment focuses on providing emergency and scheduled services, including drain cleaning, sewer line repair, water damage restoration, and other related services. Roto-Rooter utilizes advanced technologies and methodologies, such as video inspection equipment for drain and sewer lines, hydro-jetting for effective cleaning, and water damage restoration techniques. The segment serves a broad customer base across the United States, offering 24/7 service to address plumbing emergencies and maintenance needs. Market positioning is strong, with a well-recognized brand and a large network of company-owned branches and independent contractors. Future opportunities include expanding service offerings, leveraging digital marketing to reach new customers, and exploring new technologies for improved efficiency and service quality. Regulatory aspects include compliance with local plumbing codes and environmental regulations. Partnerships with insurance companies and property management firms are important for business growth.