Chemed Corporation (CXM)

Overview

Chemed Corporation, incorporated in 1970 and based in Cincinnati, Ohio, is a provider of hospice and palliative care services across the United States. With a comprehensive network that includes physicians, registered nurses, home health aides, social workers, clergy, and volunteers, the company is dedicated to delivering compassionate care to patients in need. Beyond healthcare, Chemed Corporation diversifies its services through its operation in two distinct segments: VITAS and Roto-Rooter, the latter offering a range of plumbing and related services to both residential and commercial customers.

Products and Services

• Hospice and Palliative Care - Chemed Corporation, under its VITAS segment, specializes in providing end-of-life care designed to offer comfort and support to patients and their families. This includes medical, emotional, and spiritual care, aimed at easing the patient's final days while addressing the needs of the family.
• Plumbing and Drain Cleaning Services - Through its Roto-Rooter segment, the company offers comprehensive plumbing services. This includes fixing leaks, unclogging drains, and general maintenance tasks, serving both homeowners and businesses alike.
• Excavation Services - Roto-Rooter also provides specialized excavation services, tackling underground plumbing repair jobs that require digging and precise, technical expertise.
• Water Restoration Services - The company extends its Roto-Rooter branch to include water restoration services. This caters to residential and commercial clients who need assistance in recovering from water-related damage, such as flooding or leaks, ensuring a return to safety and normalcy as swiftly as possible.