During the corresponding time, Chemed Corporation recorded a revenue increase by 8.8 % year on year, sequentially revenue grew by 2.39 %. While revenue at the Chemed Corporation's corporate clients
Chemed's Comment on Sales, Marketing and Customers
Roto-Rooter Corporation operates in the United States, utilizing its trademarks to market its franchises, products, and services to a broad customer base. VITAS Healthcare Corporation primarily serves Medicare patients, with over 90% of its revenue derived from the U.S. government through the Medicare program. A substantial portion of VITAS's operations is located in Florida, where patient admissions and revenue increase during winter months due to the relocation of Medicare patients. The company holds Certificates of Need in certain states, which are required to conduct hospice operations and are considered valuable assets.
Chemed’s Comment on Sales, Marketing and Customers
Roto-Rooter Corporation operates in the United States, utilizing its trademarks to market its franchises, products, and services to a broad customer base. VITAS Healthcare Corporation primarily serves Medicare patients, with over 90% of its revenue derived from the U.S. government through the Medicare program. A substantial portion of VITAS's operations is located in Florida, where patient admissions and revenue increase during winter months due to the relocation of Medicare patients. The company holds Certificates of Need in certain states, which are required to conduct hospice operations and are considered valuable assets.
Sources:
Chemed Corporation’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Chemed Corporation’s corporate clients.
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