Health & Fitness
Thu, May 5, 2011Wed, May 4, 2011Tue, May 3, 2011Mon, May 2, 2011Fri, April 29, 2011Thu, April 28, 2011VITAS Healthcare Corporation Acquires Hospice in Alabama
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Published in Health and Fitness on Monday, May 2nd 2011 at 19:40 GMT by Market Wire🞛 This publication is a summary or evaluation of another publication
CINCINNATI--([ BUSINESS WIRE ])--Chemed Corporation (aChemeda) (NYSE:CHE) today announced that its VITAS Healthcare Corporation (VITAS) subsidiary has acquired the operating assets of Family Comfort Hospice based in Alabama, effective April 29, 2011. This acquisition adds three Central-Alabama locations serving ten counties to VITASa™s network of hospice programs and adds approximately 80 patients to VITASa™s average daily census. VITAS is the nationa™s largest provider of end-of-life hospice care services.
Terms of the transaction were not disclosed.
Listed on the New York Stock Exchange and headquartered in Cincinnati, Ohio, Chemed Corporation ([ www.chemed.com ]) operates two wholly owned subsidiaries: VITAS Healthcare and Roto-Rooter. VITAS is the nationa™s largest provider of end-of-life hospice care and Roto-Rooter is the nationa™s leading provider of plumbing and drain cleaning services.
Statements in this press release or in other Chemed communications may relate to future events or Chemeda™s future performance. Such statements are forward-looking statements and are based on present information Chemed has related to its existing business circumstances. Investors are cautioned that such forward-looking statements are subject to inherent risk and that actual results may differ materially from such forward-looking statements. Further, investors are cautioned that Chemed does not assume any obligation to update forward-looking statements based on unanticipated events or changedexpectations.