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Chemed Corporation

Chemed Corporation is a Cincinnati-based company listed on the New York Stock Exchange that operates two wholly owned subsidiaries: VITAS Healthcare Corporation and Roto-Rooter.

Last updated September 15, 2026

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Overview

Chemed Corporation was incorporated in Delaware in 1970 as a subsidiary of W.R. Grace & Co. and succeeded to the business of W.R. Grace & Co.'s Special Products Group as of April 30, 1971, remaining a subsidiary of W.R. Grace & Co. until March 10, 1982. The company purchases, operates and divests subsidiaries engaged in diverse business activities for the purposes of maximizing shareholder value, and its day-to-day operating businesses are managed on a decentralized basis. Chemed conducts its business operations in two segments: the VITAS segment and the Roto-Rooter segment. VITAS provides hospice and palliative care services to its patients through a network of physicians, registered nurses, home health aides, social workers, clergy and volunteers. Roto-Rooter provides plumbing, drain cleaning, excavation, water restoration and other related services. Chemed is listed on the New York Stock Exchange and headquartered in Cincinnati, Ohio.

History

Chemed Corporation was incorporated in Delaware in 1970 as a subsidiary of W.R. Grace & Co. and succeeded to the business of W.R. Grace & Co.'s Special Products Group as of April 30, 1971. It remained a subsidiary of W.R. Grace & Co. until March 10, 1982. Since its inception, the Company has engaged in twelve significant acquisitions or divestitures of diverse business units. Chemed purchases, operates and divests subsidiaries engaged in diverse business activities for the purposes of maximizing shareholder value, and its day-to-day operating businesses are managed on a decentralized basis. Chemed conducts its business operations in two segments: the VITAS segment and the Roto-Rooter segment.

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