Hospice News January 14, 2025
Historically, VITAS Healthcare has relied heavily on organic growth, a strategy the company is not turning away from. However, it may add more acquisitions to the mix.
VITAS is a subsidiary of Chemed Corp. (NYSE: CHE). The company this year made its return to the M&A market after a hiatus of several years. In April, VITAS acquired Covenant Health and Community Services’ hospice operations as well as one assisted living facility in an $85 million deal.
Now, the company is seeking out other targets, with an emphasis on Certificate of Need states.
“There are at a minimum 12 states we don’t operate in that we think are very attractive to us, and we are out actively sourcing deals, and we...
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