Hospice News February 27, 2025
Florida-based VITAS Healthcare is anticipating fruitful hospice growth on its horizon. The Chemed Corp. (NYSE: CHE) subsidiary has seen record-highs in patient census volumes and is ramping up strategic plans to expand its geographic footprint across its home state.
Acquisitions and de novos will make up an important mix of VITAS’ expansion, Chairman and CEO Nick Westfall said in Thursday’s earnings call. The company is optimistic about future opportunities in the Southeast, executives indicated.
“We’ve demonstrated the ability to partner with and successfully integrate other providers through acquisitions to ensure communities continue to receive the best possible patient care,” Westfall said. “As a result of these efforts, VITAS achieved all-time highs in [average daily census (ADC)] growth, revenue growth, EBITDA...
Today's Sponsors
Today's Sponsor