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Slide #76. Chemed Corporation — Solari Hospice Care
Chemed Corporation (NYSE:CHE)
Solari Hospice Care
Chemed Corporation announced that its VITAS Healthcare Corporation ("VITAS") subsidiary has acquired the operating assets of Houston-based Solari Hospice Care effective April 1, 2013. In Houston, Solari Hospice Care serves approximately 60 patients and also operates a free-standing hospice inpatient facility that provides high acuity care to up to 12 patients.
Chemed purchases, operates and divests subsidiaries engaged in business activities. Co. conducts its business operations in two segments: the VITAS segment (VITAS) and the Roto-Rooter segment (Roto-Rooter). The VITAS segment provides hospice and palliative care services to its patients through a network of physicians, registered nurses, home health aides, social workers, clergy and volunteers. The Roto-Rooter segment provides plumbing, drain cleaning, water restoration and other related services to residential and commercial customers.
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