Chemed's (CHE) VITAS Segment Inks New Deal With Covenant Care [Yahoo! Finance]
Chemed Corp (CHE)
Last chemed corp earnings: 4/28 04:15 pm
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Source: Yahoo! Finance
assisted living facility from Covenant Health and Community Services, Inc. (Covenant). The aggregate purchase price of the transaction is fixed at $85 million. The transaction is structured as an asset purchase and the parties will seek to close the same in second-quarter 2024, subject to certain regulatory and other approvals. More on the News VITAS stands to gain significantly with the addition of Covenant Care team members, enabling both organizations to make a positive impact in all the communities they serve. Covenant Care has a 44-year history of providing high-quality, patient-centered care across the communities in Florida and Alabama. This specifically includes the Tallahassee, Marianna, Fort Walton Beach, Panama City, Crestview and Pensacola markets in FL, and the Dothan and Mobile/Daphne markets in AL. Image Source: Zacks Investment Research Being a similar long-standing, mission-focused provider, VITAS is looking forward to building upon Covenant Care's legacy by
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News
- Chemed (CHE) Lags Q1 Earnings Estimates, Reaffirms 2024 View [Yahoo! Finance]Yahoo! Finance
- Chemed: Q1 Earnings Snapshot [Yahoo! Finance]Yahoo! Finance
- Chemed Reports First-Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
- Chemed Reports First-Quarter 2024 ResultsBusiness Wire
- Hospice Choices: VITAS® Healthcare Opens in Alabama, Expands in Florida Panhandle [Yahoo! Finance]Yahoo! Finance
CHE
Earnings
- 4/24/24 - Beat
CHE
Sec Filings
- 4/24/24 - Form 8-K
- 4/17/24 - Form 8-K
- 4/8/24 - Form DEF
- CHE's page on the SEC website