VITAS To Buy Hospice Assets of Covenant Care in Florida and Alabama
Chemed Corp (CHE)
Last chemed corp earnings: 4/28 04:15 pm
Check Earnings Report
US:NYSE Investor Relations:
ir.chemed.com/investor-overview
Company Research
Source: Business Wire
CINCINNATI--(BUSINESS WIRE)--VITAS Healthcare Corporation, a wholly-owned subsidiary of Chemed Corporation (“Chemed”) (NYSE: CHE), announced it entered into an agreement on March 12, 2024 to acquire all hospice operations and an assisted living facility from Covenant Health and Community Services, Inc. d/b/a/ Covenant Care (“Covenant”) for an aggregate purchase price of $85 million. Covenant’s hospice operations span the panhandle of Florida and Alabama, specifically including the Tallahassee, Marianna, Fort Walton Beach, Panama City, Crestview and Pensacola markets in Florida, and the Dothan and Mobile/Daphne markets in Alabama.The transaction is structured as an asset purchase and parties will seek to close the transaction in the second quarter, subject to certain regulatory and other approvals.Nick Westfall, Chairman and CEO of VITAS Healthcare, stated, “Covenant Care has a 44-year history of providing high-quality, patient-centered care across communities in Florida and Alabam
Show less
Read more
Impact Snapshot
Event Time:
CHE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CHE alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CHE alerts
High impacting Chemed Corp news events
Weekly update
A roundup of the hottest topics
CHE
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