Vitas Healthcare’s 2024 purchase of Covenant Health and Community Services is helping to drive the company’s growth. VITAS acquired Covenant last year for $85 million. The transaction included Covenant’s hospice assets and marked an important milestone for VITAS, including its entry into the assisted living space and in the Alabama market while expanding its geographic footprint across Florida. VITAS is a subsidiary of Chemed Corp. (NYSE: CHE). The Covenant deal has yielded growth in revenue, average daily census and admissions.
Read the full article: Covenant Health Transaction a Growth Engine for VITAS //
Source: https://hospicenews.com/2025/04/28/covenant-health-transaction-a-growth-engine-for-vitas/