VITAS Bullish on Hospice, Palliative Care Acquisitions Following Covenant Deal

Chemed Corp. (NYSE: CHE) subsidiary VITAS Healthcare is ramping up its strategic growth plans in both hospice and palliative care amid rising demand for these services. VITAS earlier this month completed its $85 million acquisition of Covenant Health and Community Services’ hospice operations and one assisted living facility location. Announced in March, the deal marked the company’s first purchase in several years. More transactions are on the horizon amid changes in the marketplace and increased clinical capacity, according to VITAS Chairman and CEO Nick Westfall.

Read the full article: VITAS Bullish on Hospice, Palliative Care Acquisitions Following Covenant Deal //

Source: https://hospicenews.com/2024/04/25/vitas-bullish-on-hospice-palliative-care-acquisitions-following-covenant-deal

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