Chemed Corp (NYSE:CHE)
$ 575.24 1.11 (0.19%) Market Cap: 8.68 Bil Enterprise Value: 8.51 Bil PE Ratio: 30.96 PB Ratio: 7.33 GF Score: 96/100
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Chemed Corp at Oppenheimer Healthcare Conference Transcript

Mar 19, 2019 / 12:35PM GMT
Release Date Price: $327.09 (-0.51%)
Michael David Wiederhorn
Oppenheimer & Co. Inc., Research Division - MD and Senior Analyst

Good morning, welcome to Oppenheimer's 29th Health Care Conference. I'm Mike Wiederhorn. It's my pleasure to have Chemed Corporation, to have the President, CEO, Kevin McNamara; and Chief Financial Officer, David Williams.

Kevin J. McNamara
Chemed Corporation - CEO, President & Director

Thanks, Mike. One of the things that I always do for a couple of minutes is explain the combination of companies that is a nation's largest hospice company and a plumbing and drain, excavation and water restoration company. Together -- and it's really pretty much happenstance, Chemed is a company that spun off of W.R. Grace & Company in 1980. At the time it had a -- it was a specialty chemical group. It had a health care group. In 1981, it spunned most of its health care group off into a company, Omnicare, now purchased by CBS. The -- I'd say that we're a kind of a buyer and seller of companies, a lot of capital gains, lot of successful purchases and sales. Sold our [freshly]

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