Chemed (FRA:CXM) Supplies Expense Percentage of Revenue % : 0.00% (As of . 20)

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What is Chemed Supplies Expense Percentage of Revenue %?

Supplies Expense is one of the major costs of healthcare businesses. A lower percentage of supplies expense of revenue is better if the service quality is guaranteed.

The historical rank and industry rank for Chemed's Supplies Expense Percentage of Revenue % or its related term are showing as below:

FRA:CXM's Supplies Expense Percentage of Revenue % is not ranked ^*
in the Healthcare Providers & Services industry.
Industry Median:
* Ranked among companies with meaningful Supplies Expense Percentage of Revenue % only.

Chemed Supplies Expense Percentage of Revenue % Historical Data

The historical data trend for Chemed's Supplies Expense Percentage of Revenue % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Chemed Supplies Expense Percentage of Revenue % Chart

Chemed (FRA:CXM) Supplies Expense Percentage of Revenue % Explanation

For health care businesses, supplies make up a significant percentage of expenses. Supply expenses average 15% of total hospital expenses, with the middle 50% of hospitals ranging from 9% to 19%. These are highly relevant costs. The numbers range substantially by hospital specialty, correlating strongly with the case mix index.

Clearly, managing such a large and diverse category of expenses is important for hospitals. Yet supply chains in health care are both complex and fragmented and complex, commonly lagging well behind other industries in how effectively they are managed.

Chemed Supplies Expense Percentage of Revenue % Related Terms

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Chemed (FRA:CXM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Chemed Corp (FRA:CXM) » Definitions » Supplies Expense Percentage of Revenue %

Comparable Companies

Traded in Other Exchanges

CHE:USA

Address

255 East Fifth Street, Suite 2600, Cincinnati, OH, USA, 45202-4726

Website

https://www.chemed.com

Chemed Corp operates subsidiaries in two main segments: VITAS and Roto-Rooter. The VITAS segment generates the majority of the firm's revenue. It provides hospice and palliative-care services to patients with terminal illnesses through a network of physicians, registered nurses, home health aides, social workers, and volunteers. The vast majority of the segment's revenue is received from the Medicare and Medicaid reimbursement programs. The Roto-Rooter segment provides plumbing, drain cleaning, water restoration, and related services to residential and commercial customers. Chemed generates the majority of its revenue from business in the United States.