---
schema_version: "secwatch.filing_event.v1"
accession: "0001562762-24-000053"
form_type: "8-K"
ticker: "CHE"
cik: "0000019584"
company_name: "CHEMED CORP"
filed_at: "2024-03-13T23:59:59+00:00"
generated_at: "2026-06-04T22:35:19.884195+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# VITAS to acquire Covenant Care hospice assets for $85M in cash

## Summary
- VITAS (Chemed subsidiary) agreed to purchase Covenant Care's hospice operations and an assisted living facility for $85M cash.
- Assets span Florida panhandle (Pensacola, Tallahassee, etc.) and Alabama (Dothan, Mobile) markets.
- Transaction structured as asset purchase, expected to close in Q2 2024 subject to regulatory approvals.
- VITAS Chairman & CEO Nick Westfall highlights cultural alignment and plans to welcome Covenant team members.

## SEC filing metadata
- accession: 0001562762-24-000053
- form_type: 8-K
- ticker: CHE
- cik: 0000019584
- company_name: CHEMED CORP
- filed_at: 2024-03-13T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/19584/000156276224000053/0001562762-24-000053-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/19584/000156276224000053/che-20240313x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001562762-24-000053
- JSON: https://secwatch.observer/filing/0001562762-24-000053.json
- Plain text: https://secwatch.observer/filing/0001562762-24-000053.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.