Chemed Corporation (CHE) Presents at Oppenheimer 36th Annual Healthcare MedTech & Services Conference Transcript

SA Transcripts159.05K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call Chemed Corporation (CHE) Oppenheimer 36th Annual Healthcare MedTech & Services Conference March 19, 2026 9:20 AM EDT Company Participants Michael Witzeman - Executive VP, Controller, Principal Accounting Officer & CFOJoel Wherley - President & CEO of VITAS Healthcare Conference Call Participants Michael Wiederhorn - Oppenheimer & Co. Inc., Research Division Presentation Michael WiederhornOppenheimer & Co. Inc., Research Division Welcome to Oppenheimer's 36th Annual Healthcare Conference. I'm Mike Wiederhorn, the health care analyst. It's our pleasure to introduce Chemed today, and we have Joel Wherley, President and CEO of VITAS; Mike Witzeman, Chief Financial Officer. Today will be a fireside. Thank you guys for joining us this morning. Let's just... Michael WitzemanExecutive VP, Controller, Principal Accounting Officer & CFO Hello, Mike. Question-and-Answer Session Michael WiederhornOppenheimer & Co. Inc., Research Division So I'll start right away, kind of kick in here. Can you discuss your guidance and your comfort level with each segment? I know it's a little open-ended, but we'll obviously get more into this, but just from a high-level perspective. Michael WitzemanExecutive VP, Controller, Principal Accounting Officer & CFO Yes. I'll start, and Joel can add some color at least on the VITAS side. I would say, if you break it down, we're very comfortable with the VITAS guidance. We think that there's probably some conservatism in it. We are working towards, as you know, balancing the patient mix, going back to a more balanced mix of short- and long-stay patients, and that provides some upward potential as we get through 2026. We're confident, fairly confident in the Roto-Rooter guidance. Obviously, the last couple of years have been a little rough there, and we've missed particularly the beginning of the year guidance by quite a bit by the time the end of the year comes. We feel like -- and I know we'll