Concerns Over Medicare Cap Limits Cause Chemed (CHE) Stock Drop

Reported 2 days ago

Chemed Corporation (CHE), known for its hospice and palliative care services, saw its stock drop by 18.03% in one month and 17.28% over the past year due to worries about proposed Medicare cap limits affecting its VITAS segment, alongside decreased demand in its Roto-Rooter plumbing services. Despite these challenges, Aristotle Capital's investor letter maintains optimism in Chemed's long-term potential.

Source: YAHOO

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