Statistics:
Know Your Facts: VITAS
Published on Thu Jan 01, 2004
What makes a $1.5 billion hospice business tick? Here are some vital statistics and information about for-profit, privately held VITAS Healthcare Corp., based in Miami. The company: was founded in 1978 by a Methodist minister and a registered nurse who had developed a curriculum on death education at Miami-Dade Community College. serves 7,900 patients daily with 5,700 employees. has 25 programs in eight states (CA, FL, IL, NJ, OH, PA, TX and WI). recorded $420 million in revenues for the fiscal year ended Sept. 30, and expects $490 million for FY 2004. has 17 inpatient units and serves 40 percent of its patients in nursing homes and assisted living facilities. Source: Roto-Rooter Inc. press release and VITAS Web site.
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