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Chemed CHE Medicare Cap Liability

Discontinued — last reported Q4 '25

Medicare Cap Liability at other companies

Centene logo
CenteneCNC
$4.07B+8.5%
Centene logo
CenteneCNC
$4.07B+8.5%
Molina Healthcare logo
Molina HealthcareMOH
$701M-11.9%
Centene logo
CenteneCNC
$8.77B+18.9%
Molina Healthcare logo
Molina HealthcareMOH
$1.36B+5.2%
Molina Healthcare logo
Molina HealthcareMOH
$818M+13.5%

Segments

By segment

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Segment Vitas$30.9M+127%

Other financials

Income statement

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Revenue$657.5M+1.6%
Gross profit$215.8M-0.3%
Operating income$84.6M-10.7%
Net income$66.3M-7.6%
EPS (diluted)$4.84-0.4%

Balance sheet

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Cash & equivalents$16.9M-90.3%
Total debt$236.9M+63.3%
Total equity$848.0M-28.2%
Total assets$1.5B-11.0%

Cash flow

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Operating cash flow$88.2M+169%
CapEx$17.1M+28.9%
Free cash flow$71.1M+265%

Valuation

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Market cap$5.79B-42.3%
Enterprise value$6.01B-39.6%
P/E22.3×-10.2×
P/S2.3×-1.8×

Profitability

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Gross margin32.4%-2.4pp
Operating margin12.9%-2.7pp
Net margin10.2%-2.2pp
FCF margin14.8%+2.2pp

Returns & leverage

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Return on equity25.6%-0.5pp
Debt / equity0.3×+0.2×
Current ratio0.9×-0.9×

Where this comes from

Reported directly by Chemed in its filing.

Tagged under the XBRL concept che:MedicareCapLiability.

The official record: Chemed’s 10-K, filed February 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Chemed's medicare cap liability?
Chemed (CHE) reported medicare cap liability of $30.91M in Q4 2025.
How has Chemed's medicare cap liability changed year-over-year?
Chemed's medicare cap liability increased by 127.7% year-over-year, from $13.58M to $30.91M.
What is the long-term trend for Chemed's medicare cap liability?
Over 4 years (2021 to 2025), Chemed's medicare cap liability has grown at a 23.0% compound annual growth rate (CAGR), from $13.52M to $30.91M.
What does medicare cap liability mean?
This represents the estimated liability for hospice care payments that exceed the annual Medicare reimbursement cap. It is a critical metric for healthcare providers, as it reflects the risk of having to repay funds to the government if service volume or billing exceeds regulatory limits. High liabilities indicate potential downward pressure on future revenue and cash flow.