| Stage | BTSG | % of rev | CHE | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $4.2B | 100.00% | $691M | 100.00% | BTSG ×6.10 |
| Gross profit | $519M | 12.31% | $233M | 33.72% | CHE +21.4pp |
| Operating income | $160M | 3.81% | $96M | 13.96% | CHE +10.1pp |
| Pre-tax income | $129M | 3.07% | $97M | 14.00% | CHE +10.9pp |
| Net income | $100M | 2.38% | $72M | 10.37% | CHE +8.0pp |
| Stage | BTSG | CHE | Gap · A − B |
|---|---|---|---|
| Revenue | $4.2B100.00% | $691M100.00% | BTSG ×6.10 |
| Gross profit | 12.31%$519M | 33.72%$233M | CHE +21.4pp |
| Operating income | 3.81%$160M | 13.96%$96M | CHE +10.1pp |
| Pre-tax income | 3.07%$129M | 14.00%$97M | CHE +10.9pp |
| Net income |
| 2.38%$100M |
| 10.37%$72M |
| CHE +8.0pp |
BTSG 10-KFeb 27 '26
“We are reimbursed for substantially all of our services by federal, state, and local government programs, such as Medicare, including Medicare Part D, and Medicaid state programs, MCOs and other state agencies.”
CHE 10-KFeb 28 '25
“In excess of 95% of VITAS' net patient service revenue consists of payments from the Medicare and Medicaid programs.”
BTSG 10-KFeb 27 '26
“We are reimbursed for substantially all of our services by federal, state, and local government programs, such as Medicare, including Medicare Part D, and Medicaid state programs, MCOs and other state agencies.”
CHE 10-KFeb 28 '25
“In excess of 95% of VITAS' net patient service revenue consists of payments from the Medicare and Medicaid programs.”