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Now Open: VITAS® Healthcare Inpatient Hospice Care at Oak Manor

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VITAS Healthcare (NYSE:CHE) opened its first inpatient hospice center in Pinellas County at Oak Manor in Largo on March 11, 2026, expanding local end-of-life services.

The 12-room facility provides 24/7 clinical care, high-acuity support and is expected to care for 400+ patients annually, plus family respite and community outreach.

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Positive

  • First inpatient center in Pinellas County expands regional footprint
  • 12 private patient rooms designed for comfort and dignity
  • Expected to serve 400+ patients per year
  • 24/7 clinical and high-acuity services, including physician-led care and extubation services

Negative

  • None.

News Market Reaction – CHE

-0.88%
-0.88% Session close to close

In the Mar 16 session, CHE declined 0.88%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement highlights the opening of VITAS’s first inpatient hospice center in Pinellas Count...
Analysis

This announcement highlights the opening of VITAS’s first inpatient hospice center in Pinellas County, adding 12 private rooms and capacity for 400+ patients and families each year. It extends services that began locally in November 2025 and broadens CHE’s hospice continuum without immediately changing disclosed financial guidance. In context of recent flat Q4 revenue of $639.3M and EPS pressure, investors may watch how this facility contributes to VITAS volume trends and mix over time.

Key Figures

Annual patient capacity: 400+ patients per year Private patient rooms: 12 rooms Life expectancy criterion: Six months or less +5 more
8 metrics
Annual patient capacity 400+ patients per year Expected volume at new Oak Manor inpatient hospice center
Private patient rooms 12 rooms Number of private rooms at Oak Manor inpatient hospice center
Life expectancy criterion Six months or less Hospice eligibility based on physician determination of advanced illness
Grand opening date March 11, 2026 Ribbon cutting and grand opening ceremony at Oak Manor
Service start in county November 2025 VITAS began serving Pinellas County with home-based hospice care
Care availability 24/7 clinical care Around-the-clock support at the new inpatient hospice center
Facility address 3500 Oak Manor Lane Location of VITAS inpatient hospice care at Oak Manor in Largo
Referral phone 800.93.VITAS Contact number for evaluations and hospice referrals

Historical Context

5 past events · Latest: Mar 12 (Neutral)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Mar 12 Conference presentation Neutral -0.8% Announcement of virtual presentation at Oppenheimer healthcare conference.
Feb 25 Earnings results Neutral -0.4% Q4 2025 results with flat revenue and lower EPS versus prior year.
Feb 13 Buyback & dividend Positive +2.0% Additional $300M repurchase authorization and $0.60 quarterly dividend.
Jan 02 Earnings date set Neutral -0.9% Scheduling of Q4 2025 earnings release and related conference call.
Dec 04 Investor conference Neutral -1.5% Planned presentation at BofA Securities 2025 Virtual Home Care Conference.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent stock reactions to routine news (conferences, earnings, presentations) have generally been modest, with one clearer positive move on buyback/dividend actions.

Recent Company History

Over the last several months, CHE’s news flow has focused on capital returns, earnings, and conference visibility. On Feb 25, 2026, Q4 2025 results showed flat consolidated revenue at $639.3M with EPS declines, followed by formal 8-K disclosure. Earlier in February, the Board authorized an additional $300M for buybacks and declared a $0.60 dividend, which coincided with a 2.0% gain. Multiple conference and presentation announcements in Dec 2025 and Mar 2026 led to small negative moves, suggesting limited impact from non-fundamental events. Today’s opening of a new VITAS inpatient hospice center fits into the ongoing expansion of the hospice platform rather than a major financial inflection.

Key Terms

inpatient hospice, compassionate extubation services, physician-led plans of care, psychosocial support, +1 more
5 terms
inpatient hospice medical
"As the first VITAS inpatient center in the region, the facility strengthens..."
Inpatient hospice is a hospital unit, freestanding facility, or dedicated ward where patients stay overnight to receive specialized comfort-focused care and symptom control at the end of life, rather than curative treatment. It matters to investors because the number of inpatient hospice beds, how often they are used, and how care is paid for influence healthcare providers’ revenues, operating costs and capacity planning—similar to how a hotel’s occupied rooms and room rates affect its income and margins.
compassionate extubation services medical
"the VITAS inpatient center offers compassionate extubation services, physician-led..."
Compassionate extubation services are medical and support procedures for removing a patient from a breathing tube when continued mechanical ventilation no longer matches their goals of care, with a focus on comfort, symptom relief and family support during the process. For investors this service line can affect demand and reimbursement for hospitals and hospice providers, carry legal and reputation risks, and signal how well a provider manages sensitive end-of-life care—similar to a company’s customer service handling its most critical moments.
physician-led plans of care medical
"offers compassionate extubation services, physician-led plans of care, pain..."
A physician-led plan of care is a medical roadmap created and overseen by doctors that outlines a patient’s diagnosis, treatments, follow-ups and coordination among caregivers. Investors care because these plans can improve treatment consistency and outcomes, reduce unnecessary costs and hospital readmissions, and affect reimbursement and regulatory compliance—similar to how a well-managed project plan can lower expenses and risk for a business.
psychosocial support medical
"pain and medication management, psychosocial support, bariatric beds, handicap-accessible..."
Psychosocial support is help for a person’s mental well‑being and social needs, such as counseling, peer groups, family education, or community services that reduce stress, isolation, and emotional distress. Investors should care because these services can affect patient outcomes, employee productivity, regulatory compliance and long‑term costs—like preventive maintenance for a machine, they can reduce larger problems later and influence demand, reputation and financial risk.
bariatric beds medical
"psychosocial support, bariatric beds, handicap-accessible rooms and specialized equipment..."
Bariatric beds are heavy-duty hospital beds designed to safely support larger, heavier patients—think of them as reinforced, extra-wide beds with stronger frames, higher weight limits, and wider surfaces to make movement and care easier. Investors care because these beds are a specialized, higher-priced product sold to hospitals, care centers and home-health providers; demand tracks obesity and aging trends, facility upgrades, and safety standards, which can affect sales and profit margins.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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LARGO, Fla., March 16, 2026 /PRNewswire/ -- Residents in Pinellas County now have improved access to high-quality, compassionate end-of-life care with the opening of VITAS Healthcare inpatient care at Oak Manor in Largo. As the first VITAS inpatient center in the region, the facility strengthens the continuum of care for people facing terminal illness by providing around-the-clock clinical support in a comfortable, supportive environment.

The new VITAS inpatient hospice care at Oak Manor is expected to care for 400+ patients and their families each year.

The center features 12 private patient rooms designed to offer comfort, dignity and support for patients and families. Individuals living at Oak Manor or anywhere in Pinellas County can now benefit from expert symptom management and clinical oversight without traveling far from home.

The facility, located at 3500 Oak Manor Lane in Largo, is expected to care for more than 400 patients and their families each year.

"We are proud to deepen our commitment to Pinellas County with the opening of our first inpatient hospice center in the region," said Kathleen Coronado, vice president of operations for VITAS. "As the nation's leading provider of end-of-life care, VITAS is dedicated to ensuring that patients and families can access the support they need, when they need it most. This center reflects our belief that high-quality, compassionate care should be accessible to all, and that commitment extends from home hospice to our new inpatient care center."

Designed to provide 24/7 clinical care and high-acuity support, the VITAS inpatient center offers compassionate extubation services, physician-led plans of care, pain and medication management, psychosocial support, bariatric beds, handicap-accessible rooms and specialized equipment to enhance comfort and safety. Two landscaped courtyards offer peaceful outdoor spaces for reflection and time together.

Community healthcare leaders, local elected officials and representatives from the Central Pinellas Chamber of Commerce joined VITAS and Oak Manor for a grand opening and ribbon cutting ceremony on March 11.

VITAS began serving Pinellas County in November 2025 from its administrative office in St. Petersburg, offering home-based hospice care across the region. The addition of the inpatient center marks the next step in meeting the needs of patients when symptoms cannot be managed at home and offering families support through respite care.

Hospice eligibility is based on a physician's determination that a patient is facing an advanced illness with a life expectancy of six months or less. Families and clinicians can request an evaluation or make a referral at 800.93.VITAS or by visiting VITAS.com, where support is available 24/7.

To support ongoing growth in the region, VITAS is hiring for a variety of clinical and nonclinical roles in Pinellas County. Learn more about career opportunities at a nationally recognized Top Workplace in Healthcare by visiting careers.vitas.com.

About VITAS® Healthcare
VITAS Healthcare is the nation's leading provider of end-of-life care. For almost 50 years, VITAS (pronounced VEE-tahs) has delivered compassionate hospice and palliative care to seriously ill patients and their families. Headquartered in Miramar, Florida, the company operates 59 service areas across 15 states (Alabama, California, Connecticut, Delaware, Florida, Georgia, Illinois, Kansas, Missouri, New Jersey, Ohio, Pennsylvania, Texas, Virginia and Wisconsin) and the District of Columbia. 

VITAS cares for more than 22,000 patients daily, primarily wherever they call home, as well as in its inpatient hospice settings and through partnerships with hospitals, nursing homes and assisted living communities. With a team of nearly 12,000 employees, VITAS was named a 2025 Top Workplace in Healthcare. Visit www.vitas.com.

Media inquiries contact: media@vitas.com, 877-848-2701

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/now-open-vitas-healthcare-inpatient-hospice-care-at-oak-manor-302714865.html

SOURCE VITAS Healthcare

FAQ

What services does VITAS (CHE) offer at the new Oak Manor inpatient hospice center?

The Oak Manor center offers 24/7 clinical care and high-acuity support for terminal patients. According to the company, services include physician-led plans of care, pain and medication management, compassionate extubation, psychosocial support and specialized equipment.

How many patients will VITAS (CHE) expect to care for annually at Oak Manor?

VITAS expects the Oak Manor center to care for more than 400 patients and families each year. According to the company, the estimate reflects the facility's 12 private rooms and regional demand for inpatient hospice services.

Where is the VITAS (CHE) inpatient hospice at Oak Manor located and when did it open?

The inpatient hospice is located at 3500 Oak Manor Lane, Largo, FL and held a grand opening on March 11, 2026. According to the company, the center follows VITAS's November 2025 launch of home-based services in Pinellas County.

Who is eligible for hospice care at VITAS (CHE) Oak Manor and how do families get referrals?

Hospice eligibility requires a physician's determination of an advanced illness with life expectancy of six months or less. According to the company, families and clinicians can request evaluations at 800.93.VITAS or via VITAS.com, available 24/7.

What patient amenities and accessibility features does VITAS (CHE) provide at Oak Manor?

Oak Manor includes bariatric beds, handicap-accessible rooms, specialized equipment and two landscaped courtyards. According to the company, these amenities aim to enhance comfort, safety and private outdoor space for patients and families.

Is VITAS (CHE) hiring for roles to support the Oak Manor inpatient center in Pinellas County?

Yes, VITAS is hiring clinical and nonclinical staff to support regional growth. According to the company, career opportunities are listed at careers.vitas.com for positions tied to the new Oak Manor operations.