Exhibit 99

                Chemed Corporation's Board of Directors Approves
                      $50 Million Stock Repurchase Program


    CINCINNATI--(BUSINESS  WIRE)--Aug.  14, 2006--Chemed  Corporation (NYSE:CHE)
today  announced  that the  Board  of  Directors  has  formally  authorized  the
establishment  of a $50 million ongoing share repurchase  program.  In addition,
the Company  intends to fully utilize the remaining $8 million from its February
2000 share repurchase program.  These share repurchases will be funded through a
combination  of cash  generated  from  operations as well as  utilization of its
revolving credit facility. The timing and the amount of any repurchase of shares
will be  determined  by Company  management  based on its  evaluation  of market
conditions and other factors.
    Listed on the New York Stock Exchange and headquartered in Cincinnati, Ohio,
Chemed  Corporation  (www.chemed.com)  operates two wholly  owned  subsidiaries:
VITAS  Healthcare and  Roto-Rooter.  VITAS is the nation's  largest  provider of
end-of-life  hospice care and  Roto-Rooter is the nation's  leading  provider of
plumbing and drain cleaning services.
    Statements  in this press  release  or in other  Chemed  communications  may
relate to future events or Chemed's  future  performance.  Such  statements  are
forward-looking  statements  and are based on  present  information  Chemed  has
related to its existing  business  circumstances.  Investors are cautioned  that
such  forward-looking  statements  are subject to inherent  risk and that actual
results may differ  materially from such  forward-looking  statements.  Further,
investors  are  cautioned  that Chemed does not assume any  obligation to update
forward-looking   statements   based  on   unanticipated   events   or   changed
expectations.

    CONTACT: Chemed Corporation
             David P. Williams, 513-762-6901