Healthcare Services Group
Business Services · Pennsylvania, United States · 10K+ Employees
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Overview
Headquarters
3220 Tillman Dr Ste 300, Bensalem, Penns...Phone Number
(215) 639-4274Website
www.hcsgcorp.comRevenue
$1.9 BillionStock Symbol
HCSGIndustry
ZI Rank: 4
Signal Type
Feb
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ZI Rank
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About Healthcare Services Group
Healthcare Services Group, Inc. is a leading provider of comprehensive housekeeping, laundry, dining, and nutritional services to the healthcare industry, primarily serving nursing homes, retirement complexes, rehabilitation centers, and hospitals across the United States. Headquartered in Bensalem, Pennsylvania, the company operates through two primary business segments: Housekeeping and Dietary services, delivering essential support functions that enable healthcare facilities to maintain clean, safe, and comfortable environments while providing quality nutritional care to residents and patients. Through its Housekeeping division, Healthcare Services Group offers professional environmental services including facility cleaning, floor care, disinfection, and laundry operations that help healthcare providers maintain stringent infection control standards and regulatory compliance. The company's Dietary division provides comprehensive food service management encompassing menu planning, meRead more
Healthcare Services Group Org Chart
JL
Senior VP, Business Development
JV
Vice President, Business Development
JS
Vice President, Business Development
LA
Vice President, Business Development
LB
Vice President, Business Development
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Company Profile Activity
Activity Insights
Healthcare Services Group is experiencing very low activity levels compared to other companies in the Business Services sector.
What does this means?
Healthcare Services Group is drawing exceptional interest within the Business Services industry, suggesting notable developments or strong market momentum, learn more about Healthcare Services Group.
Healthcare Services Group Tech Stack
A closer look at the technologies used by Healthcare Services Group
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Most Recent Scoops
Project
Healthcare Services Group has continued its service agreement with Genesis facilities without disruption following the bankruptcy court's approval of the sale of Genesis to 101 West State Street, with the transaction closing expected in late Q3 or early Q4 and ongoing service, operational outcomes, and payments expected to continue through the post-petition period.
Bankruptcy, Contracts, Finance
Earnings
Healthcare Services Group has provided financial modeling guidance with cost of sales targeted at 86%, SG&A at approximately 10% (midpoint of the 9.5% to 10.5% range), yielding a 4% pre-tax margin, with D&A and stock-based compensation adding approximately 1.5% for EBITDA purposes, and net income serving as the best proxy for cash flows.
Financial Planning, Finance, Financial Operations, Financial Strategy
Earnings
Healthcare Services Group has reported revenue of $470.8 million for Q2 (three months ended June 30), alongside net income of $22.7 million and diluted EPS of $0.32. Cash flow from operations was reported at $21.9 million, or $27.9 million when excluding the change in payroll accrual.
Earnings, Finance
Earnings
Healthcare Services Group has reported bad debt expense of $4.3 million for the quarter, relatively flat compared to $3.8 million last quarter, with the last two quarters coming in below 1% of revenue versus a historical norm of 1% to 1.5%, reflecting the impact of ongoing collections initiatives and contract enhancements.
Accounting, Billing & Invoice, Financial Reporting, Contracts, Finance
Earnings
Earnings, Business Finance, Finance, Financial Operations
Healthcare Services Group News & Media
Healthcare Services Group Q2 Earnings Call Highlights
Healthcare Services Group (NASDAQ:HCSG) reported second-quarter 2026 revenue of $470.8 million, with management citing disciplined execution, steady industry fundamentals and continued demand for outsourced services in long-term and post-acute care. Chief Executive Officer Ted Wahl said the companyHealthcare Services Group, Inc. (HCSG) Q1 2026 Earnings Call Transcript
Healthcare Services Group, Inc. (HCSG) Q1 2026 Earnings Call April 22, 2026 8:30 AM EDTCompany ParticipantsTheodore Wahl - President, CEO &...HCSG Insider Sells 2,490 Shares Worth $54,000
This leading healthcare services provider saw a notable insider sale following a year of robust share performance.
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Frequently Asked Questions Regarding Healthcare Services Group
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Healthcare Services Group, Inc. is a leading provider of comprehensive housekeeping, laundry, dining, and nutritional services to the healthcare industry, primarily serving nursing homes, retirement complexes, rehabilitation centers, and hospitals across the United States. Headquartered in Bensalem, Pennsylvania, the company operates through two pr... Read More
