HCSGNasdaqServices-Nursing & Personal Care FacilitiesUS GAAP · USD

Healthcare Services Group, Inc

Healthcare Services Group Inc. provides housekeeping, laundry, linen, facility maintenance and dietary management services to healthcare facilities across the United States. Its business is built around taking over day-to-day support operations inside nursing homes, retirement communities, rehabilitation centers and hospitals, with services delivered through on-site management and staff supervision.

Kysy yhtiöstä
Liikevaihto1 837milj. USD
+7,1 %v/v
Nettotulos59,1milj. USD
+49,6 %v/v
Vapaa kassavirta139milj. USD
+468,7 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

05001 0001 5002 000milj. USD2020: 1 760 milj. USD20202021: 1 642 milj. USD20212022: 1 690 milj. USD20222023: 1 671 milj. USD20232024: 1 716 milj. USD20242025: 1 837 milj. USD20251 837
LiikevaihtoLiikevoitto (EBIT)
Kysy Clarifolta: Healthcare Services Group, Inc

Liiketoiminta

Osuus liikevaihdosta
Housekeeping / EVS55 %

Cleaning, sanitation and environmental services for resident and patient facilities.

Dietary40 %

Food service management, meal preparation support and related supplies.

Laundry and Linen3 %

Laundry processing, linen handling and related operational support.

Facility Maintenance and Other2 %

Maintenance support and smaller ancillary service lines tied to facility operations.

Asiakkaat

The company sells primarily to healthcare facilities that outsource non-clinical support functions, especially nursing homes and long-term care operators. Customers buy these services to reduce administrative burden, improve service quality and avoid the cost of running housekeeping and dietary departments in-house.

Long-term care facilities

Nursing homes and similar facilities buy housekeeping and dietary management to outsource daily support operations and improve resident service quality.

Retirement communities

Retirement complexes use the company for housekeeping, laundry and dietary support to simplify operations and maintain service standards.

Rehabilitation centers and hospitals

These facilities buy on-site support services to manage non-clinical departments efficiently and focus internal resources on care delivery.

Large healthcare operators

Multi-facility customers contract for standardized service delivery across a portfolio and often drive meaningful revenue concentration.

Management-only customers

A smaller set of customers retain payroll responsibility but outsource management and supervision of support departments.

Strategia

Management is focused on winning new facilities, expanding services at existing customers and passing through cost inflation through billing increases where possible. The company also emphasizes labor efficiency, supply-chain management and retention of managerial talent because service quality and on-site execution are central to customer renewal and growth.

Grow facility count and service penetrationLyhyt aikaväli

Revenue growth depends on adding new customers and increasing services at existing sites.

Maintain pricing discipline against inflationLyhyt aikaväli

Labor and supply costs are the largest cost drivers, so pricing must keep pace to protect margins.

Improve operating efficiency at the facility levelKeskipitkä aikaväli

The company’s margins depend on controlling labor, supplies and bad debt at each site.

Build and retain managerial talentKeskipitkä aikaväli

On-site managers are critical to customer retention, service quality and new account sales.

Maantiede

Healthcare Services Group operates almost entirely in the continental United States, serving about 2,800 facilities as of year-end 2025. The business has no meaningful international footprint in the disclosed materials, so performance is tied to U.S. healthcare demand, labor markets and reimbursement-driven customer health.

Riskit

The business is exposed to customer concentration, contract cancellation risk and the financial health of healthcare operators that depend on Medicare and Medicaid reimbursement. It also faces labor inflation, supply-chain pressure, cybersecurity risk and execution risk because most services are delivered on-site and depend on local staffing and management quality.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Customer concentration and bankruptcy exposure1Labor and supply inflation2Healthcare reimbursement pressure on customers4Cybersecurity and IT disruption5
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Customer concentration and bankruptcy exposureVaikutus: KorkeaTodennäköisyys: Korkea

    A few customers can contribute meaningfully to revenue, and customer distress can quickly reduce volumes or delay payment.

    Kohdistuu: Genesis Healthcare contributed 7.3% of 2025 revenue and filed for Chapter 11

  2. Labor and supply inflationVaikutus: KorkeaTodennäköisyys: Korkea

    The company is labor-intensive and relies on supplies for EVS and Dietary services, so cost inflation can compress margins if pricing lags.

    Kohdistuu: Housekeeping and dietary labor costs are the largest segment expense items

  3. Short-term cancellable contractsVaikutus: Korkea

    Customers can reduce services or terminate agreements after short notice, limiting revenue visibility.

    Kohdistuu: Most agreements are cancellable by either party upon 30 to 90 days' notice

  4. Healthcare reimbursement pressure on customersVaikutus: KeskitasoTodennäköisyys: Korkea

    Many customers depend on Medicare, Medicaid and other payers, so reimbursement cuts can weaken their ability to pay or expand services.

    Kohdistuu: Primarily concentrated in the healthcare industry

  5. Cybersecurity and IT disruptionVaikutus: KeskitasoTodennäköisyys: Matala

    Ordering, payroll and back-office functions rely on IT systems, so a breach or outage can interrupt service delivery and create liability.

    KohdistuuA cybersecurity incident was identified on October 92024
Kysy Clarifolta: Healthcare Services Group, Inc

Kirjanpito

Harkinnanvaraiset erät
Revenue recognition for ongoing service contracts

Revenue is recorded as services are performed, so changes in facility count, service mix and contract pricing flow directly into reported revenue.

Vaikutus: Affects quarterly revenue trend and comparability across periods

Allowance for doubtful accounts

Customer distress and bankruptcy can require higher credit-loss provisions, especially for large healthcare operators.

Vaikutus: Can reduce operating income and cash flow

Self-insurance reserves

Workers' compensation and general liability reserves are updated using actuarial estimates, which can materially change reported expense.

Vaikutus: Can create quarter-to-quarter volatility in operating results

Segment expense allocation

Certain SG&A items are included in segment expenses, so segment margins depend on allocation methodology and cost mix.

Vaikutus: Affects reported EVS and Dietary margin trends

Samankaltaisia listattuja yhtiöitä

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

PACS Group, Inc.

PACS · Services-Skilled Nursing Care Facilities

HCA Healthcare, Inc.

HCA · Services-General Medical & Surgical Hospitals, NEC

Waste Management, Inc

WM · Refuse Systems

National HealthCare Corporation

NHC · Services-Skilled Nursing Care Facilities

Healthcare Triangle, Inc.

HCTI · Services-Computer Integrated Systems Design

The Ensign Group, Inc

ENSG · Services-Skilled Nursing Care Facilities

Päivitetty: 24.9.2026

Healthcare Services Group, Inc (HCSG) liikevaihto, tulos ja tunnusluvut 2025 – Clarifo