Healthcare Services Group

Summary
Healthcare Services Group, Inc. provides management, administrative, and operating services to the housekeeping, laundry, linen, facility maintenance, and dietary service departments of nursing homes, retirement complexes, rehabilitation centers, and hospitals in the United States. It operates through two segments, Housekeeping and Dietary. The Housekeeping segment engages in the cleaning, disinfecting, and sanitizing of resident rooms and common areas of the client's facility, as well as laundering and processing of the bed linens, uniforms, resident personal clothing, and other assorted linen items utilized at a client's facility. The Dietary segment provides food purchasing, meal preparation, and professional dietitian services, which include the development of menus that meet the dietary needs of residents. This segment also offers on-site management and clinical consulting services to facilities. As of December 31, 2021, the company provided its services to approximately 3,000 facilities. Healthcare Services Group, Inc. was incorporated in 1976 and is based in Bensalem, Pennsylvania.

History

Healthcare Services Group was founded in 1976 by Leonard Grunstein and Irving Goldstine. The company's original business model was hospital laundry service, which quickly expanded to include housekeeping, dietary, plant operations and maintenance services. In 1986, HCSG became a publicly traded company and has since grown to become one of the largest providers of healthcare services in the nation.


Mission
Healthcare Services Group’s mission is to provide quality and cost-effective services to our clients that exceed their expectations and enhance the quality of life for our patients and employees.

Vision
Our vision is to be the premier provider of healthcare services in North America while delivering consistent and superior service to our clients.

Key Team

Mr. John Christopher Shea CPA, CPA, M.B.A., MBA (Exec. VP & Chief Admin. Officer)

Mr. Jason J. Bundick (Exec. VP, Chief Compliance Officer, Gen. Counsel & Sec.)

Mr. Matthew J. McKee MBA (Chief Communications Officer)

Mr. Bryan D. McCartney (Exec. VP)

Mr. Patrick J. Orr Esq. (Chief Revenue Officer)


Recognition and Awards
Healthcare Services Group has been the recipient of many awards including the American Public Health Association’s Business Achievement Award and the American Health Care Association’s National Award of Excellence.

References
Healthcare Services Group
Leadership team

Mr. Theodore Wahl CPA (Pres, CEO & Director)

Mr. Andrew W. Kush AAI (Exec. VP & COO)

Mr. Andrew Brophy (VP, Controller & Principal Accounting Officer)

Products/ Services
Health Care, Information Technology
Number of Employees
20,000 - 50,000
Headquarters
Bensalem, Pennsylvania, United States
Established
1976
Company Registration
SEC CIK number: 0000731012
Net Income
20M - 100M
Revenue
Above - 1B
Traded as
HCSG
Social Media
Sun Mar 03 2024
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