Healthcare Services Group provides management, administrative, and operating services to the housekeeping, laundry, linen, facility maintenance, and dietary service departments to nursing homes, retirement complexes, rehabilitation centers, and hospitals. 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 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 facility. The Dietary segment is involved in the food purchasing and meal preparation activities, as well as in the provision of professional dietitian services, which include the development of menus that meet the dietary needs of residents. This segment also offers clinical consulting services to facilities.

Type
Public
HQ
Bensalem, US
Founded
1976
Size (employees)
48,900 (est)
Healthcare Services Group was founded in 1976 and is headquartered in Bensalem, US
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Healthcare Services Group Office Locations

Healthcare Services Group has an office in Bensalem
Bensalem, US (HQ)
3220 Tillman Drive, Suite 300
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Healthcare Services Group Financials and Metrics

Healthcare Services Group Financials

Healthcare Services Group's revenue was reported to be $1.56 b in FY, 2016 which is a 8.8% increase from the previous period.
USD

Revenue (Q1, 2018)

501.8 m

Net income (Q1, 2018)

72 k

Market capitalization (15-May-2018)

2.8 b

Closing share price (15-May-2018)

37.5

Cash (31-Mar-2018)

10.5 m
Healthcare Services Group's current market capitalization is $2.8 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

1.1 b1.3 b1.4 b1.6 b

Revenue growth, %

12%11%9%

General and administrative expense

105.4 m

Operating expense total

105.4 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Revenue

298.5 m312.2 m319.3 m320.1 m355.2 m355.4 m360.2 m384.8 m386.6 m392.7 m404.5 m470.9 m491.4 m501.8 m

General and administrative expense

22.6 m22 m22.2 m39.4 m26.8 m25.1 m23.4 m33.8 m

Operating expense total

22.6 m22 m22.2 m39.4 m26.8 m25.1 m23.4 m33.8 m

Pre tax profit

21.2 m23.1 m22 m(35.1 m)25.1 m26.3 m26.7 m29.6 m29.7 m30.6 m32.3 m33.1 m32.9 m(1.4 m)
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

64.2 m75.3 m33.2 m23.9 m

Current Assets

309.2 m334.8 m365.9 m414.6 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Cash

50.6 m71.7 m57.3 m52.9 m58.3 m85.9 m44.4 m29.1 m21.7 m24.3 m48.2 m7.1 m11 m10.5 m

Current Assets

287.7 m324.1 m320 m312.5 m330.3 m352.3 m362 m391.5 m410.3 m424.5 m451.7 m476.2 m515.5 m489.2 m

PP&E

11.2 m11.8 m11.5 m11.5 m13.1 m12.8 m13.3 m13.3 m13.5 m13.3 m13.4 m13.4 m13.5 m13.5 m

Goodwill

40.2 m40.2 m44.4 m44.4 m44.4 m44.4 m44.4 m44.4 m44.4 m44.4 m44.4 m50.5 m51.1 m51.1 m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

47.1 m21.9 m58 m77.4 m

Depreciation and Amortization

6.2 m7.3 m7.7 m7.5 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Net Income

41.7 m14.6 m28.6 m6.4 m15.5 m31.8 m48.9 m18.6 m37.4 m57.1 m22 m44.6 m68 m72 k

Depreciation and Amortization

4.5 m1.8 m3.6 m5.3 m1.9 m3.8 m5.7 m2 m3.9 m5.6 m1.9 m4.2 m6.3 m2.4 m

Cash From Operating Activities

7.9 m18.3 m14.8 m23.7 m(6.2 m)33.5 m52.5 m9.7 m20.2 m37.9 m34.6 m(6.6 m)3.1 m23.9 m

Purchases of PP&E

(2.7 m)(1.5 m)(2.7 m)(3.7 m)(1.4 m)(2.3 m)(4 m)(1.5 m)(3 m)(3.9 m)(1.3 m)(2.7 m)(4 m)(1.3 m)
USDY, 2018

Financial Leverage

1.7 x
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Healthcare Services Group Operating Metrics

FY, 2014FY, 2015FY, 2016Q1, 2017

Facilities

3.50 k3.50 k3.50 k3.80 k

Retention Rate

90%
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Healthcare Services Group News and Updates

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