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FM Top 50 2015: No. 9 Healthcare Services Group

March 10, 2015

1 Min Read
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Fiscal 2014 Revenues: $446,000,000

The volume above is for Healthcare Services Group’s (HSG) foodservice business only. The company derives most of its nearly $1.3 billion in annual revenues from housekeeping, laundry, linen and facility maintenance services. It operates in more than 3,500 nursing homes, rehab facilities, retirement centers and hospitals in 48 states.

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The Top 5 Growers

HSG has expanded its dietary services revenues by more than $200 million in the past three years, an increase of around 90 percent. The success is attributable to a concentrated effort to sell dietary services to clients that are already customers of its more traditional non-food services.

HSG only launched its dietary/nutrition services unit in 1999 and to this day, less than a thousand of its 3,500 clients utilize this offering, representing considerable room for further growth.
 

 

GENERAL INFORMATION

Healthcare Services Group Inc.
BENSALEM, PA.

Contact Information    
3220 Tillman Dr., Suite 300, Bensalem, PA 19020
(215) 639-4274
hcsgcorp.com
 

FINANCIAL INFORMATION

Revenues
2014: $446
2013: $391
2012: $340

No. of Contracts    
2014: 900
2013: 800

Business Mix:
N/A

Segments Served:
Healthcare (100%)
 

TOP EXECUTIVE

Daniel McCartney, Chairman/CEO

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