About Healthcare Services Group
Healthcare Services Group is a company based in Bensalem (United States) founded in 1976 by Daniel P McCartney.. The company has 35,300 employees as of December 31, 2024. Healthcare Services Group has completed 2 acquisitions, including Platinumhcs and Summit Service Group. Healthcare Services Group offers products and services including Environmental Services, Dining Services, and Nutrition Services. Healthcare Services Group operates in a competitive market with competitors including ImageFIRST, React Specialist Cleaning, Celtic Linen, Superior Health Linens and Crown Laundry, among others.
- Headquarter Bensalem, United States
- Employees 35300 as on 31 Dec, 2024
- Founders Daniel P McCartney
- Stage Public
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Healthcare Services Group, Inc.
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Annual Revenue
$1.72 B2.65as on Dec 31, 2024
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Net Profit
$39.47 M2.83as on Dec 31, 2024
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EBITDA
$50.77 M-33.77as on Dec 31, 2024
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Latest Funding Round
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Investors
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Employee Count
35300
as on Dec 31, 2024
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Investments & Acquisitions
Platinumhcs
& 1 more
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IPO & Listings of Healthcare Services Group
Healthcare Services Group is a publicly listed company on the NASDAQ with ticker symbol HCSG in USA, operating in the Commercial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Healthcare Services Group
Healthcare Services Group offers a comprehensive portfolio of products and services, including Environmental Services, Dining Services, and Nutrition Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides cleaning, laundry, and infection prevention for healthcare facilities.
Offers menu development and safe meal preparation for residents.
Delivers personalized meals and dietary compliance support.
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Funding Insights of Healthcare Services Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Healthcare Services Group
Healthcare Services Group has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Platinumhcs and Summit Service Group. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Commercial and industrial cleaning services are provided across various sectors.
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1981 | ||||
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Provider of residential services for adults with intellectual and developmental disabilities
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Healthcare Services Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Healthcare Services Group Comparisons
Competitors of Healthcare Services Group
Healthcare Services Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ImageFIRST, React Specialist Cleaning, Celtic Linen, Superior Health Linens and Crown Laundry, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Provider of linen & laundry services for hospitals
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| domain | founded_year | HQ Location |
Specialist cleaning services are provided across the United Kingdom.
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| domain | founded_year | HQ Location |
Laundry management services are provided to hotels and hospitals.
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| domain | founded_year | HQ Location |
Housekeeping services are provided to healthcare facilities nationwide.
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| domain | founded_year | HQ Location |
Healthcare linen management is supported via specialized laundry services.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Healthcare Services Group
Frequently Asked Questions about Healthcare Services Group
When was Healthcare Services Group founded?
Healthcare Services Group was founded in 1976.
Where is Healthcare Services Group located?
Healthcare Services Group is headquartered in Bensalem, United States. It is registered at Bensalem, Pennsylvania, United States.
How many employees does Healthcare Services Group have?
As of Dec 31, 2024, the latest employee count at Healthcare Services Group is 35,300.
What is the annual revenue of Healthcare Services Group?
Annual revenue of Healthcare Services Group is $1.72B as on Dec 31, 2024.
What does Healthcare Services Group do?
Healthcare Services Group was founded in 1976 and is headquartered in Bensalem, United States. Operations focus on the healthcare sector, where laundry and housekeeping services are delivered to various facilities. These services support maintenance and sanitation needs in medical environments across the country. The company was established by Daniel P. McCartney, emphasizing reliable support for healthcare providers through specialized cleaning and linen management.
Who are the top competitors of Healthcare Services Group?
Healthcare Services Group's top competitors include React Specialist Cleaning, ImageFIRST and Shubhram.
What products or services does Healthcare Services Group offer?
Healthcare Services Group offers Environmental Services, Dining Services, and Nutrition Services.
Is Healthcare Services Group publicly traded?
Yes, Healthcare Services Group is publicly traded on NASDAQ under the ticker symbol HCSG.
How many acquisitions has Healthcare Services Group made?
Healthcare Services Group has made 2 acquisitions, including Platinumhcs, and Summit Service Group.
What is Healthcare Services Group's ticker symbol?
The ticker symbol of Healthcare Services Group is HCSG on NASDAQ.