HEALTHCARE SERVICES GROUP INC

General Healthcare Services Group, Inc. provides management, administrative, and operating expertise and services primarily to healthcare facilities across the United States. Incorporated on November 22, 1976, the company serves nursing homes, retirement complexes, rehabilitation centers, and hospitals. As of December 31, 2025, it provides services to approximately 2,800 facilities throughout the continental United States. The company believes it is the largest provider of housekeeping, laundry, and dietary management services to the long-term care industry in the United States. The company operates through two reportable segments: Environmental Services (EVS) and Dietary. The Environmental Services segment includes housekeeping, laundry, linen, and other services, which are provided to approximately 2,300 customer facilities. The Dietary segment provides dietary department services to approximately 1,600 facilities. Corporate headquarters offers centralized financial management, legal services, human resources management, and other administrative support to both segments. Services are primarily delivered through full-service agreements, where the company manages its employees at customer facilities and provides certain supplies. For a limited number of customers, the company offers management-only agreements, providing management and supervisory services while the customer facility handles payroll for non-supervisory staff. In some management-only agreements, the company remains responsible for purchasing supplies. While the company does not directly participate in government reimbursement programs, its customers receive Medicare and Medicaid reimbursements, making them directly affected by related legislation and regulations.