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Stockreport

Healthcare Services Group: A Decade Of "Strategic Rounding" [Seeking Alpha]

HEALTH CARE SERVICES GROUP (HCSG)  More Company Research Source: Seeking Alpha
Last health care services group earnings: 4/17 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: hcsg.client.shareholder.com
PDF Summary Background and Valuation Pennsylvania-based Healthcare Services Group (NASDAQ: HCSG ) offers outsourced housekeeping and dining services to nursing homes, hospitals and other healthcare facilities across the United States. The company was founded 40 years ago by current Chairman Daniel McCartney, and has grown into a company with over $1.5 billion in revenues and a $3 billion market cap. HCSG is currently led by McCartney's son-in-law Ted Wahl (President and CEO). Other family members in senior roles with the company include Daniel McCartney's brothers Bryan and Kevin McCartney, who are employed as Executive VP and Divisional VP, respectively, and Daniel McCartney's other son-in-law Matt McKee, who is the company's VP of Strategy. HCSG's business has experienced fairly steady growth in recent years by peddling a boring suite of essential services to an important part of the healthcare industry; however, the company's stock price has been anything but boring, having [Read more]

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