NASDAQ, HCSG - Healthcare Svcs Gp
The Company is a Pennsylvania corporation, incorporated on November 22, 1976. We
provide housekeeping, laundry, linen, facility maintenance and food services to
the health care industry, including nursing homes, retirement complexes,
rehabilitation centers and hospitals located throughout the United States. Based
on the nature and similarities of the services provided, our business operations
consist of two business segments (Housekeeping and Food). We believe that we are
the largest provider of housekeeping and laundry services to the long-term care
industry in the United States, rendering such services to approximately 2,100
facilities in 47 states as of December 31, 2007. Although we do not directly
participate in any government reimbursement programs, our clients?
reimbursements are subject to government regulation. Therefore, they are
directly affected by any legislation relating to Medicare and Medicaid
reimbursement programs. ...
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