---
schema_version: "secwatch.filing_event.v1"
accession: "0000731012-24-000097"
form_type: "8-K"
ticker: "HCSG"
cik: "0000731012"
company_name: "HEALTHCARE SERVICES GROUP INC"
filed_at: "2024-06-03T23:59:59+00:00"
generated_at: "2026-06-01T06:58:41.760460+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# HCSG estimates $0.20 Q2 charge from LaVie Chapter 11; reiterates 2024 cash flow

## Summary
- Q2 non-cash charge of ~$0.20 per share due to LaVie Care Centers Chapter 11 filing.
- Company expects to continue servicing LaVie with no impact on future revenue or earnings.
- Reiterates Q2 2024 adjusted cash flow of $5–15M; full-year $40–55M.
- CEO cites improving industry fundamentals: occupancy at 79%, CMS proposed 4.1% Medicare rate increase for FY2025.
- LaVie restructuring strengthens customer base's financial health long-term, per management.

## SEC filing metadata
- accession: 0000731012-24-000097
- form_type: 8-K
- ticker: HCSG
- cik: 0000731012
- company_name: HEALTHCARE SERVICES GROUP INC
- filed_at: 2024-06-03T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/731012/000073101224000097/0000731012-24-000097-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/731012/000073101224000097/hcsg-20240603.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000731012-24-000097
- JSON: https://secwatch.observer/filing/0000731012-24-000097.json
- Plain text: https://secwatch.observer/filing/0000731012-24-000097.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.