Industry Bulletins | January 20, 2021
Summit BHC Acquires Seabrook, Expands Into New Jersey
Summit Behavioral Healthcare, LLC (Summit BHC), which provides behavioral health and addiction treatment services nationally entered the state of New Jersey when it closed its acquisition of non-profit Seabrook on December 21, 2020. Seabrook’s operations include a 153-bed inpatient addiction treatment facility located on 40 acres in Bridgeton, New Jersey, along with three additional intensive outpatient programs operating in Cherry Hill, Morristown, and Shrewsbury. Financial terms were not disclosed.
With this acquisition, for-profit Summit BHC owns and operates 22 freestanding treatment facilities across the United States. The company was founded in 2013 to develop and operate . . .