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Beacon Hospice Announces Merger with Seacoast Hospice

October 12, 2010
by root
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Seacoast Hospice, Inc., has consummated a transaction with Beacon Hospice, Inc., under which Beacon has agreed to purchase substantially all of the nonreal estate assets of Seacoast.

Seacoast, which has been providing services since 1978, will continue to operate under the Seacoast Hospice brand. It will, however, lose its nonprofit status, meaning all hospices in Strafford County, New Hampshire, will be for-profit, Seacoast Online reported.

Beacon, headquartered in Charlestown, Massachusetts, was established in 1995 to serve the needs of terminally ill patients, and cares for patients out of 22 offices in more than 400 communities in New Hampshire, Maine, Massachusetts, Connecticut, and Rhode Island.

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Hospice to lose nonprofit status