STAT+: Proton cancer centers continue to proliferate, despite shaky benefits and checkered financiers
On May 12, the South Florida Proton Therapy Institute issued a warning to its investors: It had a week’s worth of cash left and had to dip into a reserve fund to pay off debt.
The proton beam therapy center at the University of Alabama at Birmingham fired off a similar warning that same day. It had a little more than three months of cash on hand and also was struggling to make debt payments.
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