STAT+: Proton cancer centers continue to proliferate, despite shaky benefits and checkered financiers

Even as some proton therapy centers falter, some big-name hospitals are partnering with companies, some with questionable track records, to set up the facilities to attract cancer patients.

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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