- Joined
- May 7, 2014
- Messages
- 1,657
- Reaction score
- 3,473
California Proton Treatment Center (CPTC) has filed for Chapter 11 bankruptcy protection.
The out-of-town investment group that owns the $220 million state-of-the-art facility on Summers Ridge Road filed Wednesday under Chapter 11 of the U.S. Bankruptcy Code, stating in court papers that the center “has not operated on a profitable or even a break-even basis.”
The facility is known throughout the region as the Scripps Proton Therapy Center and is operated under contract by the Scripps Clinic Medical Group.
At a hearing in Delaware bankruptcy court scheduled for Friday, owner California Proton Treatment Center will ask a judge to approve a $16 million short-term loan to keep the center operating while the restructuring process proceeds.
In a statement, the company indicates that patients should not notice a difference.
“Our doors will remain open to administer highly-specialized cancer therapies, and a Patient Ombudsman will ensure that our transition to a new organizational framework won’t affect patients or staff,” said Jette Campbell, the restructuring officer brought on by the company to oversee the bankruptcy reorganization process.
The scripps guys are awesome dudes and GREAT doctors....But this was an ill-conceived plan from the get-go. To build a 200+ million dollar center near San Diego in a market full of urorads, medonc rads, etc. never made any sense.
Well, Florida does probably have the highest cancerous prostate rate in all of the US, right?There are so many ill conceived proton centers that have sprouted up in recent years, sometimes more than 1 in the same city (Jacksonville, FL is a great example). At best, there should be 10-15 max with the current data and proven indications vs IMRT/3D. FL alone is looking at 4 centers operational this year (2 in Jax, 1 in Orlando, 1 in Miami).
Unclear whetherWell, Florida does probably have the highest cancerous prostate rate in all of the US, right?
Unclear whether
1) all of that needs to be treated
2) protons is superior to brachy or imrt.
In addition, I know some private insurers will not cover prostate ca outside of high risk, if at all, while Medicare leaves it up to the regional heads. I've gotten referrals from the VA where they specifically exclude proton therapy for payment without prior authorization.
Prostate ca should not have been the business reason for all of these centers to have been built
Well you need to consider that proton centers need prostate cancer patients more than prostate cancer patients needs proton centers.
The cause specific survival for low risk prostate cancer patients treated with protons is probably 100% at ten years.
However the cause specific survival of proton centers who don't treat low risk prostate cancer patients is 0% at ten years.
Sent from my iPhone using SDN mobile
Unclear whether
1) all of that needs to be treated
2) protons is superior to brachy or imrt.
In addition, I know some private insurers will not cover prostate ca outside of high risk, if at all, while Medicare leaves it up to the regional heads. I've gotten referrals from the VA where they specifically exclude proton therapy for payment without prior authorization.
Prostate ca should not have been the business reason for all of these centers to have been built
However, the one thing that bothers me is that some insurers will cover it for high risk and not for low risk. What is the logic there? If you believe they both need to be treated, low risk are the ones most likely to derive the (theoretical) benefit of protons.
Nope. There may be increased RBE at the end of the Bragg peak but you don't hear about any of the protonists excalating dose beyond what is achievable with photon IMRT. The only theoretical advantages of protons are 1) decreased second cancers because of reduced total absorbed dose or 2) decreased bowel, bladder and sexual toxicity. The first advantage will never be demonstrable given the low rate of second cancers (and basically argues for active surveillance or brachytherapy (the most conformal radiotherapy technique evah) and the second may be proven with the ongoing head to head comparison but I would not bet on it.I don't work at a proton center so I'm not really that knowledgeable but remembering back to residency days, isn't there a slight RBE advantage? Also maybe they can dose escalate protons better, and extrapolating the brachy data suggests dose may be the real important aspect of controlling these more aggressive cancers....