Proton center may have ‘turned a corner’

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

The Midwest Proton Radiotherapy Institute, which has been a money-loser since opening in 2004, expects to turn a $1.5 million profit in the coming fiscal year, according to The Herald-Times of Bloomington.

The Bloomington center, co-owned by Clarian Health and Indiana University, is attracting more patients and getting better reimbursement from the federal Medicare program.

IU’s Simon Cancer Center in Indianapolis is taking over administration of the center. IU and Clarian officials hope the closer connection to Indianapolis will add five to 10 patients per day to the current level of 45 a day.

The center is one of only five proton therapy centers in the nation. It accelerates protons into a beam of radiation that stops the ability of cancerous cells to spread. X-ray therapy does the same thing, but proton therapy can deliver high doses of radiation more precisely, minimizing exposure to healthy tissues and organs.

Low reimbursement rates set by a state Medicare representative working as a consultant through through Indianapolis-based Anthem Blue Cross and Blue Shield have hurt the center. Free-standing proton centers in Texas and Florida receive reimbursement rates 30 percent to 35 percent higher than in Indiana.

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In