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Future of cancer treatment, or a pricey mistake?
Yahoo Finance

If you build it, will they pay? Plans to build a $235 million facility in New York City to treat cancer with proton-beam therapy are still proceeding-as are projects for new proton-beam centers around the country-even as some insurers balk at covering the pricier therapy for prostate cancers because of cost-versus-benefit concerns. But the New York Proton Center project, which is being backed by a consortium of five leading hospitals in the city, has yet to finalize financing for the Manhattan building, which would use proton-based radiation instead of more traditional treatments.