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Friday, June 16, 2017

A Viewer Writes: 21st Century Oncology Files Bankruptcy


Joe, Just to let you know that 21st Century Oncology has filed for Chapter 11 Bankruptcy. They have centers in Salisbury and Berlin.

11 comments:

  1. obamacare don't want to pay for treatment.

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  2. well, they helped save my life from stage 4 cancer in 2010 so its sad to see this.

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  3. I had to look up who they are and there are many articles about fraud and abuse. No wonder they are out of business. Then I read that was the company AGH was going to hook their wagon to for their cancer center.

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  4. For what treatment costs, IMO it is simply mis-management.

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  5. Several week ago there was a contractor replacing what appeared to be an HVAC unit on the roof of their Sailsbury location.

    When I drove by there yesterday just before 3:00 PM the parking lot was empty.

    Sand Box John

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  6. Businesses are on a death spiral down and not sure what the future will bring.

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  7. I Threw Up My Lemonade When I Saw This On Your Blog!June 16, 2017 at 11:29 AM

    Not surprising. Obamacare hasn't been remitting like they should and many medical facilities have had the same fate. How's that Affordable Healthcare working out for you all now?

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  8. It's been in the paper recently that the Salisbury office was closing.

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  9. This nothing more than a scam, I've worked at both , the average treatment of about 2 minutes cost approx. $1,800.00 , we were treating well over 45 patients daily at the Salisbury facility. Do the math 1800x45 = $81,000 a day.
    81,000x265=$21,600,000.00 , you tell me . Someone is getting away with a pretty penny , all democrats . Dr. Scott Edwards did the same at the oncology center across the street.

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    Replies
    1. You forgot to deduct business operating costs. Medicine isn't cheap, insurances, employee salary, rent/mortgage, utilities, office expenses lime supplies computers, treatment equipment, people or insurance companies not paying their bills. That $21.6 million gets eaten up quick.

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  10. 1251 staggering numbers here. Atrocious. There should be no excuse for them not making money. None. This is what happens when government noses their snouts where they don't belong. This is a prime example. Prime! It becomes about cash instead of healthcare quality.

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