The profit of cancer treatment

Entrepreneurs are cashing in on oncology treatment and community hospitals are being squeezed:

Cancer treatment is one of the few bright spots on Dr. Dale Fell’s income statement. His nonprofit Mission Hospital in Asheville, N.C. loses money on its emergency room, its pediatric division and its care for indigents. But not on radiation used to zap tumors at a cost of up to $50,000 per patient. Oncologists send 1,700 patients a year to Fell’s hospital, one of two in western North Carolina with a radiation department.

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Tagged as: cancer, emergency, hospital, patient