Current posture

What matters now

Georgia ProtonCare Center is in a post-sale wind-down: after selling substantially all assets to Emory University on June 30, it has asked to dismiss its Chapter 11 case, transfer remnant claims, make final disbursements, and dissolve; the dismissal motion was noticed for an August 6 hearing, with no disposition reflected in the supplied record. The June monthly operating report likewise records the completed sale and ongoing estate administration, rather than continuing operations, in its June 2026 Monthly Operating Report Dkt. 171. The nonprofit operator of an Atlanta proton-therapy center filed Chapter 11 on January 22, 2026 after treatment revenues proved insufficient to service its bond debt amid reimbursement pressure and cost inflation, while it pursued a going-concern sale intended to preserve patient care and maximize value, according to its first-day affidavit Dkt. 14. Its funded debt was approximately $450.2 million, comprising senior and subordinated bond principal. Early in the case, the court authorized budgeted use of operating cash collateral and adequate protection for UMB Bank as bond trustee under the final cash-collateral order Dkt. 85, providing the operating bridge while…

Updated Aug 10, 2026