Filing Alert: Emory Proton Therapy Center Chapter 11
Emory Proton Therapy Center Files Chapter 11 in Northern District of Georgia
Update (Jan. 22, 2026): A comprehensive case summary is now available for the Chapter 11 bankruptcy filing of Georgia ProtonCare Center Inc.
Georgia ProtonCare Center Inc. (dba Emory Proton Therapy Center), an Atlanta, GA-based owner of a proton therapy cancer treatment center, filed for Chapter 11 protection on Jan. 22 in the U.S. Bankruptcy Court for the Northern District of Georgia.
The debtor attributes the filing to insufficient reimbursement rates from Medicare, Medicaid, and commercial insurers, which failed to cover debt service on municipal bond obligations issued in 2017 that have grown to approximately $550 million with accrued interest.
The filing aims to facilitate a pre-negotiated sale of substantially all assets to Emory University, by and on behalf of Emory University Hospital of Midtown, which has served as the facility's clinical manager since inception. Emory University will serve as the stalking horse bidder pursuant to an asset purchase agreement negotiated prepetition.
Georgia ProtonCare Center Inc. reports $100 million to $500 million in assets and $500 million to $1 billion in liabilities. The filing indicates that there will be funds available for distribution to unsecured creditors. The case number is 26-50882.
Top Unsecured Claims
Key Parties
Counsel:
- David E. Gordon
Polsinelli PC
Email: [email protected]
Financial Advisor / CRO:
- BDO Consulting Group, LLC (Darryl Myers)
Investment Banker:
- GBH SOLIC Holdco, LLC
Claims Agent:
Equity Security Holders:
- Provident Resources Group Inc. – 100% Equity Interest
Bondoro Insights is continuing to monitor this case and will provide further coverage as appropriate.
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