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Carter planned to stop rising hospital costs by slapping a 9 per cent ceiling on revenue increases and major capital expenditures, enforcing the regulations with the clout of Medicare and Medicaid, the source of more than half the hospital industry's revenues. Backed by blustering Joe Califano, secretary of HEW, Carter pushed the bill on a reluctant Congress in April 1977. Since then, committee after subcommittee responded to heavy pressure from the medical lobby and near-total silence from public interest groups, dismembering the original bill...
...industry several months to voluntarily limit inflation, and imposes mandatory controls only if that effort fails. The mandatory program exempts states that have their own cost containment programs, as well as new or rural hospitals, health maintenance organizations, and other facilities that can claim special conditions. About 55 per cent of all hospitals would thus elude these mandatory controls...
Hampshire will sell stocks totalling $34,000 in General Electric, FMC Corporation and Ingersoll Rand, the three corporations with interests in South Africa which Hampshire invests in. This represents roughly ten per cent of its total stock holdings, Adelle S. Simmons, president of Hampshire College, said yesterday...
Saturday's win marked a distinct contrast with the Crimson loss to Towson State University of Maryland Friday night in the semifinals. In that game, Harvard shot a woeful 27 per cent from the floor and added 23 turnovers...
Glee Club executives estimate they accept about 15 per cent of the nearly 200 men who audition for the group every September. "Based on the rating the conductor gives the people that are trying out, the executive committee provisionally accepts a certain number of people from this audition pool," Wheadon said. The club then conducts a series of rehearsals and holds quartet trials, where candidates sing with old club members. Based on the second rating by the conductor, the executive committee makes final decisions on the choral hopefuls...