Word: comptons
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CONSUMERS AND INVESTORS OFTEN get nervous stomachs when they hear talk of synergy, that snaggle-toothed harbinger of bad mergers. So Aetna Life & Casualty Co. chairman Ronald Compton was administering verbal sedatives last week when he talked about the proposed merger between Aetna and U.S. Healthcare Inc. that will create the country's largest medical-benefits corporation. "The two companies are in fact complementary," said Compton. "They are yin and yang...
...remaining big players, with their enlarged networks, will have the clout to force doctors and hospitals to hold down medical costs, which will stabilize premiums for individual and corporate customers. "We're the only mature industrial society on the face of the earth that doesn't like big," says Compton. "Which would you rather have? [A few] real efficient giants competing with one another, or 30 or 40 companies that don't have that scale...
...managed care, where consumers must choose from a company-approved network of doctors, who agree to fixed charges for most services. Or consumers can join health-maintenance organizations, which directly employ doctors and nurses. "We are going into the managed-care business because that's what people want," says Compton. "A recent study said 71% of all American employees are now covered by one form of managed care or another...
While Thompkins was hitting from long range in Providence, Cornell marksman Alex Compton was equally unconscious at Yale. After an off-night last Friday in Cornell's 79-75 loss at Brown, Compton came back on Saturday and tied the Ivy League record for treys in a game with nine. The Co-Player of the Week scored a career-high 38 points and led the Big Red (9-14, 5-7) to 71-65 victory over the struggling squad from New Haven...
Elsewhere in the league, Cornell (2-4, 6-11) is reeling after back-to-back losses to Penn and Princeton. The Big Red, despite sparkling individual performances by forward Eddie Samuel (25 points, 13 rebounds against Penn) and guard Alex Compton (21 points against Princeton), dropped its third game in its last four outings...