Word: fee
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Dates: during 2000-2009
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...that trading means more profit for Bartercard. The privately held company charges a one-time membership fee - $1,200 to $2,400, depending on the size of the business - and a 5.5% cash and 1% trade fee on each transaction. Sharpe is confident the firm will continue to expand even as the economy improves. "Companies will need to hire new staff and restart advertising and marketing campaigns which they pulled during the recession," he says. "Bartering frees up cash for that." It's a concept he obviously believes in: the firm uses its trade credits to pay the rent...
...where magicians, monsters, and mimes overtake the streets of Harvard Square in preparation for the subsequent “Monster Mash” block party, featuring games, contests, evening entertainment and maybe even some spooky surprises.Festivities start at 4 p.m., Saturday, October 31, Harvard Square, Brattle Street. No admission fee...
...health-care bills making their fitful way through Congress include whacks at fee-for-service too, mostly in the form of programs that introduce episode payments or set up what are known as accountable care organizations, community-based teams of doctors who collaborate on care. The programs would be tested first among Medicare patients, but what happens in Medicare - with its 45 million recipients - ultimately drives the industry. (See more about health care...
Finally, there's the matter of the doctors themselves. Physicians may want to get off the fee-for-service carousel, but salary-plus-incentives means that sometimes you won't meet your targets and your paycheck will dwindle. And some docs may chafe at being hitched to a team. One sweetener Dartmouth's Fisher recommends is forgiving some medical-school debts - an idea Obama endorsed at an Oct. 5 photo op with doctors, though in his plan, the break would be limited to those who agree to work in underserved or rural markets...
Overhauling fee-for-service may well make medicine less lucrative for some practitioners. But it would give others a new opportunity to practice medicine in an almost forgotten way: getting to know their patients and keeping them healthy so they can avoid a surgeon or a hospital. "It's a chance for a primary-care doctor to be a hero again," says Dr. Thomas Graf, chairman of Geisinger's community-practice team. That's not the stuff of AA bond ratings or billion-dollar revenue streams, but it just might be worth more than both...