Word: fitching
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...from the national millstone of health-care costs, Administration officials say almost a third of those savings could be achieved by targeting Miami and other warped medical markets like it. Miami's inordinate health-care outlay - 20% more than the national average - "is not a pretty picture," says Kate Fitch, a principal and health-care consultant for the Seattle-based Milliman Inc. consulting firm and a co-author of its Index. That's especially true since Miami-Dade County also has one of the country's lowest median incomes ($43,495). "If the [Miami] area's practice patterns continue...
...Fitch of Milliman notes, the most urgent prescription is to get payers and providers in cities like Miami "to be more penalized and incentivized" on the cost-savings front. Even if health-care plans stopped paying hospitals for unnecessary inpatient stays, others says, that kind of abuse still won't end if the plans don't also stop paying patients' doctors for visits during those stays - a major moneymaker for physicians. Those doctors should instead be motivated, financially or otherwise, by plans to focus more on preventive health-care treatments. Either way, when it comes to reforming health-care albatrosses...
...caught somewhere between Tennessee and the acting studio. Cleveland, her boyfriend, is the most American of young heroes—a rebel without a cause, a lost genius falling into the unstoppable maelstrom of his own reckless energy. Together Jane and Cleveland make for a sort of Abercrombie and Fitch representation of youth, their skin literally glowing under the soft gaze of cinematographer Michael Barrett’s lens. Their time together is predictable. After shifts at the Book Barn, where Art alternates between shelving books and sleeping with his conventionally unconventional supervisor, Phlox (Mena Suvari), he and the couple...
...Moody’s, like rival firms Standard & Poor’s (S&P) and Fitch, Inc., follows a “corporation-paid” model, in which the corporation issuing a security pays for Moody’s to rate that security. This creates a conflict of interest. Since rating agencies want to keep a steady flow of business, they have good reason to overrate securities and make their customers—the issuers—happy. Indeed, rating agencies in the past have given collaborative feedback to issuers to such an extent, some argue, that their ratings...
...enable analysis rather than be ends in themselves. Nonetheless, by 1970, when the firm switched to a “corporation-paid” model, Moody’s ratings had become decisive factors for investors. In fact, by 1970, ratings from Moody’s, S&P, and Fitch had become such an important part of bringing securities to market that Moody’s felt it necessary to capitalize on the “market access” their ratings provided by charging issuers. The SEC’s decision to classify Moody?...