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...more extensively a doctor or hospital treats a patient, the more income they recoup. That's why the American College of Physicians and others are calling for reform in health-care reimbursement, with the Federal Government and large insurance companies setting up "Patient Centered Medical Homes" in which a portion of doctors' pay will be linked to performance targets. As in Germany, these homes will target chronic diseases by allowing doctors, nurses, dietitians and therapists to educate all patients - especially chronic ones - on how to stay healthy. In 2007, Geisinger Health System began a pilot program in Pennsylvania, hiring nurses...

Author: /time Magazine | Title: Health Lessons from Europe | 6/1/2009 | See Source »

...reading SERVE THE PEOPLE, has been delayed four times by workers protesting over unpaid wages. The city's transportation department and the local Communist Party discipline office are investigating allegations that the company originally hired to dig the tunnel subcontracted the work to an unqualified firm while pocketing a portion of the funding. "There's always money and corruption involved," grumbles a farmer named Wang who lives nearby. Authorities haven't completed their investigations, but there's no denying the delays. A banner at the mouth of the tunnel announces a completion date of October 2008. "This project has been...

Author: /time Magazine | Title: China's New Deal: Modernizing the Middle Kingdom | 6/1/2009 | See Source »

Even if you're homeless, New York City wants that rent money. Under a newly enforced policy, working families that live in public shelters will have to turn over a portion of their earnings, in some cases as much as 50%, to cover costs. About 2,000 of the 9,000 families living in homeless shelters will be affected as the city grapples with a major budget crunch...

Author: /time Magazine | Title: The World | 5/25/2009 | See Source »

There is a small market in credit default swaps for U.S. debt. The fact that there is one at all should be troubling to the Treasury and the Fed. While the chances of American defaulting on any portion of its debt are small, if the recession drags on the odds that the government will have trouble raising money to finance the deficit will rise. To keep its credit rating, the American government will be faced with curtailing many of its stimulus programs or sharply raising the tax burden. Either action could slow any recovery making a burgeoning deficit a "Catch...

Author: /time Magazine | Title: U.K. Debt Moves Sovereign Borrowing Issue Closer To U.S. | 5/21/2009 | See Source »

...says Jean-Clément Texier, a media expert and founder of the Compagnie financière de communication consulting group in Paris. "Of course, readers initially react by saying it's a terrible move that breaks French tradition and deprives them of their paper. But since a huge portion of French dailies come in the morning mail - which doesn't operate on holidays - will anyone really miss getting those obsolete papers a day late...

Author: /time Magazine | Title: French Newspapers Cutting Back on Holidays | 5/21/2009 | See Source »

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