Word: scrimping
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Like virtually every doctor in California, Dr. Schinke has seen his practice change rapidly. In 1990 he didn't have a single capitated contract with an HMO. Today capitation governs half his practice. So far, he says, he has not felt pressed to scrimp on care but is worried that managed care is eroding satisfaction with the process of medicine, especially among patients with complex and emotionally wrenching diseases such as cancer. The inability to get things done quickly can be "horrendous," he says. Recently he needed three or four weeks of effort--"I'm calling every few days...
...accounting for his actions, Hanselman added that he wanted to quell Harvard's reputation as the "Kremlin by the Charles." He clearly hasn't been reading his history books. When did the Soviet Union ever scrimp on he military? If Hanselman wanted to enhance possibilities for military service, perhaps he should have taken a cue from the Kremlin and proposed conscription...
...Home buyers who can still afford to shopthe average rate on 30-year fixed- rate mortgages has already climbed from 6.75% late last year to 9.2%, which helped cut housing starts 5.2% last monthare preparing to scrimp on other spending. Two weeks ago, Denver lawyer Patrick Plank and his wife Betsy took out a 9.5% fixed-rate mortgage with a low down payment that they are using to buy an $85,000 town house. "Any interest rate in single digits still looks good," Plank says. But the cost of the mortgage is forcing him to keep his 1987 Toyota instead...
...today's letter, the Dean will encourage faculty members to continue to scrimp on spending...
...over, and we're not hearing all that negative talk about the economy anymore. People also seem to feel relieved that we no longer have a gridlocked government." Unemployment, moreover, has improved slightly. And since families have been gradually whittling down their debts, they are feeling less pressure to scrimp as the holidays approach. Ladies and gentlemen, start your lists...