Word: standardized
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...limited-edition Meisterstück Solitaire Royal, is decorated with 4,810 pavé diamonds (the metric height of Mont Blanc). A version of that pen entered the 1994 Guinness Book of Records as the most expensive fountain pen in the world. For more modest fans like Ernest Hemingway, however, the standard Montblanc model served the purpose well enough...
...like cardiac surgery. The specialty competitors deny that they are the problem. Quite the opposite. "We raise the bar for the community," says Ed French, CEO of MedCath, which runs 12 specialty hospitals. "Everybody invests in more equipment and focuses more on nursing care because we set the competitive standard...
...researchers led by Paul Ginsburg at the Center for Studying Health System Change (HSC) in Washington find that this standard is fueling a de facto medical arms race, a competition that, perversely, increases health-care costs. Competition is not supposed to do that, but in the topsy-turvy U.S. health economy, excess supply often induces demand...
...technology isn't cheap: installing the ClimateWell system costs roughly $25,000 in Spain, $10,000 more than standard combined heating and cooling systems. But going solar would slice $130 off the monthly energy bill of a standard home, says Per Olofsson, CEO of ClimateWell. And with electricity and gas prices rocketing, users would be "much less vulnerable to fluctuations in the future." Moreover, without leaning heavily on traditional sources of fuel (the pumps forcing the salt and water around the machine are electric but use only 100 watts), the average home could reduce carbon dioxide output by 13 tons...
...Earlier this semester, Fox repeatedly approached the board requesting information about the budget and finances of the paper. Given that access to financial information is a standard operating procedure for nearly all of our nation’s college papers—independent or not—this move denies USC’s student journalists a holistic view of an industry that is facing major changes. Although the administration has commissioned a task force to investigate Fox’s proposals, its reticence toward financial transparency creates an appearance of impropriety and leaves open questions as to whether...