Word: keeps
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Dates: during 1970-1979
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...million. Unemployment is a tiny 1.2% of the working population. Says Economic Affairs Minister Chang Kwang-shih: "I sense that American businessmen think that some of the uncertainties have been removed and that the environment here is one that is conducive to investment. My main problem is to keep our economy from growing too fast. We are striving for growth with stability...
...urged to become direct distributors themselves, and they do so by recruiting, training and supervising new salespeople. Though the direct distributor is not paid for signing up these recruits, he does make additional money by selling Amway products at a slight mark up to the distributors under him. To keep sales expanding, the new distributors are then encouraged to sign up recruits of their...
Hospitals could keep a far sharper eye on costs. Says Duke University's William Anlyan: "You must have someone who is a rat and not a mouse on the hospital board?someone has to say no to a request for buying a $100,000 piece of equipment." If the Government and private insurers provided an incentive to hold down costs, the "rats" could force a much greater sharing of facilities. Detroit's Henry Ford Hospital, for example, provides computerized electrocardiogram analysis for seven other hospitals in Michigan. When a heart patient checks into Crystal Falls Community Hospital in the Upper...
...number of hospitals are already making efforts to keep a sharper eye on costs. At California's Long Beach Community Hospital, staff doctors meet at least four times a year for what they call "economic rounds," studying patients' bills to make sure they are not padded. At one such meeting a few weeks ago, a slide of a bill was projected on a screen. A tumor specialist quickly asked why the hospital had ordered two computerized blood tests when one?the cheaper one, at that?would have sufficed. In a very different cost-cutting program, New York University Medical Center...
...sharp eye on costs. But they do not. The Blue Cross movement, which affiliated with the American Hospital Association in 1937, has not rigorously questioned hospital bills until recently. Congress, when legislating Medicare and Medicaid, tacitly agreed to forget about cost controls as part of a bargain to keep the medical profession from opposing the program. Instead, one of the ways the Government reimburses hospitals for the care of Medicare-Medicaid patients is on a "cost plus" basis, and it asks few questions about the cost. Blue Shield and commercial insurers generally pay "usual, customary and reasonable" physicians' fees (U.C.R...