Word: percenting
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...York City hotel industry's unfortunate decision to keep building: "Occupancy tumbled roughly 15 percent from a year earlier in January, while average room rates fell 15 percent. While much of the weakness reflects softening demand, an industry contact notes that about half the decline in occupancy rates is due to new hotels opening; the total number of hotel rooms in Manhattan is expected to increase by roughly 7,000 (10%) in 2009, or more than triple the net increase...
...decreasing insurance reimbursements, are hiring computerized record/billing companies in droves. Their promise? To create electronic medical records that comply completely with coding requirements. This way the practice can bill more and improve its bottom line, even after paying the billing company for its services, which run 6 to 10 percent of gross. The insurers got computers so the doctors are getting them too. It's an arms race - though, unfortunately one in which good patient care is watching from the sidelines. (Read "The e-Health Revolution...
...Increased property taxes may be one source of funds to fill the revenue shortfall for 2010. Sixty percent of the city’s current revenue comes from property taxes. But the property tax rates in the city are well under the rates allowed by Massachusetts law, and leave ample room for increases...
...current draft of the school budget calls for an increase of 2.5 percent over the 2009 budget, which nevertheless represents significant cutbacks in school expenditures, due to increases in energy and personnel costs, Tauber said...
...would guess a fair majority of people in the country have filled out at least one bracket (to the percent that hasn’t: you haven’t lived yet). It’s a beautiful community thing for anyone to talk about. Hopefully, two weeks from now, when people want to start conversations they’ll ask “who is in your Final Four?” instead of “are you writing a thesis?” or “what are you doing next year...