SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Elroy Jetson who wrote (25980)3/19/2005 10:02:24 AM
From: mishedlo  Read Replies (1) | Respond to of 116555
 
from Polymermom on the FOOL who started the initial post then I added my reply as you saw earlier. The following from PM.....

The one hospital "chain" - Barnes Hospital - uses doctors from the Washington Univ Med School almost exclusively because they are a teaching hospital affiliated with the Med School. They provide up-to-date, leading-edge, care and will be excluded from the program in the future.

This is a serious downgrading of available care.

GM's trying to cut costs and will deprive others, like me and my family, because they have the numbers to ask for it. A smaller hospital group has already dropped United coverage.

My take is that this is a shot across the bow for other markets. This isn't small potatoes - around 900k people are enrolled in various UnitedHealthcare programs through their companies in the area.



To: Elroy Jetson who wrote (25980)3/19/2005 10:05:40 AM
From: mishedlo  Respond to of 116555
 
Mortgage lending fell sharply during February, banks and building societies said yesterday, the latest evidence that the housing market slowdown is continuing.

The Council of Mortgage Lenders (CML) said lending in February totalled £17.2bn, fractionally below January's figure of £17.3bn, but 18 per cent down on the same month last year.

Just 39 per cent of February's loans were for house purchases, the lowest proportion since May 2003, with lenders increasingly forced to rely on the remortgage business.
------
Naturally the CML oredicts house prices will rise 4% this year.

In depth article at: news.independent.co.uk



To: Elroy Jetson who wrote (25980)3/19/2005 1:28:14 PM
From: ild  Read Replies (2) | Respond to of 116555
 
I think it makes sense to stress that Cedars-Sinai hospital is a nonprofit organization which was built in great part on donations, so I guess, its cost structure doesn't allow for a profit or for repayment of a significant debt.
OTOH doctor's charges are exorbitant. They charge $200-$300 for a 5 minute visit. Plus huge amount of cash is spent on insurances and lawyers.