After years of gently prodding hospitals to make sure discharged patients do not need to return, the federal government is now using its financial muscle to discourage readmissions. Medicare last month began levying financial penalties against 2,217 hospitals it says have had too many readmissions. Of those hospitals, 307 will receive the maximum punishment, a 1 percent reduction in Medicare’s...
Nov
25
Rosenthal: Big Ten getting too big for its own good?
Label: Business There's a lesson the empire builders at Big Ten Conference headquarters in Park Ridge would do well to heed if they can be convinced to stop peering out to the distant horizon:Growth through acquisition is fraught with peril."In the business world you acquire new companies and you have to deal with different corporate cultures, different priorities...
4th quarter: Bears 28, Vikings 10
Label: World The Chicago Bears regained their swagger and halted their two-game losing streak by thumping the Minnesota Vikings 28-10 in...
Saudi telco regulator suspends Mobily prepaid sim sales
Label: Technology(Reuters) – Saudi Arabia‘s No.2 telecom operator Etihad Etisalat Co (Mobily) has been suspended from selling pre-paid sim cards by the industry regulator, the firm said in a statement to the kingdom’s bourse on Sunday.Mobily’s sales of pre-paid, or pay-as-you-go, sim cards will remain halted until the company “fully meets the prepaid service provisioning requirements,” the telco said in the statement.These...
Rolling Stones mark 50th year with London show
Label: LifestyleLONDON (AP) — The Rolling Stones are marking their 50th anniversary with a concert in London.The band says R&B singer Mary J. Blige and rock guitarist Jeff Beck will be joining them on stage Sunday at the O2 Arena. Most of the tickets for the gig had sold out within minutes.Mick Jagger, Keith Richards, Charlie Watts and Ronnie Wood will also be joined by former Stones members Bill Wyman and Mick...
M.I.T. Lab Hatches Ideas, and Companies, by the Dozens
Label: HealthHOW do you take particles in a test tube, or components in a tiny chip, and turn them into a $100 million company? Dr. Robert Langer, 64, knows how. Since the 1980s, his Langer Lab at the Massachusetts Institute of Technology has spun out companies whose products treat cancer, diabetes, heart disease and schizophrenia, among other diseases, and even thicken hair. The Langer Lab is...
Nov
24
Walmart protests draw crowds, shoppers largely unfazed
Label: Business Dozens of local workers, and hundreds nationally, took advantage of Black Friday crowds and camera crews at major retailers...
Flight attendant's husband left gun in bag, attorney says
Label: World An American Airlines flight attendant charged with trying to bring a gun onto an airplane at O'Hare International Airport didn't...
“Big Bang Theory” actress Mayim Bialik, husband divorcing
Label: LifestyleNEW YORK (Reuters) – “The Big Bang Theory” actress Mayim Bialik and her husband are divorcing after nine years of marriage, she said in a statement on her Facebook page.Bialik, who starred in the 1990s sitcom “Blossom,” and Michael Stone have two sons together.“Divorce is terribly sad, painful and incomprehensible for children,” Bialik, 36, said in the statement. “It is not something we have decided...
Nov
23
Chicago shopping frenzy gets early start
Label: BusinessAmbitious holiday shoppers skipped dessert on Thanksgiving to get a good spot in line for this Black Friday. (Posted Nov. 23rd, 2012) ...
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