| Show 1 Me Sail Lake Money sccreboard loan-to-val- th th 1—Mortgages - Date a 30-ye-ar ARM 15-ye- ar This week 572 Last week Last year 567 599 502 499 538 365 368 430 r Others Car 715 715 790 Personal Credit 1385 1385 1346 Average has changed from a fixed rate card to a variable rate card irrin eem ater Bank deposit yields ling Date 1- - MMDA ar 048 049 077 This week ure Last week Last year 093 093 124 Oa 181 306 182 308 201 311 mutual funds open to et annualized yields This week Fund (ranked by size) Fidelity Cash Reserves Schwab Money Market Fund Vanguard Prime MMFRetail Schwab Value Advantage MEIv Centennial Money Market Trust Morgan Stanley Active Assets MT Morgan Stanley Liquid Asset Fund Smith Barney Cash PortClass A ted the ors -- y 078 038 076 068 049 068 054 056Do 048 083 016°e 057 UBS RMA Money Market Portfolio Vanguard Admiral Treasury MMF Alliance Capital Reserves - Merrill Lynch CMA Money Fund 069øo 085 069 054 056 048 066 054 062°e 047 092 083 017 060 073 066 016ø0 056 037 052 Tax-fre- e 04160 041 038 035co and alantNNet Int E1 hospitals estimates range from 5000 to 98000 a year "We think it will help to make hospitals more conscious — and the physicians practicing in those hospitnis — of the kinds of things they should be doing" said Stuart Guterman director of the office of research development and information at the Centers for Medicare and Medicaid Services (CMS) which runs Medicare 'We think that will cut down on a lot of avoidable adverse outcomes It's the first step" But not everyone sees it that way Gordon Crabtree chief fmancial officer of the University of Utah Hospitals and Clinics views the 04 percent as a penalty "My initial reaction to a penalty is this is probably the reverse way to do business But I guess that's the process they chose to use" Crabtree said Greg Poulsen vice president of Intermountain Health Care (IHC) which owns 19 big-stoc- 039 079 051 Yitvew tiOnai v14 1 price-to-boo- Serviir against other hospitals of comparable size" The information will be posted on the CMS Web site hospitals in Utah said Ric is pleased to provide data "We probably look at it as the glass is half full because it's data we already collect and it's data we're proud of" Poulsen said "It will not be a negative for us We are happy to participate" CMS has asked hospitals to voluntarily provide data before the deadline in October so they are prepared before the penalties begin Healthcare MountainStar which operates six Utah hospitals — including St Mark's in Salt Lake County — already has begun voluntary reporting "We have submitted our data and we will continue to do so" said Deb Reiner MountainStar spokeswoman "It's good not just for the public reporting aspect but it provides a basis for hospitals to look at their own data and improve their care" CMS will ask hospitals to collect data on heart attack heart failure and pneumonia The government will probably increase the list of conditions if the program is successful "Obviously you don't want to lose any income so you're going to want to submit the data" said Jill Vicory spokeswoman for the Utah Hospital Association "We hope to get every hospital that is eligible to participate because we know if you don't do it you'll lose money It's a good thing for consumers and for hospitals to be able to benchmark turns ment of Health and Human Services when he announced the trial program last summer Last fall CMS launched a demonstration in which hospitals received bonuses based on quality measures for inpatients with the following conditions: heart attack heart failure coronary artery-bypas- s pneumonia graft and hip and knee replacements The measures include prescription of aspirin for heart attack and timely administration of antibiotics for pneumonia patients both widely accepted as improving outcomes Hospitals are scored on the quality measures related to each condition Hospitals in the top 10 percent for a given condition will get a 2 percent bonus on their Medicare payments hospitals in the second 10 percent will get a 1 percent bonus: and hospitals in the remainder of the top 50 percent will receive recognition for quality but no bonus About 300 hospitals — none of Utah's 53 hospitals — are participating in that three-yea- r The program demonstration may eventually be expanded nationwide "There is no more pressing concern for the American health care system than improving the quality of care we provide Improving quality of care not only enhances patients' lives it saves — -- Call (11 ecurriera Bloom bet-An- 111S14"ad 2001 and 200 clans will soo Ihoir 11Imburse 5 perreni over MOMS rise by thy next two years 1 (amnion a sltrihrom 0— -- : 1 3 - Es 4 rot Cher Currier is a Bloomfrrm annlist The new Medicare law also gives physicians increased reimbursement S Originally Medicare called for reducing payments 10 doctors by 451mq-cen- t in lives" said Tommy Thompson the secretary of the US Depart- (http:wwwcmsgov) 11111t1S "On the Illart2i1114cir and grof NI are much a part of the market" e might add 1101ito1 ('()fl(1l(1 S Ind they are the big reason why so many inmarlo re vestors wind up with less-tha- h 053 iantoett g k 081 067 035 052 Continued from 6 078 038 076 068 0670 conflicted over new law 6 ago 0721)o Utah hospitals 6 6 mos 071 Sourem hanktrdtrom 3 Last week SSgA Money Market Fund Cl Wells Fargo Cash Investment MMF Nations Cash ReservesDaily Avg taxable money fund funds style of investing can draw their own conclusions from this exercise For me it carries a striking message about the INTHS of chasing rethat is buying the cent perfonnance best at any given looks that fund of type moment because it has been doing well It's a bit like acquiring a farm field shown over time to be no more fertile than its neighboring plots right after it has just produced a rich nutrientdeplet ing crop Performance-chasinwas as apparent as ever among fund investors in 2o03 "Cash flows into bond funds were incred ihle at the 1)(12'11110w of the year when bond returns Were outpacing stock returns for the fourth year running" says leffrey Mg)litor principal and director of Portbdio review at the Vanguard Group -and 1nI4 Test Once you hit mid-Junrates started going up cash started flowing into the ncw market loaders cap stocks growth stocks and interim- s'"frdowqr biggest money funds Here are the 15 biggest money-markindividuals with their current seven-da- 5): Bad timing: Readers who lean toward a long-ten- 4 114 114 144 Money Market Deposit Accounts Yields W - Bank Rate Monitor's weekly survey of the 10 largest banks and S&Ls in the 10 largest metro areas lave and the value index 89 percent That puts them both very close to the small and big sti)ch indexes we looked at in our first comparison All four round off to 9 percent a year the traditional mean toward which modern stock returns are often said to regress lowed at irregular intervals by periods of hich is the better illVeStMent — "underperformance- as they say in the big stocks or small stocks? Racy trade growth or staid value stocks? If we move the start of our Russell inInvestors used to love arguing such dex comparison back a few years Nye bear market questions before the 2000-0watch the small stock advantage shrivel took the fun out of the game Now that to nothing stocks are hot again maybe the debates Over the eight years since 1995 we will resume as before find the Russell 20(0 with an annualized Or maybe they wont if enough people are struck by the lessons gain of 88 percent and the Russell 1000 at an almost the past several years have identical 92 percent See to teach about category 711 the lines on the chart con-distinctions in stocks -- (:1 7and how hard it can be to --'verge :— P Over the past 20 years choose productively 10 big stocks beat small 99 among them — it ' '''' At any given time one percent a year to 83 per ' Over the last 25 years cent ahead of group may surge index wins the small-stocthe pack stirring up a 11 percent to 103 percent great clamor Lately that No pattern and not role has been filled by CIIET CIURRIER much to choose between small stocks which have MUTUAL FUNDS the two The thought dawns trounced big stocks over that whatever extra promise small comthe past three years From the end of 2000 to the end of 2003 panies hold might already be priced into small-stoctheir stocks whenever you or I are ready to the according Bloomberg to buy them Russell 2000 Index averaged a 63 percent Russell annual gain while the 1000 Index lost 37 percent a year Growth and value: If this is true in big Whenever you see such performance stocks x'ersus small what about growth versus value? In the past thrce years the disparities explanations are sure to follow Small stocks inherently offer greater Standard & Poor's Barra Value Index made up of stocks with low growth opportunities than their bigger rivals which are constrained by their very ratios has been the place to be relasize tively speaking Small stocks are far more numerous loss It shows a 27 percent-a-yeaand less picked over by analysts and decline a annual for 57 percent against the S&P Barra Growth Index comprising money managers looking for undiscovmultiered promise Makes plenty of sense to stocks with higher me a longtime believer in emerging-growtples Wouldn't you know as we stretch the investing chart out4 the difference vanishes here On again off again: Alas vogues for too Over the past eight years the growth index had an annual return of 91 percent small stocks tend to be preceded and fol 2 card 1448 1448 1447 I:7 Filmian 114)01 Stint Why small stocks might lose their edge Consumer loan rates Bank Rate Monitor's survey of the 10 largest banks and S&Ls in the 10 largest metro areas Mortgages are conventional loans at 80 percent Car loans are tor 20 percent down new car Personal loans are for $3000 unsecured loan BUSLMSS Trilme - 1 1 33 074 4124 I- el i I 44 34 t k l ':1 I kt::-- $ 6 4111 — fi — I ll" irNO amp Ef ' - '1611'' '- - - ' ink I 3 V - Po 4 4 - - Ito 4 - -11r- -"- y077- - - - - --7- - ' ' : 4 ' ' "1 4 4 4 1- - 3- - r--- - - 4 N -- or 1 - - k 0- : 1 33- P I 110- 1 1" "t C-1-1 - h11H1- iii 4 1 410-- 0- k ' 4441-L1-6 --- 1 - I 415- - a-4- 0 -- '- 1 0 1 ! 4 wit ':'0t L" ittroyj :0 - 1 -- i P P I 11): to 01 r- - I ft' Hilt 4 f 11 4 4111qcN000'0:' s 41 03 b-- "4'7' irk glgt l' tt '''' ir 1 ''rli ? kiT17ylittli--0'- a1k104 -- 0 - 1 ''' 0 NA - 0 1 IV 1 - - 6AI 44 a tree --r 4- 'IN ---- '' open a free 4ksc - checking account view statements onhnes : -- - 4Z 44' r3‘' -- - - ': ' ': '''''' 1'4 ' tess mail - - t - less paper 's clutter - - tree tt U S 1 Ai 1 you back Expect more from a We:ls Fargo Free Checking Account Visit a store call 1800WFBOPEN I welislargacom Mir AIM :àM111MS F - C2004 Wo Ils rargo banks All nght rekervod MAvihers FDIC I |
