FEATURE
The $2.7 Trillion Medical Bill
June 1, 2013 | New York Times
Deirdre Yapalater’s recent colonoscopy at a surgical center went smoothly: She was whisked from pre-op to an operating room where a gastroenterologist, assisted by an anesthesiologist and a nurse, performed the routine cancer screening procedure in less than an hour. The test, which found nothing worrisome, racked up what is likely her most expensive medical bill of the year: $6,385. “Could that be right?” said Ms. Yapalater, stunned by charges on the statement on her dining room table.
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NVCA: Venture Capital Finally Returned More Than It Took in 2012
May 29, 2013 | Xconomy
It’s no secret that venture capital has struggled since the dot-com implosion. The latest dispatch from the industry’s U.S. trade group, however, says there might be some promising signs of better performance. In a new report wrapping up the 2012 performance for VCs, the National Venture Capital Association says the broad industry finally returned to the black last year—“the first post-bubble year in which venture funds collectively distributed more cash to limited partners than they brought in,” association president Mark Heesen said in a statement.
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Houston Unstoppable: Why Texas' Is America's #1 Job Creator
May 29, 2013 | The Atlantic
Texas is killing it. It dominated the recession, crushed the recovery, and in a new analysis of jobs recovered since the downturn, its largest city stands apart as the most powerful job engine in the country -- by far.
Houston is blessed by topography and geography. But the city's recent success is really a masterclass in learning from history.
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