Currently, staking $USCe with about $800 in $PTP, but with a rather underwhelming boost (37%) to an existing 12% base ARP, so got to thinking about the different scenarios that could negatively impact what is already a rather risky play, when there are far less risky stablecoin staking plays on $UST:
What ultimately impacts the APR %?
What are the potential positive or negative contributors to the APR%?
Newest Edit one month later: Finance fixed it so we will be getting overall a 7% increase in pay instead of 3% (or more) decrease in pay. This includes all MDs/DOs, PAs, & NPs.
Edit: I spoke with a few people in leadership today. So they will be implementing the 2021 RVU values in 2022. They kept the RVU values the same but kept 2020 conversion factor for 2021 as 2021 was more of a “transition year”. So even with the conversion factor decreasing 17%, since RVU amounts will be increasing 30% (0.97 to 1.3 for 99213 for example), we will still make slightly more money. This wasn’t made clear in their previous emails.
Is anyone else experiencing this? The conversion factor is dropping about $7 for APCs ($33/RVU to $26/RVU) and $10 for physicians ($57/RVU to $47/RVU). We had a particularly busy year last year October 2020-Sept 2021. I did almost 9200 RVUs in CY21. We were down one full time provider and had multiple days where I saw 35-45 patients in a day. My RVUs increased 19% compared to the previous year. I work for an urgent care that is owned by a non-profit hospital in the PNW (not Kaiser). The productivity conversion factor decreases are for about 95% of the providers on the chart we received. They say it is based on benchmark data from MGMA and Sullivan Cotter. However, the conversion factor is decreasing by 17%. We will not be getting any inflation increases or anything to compensate for this change. Our RVUs have come down with recent CMS guidelines and other factors. In July & August my RVUs were 700 monthly, in Sept/Oct they were 550 monthly.
I am the section lead for my team of 6. However, there are about 97 other providers that will be negatively effected by this change in my network alone. I have reached out to finance and various leaders higher up the chain but I am obviously very concerned. If I do not get useful information from finance and our CMO, then I will reach out to the 97 other providers that will be getting pay-cuts. I spoke with our previous medical director (who works at a different company) who said they were able to prevent the change from happening at their group, due to high burnout, high attrition rates and current volatility.
If anyone has any helpful information about halting the change or anything else related to this situation, please share.
TL;DR Our conversion factor is decreasing 17% but RVUs will increase 30% for 2022. So it turns out my pay will basically stay the same, not decrease 17% as I previously
... keep reading on reddit ➡
I observe a strange problem when working with the Fama-French datsets published on Kenneth French website.
The Datasets compute different portfolios using price data at the beginning of t (Opening price). One of them is the excess return on the market, value-weight return of all CRSP firms incorporated in the US and listed on the NYSE, AMEX, or NASDAQ. For the risk-free rate, the one-month Treasury bill rate is used.
Firstly, I use the "Fama/French 5 Factors (2x3) [Daily] dataset". I merge it with a dataset composed of the opening stock prices of different companies obtained from Refinitiv Eikon Datastream (RED). I compute the monthly excess return (ER) of each stock. Furthermore, I use the one-month Treasury bill rate to compute the excess returns, provided by the Fama-French dataset. Then regress each company's time series of excess return on the Fama-French factors. Mainly for now, I want to focus on the CAPM, thus on the market excess return (mktrf).
Hence, regress: ER on mktrf.
For this regression, I obtain significant results for the market excess return on the 1% level. I can mostly reject the existence of a constant. That aligns very well with the CAPM theorie. Moreover, plotting the ER and the mktrf I can see the positive correlation. Plotting companies ER and ß with a linear fit, I can observe the Security Market Line (SML) too.
The problem: Secondly, I use the "Fama/French 5 Factors (2x3) dataset". This contains monthly and yearly factors. I clear the dataset for monthly data only. Then, I merge it again with opening stock prices of different companies from RED. Similarily, I compute the ER. Again, I regress each company's time series of excess return on the Fama-French factors. Focusing on the CAPM I run the regression:
Regress: ER on mktrf.
For this regression, I obtain no significant results for the market excess return. However, I cannot reject the existence of a constant, it rather is signifiacnt and takes a value close to 1. That aligns not at all with the CAPM theorie and honestly leaves me clueless. Plotting the ER and the mktrf I can see no correlation at all, aswell as no SML when including a linear fit in the ER and ß plot.
I checked the company's prices. They are correct. I controlled how I computed the returns. They are correct, too. I downloaded the Fama-French factors multiple times, and they do not change.
Can someone explain
... keep reading on reddit ➡I am in my early 30s at a job I could see myself retiring from. This job has a great, well-funded pension. It also has a very simple formula to calculate your benefit. If I stay put and retire at 55, which is my plan, I expect my benefit to be around $40k/yr.
My first question is being 20 years away, should I consider this as part of my RE plan?
If I can plan for this on the coast fire calculators should I just subtract this amount from my expected retirement expenses. I.e. I need 100k/year I put in the calculator that I only need $60k?
With the Rank reset I feel maybe riot could factor Ping into the matchmaking algorithm or something because it just feels like for a good amount of time there are games where the majority of players are on say 30-50 ping and then there are a few players who are on say 5-15 ping and that leads to them just winning most of their duels and its frustrating and for the problem of high elos already having a huge waiting time maybe they could have a toggle for on/off however,it's all my 2 cents and maybe it's just me having bad luck so what do you guys think?
)