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March 2, 2002  
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Today’s headlines
Verizon sells americast operations in Pinellas
The deal, which includes a California franchise, shifts 59,000 bay area customers to a Pennsylvania company.

Tampa takes note on how to rebuild its downtown
Class is in session, and in a twist, St. Petersburg is giving its neighbor style lessons.

Stocks leap at week's good news
Reports that the economy may be heating up faster than had been expected cap a week of positive reports.

Where did the jobs go?
The bay area was thought to be one of the nation's hottest markets. So how did it lose 7,400 jobs in two months?

Vitality CEO quits, seeks new post
Turnaround specialist Bob Peiser says he's looking for new challenges.

Business digest
MEDICARE HMO RATES REVEALED: The federal agency that administers Medicare published its rates Friday for Medicare HMO reimbursements in 2003. The new pay schedule reflects a 2 percent increase over this year's rates. HMOs in Pinellas County, for instance, will receive $571.17 per member per month next year; in Pasco County, $613.45; Hillsborough, $564.10; and Hernando, $581.55. Citrus County has no Medicare HMOs. The American Association of Health Plans, which represents HMOs, immediately criticized the new rate schedule as being inadequate to meet rising health care costs.




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