Small Shops Beware
Why do I get the feeling that eventually, the very members of Congress who voted for this delay will be pounding the table demanding to know what HHS is going to do about this newest healthcare crisis, a crisis of their own making that failed to get a single mention on the floor of the House or the Senate, or in the President's statement upon signing?
My final thought this week comes from author Michael Lewis, who has written a book about high frequency trading in the financial markets. Jon Stewart interviewed Lewis about questionable, tech-powered high-speed trading on Wall Street last week. "Larger firms dine off regulation," Lewis noted.
My fear for healthcare is that the extended hurricane season that is now ICD-10 will be only the latest of many threats to community hospitals and small practices. Only the large firms, which have the deepest pockets and the most resources, and are most agile at adapting to changing deadlines, are likely to survive this continued onslaught. Meanwhile, CMS still has a Web site to update.