Technology
e-Newsletter
Intelligence Unit Special Reports Special Events Subscribe Sponsored Departments Follow Us

Twitter Facebook LinkedIn RSS

CMS Silence on ICD-10 Holds Healthcare Hostage

Scott Mace, for HealthLeaders Media, April 8, 2014

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.


Scott Mace is senior technology editor at HealthLeaders Media.
Twitter
1 | 2 | 3 | 4 | 5

Comments are moderated. Please be patient.

1 comments on "CMS Silence on ICD-10 Holds Healthcare Hostage"


Frank Poggio (4/8/2014 at 5:49 PM)
Developing and implementing systems such as ICD10 require structure and predictability. Politics requires neither. If our politicians had to do real work for a living instead of just jabbering and please their biggest lobby things would get done much faster and better. And as for that snide remark from Dr. M about no more perfect storm analogy, now its a perfect tsunami! If he's so smart he should have stayed in CMS and not run for the door when things started getting rough.