The program officially started today, with all the competing and conflicting flavors of a bitter sweet chocolate. Despite a last minute lobbying effort – and one missing vote, at least 3 failed lawsuits – the program started.
“Industry” is saying that there is still a chance it will be reversed (temporarily) however that’s a long shot.
I used quotes when using the word “industry” because – industry was late to the party in presenting a united front and in the later stages “industry” unraveled somewhat when companies awarded contracts protested about delays to implementing the program, as well as arguments over higher and lower spec products being included (see Scooter Store) etc. The approach was also somewhat un-imaginative with the usual “lots of companies will go out of business, we provide services that cannot be obtained elsewhere etc.. to which the opposition cried the free market ethic, “If you cannot compete you deserve to go out of business”… and so on.
The main issue of course was an industry that did not recognize the seriousness of needing to provide cost savings to one of their biggest customers – namely Medicare.
There is no doubt in my mind that serious companies have been making contingency plans for this eventuality, and it is these that will ultimately win, as they had the vision to succeed – no matter what.
For all others, with all sincerity – go read “Who moved My Cheese“.
(You may be interested in our take on the NYT post a few days ago.
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