Not that he’s necessarily ready to retire, were all other things equal.
“I would practice into the sunset,” he said. “I would continue for another four or five years if I didn’t have to make the conversion.”
He thinks that the regulations will be easier to handle for a larger group of physicians, like those in the Medical Arts facility here in Somerset.
“They could probably do this, and most larger practices already have (electronic record keeping),” he said. “I can’t speak for them. I can only speak for the situation I’m in.”
That said, Kiteck expects the policies could hurt a number of smaller solo practices.
“For young solo practitioners just starting out, it’s easy for them. They’re starting from ground zero,” he said.
However, he’s not even sure that solo practitioners will exist in another 10 years before of all the expenses and the monthly fees required by the new rules.
“I just feel that most will be wary of going into practice by themselves,” he said. “They may want to join a group practice where (the systems) are already there. They can just walk in with their stethoscope and start practicing.”
Kiteck is giving his patients a list of other doctors in the area who may be able to help them before he closes for good on December 31. He believes they will be in good hands, even with less personal outfits than his own.
“I think patients will get taken care of very well,” he said. “The larger practices can afford to upgrade as the law requires.”