I'm a little late to the discussion...
This is an elective case in a patient who has, in my opinion, a dangerously low potassium level. The number itself (2.7) and the presence of EKG abnormalities (U waves) are huge red flags.
Here are three different approaches to this case:
Academic Practice
Cancel the case. Tell the surgeon to take the patient back to her PCP and make sure the PCP does the job right the next time.
Private Practice - cowboy approach
Do the case as is. Make sure you have a defibrillator and several good lawyers available should the case go awry.
Private Practice - passive/aggressive but rational approach
"Dr. Bonecutter, thank you very much for again blessing me and my partners with such a lucrative medicare hip on a sick patient. We would absolutely love to do this case, but we can't quite do it at this moment. You see, her potassium is very low and she has abnormalities on her EKG. I realize you sent her to the PCP, but those treat em' and street em' guys never really fixed the problem. I'll tell you what I'm going to do. Ms. 90 y/o hip is going to be admitted to the hospital and I'm going to have one of my crack hospitalists tune her up. In the mean time, we're going to send for your next patient and get he/she in the room ASAP. At the end of the day, if Ms. 90 y/o has a potassium above 3.0 and the U waves have improved/resolved, we'll do the case (unlikely). If not, we'll do it first thing in the morning (more likely)."