Health Tech Investment Act ensures appropriate Medicare payment for algorithm-based healthcare services.

The Health Tech Investment Act amends title XVIII of the Social Security Act to ensure appropriate payment of certain algorithm-based healthcare services under the Medicare program. It mandates the Secretary of Health and Human Services to assign these services to a new technology ambulatory payment classification. The bill also adjusts the application process and criteria for this classification to include algorithm-based healthcare services that meet eligibility requirements and are distinct from other services.

Health Tech Investment Act ensures appropriate Medicare payment for algorithm-based healthcare services.

The Health Tech Investment Act amends title XVIII of the Social Security Act to ensure appropriate payment of certain algorithm-based healthcare services under the Medicare program. It mandates the Secretary of Health and Human Services to assign these services to a new technology ambulatory payment classification. The bill also adjusts the application process and criteria for this classification to include algorithm-based healthcare services that meet eligibility requirements and are distinct from other services.