AdvaMed Hosts Showcase on Capitol Hill, Urges Action on Reimbursement Pathway for AI-Enabled Medical Technology

WASHINGTON- This week,AdvaMed, the Medtech Association, hosted an Artificial Intelligence (AI) Demonstration Day event on Capitol Hill showcasing AI-enabled medical devices and technologies from leading health care companies. The event was honorarily co-hosted by Senators Martin Heinrich (D-NM) and Mike Rounds (R-SD), co-chairs of the Senate AI Caucus.

During the event, leading health care companies educated policymakers and staff about the value of AI to patient care and highlighted the need for the Centers for Medicare and Medicaid Services (CMS) to formalize a payment pathway for AI-enabled medical technology to ensure patient access is seamless.

"A clear Medicare reimbursement pathway is critical to realize the promise of FDA-cleared, AI-enabled clinical technology to improve patient care,"said Scott Whitaker, AdvaMed President and CEO."Because medtech is constantly evolving, giving clinicians enhanced options for patient diagnoses and treatments, it's important that reimbursement policies keep pace. AdvaMed applauds the Senate AI Caucus for its leadership and support of policies to expand patient access to AI-enabled medical technologies. We look forward to continuing to work with Congress and CMS to ensure that Medicare beneficiaries can benefit from remarkable, proven medical technology as soon as it is authorized and available, not years after the fact."

The event follows alettersent last month by Senate AI Caucus Chairs, Sens. Heinrich and Rounds, and also signed by U.S. Senators Marsha Blackburn (R-TN) and Todd Young (R-IN), which urged CMS to develop a formal payment pathway for AI-enabled medical devices.