To amend title XVIII of the Social Security Act to establish reporting and transparency requirements for data related to telehealth services under the Medicare program.

HR 10376, titled 'To amend title XVIII of the Social Security Act to establish reporting and transparency requirements for data related to telehealth services under the Medicare program,' was introduced in the House on September 14, 2026, by Rep. Walkinshaw (D-VA-11) and referred to the Committees on Energy and Commerce and Ways and Means. The bill is at the earliest legislative stage—no hearings, markups, or votes have occurred. Its primary mechanism is to mandate CMS to collect and publicly report data on telehealth utilization, costs, and quality metrics under Medicare. The bill does not alter telehealth coverage, payment rates, or provider eligibility; it only adds reporting obligations. Consequently, the direct economic impact on any company is minimal in the near term. The reporting requirements could, over time, influence future Medicare telehealth policy by providing data on utilization patterns and quality outcomes. Companies with significant telehealth operations—such as Teladoc Health ($TDOC), Amwell ($AMWL), and large health systems like HCA Healthcare ($HCA)—may see indirect benefits if the data supports expanded telehealth coverage in future legislation. However, no such expansion is included in this bill. The legislative path requires committee consideration in both Energy and Commerce and Ways and Means, followed by floor votes in the House and Senate, and presidential action. Given the early stage and lack of funding or regulatory changes, the bill's market impact is procedural and unlikely to move sector valuations. The affected sectors are Healthcare and Technology, but the causal chain is too weak to assign high-confidence tickers. The bill is a transparency measure, not a reimbursement or coverage change, so its direct consequence is limited to administrative reporting costs for CMS, not for private companies.