As we reflect on another year of progress, I am inspired by the life-improving actions we’ve taken together. Our shared commitment to creating better lives for everyone experiencing physical and behavioral health disorders has never been stronger. It has been particularly inspiring to support and focus more resources on addressing the unique challenges of high-need, high-cost individuals, an area of focus that will continue to grow in the coming years.
Throughout this year’s Annual Impact Report, we explore how best practices and innovative strategies are shaping healthcare’s future and making the most of these pivotal moments, particularly for behavioral healthcare integration. With a focus on improving behavioral health outcomes through new solutions and partnerships, we’re empowering life-improving action in pivotal moments for those facing both physical and behavioral health challenges. From closing critical care gaps through unique health plan and provider collaborations to driving millions in savings with real-time patient insights, this report highlights the latest evolutions in healthcare.
Improved Follow-Up Care Measures for Medicare Advantage
Lack of real-time data presents serious barriers to care coordination for patients after they leave the hospital.
Innovative collaboration between Humana, Privia Medical Group (PMG)–Georgia and Bamboo Health to bridge care gaps for patients enrolled in Medicare Advantage plans.
The collaborative team improved patient outcomes, reduced the risk of hospital readmissions, lowered the cost of care and improved CMS Star Ratings with Bamboo Health’s Care Gaps solution.
Increased visibility into patient whereabouts via Bamboo Health’s Pings platforms’ TRC & FMC flags over a 90-day period
improvement in FMC measures by Privia
of Pings alerts closed by Privia, resulting in timelier follow-up, better care coordination for patients/members and improved provider satisfaction
improvement in TRC measures by Privia
This innovative partnership was one of only 22 presentations selected for a Points of Light Award on May 14 at the 2024 K2 Collaborative Summit, a KLAS Research conference for health plans, providers and industry leaders.
DID YOU KNOW?
Bamboo Health’s CEO, Jeff Smith was named one of the Top 25 Healthcare Software Executives of 2024 by The Healthcare Technology Report.
How the Delaware Division of Substance Abuse and Mental Health (DSAMH) Identified Patients Across State Lines to Complete Care Journeys
Michelle Singletary-Twyman, DSAMH’s Division Director, shared:
“I would encourage every state to try and adopt something like this. It will help people. It will save lives, and I think people will be a lot more satisfied with their work, because you can actually do the work you came to do.”
Improving lives during pivotal care moments
In 2024, Black Book Research awarded Bamboo Health two awards for Highest Client Satisfaction and Best Care Collaboration Solution. Nominations were gathered from 2,500+ behavioral health professionals across physician practices, treatment centers, hospitals and specialized providers.
Several key healthcare organizations recently took steps toward improving whole-person care. Learn key tactics leading organizations are leveraging to address the healthcare industry’s most pressing challenges.
Missouri:
The State of Missouri and Bamboo Health partnered to deploy a comprehensive statewide prescription drug monitoring program (PDMP). The initiative is aimed at providing healthcare professionals with real-time PDMP data in their existing workflows, saving them valuable time and ensuring confidence when prescribing and dispensing controlled substances.
Prisma Health:
Prisma Health, South Carolina’s largest healthcare organization, extended their collaboration with Bamboo Health to deliver real-time patient intelligence across the healthcare delivery continuum.
WakeMed:
WakeMed, a nationally recognized 970-bed not-for-profit health care system founded and based in Raleigh, N.C., partnered with Bamboo Health to enhance care collaboration and further improve patient care outcomes.
Bamboo Health was selected as the 2024 “Best Care Orchestration Solution Provider” by MedTech Breakthrough, a leading market intelligence organization, out of over 4,000 nominations. Bamboo Health was awarded for its Crisis Management System, which connects 988 Lifeline call center professionals, mobile response teams and treatment providers to expedite access to quality care for individuals in need of behavioral health treatment.
Creating solutions that empower a better life for everyone experiencing physical and behavioral health disorders starts with healthy, engaged Bamboo team members.
Nishi Rawat, MD, Bamboo Health’s Chief Clinical Officer and founder of OpenBeds®, earned a spot on Becker’s Hospital Review’s Top Women in Health IT To Know for the third consecutive year.
We continued to strengthen our leadership team, welcoming new and promoted members who bring deep expertise to drive our mission of empowering life-improving actions for everyone. Learn more about the latest leadership appointments:
Bamboo Health was named to The Healthcare Technology Report’s Top 100 Healthcare Technology Companies.