Bamboo Health Wins Best Care Management Solution Provider in Annual MedTech Breakthrough Awards

Rising Risk solution is recognized for proactively identifying emerging risk patients

LOUISVILLE, Ky.--(BUSINESS WIRE)--Bamboo Health™, the leader in Real-Time Care Intelligence™, has been selected as the 2023 “Best Care Management Solution Provider” by MedTech Breakthrough, a leading market intelligence organization.

With more than 4,000 nominations in 2023 from across the globe, the MedTech Breakthrough Awards honor digital health and medical technology products, services and companies around the world that are disrupting the industry through innovation. Bamboo Health was awarded for its Rising Risk solution, which identifies emerging high-risk patients in real time that may be missed through traditional stratification models, helping organizations to identify, analyze and intervene to get patients the care they need when they need it most.

“Rising Risk helps identify patients most likely to benefit from the intervention of our care management teams, so we can focus our resources on patients that need support,” said Khadija Poitras-Rhea, assistant vice president of population health at UConn Health. “For instance, we had a patient identified by the solution who had not otherwise been on our nurse navigator’s radar but had visited the emergency department (ED) about 20 times in the last two months. We reached out and learned transportation challenges made it difficult to visit his primary care physician. We were able to help him overcome that barrier and not only reduce ED visits, but he feels like he has an ally and better tools to manage his healthcare.”

At a time when just five percent of patients account for almost half of all healthcare spending, Bamboo Health’s solution helps healthcare organizations quickly intervene with emerging high risk patients so they can receive the care they need.

Rising Risk’s innovative risk-scoring model leverages the company’s real-time admission, discharge and transfer (ADT) network to equip care management teams with real-time care intelligence. Customers can improve the speed and accuracy of patient identification over time, increase care management program enrollment and deliver high-quality patient care.

To illustrate recent success, a large health system using the Rising Risk solution identified eight patients who they then enrolled in care management, saving the organization an estimated $25,000 per patient over a year.

Rising Risk is built on the Bamboo Health Smart Signals™ network that supports providers, payers, pharmacies and state governments through its expansive platform present in all 50 states. The network makes Rising Risk unique, allowing it to identify patients with rapidly rising care needs in real time and across state lines.

To learn more about Rising Risk and how it improves patient outcomes while reducing healthcare costs, please visit bamboohealth.com/solutions/rising-risk.

About Bamboo Health

Bamboo Health, the leader in Real-Time Care Intelligence™, delivers actionable insights on a patient’s physical, behavioral and social health – empowering healthcare professionals to provide the right care at the right time for the right outcomes. Delivered through our Smart Signals™ network – the largest and most interoperable care collaboration community in the nation – our insights improve more than 1 billion patient encounters a year across more than 2,500 hospitals, 8,000 post-acute facilities, 25,000 pharmacies, 32 health plans, 50 state governments and 1 million acute and ambulatory providers. Connect with Bamboo Health on Twitter, LinkedIn and Facebook. Visit BambooHealth.com to learn more.