What You Should Know:
–Bamboo Health™, the leader in Real-Time Care Intelligence™, is teaming up with Radial, a pioneer in decision support software for value-based care, to enhance care coordination and drive success in accountable care.
– By empowering clinicians with actionable, in-the-moment insights, this collaboration streamlines care transitions, improves outcomes and lowers costs. These advancements are especially critical for value-based care providers, whose success depends on achieving cost efficiency and better patient outcomes.
Transforming Value-Based Care: Bamboo Health and Radial Care Collaboration Enhances Care Transitions and Reduces Costs
Bamboo Health and Radial Care have joined forces to revolutionize value-based care by combining Bamboo Health’s Pings™ solution with the Radial Care™ software platform. This partnership empowers healthcare providers with Real-Time Care Intelligence, enabling them to optimize care delivery and reduce costs while improving outcomes for complex patient populations.
Key Benefits of the Collaboration
The integration of Pings™ with Radial Care™ equips providers with actionable insights and advanced tools to:
- Receive Real-Time Updates: Instantly track patient admissions, discharges, and transfers.
- Streamline Care Transitions: Identify patients suitable for home-based post-acute care.
- Facilitate Palliative Care Referrals: Make timely recommendations for palliative or hospice care.
- Address Social Determinants of Health: Proactively resolve factors impacting patient well-being.
- Deliver Efficient, High-Quality Care: Ensure patients receive the right care in the right place at the right time.
This collaboration directly addresses the needs of Medicare providers navigating shared savings programs, where managing the total cost of care for high-risk, complex populations is crucial. By leveraging real-time intelligence, providers can guide patients to appropriate care programs, such as hospital-at-home models or end-of-life care, reducing unnecessary hospitalizations and improving patient quality of life.
Proven Impact on Value-Based Care
The combined capabilities of Bamboo Health and Radial Care are built on robust, proven results:
- Bamboo Health’s Success in ACOs: Accountable Care Organizations (ACOs) utilizing Pings™ in the 2021 Medicare Shared Savings Program generated over $1 billion in savings.
- Radial Care’s Transition Expertise: Radial’s decision-support tools have facilitated over 1 million patient transitions.
- Industry-Wide Trust in Bamboo Health: Solutions are used by 52 states and territories, 2,500 hospitals, 8,000 post-acute care centers, top health plans, and 45,000 pharmacies.
- Radial’s ROI for ACOs: Partnering with some of the largest ACOs, Radial consistently achieves upwards of 6:1 ROI through reduced post-acute utilization, improved end-of-life care referrals, and lower readmission rates.
Driving Timely and Informed Decisions
The integration of Pings™ with Radial Care™ strengthens clinicians’ ability to make timely, informed decisions. “This partnership allows us to deliver even greater value to providers by seamlessly integrating Pings with our decision-support tools. Together, we simplify critical care transitions, reduce costs, and enhance care quality for patients with complex needs,” said Thaddeus Fulford-Jones, CEO of Radial.
Advancing Value-Based Care Nationwide
This collaboration exemplifies a shared commitment to advancing value-based care. By equipping providers with innovative tools, Bamboo Health and Radial Care are transforming care transitions, driving efficiency, and enabling better outcomes for patients across the U.S.