The channeled bone plate includes a substantially rigid and elongated member for use in stabilizing and splinting fractured sections of a broken bone. This elongated member includes a bottom surface and a top surface, with at least one transverse channel formed from the bottom surface. The transverse channel has a size and shape to at least partially accommodate selective insertion of a cable to permit flush mounting of the bottom surface of the elongated member to the fractured sections of the broken bone simultaneously with flush wrapping of the cable around an external surface of the fractured sections of the broken bone. The elongated member and the cable cooperate to support the broken bone as an implant splint.