Best Buy Moves Deeper Into Connected Healthcare With Current Health Acquisition
Making good on predictions that it will keep investing in healthcare, from devices to analytics, Best Buy is acquiring U.K.-based tech firm Current Health, whose platform provides “continuous, passive monitoring of vital signs” via wearables and connected devices.
It’s the latest move into telehealth for Best Buy, building on prior acquisitions including GreatCall, creator of the Jitterbug mobile phone and Lively wearables for seniors, and Critical Signals Technologies, a remote patient monitoring platform.
In a statement , Best Buy Health President Deborah DiSanzo said, “The future of consumer technology is directly connected to the future of healthcare. We have the distinct expertise in helping customers make technology work for them directly in their homes and by combining Current Health’s remote care management platform with our existing health products and services, we can create a holistic care ecosystem that shows up for someone across all of their healthcare needs.”
As CNBC reported, “Best Buy is pushing further into healthcare — a sector that CEO Corie Barry frequently describes as a growth opportunity. She has pointed to several trends that work in the retailer’s favor, such as the desire of many baby boomers to age at home, the healthcare industry’s need to manage costs […]