Health care is hard – an idea reinforced this week when Walmart (NYSE: WMT) announced the abandonment of its previously grand health care ambitions. There may be a day when the country’s largest retailers, including Walmart, become major players in home-based care delivery, but today is not that day. And other recent developments suggest tomorrow […]
Best Buy Health is teaming up with yet another health system to help augment home-based care services. What’s of note, however, is that in Best Buy Health’s partnership with Mass General Brigham, it will also be aiding in the Medicare-certified home health arena. The two organizations announced the collaboration Wednesday. In addition to a home […]
Walgreens Boots Alliance (Nasdaq: WBA) has invested a boatload of money into health care services and home-based care over the last three years. On Oct. 23, however, it will have a new leader. That change could affect the retailer’s home-based care plans, but maybe not in the way some expect. If anything, Walgreens will be […]
Best Buy (NYSE: BBY) is growing its at-home care efforts once again, this time through an expansion of its partnership with Geisinger Health System. In July of 2022, Best Buy began leveraging its Geek Squad to help Geisinger better care for chronically ill patients in the home. Geisinger’s ConnectedCare365 initiative was first launched in 2021, […]
As its core business lines struggle, Best Buy (NYSE: BBY) is banking on its home-based health care investments – in part – to drive better financial performance moving forward. It has been inching its way toward home-based care for years now. But it really dove in when it acquired the at-home care tech platform Current […]
While acknowledging that it is not a major revenue driver yet, Best Buy (NYSE: BBY) has publicly committed to the further expansion of its home-based care capabilities. Its most recent move in the area is a big one: a partnership with Atrium Health, one of the biggest health systems in the country. That news was […]
Over the next year, Best Buy (NYSE: BBY) expects to grow its Best Buy Health sales faster than its base business as it leans more heavily into its at-home care platform. “The role of technology within health care is becoming more important than ever and our strategy is to enable care at home for everyone,” […]
Last December, I wrote about the “retail giants ready to disrupt home-based care.” Though confident in my hypothesis that these larger companies – CVS Health (NYSE: CVS), Amazon (Nasdaq: AMZN), Walgreens Boots Alliance (Nasdaq: WBA) and Walmart (NYSE: WMT) – were going to enter further into the home-based care space, I was not under the […]
Like with many of its retail peers, home-based care and aging services has become a key area of focus for Best Buy (NYSE: BBY). These peers include heavy hitters like Amazon (Nasdaq: AMZN) and Walmart (NYSE: WMT). Together, these companies exemplify the ways that retail has begun to gain a foothold in health care, home-based […]
Best Buy’s (NYSE: BBY) at-home health care focus has become a regularly mentioned topic for the company. After purchasing Current Health – a well-known home-based remote patient monitoring (RPM) platform – for $400 million last year, the company has established itself among the likes of other top retailers that have become heavily engaged in the […]
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