MobiHealth News June 3, 2019
Critical Signal Technologies’ 100,000 subscriber-strong service offers PERS, telehealth, remote vital sign monitoring and more.
Best Buy has acquired remote senior monitoring service Critical Signal Technologies (CST) and will use its platform to bolster a push into the Medicare Advantage market, the retail electronics company shared during a May 23 investor call.
Best Buy did not outline the terms of the deal during the call, only specifying that it had closed during Q2, funded with existing cash and not expected to have a material impact on revenue or operating income for the year. MobiHealthNews has reached out to Best Buy and CST for additional comment, and will update this story with any response.
According to its website, CST’s service consists...