Healthcare DIVE May 30, 2018
Meg Bryant

Dive Brief:

  • Consumer electronics giant Best Buy is looking to healthcare and the elderly to help fuel future growth, its CEO told investors on an earnings call May 24.
  • Hubert Joly said the company is “testing a service called Assured Livingto help the aging population stay healthy at home with assistance from technology products and services.”
  • The company, which already sells medical alert systems and senior-friendly phones, sees health and wellness as key business focus along with entertainment, productivity and communication, Joly said.

Dive Insight:

Remote monitoring for the elderly is not a new idea, but getting technology to seniors on a large scale could address growing demand for devices and services that help older people age...

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