Best Buy will set up in-home hospital care through a new deal with Atrium Health

CNBC March 7, 2023
Melissa Repko

Key Points

– Best Buy has struck a deal to sell devices and handle installation for a program that allows patients to get hospital care at home.

– The consumer electronics retailer is expanding its health-care business as sales of other consumer electronics slow.

– CEO Corie Barry said on an earnings call that Best Buy expects sales in its health division will grow faster than the rest of the business this fiscal year.

Best Buy is best known for installing TVs and home theater systems. Now, its Geek Squad is helping to set up virtual hospital rooms.

The consumer electronics retailer said Tuesday it has struck a three-year deal with Atrium Health, a North Carolina-based health-care system, to help...

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