Healthcare DIVE October 12, 2021
Rebecca Pifer

Dive Brief:

  • Best Buy is acquiring United Kingdom-based at-home care platform Current Health for an undisclosed amount, expanding its push into the health industry.
  • The massive consumer electronics retailer already owns two healthcare companies, and is now snapping up Current, which has a platform combining remote patient monitoring, telehealth and patient engagement. The move comes as an increasing amount of care is delivered in the home, accelerating consumers’ use of health tech.
  • The acquisition should allow Best Buy to play a bigger role in virtual care delivery, the company said in a blog post Tuesday. Best Buy expects the deal, which will be financed with cash, to close by the end of the fourth quarter of its 2022 fiscal...

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Topics: Digital Health, Health IT, Home, Mergers & Acquisitions / JV, Patient / Consumer, Provider, Retailer, Technology, Telehealth, Trends
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