Over the next year, Best Buy 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,” Best Buy CEO Corie Barry said Thursday during the company’s earnings call. “We also expect to drive a higher mix of our more profitable and unique service plans and deliver cost optimization in our active aging business.”
As is the case with many of its retail peers, home-based care and aging services have become a point of focus for Best Buy, reports Home Health Care News.
Current Health — Best Buy’s care-at-home technology platform — had its best commercial booking year ever in 2022, Barry said.
Current Health’s platform includes remote patient monitoring, telehealth, a full support model and patient engagement tools. The company partners with health care providers across the country. Read more.
