Best Buy’s $400 Million Healthcare Buy-In

Best Buy’s $400 Million Healthcare Buy-In

In October 2021, Best Buy became the latest company to enter the healthcare marketplace by acquiring Current Health, an at-home medical monitoring technology platform.  

Forbes, a global news and events source, featured the move in a November 2021 article, interviewing Deborah Di Sanzo, President of Best Buy Health. Di Sanzo discussed the motives behind the big purchase: 

“The future of consumer technology is directly connected to the future of healthcare – we have the distinct expertise in helping customers make technology work for them directly in their homes. By combining Current Health’s remote care management platform with our existing health products and services, we can create a holistic care ecosystem that shows up for someone across all of their healthcare needs.”

The idea of a healthcare ecosystem is a relatively new one. These ecosystems combine technologies that share data and are interconnected—providing a smooth, seamless experience for the patient. When you think of the natural ecosystem, you realize that it is a collection of organisms and resources that produce a powerful, sustainable result. When applied to healthcare, issues that once seemed impossible to resolve – like information sharing and smooth care transitions – are now possible within a connected healthcare ecosystem.

As these ecosystems develop, many types of technologies will unite – like Best Buy and Current Health – to provide the range of care needed to support a wide spectrum of patient as a medical monitoring technology platform. The future of healthcare is in creating partnerships that utilize each company’s expertise, establishing an integrated platform for superior customer experience.

Best Buy is confident that its solid, reliable retail infrastructure and customer-service skills provide an ideal platform for healthcare services. As a company who has historically provided technology to improve their customers’ quality of life, the leap into healthcare is not as far as you might imagine.

FormDr is proud to be recognized as part of the industry-leading healthcare ecosystems by providing viable patient/client intake solutions. FormDr’s proprietary technology includes HIPAA-compliant forms with customizable fields and electronic signatures, simplifying the patient intake process while connecting to a range of services within the healthcare ecosystem.