Company Market Research Report: Best Buy Health
Company Overview
Name:
Best Buy Health
Mission:
To create a future where healthcare delivery in the home is tech-enabled and human-centered, and to empower individuals to stay well and manage their health independently, safely, and efficiently at home.
Founded:
No specific founding year for Best Buy Health is provided, but it operates under Best Buy Co. Inc., which was founded in 1966 by Richard M. Schulze.
Key People:
- Deborah Di Sanzo - President
- Diana Gelston - Chief Commercial Officer
- Mark Kaufman - Chief Technology Officer
- Chemu Lang'at - Chief Operating Officer
- Jenny Ramseth - Chief Product Officer
- Louise Shah - Head of Professional Services
- Josh Will - Chief Revenue Officer
- Ben Zaniello - Chief Medical Officer
Headquarters:
No specific information provided.
Number of Employees:
No information available.
Revenue:
No information available.
Known For:
Best Buy Health is known for integrating technology with healthcare services to support care delivery at home, leveraging Best Buy's core competencies including retail infrastructure and Geek Squad services.
Products
Product Offerings:
1. Medical Alerts
- One-button connection to emergency response and support for Social Determinants of Health.
2. Phones
- Easy-to-use flip and smart phones offering connectivity and access to Best Buy Health's services team.
3. Curated Devices
- Assortment of health technology for proactive health management, including remote patient monitoring.
4. Remote Patient Monitoring
- A platform offering healthcare insights for patient management at home.
Key Features:
- Easy-to-use technology for aging in place and managing chronic conditions.
- Integration with human-centered services to enhance customer care and support.
- Flexible solutions supporting transitions from hospital to home care.
- Clinical monitoring and health coaching services.
Recent Developments
Recent Developments and Partnerships:
- Landmark partnership with Mass General Brigham to expand healthcare-at-home services (November 8, 2023).
- Collaboration with Geisinger to enhance tech-driven in-home care, utilizing Geek Squad services (September 12, 2023).
- Expansion of Best Buy's in-home care presence and assistance services targeting elderly health and connectivity (August 3, 2023).
New Products/Features:
- Launch of ‘Hospital at Home’ services through a partnership with Atrium Health, establishing home-based virtual hospital rooms (March 2023).
- Offering over-the-counter hearing aids in collaboration with retail giants like CVS and Walmart to improve accessibility (October 17, 2022).
New Partnerships:
- Best Buy Health is actively pursuing partnerships with major health providers and leveraging its retail and technological expertise to facilitate care in non-traditional settings.
Summary
Best Buy Health is revolutionizing home healthcare by merging cutting-edge technology with compassionate care services. Through strategic partnerships and expansion of its health solutions, Best Buy Health is actively addressing the evolving needs of aging populations and individuals with chronic conditions, making healthcare more accessible and personalized. Its unique value proposition lies in leveraging Best Buy's extensive retail and service infrastructure, exemplified by the Geek Squad's role in supporting technological adoption in healthcare.
