{"id":17719,"date":"2025-06-27T00:55:10","date_gmt":"2025-06-27T00:55:10","guid":{"rendered":"https:\/\/www.europesays.com\/us\/17719\/"},"modified":"2025-06-27T00:55:10","modified_gmt":"2025-06-27T00:55:10","slug":"best-buy-divests-home-care-firm-current-health","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/17719\/","title":{"rendered":"Best Buy divests home care firm Current Health"},"content":{"rendered":"<p>            <img decoding=\"async\" class=\"text-to-speech__button__icon\" src=\"https:\/\/www.healthcaredive.com\/static\/images\/audio_icon.svg?482016190122\" alt=\"\"\/><\/p>\n<p>        Listen to the article<br \/>\n        3 min<\/p>\n<p>            This audio is auto-generated. Please let us know if you have <a href=\"https:\/\/www.healthcaredive.com\/contact\/\" rel=\"nofollow noopener\" target=\"_blank\">feedback<\/a>.<\/p>\n<p>Dive Brief:<\/p>\n<p>Dive Insight:\u00a0<\/p>\n<p>Some former members of the Current team, including <a href=\"https:\/\/www.currenthealth.com\/insights\/blog\/a-personal-message-from-chris-mcghee-ceo-co-founder-of-current-health\/\" rel=\"nofollow noopener\" target=\"_blank\">co-founder Stewart Whiting<\/a>, will be returning to the home care firm, according to a blog post. McGhee will again serve as CEO.\u00a0<\/p>\n<p>The company has worked with over 70,000 patients, and more than one-third of all patients in the U.S. that have received hospital-at-home care have used the Current platform, McGhee wrote.\u00a0<\/p>\n<p>Current has also worked with health systems to support their home care programs. After it was purchased by Best Buy, the firm inked deals with systems like <a href=\"https:\/\/www.healthcaredive.com\/news\/best-buy-mass-general-brigham-home-care\/699028\/\" rel=\"nofollow noopener\" target=\"_blank\">Mass General Brigham<\/a>, <a href=\"https:\/\/www.healthcaredive.com\/news\/best-buy-geisinger-home-chronic-condition-management\/692875\/\" rel=\"nofollow noopener\" target=\"_blank\">Geisinger<\/a>\u00a0and <a href=\"https:\/\/www.healthcaredive.com\/news\/atrium-best-buy-partner-co-develop-hospital-at-home-programming\/643990\/\" rel=\"nofollow noopener\" target=\"_blank\">Atrium Health<\/a>.\u00a0<\/p>\n<p>Still, the health sector is in \u201cthe early innings\u201d of the shift from hospital care to home and community-based services, McGhee wrote Tuesday.\u00a0<\/p>\n<p>\u201cI came back to build Current Health into a globally significant company. We have so much to do, and the story is not finished,\u201d he said in a statement on LinkedIn. \u201cThe future of healthcare is in the home and the community, and we have a role to play in that transformation.\u201d<\/p>\n<p>Best Buy will help to ensure a smooth transition over the next few months, a spokesperson told Healthcare Dive. The retailer\u2019s health unit still includes its Lively senior support brand and emergency response devices.\u00a0<\/p>\n<p>The sale comes after Best Buy\u2019s health unit has hit some snags. While parts of the health segment, like its active aging and Lively products, remain viable, Best Buy\u2019s in-home health business has been slower to scale, as providers face financial challenges and the future of the federal government\u2019s hospital at home waiver seems uncertain, CEO Corie Barry said on an earnings call late last month.\u00a0<\/p>\n<p>Other retailers that have deepened their investments in healthcare in recent years have also pulled back. Last spring, Walmart <a href=\"https:\/\/www.healthcaredive.com\/news\/walmart-health-shut-down\/714671\/\" rel=\"nofollow noopener\" target=\"_blank\">closed its network of health clinics<\/a> and <a href=\"https:\/\/www.healthcaredive.com\/news\/fabric-acquires-walmart-telehealth-memd\/720238\/\" rel=\"nofollow noopener\" target=\"_blank\">sold its telehealth assets<\/a>, citing a challenging reimbursement environment and growing operating costs.\u00a0<\/p>\n<p>Additionally, Walgreens, which earlier this year notched a deal to be <a href=\"https:\/\/www.healthcaredive.com\/news\/walgreens-go-private-acquired-sycamore-partners\/741908\/\" rel=\"nofollow noopener\" target=\"_blank\">acquired and taken private<\/a>, is considering <a href=\"https:\/\/www.healthcaredive.com\/news\/walgreens-considers-villagemd-full-sale\/723682\/\" rel=\"nofollow noopener\" target=\"_blank\">selling its stake in VillageMD<\/a> after investing billions of dollars in the primary care chain.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback.&hellip;\n","protected":false},"author":3,"featured_media":17720,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[210,1141,1142,67,132,68],"class_list":{"0":"post-17719","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-health-care","8":"tag-health","9":"tag-health-care","10":"tag-healthcare","11":"tag-united-states","12":"tag-unitedstates","13":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/114752607052437585","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/17719","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=17719"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/17719\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/17720"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=17719"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=17719"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=17719"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}