The rise of hospital-at-home and SNF-at-home models has been making headlines for the last month, with related opportunities and complications for senior living becoming clearer. Best Buy (NYSE: BBY) generated some of these headlines by announcing a partnership with Advocate Health. The partnership aims to expand Advocate’s hospital-at-home offering, which the Charlotte, North Carolina-based health […]
Best Buy
Samsung sees health moving into the home, and the company believes there are huge opportunities in the older adult market. Wearable devices like the ones Samsung offers are creating new ways for health care providers to collect information such as body composition, heart rate and sleep patterns — and therein lies a growing opportunity, according […]
Best Buy (NYSE: BBY) has struck a deal to acquire Current Health, gaining further clout in how care and services are delivered to older adults in the United States. Richfield, Minnesota-based Best Buy announced the deal on Tuesday, but did not disclose the acquisition price. “Over the coming decade, significantly more health care can be […]
Amazon (Nasdaq: AMZN) is launching a new subscription service, as well as a long rumored home assistant robot, that could further position the e-retailer and tech giant as a player in the senior care space. The service, Alexa Together, and the robot, Astro, were announced during Amazon’s invite-only fall hardware event on Tuesday. The robot […]
Best Buy’s (NYSE: BBY) push into the commercial health care space is poised to make the electronics retailer an even bigger disruptor than many may have anticipated, thanks largely to its focus on seniors. That’s the premise of a report released earlier this week by analysts at investment bank and financial services firm Morgan Stanley […]
Perhaps nothing is transforming senior living more than technology, and few tech companies in the space have matched the success and impact of GreatCall, which has been led by changemaking CEO David Inns since 2006. After being acquired by Best Buy for $800 million last year, San Diego-based GreatCall is in a new league. Its […]
Last year, retail giant Best Buy (NYSE: BBY) made waves with the $800 million acquisition of GreatCall — a company that offers smartphones, smartwatches, medical alert devices and other technology tailored to older adults, and counts senior living companies among its clients. Now, that big investment is starting to pay off for Best Buy. “In […]
The senior housing industry is gradually embracing technology in its wellness initiatives but is still just scratching the surface. That’s according to an active aging industry trends survey recently released by the International Council on Active Aging’s (ICAA). The survey found that senior living providers are shifting away from a care-focused operational model to one […]
Tech giants are waging a massive smart tech arms race, and seniors are a prime target. This was never more true than in 2018, as Amazon (Nasdaq: AMZN), Best Buy (NYSE: BBY), Google (Nasdaq: GOOGL) and others made move after move to capture the smart tech senior dollar. Their respective yet similar strategies revolve around […]
Electronics retailer Best Buy’s purchase of GreatCall in August brought the spotlight to the longevity market in a significant manner, and its intentions became even clearer this week, when the company appointed seasoned health care executive Cindy Kent to its board. In a struggling retail landscape, Best Buy is executing a vision that looks to serve […]
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