Senior Living Slow to Adopt Tech for Wellness-Focused Operations

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 […]

Best Buy to Acquire Senior-Focused Tech Company GreatCall for $800 Million

In the company’s latest business move focused on the aging population of the United States, technology retail giant Best Buy (NYSE: BBY) has agreed to acquire GreatCall for $800 million in cash. GreatCall has developed and sells senior-friendly smartphones, smartwatches, medical alert devices and other technology. “[Best Buy] has recently been investing in health-related initiatives […]

Best Buy Starts Selling Senior Care Product Line

The number of technologies geared toward senior care seems to grow by the day. Now, electronics retail giant Best Buy Co. (NYSE: BBY) is getting in on the action. Recently, Best Buy began selling an entry-level package of its own remote-monitoring equipment geared toward seniors aging at home, as well as their loved ones who […]