Current Health (Boston and Edinburgh, Scotland) is the creator of a remote patient monitoring platform that allows physicians to monitor and connect with patients in their homes. Its platform includes an FDA-cleared wearable vital signs monitor, as well as a home hub. The hub can integrate into hundreds of other monitoring devices as well as a person’s electronic health record.
“With their remote monitoring platform, combined with the scale, expertise, and connection to the home that Best Buy has, we will be able to create a holistic care ecosystem that shows up for customers across all their healthcare needs,” Best Buy CEO Corie Barry said during a November 23 earnings call, transcribed by Motley Fool.
Barry cautioned that even with the changes to healthcare during the COVID-19 pandemic, the space is still slower to adopt technology than other sectors. “Virtual care is a truly nascent space with significant opportunity, but it will take time and investment to develop our offerings and scale.”