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Home » Atrium Health, Best Buy Ink Home Hospital Deal
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Atrium Health, Best Buy Ink Home Hospital Deal

March 7, 2023No Comments3 Mins Read
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Charlotte, North Carolina-based Atrium Health and Best Buy Health are teaming up to develop new home hospital offerings, the latest advancement in remote patient monitoring for the tech retailer.

The partners said their agreement would combine the health system’s established telehealth and in-home hospitalization programs with Best Buy’s home services and supply chain. Best Buy’s Geek Squad will assist with device setup and technical support.

According CNBC, data from remote patient monitoring devices will be shared with vendors using Best Buy’s subsidiary Current Health hub. Best Buy aims to have 100 patients in the program each day.

“We knew Atrium Health was the right partner to help address the unique challenges of the home care experience,” Deborah Di Sanzo, president of Best Buy Health, said in a statement. “We are excited to leverage our expertise in omnichannel, supply chain, care center support and services, home support and our ability to connect patients and providers through Current Health’s home care platform. These strengths, combined with Atrium Health’s extensive clinical experience, expertise and deep experience in virtual care, will help us improve and enable home care for all.”

THE GREAT TREND

Atrium launched its hospital-at-home program at the start of the COVID-19 pandemic as a method of managing capacity during peak periods. The health system, which finalized its merger with Advocate Aurora Health to create Advocate Health late last year, has since expanded to new conditions, such as cardiac care, COPD, pneumonia, asthma, certain infections and other medical care and postoperative.

Meanwhile, Best Buy has steadily expanded its reach in the area of ​​remote patient monitoring technology. In 2018, the retail giant acquired SuperCall, which made health and safety products for the elderly. He then bought a remote senior monitoring service Critical signal technologies then acquired a home care and remote monitoring platform Current health in 2021.

On its fourth quarter earnings call, Best Buy CEO Corie Barry said Current Health had its “best year of business reservations ever last year,” including relationships with security systems. health like Geisinger, Mount Sinai Health System and NYU Langone Health. She also mentioned the three-year development partnership with Advocate Health during the call.

“We’re excited about the momentum in home care, but it’s still a nascent emerging part of the healthcare industry,” she said. “We’re essentially nurturing a startup within a large-scale organization and leveraging Best Buy’s core assets, including the Geek Squad, to incubate a new business. Revenue contribution is currently very low and will take time to grow.” grow as the Care at Home space matures and expands over the coming years.”

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