Best Buy sells Current Health to former CEO
06/26/25 at 03:05 AM
Best Buy sells Current Health to former CEO
Modern Healthcare; by Caroline Hudson; 6/24/25
Current Health cofounder Chris McGhee has reacquired the at-home care company from Best Buy Co. Financial details of the transaction were not disclosed... Tech titan Best Buy announced plans to acquire Current in 2021 for about $400 million, as part of its push into the healthcare market. Current, which was founded in 2015, offers a platform for remote patient-monitoring, telehealth and patient engagement tools. It became an integral part of Best Buy Health’s efforts to expand at-home care services, including hospital-at-home technology... However, cracks in Best Buy’s healthcare strategy began to show months ago.