From a Becker’s Hospital Review online release:
“Today, most of the seniors we serve are utilizing easy-to-use mobile phone products and connected devices that are tailored for seniors and come with a range of relevant services,” Best Buy CEO Corie Barry said during an earnings call Nov. 26, according to a transcript from Seeking Alpha.
“We also expect to advance our commercial business where the services we provide for seniors are paid for by insurance providers. This includes services such as remote monitoring based solutions that provide meaningful insights to improve timely care and reduce the cost to serve frail seniors,” she said.
Best Buy is known as the largest specialty electronics retailer in the U.S., and a key part of its growth strategy is centered on digital health initiatives.
In the past year, Best Buy has spent roughly $1 billion on acquisitions to expand its healthcare services, according to Forbes. The company’s expansion into healthcare has helped it overcome broader declines in consumer electronic sales, according to Bloomberg.
Philips Lumify ultrasound technology is an important component of the mobile ECMO unit. Members of the ECMO team use Lumify for real-time visual guidance when inserting tubes in veins and arteries in a process called ECMO cannulation.
Wi-Charge says it has a solution to the problem. Its technology allows users to power small devices, such as smartphones, smart fire alarms, and smart locks, from several feet away without any wires.
“Slate Homes can take advantage of small projects in remote locations that other builders wouldn’t be able to. For instance, taking on a 12 home pocket community in a small resort town in North Carolina will help Geehan ramp up scale. Some builders take the work to the market, but Slate takes the home to the market.”
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