Best Buy Sells Current Health Back to Co-Founder
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6 Articles
News 6/27/25 – HIStalk
Top News Best Buy sells remote patient monitoring technology company Current Health back to its co-founder and CEO Christopher McGhee (formerly known as Christopher McCann). Best Buy acquired the company in October 2021 for $400 million and has struggled with its in-home healthcare business since, including taking two write-downs totaling nearly $600 million this year. McGhee left Best Buy in March 2024. I interviewed him in April 2022. Several…
Best Buy sells Current Health back to former CEO
NEW YORK — According to published reports, Best Buy has sold its home care technology division, Current Health, back to its original owner co-founder, Chris McGhee. Acquired by Best Buy in 2021 for $400 million, Current Health is poised to thrive independently under McGhee's leadership, with a renewed focus on enhancing home-based health care solutions.Current Health specializes in technology that enables hospital-at-home and at-home care models…
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