Best Buy's acquisition of CST builds on the company's $800 million purchase of Great Call last year, which served to steer the company's business in a strategic direction towards providing technology products, services and solutions to the aging population.
TytoCare's TytoHome product will be offered online through BestBuy.com and brick-and-mortar stores in Minnesota. Availability is also coming soon to locations in California, North Dakota and South Dakota.
The spun off company will be renamed Capsule Technologies and will continue to operate as two separate business entities: Capsule and 2net.
Certain CNA policyholders who are still living in their homes will have access to GreatCall's Lively Home and Lively Mobile solutions.
During the Digital Health Summit at CES, Best Buy Health president Asheesh Saksena and GreatCall CEO David Inns talked about how technology like the smart home can be used to help seniors live independently.
Last year, the retailer appointed Aeesh Saksena as president of Best Buy Health and added two individuals from the healthcare sector — Eugene Woods and Cindy Kent — to its board of directors.
A specialty drug is a class of prescription medications used to treat complex, chronic or rare medical conditions. Although this classification was originally intended to define the treatment of rare, also termed “orphan” diseases, affecting fewer than 200,000 people in the US, more recently, specialty drugs have emerged as the cornerstone of treatment for chronic and complex diseases such as cancer, autoimmune conditions, diabetes, hepatitis C, and HIV/AIDS.
Private equity firm GTCR originally acquired GreatCall, which provides products like the "Jitterbug" phones for seniors, last year.
GreatCall's personal emergency response services was one factor in GTCR's acquisition of the business.
Healthsense places wireless sensors around living spaces to monitor patients at home and in skilled nursing and assisted living facilities, then applies algorithms to detect signs of potential health issues.
But there is hope because there is demand for new ways to manage caregiving.
Munck Wilson Mandala Partner Greg Howison shared his perspective on some of the legal ramifications around AI, IP, connected devices and the data they generate, in response to emailed questions.
From cognitive coaching to optoelectronics, the wearables industry has an interesting future.
The deal will help San Diego-based GreatCall expand its offerings in connected health and home monitoring.
Today is the biggest shopping day of the year, and it’s when most people (a lot of the slightly crazy and/or more “determined” folks) start taking care of their holiday shopping. We thought we’d give you a few ideas for some health-related gift ideas that might be good for your loved ones this season, most […]
Mobile developer GreatCall , which makes both smartphones and applications, and artificial intelligence company Automated Insights said they are partnering on a health app that helps caregivers stay informed on the well-being of aging family members. The GreatCall Link app will provide an alert when the user of a GreatCall device contacts a 5Star agent in an […]
GreatCall, a mobile health developer of apps, smart phones and other products, and monitoring device developer AliveCor are merging mobile health with cardiology. GreatCall will now offer AliveCor’s heart monitor as an accessory on a Touch3 smartphone, allowing consumers with suspected or diagnosed heart conditions to more closely monitor their own cardiac health. The AliveCor […]
