Healthcare Moves: A Monthly Summary of Hires and Layoffs
Here is a selection of recent executive hires, promotions and layoffs occurring across the healthcare industry.
11 HLTH Announcements You Don’t Want to Miss
This year's HLTH conference brought a bevy of news announcements — from partnerships to new product features to acquisitions and more. In this list, MedCity News compiled short summaries for 11 of the conference's most notable announcements.
Current Health CEO: At-Home Care Models Could Lead to Better Staff Retention
Many healthcare workers prefer providing at-home care because it allows them to provide more personal, less hectic care than they can on the hospital floor, said Current Health CEO Chris McGhee. He thinks health systems should realize that switching more healthcare workers to at-home care could help alleviate the burnout crisis and improve staff retention levels.
Best Buy makes another bet on healthcare with Current Health acquisition
Through a string of recent acquisitions, Best Buy has been building out its health business, with a focus on consumer technology and support for seniors. With its acquisition of Current Health, the company is making a bet that demand for remote patient monitoring will continue to increase.
Best Buy acquires senior remote monitoring company Critical Signal Technologies
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 signs first major retail partnership with Best Buy for its self-exam devices
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.
A Deep-dive Into Specialty Pharma
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.
Smart home key to keeping seniors healthy at home, say execs at CES
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.
Best Buy seeks to bolster healthcare business
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.
Best Buy scoops up GreatCall from private equity firm for $800M
Private equity firm GTCR originally acquired GreatCall, which provides products like the "Jitterbug" phones for seniors, last year.
Best Buy is looking into healthcare with an eye toward seniors
During an earnings call last week, CEO Hubert Joly said the company is testing a service called Assured Living that utilizes tech to help older people stay healthy while at home.
With the Rise of AI, What IP Disputes in Healthcare Are Likely to Emerge?
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.