Photo caption: Best Buy’s Geek Squad will install health-care devices that power a hospital at home program for Atrium Health, a North Carolina-based nonprofit. Photo courtesy of Best Buy. Article by Melissa Repko. CNBC – March 7, 2023.
Key Points
- Best Buy has struck a deal to sell devices and handle installation for a program that allows patients to get hospital care at home.
- The consumer electronics retailer is expanding its health-care business as sales of other consumer electronics slow.
- CEO Corie Barry said on an earnings call that Best Buy expects sales in its health division will grow faster than the rest of the business this fiscal year. […]
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