Overview
Christopher McGhee, cofounder and former CEO of Current Health, has successfully reacquired the company from Best Buy.
McGhee’s Vision
In a statement on LinkedIn, McGhee expressed his commitment to:
- Building Current Health into a globally significant company.
- Focusing on the future of healthcare, emphasizing home and community care.
- Returning to a scrappy, startup mentality, prioritizing patient safety and customer experience.
About Current Health
Current Health provides a technology platform for healthcare-at-home, utilizing biosensors to:
- Monitor patient conditions.
- Identify when patients require assistance from clinicians.
Background on Acquisition
Best Buy acquired Current Health in 2021 for $400 million, aiming to enhance its investments in senior care and remote patient monitoring.
Recent Developments
In 2023, Best Buy Health expanded its collaboration with Geisinger, a Pennsylvania-based healthcare system, to improve chronic disease management at home.
In 2022, Current Health introduced new features to assist healthcare organizations in managing care for patients with various long-term health conditions:
- Integration of third-party devices for conditions like hypertension, asthma, and diabetes.
- Visibility for care teams over all patients enrolled in care-at-home programs.
Geisinger’s Initiatives
In 2021, Geisinger launched ConnectedCare365, a chronic care management platform that enrolled patients in remote monitoring programs. Patients received devices such as:
- Blood pressure cuffs
- Glucose meters
The data collected was transmitted to Geisinger through Current Health’s platform.
