Partnership Expansion Best Buy Health has been actively expanding partnerships with various healthcare providers such as Geisinger, Mass General Brigham, and Atrium Health. Leveraging these partnerships can be a sales opportunity to offer technology-based solutions to a broader network of healthcare institutions.
Product Diversification With the recent launch of remote patient monitoring wearables and the development of hospital-at-home offerings, Best Buy Health is diversifying its product portfolio. This presents a sales opportunity to introduce these innovative solutions to healthcare organizations seeking to enhance patient care and engagement.
Acquisitions Strategy Through strategic acquisitions like Current Health Ltd., Best Buy Health is expanding its capabilities and market reach. Sales teams can capitalize on these acquisitions by offering integrated solutions that combine the strengths of acquired companies with Best Buy Health's existing offerings.
Focus on Telehealth Best Buy Health's focus on telehealth, virtual care, and device-based emergency response services aligns with the growing trend towards remote healthcare solutions. Sales representatives can leverage this trend by promoting Best Buy Health's tech-driven healthcare services to organizations looking to invest in telemedicine and virtual care platforms.
Market Positioning Best Buy Health's position in the consumer health products and virtual care market, serving over a million people, indicates a strong presence in the healthcare technology sector. Sales professionals can leverage this market positioning to target healthcare providers and institutions looking for reputable and reliable technology partners.