Partnerships with Healthcare Providers Best Buy Health has established partnerships with prominent healthcare providers like Geisinger, Mass General Brigham Health Plan, and Atrium Health. These collaborations indicate a strong potential for introducing Best Buy Health's technology-driven solutions to a broader network of healthcare facilities and expanding its market reach within the healthcare industry.
Focus on Remote Patient Monitoring Recent launches of remote patient monitoring wearables demonstrate Best Buy Health's commitment to enhancing telehealth services. This focus presents a sales opportunity to target healthcare organizations looking to adopt innovative solutions for remote patient care and monitoring, aligning with the growing trend towards virtual care offerings in the healthcare sector.
Acquisitions for Expansion Through strategic acquisitions such as Current Health Ltd., Best Buy Health has significantly expanded its portfolio and capabilities. These acquisitions provide a sales opportunity for cross-selling solutions to existing and new clients, leveraging the added value and expertise brought in by the acquired companies to drive revenue growth and market penetration.
Technology Partnerships and Offerings Utilizing tech stack components like Google Cloud and Lua, Best Buy Health is well-positioned to offer innovative technology solutions in the healthcare space. Leveraging these technologies presents a sales opportunity to tailor custom solutions for healthcare providers seeking advanced tech-driven products to enhance patient care, streamline operations, and improve overall efficiency.
Expansion into Home Health Services Best Buy Health's foray into home health services, exemplified by collaborations with hospital systems to develop hospital-at-home offerings, opens up a sales opportunity in the emerging home healthcare market. By offering technology-driven solutions for at-home patient care, Best Buy Health can target healthcare organizations looking to provide comprehensive care outside traditional clinical settings, driving revenue growth through specialized service offerings.