Best Buy Poised to Lead Senior Care
On October 23, 2019 by Jodi Boyne
As Best Buy continues its push into healthcare, senior care remains a strong focus—and could make the company the leader in the space. Key to this expansion will be Best Buy’s ability to strike strategic partnerships with payers like Medicare Advantage and Managed Care Plans; but what shouldn't be lost in this push for a competitive advantage is the relationship with senior care providers.
At a recent investor conference, Best Buy executives said that in five years they hope to provide health monitoring services to 5 million seniors, a five-fold increase, according to a recent Washington Post article. These services are essential to Best Buy's goal of reaching $50 billion in annual revenue by 2025.
To read more about how Best Buy could disrupt senior care, read Best Buy Poised to Lead Senior Care.