Best Buy Health and PwC Strategy& are Making Care More Accessible
Jana Pijak — July 18, 2023 — Lifestyle
References: technologymagazine
Best Buy Health and PwC Strategy& have teamed up to bring technology into homes for more accessible health care, wellness and aging solutions. The companies are focusing on three main areas: wellness at home, aging at home, and care at home.
By leveraging its stores, distribution channels and Geek Squad services, Best Buy Health aims to help both patients and healthcare professionals. Its Lively brand offers advanced health and safety services like fall detection and emergency response through devices like Amazon's Alexa. Additionally, the company's acquisition of Current Health will help to better monitor and adjust care plans in real-time for patients at home.
The goal of this Best Buy Health and PwC Strategy& partnership is to improve the experience for patients and caregivers while lowering healthcare costs. Data insights and AI algorithms will play a crucial role in achieving this as both companies aim to revolutionize the remote healthcare space.
By leveraging its stores, distribution channels and Geek Squad services, Best Buy Health aims to help both patients and healthcare professionals. Its Lively brand offers advanced health and safety services like fall detection and emergency response through devices like Amazon's Alexa. Additionally, the company's acquisition of Current Health will help to better monitor and adjust care plans in real-time for patients at home.
The goal of this Best Buy Health and PwC Strategy& partnership is to improve the experience for patients and caregivers while lowering healthcare costs. Data insights and AI algorithms will play a crucial role in achieving this as both companies aim to revolutionize the remote healthcare space.
Trend Themes
1. Wellness at Home - Best Buy Health and PwC Strategy& are leveraging technology to bring wellness services into the home, providing disruptive innovation opportunities for personalized healthcare and remote monitoring.
2. Aging at Home - Best Buy Health and PwC Strategy& are focusing on aging solutions in the home, creating opportunities for disruptive innovation through technology-enabled assistance and support systems for the elderly.
3. Care at Home - Best Buy Health and PwC Strategy& are working to enhance care at home, presenting disruptive innovation opportunities in remote healthcare delivery and personalized home-based care plans.
Industry Implications
1. Healthcare Technology - The collaboration between Best Buy Health and PwC Strategy& offers disruptive innovation opportunities in developing and implementing cutting-edge technologies for at-home healthcare solutions.
2. Retail - Best Buy Health's utilization of its stores and distribution channels presents disruptive innovation opportunities for retail companies to expand into the healthcare sector, providing accessible healthcare products and services.
3. Artificial Intelligence - The integration of data insights and AI algorithms by Best Buy Health and PwC Strategy& offers disruptive innovation opportunities to revolutionize the remote healthcare space through advanced analytics and intelligent care management systems.
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