
Best Buy sheds health tech business to increase profitability
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Diverging Reports Breakdown
Best Buy takes a half-step back from health tech with Current Health sale
“We still believe in the fundamental strategy of leveraging technology to enable care at home,” Barrie said. “We will continue actions intended to maximize the value and improve the profitability of the business.”
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“We still believe in the fundamental strategy of leveraging technology to enable care at home and believe it will be important to the future of health care,” Barrie said during a call with analysts in March, “but the market is not scaling as fast as we originally forecasted. We will continue actions intended to maximize the value and improve the profitability of the business.”
Source: Startribune.com | View original article
Source: https://www.startribune.com/best-buy-health-tech/601382762