Best Buy's Health Offerings Now Serving 1 Million Seniors, With a Goal of 5 Million in Fiscal 2025

Best Buy estimates that it is currently serving one million seniors through its health offerings, with plans to raise that number to five million by fiscal 2025, reports MarketWatch . "Today, most of the seniors we serve are utilizing easy-to-use mobile phone products and connected devices that are tailored for seniors and come with a range of relevant services," said Best Buy CEO Corie Barry. The company additionally offers a "Five-Star Service" that connects customers with U.S.-based agents who can dispatch emergency professionals, act as a concierge, and more. Best Buy has been moving into the health space via its GreatCall devices and services, and the acquisition of Critical Signal Technologies, a monitoring company that has a supplemental benefit covered by the Medicare Advantage plan. Furthermore, the retailer has appointed a practicing emergency doctor, Daniel Grossman, as its chief medical officer.