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Story perspectives

Best Buy Sells Current Health Back to Co-Founder

6/26/2025

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Story summary
  • Best Buy has sold Current Health back to co-founder Christopher McGhee, who resumes as CEO.
  • McGhee plans to expand Current Health into a top global healthcare organization specializing in home care.
  • Current Health provides remote care management and telehealth services, enhancing hospital-at-home solutions.
  • Best Buy's health division faced challenges, with $109 million in restructuring charges reported in Q1 2025.
  • CEO Corie Barry highlighted slow adoption of hospital-at-home solutions and financial struggles among providers as key issues.