STOCK TITAN

Best Buy Health and Mass General Brigham collaborate to meet patients’ growing Healthcare at Home needs

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Positive)
Tags
Rhea-AI Summary
Best Buy Health (BBY) and Mass General Brigham Collaborate to Transform Healthcare Delivery to Patients' Homes
Positive
  • None.
Negative
  • None.

MINNEAPOLIS & BOSTON--(BUSINESS WIRE)-- Best Buy Health and Mass General Brigham are collaborating to support a new model of healthcare delivery that serves patients where they want to be — at home. Together, they will develop solutions to support the transformational movement of shifting healthcare to patients’ homes by improving how quality and safe care are provided with technology and clinical expertise. Their first priority is to scale and support Mass General Brigham’s Home Hospital. This technology-enabled clinical delivery model will expand access to Massachusetts residents choosing to receive acute-level hospital care in the comfort of their home. This collaboration will also help address one of the biggest challenges the healthcare industry faces today — workforce shortages.

Best Buy Health and Mass General Brigham collaborate to improve care at home (Photo: Business Wire)

Best Buy Health and Mass General Brigham collaborate to improve care at home (Photo: Business Wire)

Mass General Brigham’s Home Hospital is one of the largest acute home-based care models in the country and delivers care for patients who would otherwise need to be hospitalized for conditions such as heart disease, chronic obstructive pulmonary disease (COPD), infections and more. Through the care of nurses, paramedics, advanced practice providers, physicians and other clinicians, Home Hospital patients receive access to the same best-in-class services received at Mass General Brigham’s nationally recognized, award-winning medical centers. The care creates quality health outcomes, is popular with patients and caregivers and studies show it lowers mortality rates, reduces hospital readmissions and decreases lengths of stay.

Additionally, Mass General Brigham operates the largest Medicare certified home health business in New England, offering skilled and supportive services for patients who are homebound during the course of an illness or injury. Together, Home Hospital and Home Care are components of Mass General Brigham’s overall Healthcare at Home portfolio, which will now be supported by Best Buy Health.

Best Buy has a retail footprint of nearly 1,000 stores, a robust digital retail experience through BestBuy.com and the Best Buy App, and the ability to provide technology, omnichannel logistics and human-centered support. With a proven track record of successfully leveraging these assets to deliver positive outcomes, this collaboration with Mass General Brigham furthers Best Buy Health’s commitment to enable care in the home for everyone.

Improving the Healthcare at Home experience

Together, Best Buy Health and Mass General Brigham will develop customized systems and capabilities to enhance the experience for patients receiving Home Hospital care as well as for the multi-dimensional care team that provides it.

In addition to developing new solutions, Mass General Brigham will leverage Best Buy Health’s existing technology and support services, including:

  • Current Health, the company’s care at home platform, which connects patients to nurses, paramedics, advanced practitioners and physicians
  • Services that enable better coordination of how home-based care is delivered and logistics management to support the patient’s broad care team
  • Lively Mobile Plus, their personal emergency response system (PERS) device which can detect falls and enable patients to contact an Urgent Response Agent

“More people than ever before are comfortable with the idea of receiving care in their homes, but we know that bringing care across that threshold isn’t as easy as it sounds,” says Deborah Di Sanzo, president of Best Buy Health. “Together, Best Buy Health and Mass General Brigham will create long lasting solutions that will support the rapid growth of the care at home market and all of those who play key roles in delivering quality care in the home to patients who need and deserve it.”

“At Mass General Brigham, we are building the integrated healthcare system of the future across the entire continuum of patient care needs,” said Heather O’Sullivan, president of Healthcare at Home at Mass General Brigham. “As a recognized leader of Home Hospital services, we understand that consumers are increasingly choosing the comfort of care at home as an alternative to traditional, facility-based delivery settings. By enabling our world-class provider services with technology that matters, we are elevating system capabilities and, most importantly, improving clinical outcomes for the communities we serve today while preparing for the future delivery of care more broadly.”

Supporting the future of care at home

While workforce shortages plague the healthcare industry and threaten the ability of healthcare systems, the Home Hospital experience has shown an increase in employee satisfaction through innovative hybrid practice options and a reduction of clinician burnout. As part of this relationship, Best Buy Health and Mass General Brigham will engage with and make significant investments in the community to enable the next generation of the Healthcare at Home workforce. To do this they will create equitable, academic opportunities for individuals interested in pursuing nursing, paramedic and digital technology careers by offering scholarships to students choosing the at-home setting of care as their desired professional environment. They will also work to bring care in the home to the forefront of curriculum within these industries to further support the growing home healthcare model.

About Best Buy Co., Inc.

Best Buy (NYSE: BBY) is the world’s largest specialty consumer electronics retailer. Our purpose is to enrich lives through technology, which we do by providing our customers a unique mix of advice, products and services in our stores, online, and in homes. Our expert associates advise customers on our curated assortment of the latest, name-brand technology, while our highly trained services teams help with designs, consultations, delivery, installation, tech support and repair. Best Buy operates nearly 1,000 retail stores in North America and has more than 90,000 employees. We are a leader in environmental, social and governance issues, including through the Best Buy Foundation’s nationwide Best Buy Teen Tech Center® network and the significant role we play in the circular economy through repair, trade-in and recycling programs. Our Best Buy Health business enables care at home for everyone by focusing on three key areas: wellness at home, aging at home and care at home. Building its strategy on the strengths of Best Buy, Best Buy Health utilizes its Lively® brand to offer a suite of devices, health and safety services and Caring Centers to help adults age independently. Best Buy Health also connects patients and providers through its Current Health platform to improve the care at home experience and ensure better outcomes. For more information on Best Buy Health, visit Healthcare.BestBuy.com.

About Mass General Brigham

Mass General Brigham is an integrated academic health care system, uniting great minds to solve the hardest problems in medicine for our communities and the world. Mass General Brigham connects a full continuum of care across a system of academic medical centers, community and specialty hospitals, a health insurance plan, physician networks, community health centers, home care, and long-term care services. Mass General Brigham is a nonprofit organization committed to patient care, research, teaching, and service to the community. In addition, Mass General Brigham is one of the nation’s leading biomedical research organizations with several Harvard Medical School teaching hospitals. For more information, please visit www.massgeneralbrigham.org.

PR Contacts:

Keegan Shoutz

Best Buy

Keegan.Shoutz@bestbuy.com

Source: Best Buy Co., Inc.

FAQ

What is the collaboration between Best Buy Health and Mass General Brigham about?

The collaboration aims to support a new model of healthcare delivery that serves patients at home by developing solutions to improve the quality and safety of care using technology and clinical expertise.

What is Mass General Brigham's Home Hospital?

It is one of the largest acute home-based care models in the country, delivering care for patients with conditions such as heart disease, COPD, and infections.

What are the benefits of Home Hospital care?

It creates quality health outcomes, is popular with patients and caregivers, lowers mortality rates, reduces hospital readmissions, and decreases lengths of stay.

How will Best Buy Health support Mass General Brigham's Healthcare at Home portfolio?

Best Buy Health will develop customized systems and capabilities to enhance the experience for patients and care teams, as well as provide technology, logistics management, and support services.

What are the goals of the collaboration in relation to the future of care at home?

To address workforce shortages, increase employee satisfaction, and make significant investments in the community to enable the next generation of the Healthcare at Home workforce.

How will the collaboration support individuals pursuing careers in nursing, paramedics, and digital technology?

They will offer scholarships and bring care in the home to the forefront of curriculum within these industries to further support the growing home healthcare model.

Best Buy Company, Inc.

NYSE:BBY

BBY Rankings

BBY Latest News

BBY Stock Data

16.11B
193.56M
11.29%
84.59%
6.83%
Electronics Stores
Retail Trade
Link
United States of America
RICHFIELD

About BBY

best buy is a leading provider of technology products, services and solutions. the company offers expert service at an unbeatable price more than 1.5 billion times a year to the consumers, small business owners and educators who visit our stores, engage with geek squad agents or use bestbuy.com or the best buy app. the company has operations in the u.s and canada, where more than 70 percent of the population lives within 15 minutes of a best buy store, as well as in mexico where best buy has a physical and online presence. as for our workforce, our employees’ knowledge, passion and commitment are recognized through pay, benefits and other rewards that are among the best in the industry, including an industry-leading employee discount on the latest and greatest products. to learn more about opportunities at best buy follow us on twitter @bestbuy_careers and check out our career site http://www.bestbuy-jobs.com/