In a move that signals renewed momentum for home-based care innovation, Current Health — a leading platform for remote patient monitoring — has been reacquired by its co-founder and former CEO Christopher McGhee, just three years after being purchased by Best Buy for $400 million.
For professionals working in home care, this shift could mark a reinvigorated focus on tech-enabled, patient-centered solutions tailored specifically to the unique demands of in-home care delivery.
Announcing the buyback on LinkedIn, McGhee emphasized a return to the company’s core values: agility, innovation, and close alignment with patient and caregiver needs.
By integrating real-time data from remote monitoring devices with patient-reported information, the Current Health platform allows healthcare providers to monitor patient status, triage care needs, and deliver coordinated services — all without requiring a visit to a clinic or hospital.
When Best Buy acquired the company in 2021, it hoped to marry its consumer tech expertise with the evolving demands of home-based healthcare.
The acquisition brought on partnerships with major health systems — including Mass General Brigham and Atrium Health — that leveraged Current Health’s capabilities to monitor patients at home. These efforts helped elevate the national profile of home care as a cornerstone of modern healthcare delivery.
However, Best Buy’s health division has since struggled to meet financial expectations. During a March 2025 earnings call, Best Buy CEO Corie Barry pointed to two main hurdles in the home healthcare space: delays in broad adoption of hospital-at-home models, due in part to wavering federal policy support, and financial headwinds within provider organizations. Still, Barry affirmed the company’s belief in tech-powered, home-centered care.
Now back in founder-led hands, Current Health may be better positioned to serve the evolving needs of home care professionals—those on the frontlines seeking smarter, scalable tools to manage increasingly complex patients at home.
Although Best Buy has not publicly commented on the sale, Current Health described the transition as “unexpected.” Financial details were not disclosed.
For home care providers, this change could signal fresh innovation and renewed collaboration opportunities with a company once again fully focused on advancing the field of care-at-home.
