Best Buy continues to bet on digital health with its new TytoHome deal
Share to twitterBest Buy is the first U.S. retailer to exclusively sell the TytoHome telehealth device kit. , has identified health as a key growth focus. The latest sign of that ambition: It’s the first U.S. retailer to sell exclusively a telehealth device kit that allows consumers to perform medical tests on areas including heart, lungs, throat and ears and connect with physicians to remotely diagnose symptoms.
“Best Buy has “a very strong initiative and strategic way to go to health care,” Gilad told me, adding Best Buy approached the startup about selling its product. TytoHome “is a highly technical product. It's very disruptive technology. Best Buy has Geek Squad and on-boarding process….It’s a very good fit with Best Buy. This is the element to accelerate the way we are growing."
As part of its bigger foray into health tech and service business, Best Buy in October bought GreatCall, provider of Jitterbug mobile phones and connected services for seniors. EverlyWell, which sells food sensitivity and other medical lab test kits at retailers like CVS, Amazon and Kroger, said Tuesday it’s raised $50 million in funding. It also said Target will begin selling its lab test kits in over 1,600 stores nationwide.
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