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Best Buy, which acquired hospital-at-home solution provider Current Health in 2021 for $400 million, has sold the company back to one of its original co-founders Chris McGhee for an undisclosed sum.
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In this edition of STAT's Health Tech newsletter: A closer look at Best Buy selling Current Health, and more health tech news.
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Best Buy is selling Current Health back to its co-founder and former CEO, who says the company will refocus its mission of providing home-based care.
Best Buy divests home care firm Current Health Co-founder Christopher McGhee reacquired the company nearly four years after the electronics retailer purchased the home care business.
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