Best Buy has sold Current Health, a remote patient monitoring (RPM) company it had acquired in October 2021 for $400 million.
Current Health co-founder Christopher McGhee is reacquiring the company, according to a June 24, 2025 LinkedIn post. Financial terms of the deal were not disclosed.
Founded in 2015, Current Health is a leading care-at-home technology platform based out of Edinburgh. The company’s platform combines RPM, telehealth and patient engagement all into a single solution for healthcare organizations. Best Buy acquired the company in 2021 for $400 million.
“I came back to build Current Health into a globally significant company,” McGhee stated in a LinkedIn post. “We have so much to do, and the story is not finished. The future of healthcare is in the home and the community, and we have a role to play in that transformation.”
Best Buy has been reorganizing its Best Buy Health arm, including $109 million in restructuring costs in May mostly related to the business, after its hospital-at-home line underperformed.
“The strategy of the health business is enabling care at home for everyone. And that fundamental belief system for us remains,” Best Buy CEO Corie Barry said in a May earnings call. “The part that has been harder and taken longer to develop than we initially thought is some of the very discrete in-home health that we are providing in partnership with some of the healthcare industry.”
According to data in the LevinPro HC database, this transaction marks the 158th eHealth acquisition of 2025, and the 15th in the RPM specialty. There were 24 RPM acquisitions reported in 2024, and 22 throughout 2023.
