Best Buy Continues Senior Tech Push with $800M GreatCall Acquisition

Making moves to become a larger force in aging-in-place technology, retail giant Best Buy (NYSE: BBY) has agreed to acquire GreatCall for $800 million in cash. GreatCall has developed and sells senior-friendly smartphones, smartwatches, medical alert devices and other technology to support and extend older adults’ independence. “[Best Buy] has recently been investing in health-related […]

Business Briefs: GreatCall Acquires Healthsense

GreatCall Acquires Healthsense Connected health company GreatCall Inc. has announced the acquisition of Healthsense, which provides remote monitoring services for seniors. The acquisition will help GreatCall seniors find connected health services in senior living and health care. “As GreatCall continues to expand in these key markets, Healthsense is a natural fit—with our mission of increasing […]

In-Home Sensors Help Slash Hospitalizations 50%

Home care providers looking to keep more clients out of the hospital now have further evidence that in-home sensor technology might be a major boon. In a small pilot project, seniors utilizing monitoring technology had about 50% fewer emergency room visits and hospitalizations than peers with similar health status but no in-home sensors, according to […]

Home Health Business Briefs: EHR Tech Provider Acquires HomecareCRM

As one of the fastest-growing sectors in the United States, home health care is teeming with business activity. Here are some of the industry’s latest investments, acquisitions and partnerships:  Remote Monitoring Company Partners With Arcadia Home Care & Staffing  Healthsense, Inc., a provider of aging services technology, announced recently its partnership with Arcadia Home Care […]

Remote Care Provider Partners with Humana on Aging in Place Pilot

A national pilot program is aiming to make care of older Americans in their homes easier through the use of in-home monitoring devices and health insurance giant Humana.  Tech provider Healthsense has partnered with Humana on the national pilot works through Humana’s Humana Cares / Senior Bridge. The insurance provider identified 100 individuals under its […]

Healthsense Raises Additional $4.3 Million for Expansion Efforts

Healthsense, a provider of aging services technology, has raised $4.3 million in capital, according to a recent filing with the U.S. Securities and Exchange Commission (SEC). The Minnesota company based in Mendota Heights offers technology-enabled care solutions including remote monitoring, emergency response and wellness management. Healthsense also aims to raise a total of $5.9 million, […]