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Here are the key slides that show why Best Buy is moving into healthcare, and how it plans to become embedded in the massive US healthcare market. We just got a clearer picture of how Best Buy plans to push into the $3.5 trillion US healthcare market. Within the next five years, Best Buy is aiming to get 5 million seniors into its programs, said Asheesh Saksena, president of Best Buy Health. In a presentation to investors Wednesday, Saksena laid out how he plans to get the company there. Best Buy could have a $46 billion opportunity in healthcare. Here's how Morgan Stanley thinks the consumer-tech giant will attack the massive market.
That, combined with an emphasis on helping people age in their homes as the elderly population increases in the US, opens up a door for Best Buy. Then Saksena got into how Best Buy plans to get into healthcare. He laid out a three-part approach. The hope with monitoring patients — in particular seniors — is that healthcare providers can catch issues with their patients sooner rather than later.
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