August 17, 2018

Around the nation: Best Buy to acquire health care device company GreatCall for $800 million

Daily Briefing

    The tech companies expect the deal to close in 2019, in today's bite-sized hospital and health industry news from California, Minnesota, New Hampshire, New Jersey, and Pennsylvania. 

    • California/Minnesota: Best Buy announced Wednesday that it will acquire mobile health care device company GreatCall for $800 million. Best Buy CEO Hubert Joly said the acquisition is part of the company's plan to provide safety devices for the elderly and to address other "key human needs." The tech companies expect the deal to close in 2019 (Arndt, Modern Healthcare, 8/15).

    • New Hampshire: St. Joseph Hospital named John Jurczyk as its new president and SVP effective Aug. 13. Jurczyk previously served as president of Good Samaritan Medical Center in Brockton, Massachusetts (Vaidya, Becker's Hospital Review, 8/15).

    • New Jersey/Pennsylvania: The U.S. Attorney's Office and the Justice Department on Monday announced they are forming a task force to combat health care fraud and the illegal distribution of opioids in Newark and Philadelphia. The task force, which consists of data analysts and prosecutors, will investigate federal health care programs accused of health care fraud, waste, and abuse (Gooch, Becker's Hospital Review, 8/15).

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