Tag: Current Health
Current Health no longer part of Best Buy
June 30, 2025HME News Staff
BOSTON – Current Health, which was acquired by Best Buy in 2021, is once again an independent business under the leadership of CEO and Co-Founder Chris McGhee.
A number of other members of the company’s team, including Co-Founder Stewart Whiting, are also returning.
“We’ll be recommitting to our mission and building a world-leading organization with an integrated and intelligent solution for shifting more health care into home and community settings,”...
In brief: DOJ’s $10.6B takedown, Current Health’s Best Buy breakup, AdaptHealth’s deal close
June 30, 2025HME News Staff
BROOKLYN, N.Y. - In the largest health care fraud case by loss amount ever charged by the U.S. Department of Justice, 11 individuals associated with a transnational criminal organization based in Russa and elsewhere have been charged with allegedly:
Purchasing dozens of durable medical equipment (DME) companies
Paying foreign nationals and others to serve as nominee owners
Creating fictitious corporate records that falsely indicated that the nominee owners controlled the...