Rite Aid Pharmacy & Business News

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Western Union renews deal with Rite Aid

"Our relationship with Western Union allows us to offer customers even more value by providing a reliable option when it comes to moving money or facilitating bill payments," stated Tony Sadler, VP store operations Rite Aid.

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RediClinic boosts health alliances

In recent months, RediClinic has continued to form alliances with local healthcare providers, strengtheningits ability to offer convenient health care to more patients.

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Report: Rite Aid acquires assets of telemedicine provider HealthSpot

Rite Aid acquired the assets of bankrupt HealthSpot for $1.2 million, according to a MedCity News report published Monday. "That price is a bargain compared to the $5.2 million valuation Dublin, Ohio-based HealthSpot placed on its assets and IP when the Columbus, Ohio, bankruptcy court accepted its liquidation plan in March," MedCity reported. "HealthSpot said that $3.5 million of those assets were in the form of 191 telemedicine kiosks, just 54 of which had ever been deployed." (MedCity News

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Report: FTC nearing approval of WBA, Rite Aid merger

The Federal Trade Commission is nearing its decision on the proposed merger of Rite Aid by Walgreens Boots Alliance, The New York Post reported late Thursday night, and signs point toward an approval. "The FTC’s biggest concern is the merger will give the combined company too much power when negotiating prices with pharmacy benefit managers," The Post reported. "[But] on Thursday, the chief executive of the No. 1 pharmacy manager, Express Scripts’ Tim Wentworth, said he welcomed the merger." (The New York Post