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Slide #7. Rite Aid Corporation — Health Dialog Services Corporation
Acquirer:
Rite Aid Corporation (RAD)
Acquiree:
Health Dialog Services Corporation
Details:
Rite Aid Corporation (NYSE:RAD) announced today it has acquired Boston-based Health Dialog Services Corporation, a leading provider of health coaching, shared decision making and healthcare analytics from Bupa, a London-based international healthcare services group. Through the acquisition, Health Dialog will operate as a wholly owned subsidiary of Rite Aid. Details of the transaction were not disclosed.
Rite Aid provides an array of whole being health products and services. Co. reports its business in two segments: its Retail Pharmacy Segment, which consists of Rite Aid, Bartell Drug Company and Health Dialog Services Corporation, and its Pharmacy Services Segment, which consists of Elixir, its pharmacy benefit management (PBM). For the Retail Pharmacy segment, Co.'s pharmacists dispense medications pursuant to prescriptions written by medical providers and educate its customers on alternative remedies that can supplement conventional options. Co. provides a range of healthcare services. For the Pharmacy Services segment, Elixir, Co.'s PBM, provides a suite of PBM offerings.
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