Announced

Carenet Health to acquire a majority stake in the Health Dialog assets of Rite Aid.

Synopsis

Carenet Health, a provider of healthcare engagement, clinical support, telehealth and advocacy solutions, agreed to acquire a majority stake in the Health Dialog assets of Rite Aid, a full-service pharmacy committed to improving health outcomes. Financial terms were not disclosed. “This transaction, combined with our recent divestiture of Elixir Solutions, underscores our commitment to aligning Rite Aid’s portfolio around the key healthcare products, services and solutions that are core to our future,” Jeffrey S. Stein, Rite Aid CEO and Chief Restructuring Officer.

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