CarelonRx completed the acquisition of the specialty pharmacy business of Kroger.

CarelonRx, a pharmacy benefit manager subsidiary of Elevance Health, completed the acquisition of acquire the specialty pharmacy business of Kroger, an operator of supermarkets and convenience stores. Financial terms were not disclosed. "Kroger Specialty Pharmacy has been part of our company since 2012, and we want to thank our management team and associates for their enduring commitment to their patients. As part of our regular review of assets, it became clear that our strong specialty pharmacy business unit will better meet its full potential outside of our business. One of the most important considerations was continued operations to ensure minimal disruption to our associates and patients. We are confident this transaction will help the business to grow and deliver better results for patients. We look forward to working toward a smooth transition for associates and patients," Colleen Lindholz, Kroger Health President.