Rite Aid to Provide 340B Contract Pharmacy Services To Safety-net Health Centers and Hospitals Nationwide through CaptureRx

Rite Aid Corporation

announced today it has selected CaptureRx® as its preferred 340B technology vendor and administrator. Through CaptureRx, Rite Aid will offer contract pharmacy services to dispense 340B-priced drugs to patients of eligible community health centers and hospitals nationwide. The 340B drug discount program is a Federal Public Health Service Program that enables qualified health centers and hospitals to purchase drugs for less than half the cost of the commercial market for their outpatients. “Rite Aid has long been committed to the health of the communities we serve,” said Robert Thompson, Rite Aid Executive Vice President of Pharmacy. “Each day, our pharmacists provide services and programs to help our patients live and stay well. Our relationship with CaptureRx is just another way we can improve overall health outcomes of those we serve every day.” Rite Aid has identified pilot sites and is currently developing its strategy to offer the 340B program nationwide later this year. Covered Entities that are interested in information and updates on Rite Aid's 340B program should visit www.riteaid340b.com. “We are delighted to welcome Rite Aid to our extensive network as we work together to offer better access to quality care to improve the well-being of the communities we serve,” added Edward Gilmartin, CaptureRx Chief Operating Officer.