Rite Aid Corp - Company Profile

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Rite Aid Corp: Segment Analysis

Business Description

Rite Aid Corp (Rite Aid) is a provider of retail products and healthcare services. The company offers various products such as prescription drugs, over-the-counter medications, health and beauty aids and other general merchandise. It also sells a wide range of product portfolio include household products, health and beauty aids, personal care products, cosmetics, food and beverages, seasonal merchandise, and pet care which supplies through its retail stores and through its online website.

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Business Segments

Overview

Offers Pharmacy Benefit Management (PBM) services, including technology solutions, specialty pharmacy, mail delivery services, claim adjudication, network and rebate administration, and pharmacy discount programs. Provides Medicare Part D insurance offerings and prescription discount programs for groups and individuals through Elixir, its PBM program. Serves employers, insurance companies, unions, government employee groups, health plans, Managed Medicaid plans, Medicare plans, other sponsors of health benefit plans and individuals in the US.

Performance

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Overview

Sells branded and prescription drugs and provides other pharmacy services. Comprises Rite Aid stores, Bartell and Health Dialog. Major products include prescription drugs; over-the-counter medications, personal care products, cosmetics, health and beauty aids, pet care other everyday and convenience products. Offers online healthcare coaching and disease management services to health plans and employers through its subsidiary, Health Dialog.

Performance

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