Rite Aid Corporation (OTC: RADCQ) (“Rite Aid” or the “Company”) announces that it has entered into an asset purchase agreement (“APA”) for the partial sale of its Health Dialog business to Carenet Health (“Carenet”), a provider of healthcare engagement, clinical support, telehealth and advocacy solutions. Health Dialog provides personalized population health solutions to improve the health of members while reducing overall medical costs for companies and organizations. Under the terms of the APA, Carenet will acquire Health Dialog’s Nurse Advice Line, Chronic Care Management solution and Shared Decision-Making solution, along with client contracts associated with those services.
Read the full article: Rite Aid Enters into Agreement to Divest Majority of Health Dialog Assets //
Source: https://www.businesswire.com/news/home/20240306223419/en/Rite-Aid-Enters-into-Agreement-to-Divest-Majority-of-Health-Dialog-Assets