Rite Aid Corporation (NYSE:RAD) announced today it has acquired
Boston-based Health Dialog Services Corporation, a leading provider of
health coaching, shared decision making and healthcare analytics from
Bupa, a London-based international healthcare services group. Through
the acquisition, Health Dialog will operate as a wholly owned subsidiary
of Rite Aid. Details of the transaction were not disclosed.
Rite Aid’s acquisition of Health Dialog will also support and advance
Rite Aid Health Alliance, a pioneering health management collaboration
among various healthcare providers who deliver comprehensive care and
support to individuals with chronic and poly-chronic health conditions.
Health Dialog has been working closely with Rite Aid over the past year
as the program has been developed, and currently provides care coaches
for Rite Aid Health Alliance.
“We are extremely pleased to have Health Dialog become a part of the
Rite Aid family and believe this strategic acquisition will be mutually
beneficial to both companies,” said Rite Aid’s Chairman and CEO John
Standley. “This acquisition will provide Health Dialog with an expanded
footprint to grow its existing business as well as further leverage the
company’s coaching services’ expertise as we work to bring Rite Aid
Health Alliance to more Rite Aid markets and customers. Additionally, we
will benefit from Health Dialog’s industry-leading analytics and
shared-decision making tools, helping us to better serve the health and
wellness needs of our customers and further develop our pharmacy
services as a growing retail health care company.”
Through Rite Aid Health Alliance, a first-of-its-kind program in the
drugstore industry, patients with chronic and poly-chronic conditions,
like congestive heart failure, COPD, high cholesterol and diabetes, are
recommended to the program by their primary care physician. Rite Aid
pharmacists and specially trained care coaches, located in Rite Aid
pharmacies, work with the physician and patient on an on-going basis to
improve the patient’s overall health and self-management abilities. The
care team members collaborate with the patient to establish health
goals, eliminate barriers and create a personalized health care action
plan in coordination with the patient’s physician.
Rite Aid Health Alliance is currently offered to patients recommended by
their physicians to participate in the pilot program at select Rite Aid
pharmacies in Buffalo, N.Y., Greensboro, N.C., and the greater Los
Angeles area.
“Rite Aid shares our vision of empowering people and delivering
health-supporting behavior change programs, with the goal of improving
the well-being of the individuals and communities we serve,” said Health
Dialog Services Corporation’s CEO Robert Mandel. “We look forward to
this new relationship and to an exciting future for Health Dialog as we
work with Rite Aid to expand Rite Aid Health Alliance and pursue new
opportunities to grow Health Dialog’s portfolio of clients and services.”
Health Dialog Services Corporation is a leading provider of healthcare
analytics and decision support. Health Dialog helps health plans,
employers and physician groups improve healthcare quality while reducing
overall costs. Company offerings include health coaching for medical
decisions, chronic conditions, and wellness; population analytic
solutions; and consulting services. Health Dialog helps individuals
participate in their own healthcare decisions, develop more effective
relationships with their physicians, and live longer, healthier, happier
lives. For more information, visit www.healthdialog.com.
Rite Aid Corporation is one of the nation’s leading drugstore chains
with nearly 4,600 stores in 31 states and the District of Columbia and
fiscal 2013 annual revenues of $25.4 billion. Information about Rite
Aid, including corporate background and press releases, is available
through the company’s website at www.riteaid.com.
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