Rite Aid picks CaptureRx as 340B technology vendor
CAMP HILL, Pa. — Rite Aid is teaming up with a new technology vendor for dispensing drugs under a special federal discount program, the company said Tuesday.
Rite Aid announced that it had selected CaptureRx as its preferred vendor and administrator in dispensing drugs under 340B, a Federal Public Health Service program that allows health centers and hospitals to purchase outpatient drugs for less than half of their cost on the commercial market.
"Rite Aid has long been committed to the health of the communities we serve," Rite Aid EVP pharmacy Robert Thompson said. "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."
The company said it had set up several pilot sites and would offer the 340B program nationwide later this year.
"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," CaptureRx COO Edward Gilmartin said.
More information about the program is available here.