Rite Aid buys health clinic chain

Dive Brief:

  • Camp Hill, PA-based Rite Aid Corporation earlier this month announced its acquisition of Houston-based RediClinic, a chain of retail health care clinics staffed by nurse practitioners and physician assistants.

  • The Texas chain runs clinics throughout Texas, and treats patients for common medical conditions, writes prescriptions, and provides preventive health care services.

  • The acquisition allows Rite Aid to keep up with competitors Lowell, MA-based CVS Caremark and Springfield, IL-based Walgreens, which have more established health care clinic operations.

Dive Insight:

Rite Aid has been turning itself around lately and looks to be concentrating now on joining the health care provider game already being perfected by CVS Caremark and Walgreens. This trend will only continue as Americans with improved health insurance take advantage of the convenience of neighborhood health care services, at least for some conditions.

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