Rite Aid Corporation is a provider of health care services and retail products. The company has two business segments – Retail Pharmacy, which consists of Rite Aid, Bartell Drug stores, and Health Dialog, and Pharmacy Services, comprising Elixir, its pharmacy benefits manager (PBM). Through the Retail Pharmacy segment, the company offers healthcare services, which include administering immunization from Covid-19 and shingles; assisting customers with high blood pressure, cholesterol and diabetes; providing guidance on combating obesity and tobacco addiction; and educating clients on managing medications and potential side-effects. It also offers front-end products spanning over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, food and beverages, greeting cards, seasonal merchandise, pet care, and convenience products.
Through Elixir, the company provides an integrated suite of PBM offerings, including technology solutions, mail delivery services, speciality pharmacy, network and rebate administration, claims adjudication, and pharmacy discount programs. It serves clients across different lines of business, comprising major health plans, commercial employers, labour groups, and state and local governments.