Important Network Update: Growing Stronger Together
To Our Valued Partners,
We want to provide you with an important update regarding changes in our pharmacy network and share exciting news about our path forward.
Addressing Recent Changes
As you may be aware, Rite Aid has filed for bankruptcy and will be undergoing significant operational changes. While this development affects part of our current network, we want to assure you that we have been working proactively to not only address this situation but to emerge in a stronger position.
Network Expansion: A New Chapter
We are pleased to share that, through an agreement with an affiliated partner, more than 2,000 additional pharmacies will be added to the CaptureRx network in the coming months—delivering meaningful net growth even after the Rite Aid transition.
What This Means For Your Program
This development offers potential advantages:
- Expanded Network:
A net increase in pharmacy locations in our overall network - Revenue Growth Potential:
Additional pharmacy partners may create new opportunities for 340B-eligible prescriptions - Network Diversification:
Access to a broader range of pharmacy partners - Smooth Transition:
Our team is committed to supporting you through this change
Customized Opportunity Analysis
To help you maximize the benefits of this new partnership, CaptureRx will provide each covered entity with a comprehensive analysis that includes:
- Comparative assessment of your current network versus the expanded network
- Identification of specific growth opportunities in your service areas
- Financial projections showing potential revenue impact
- Strategic recommendations to optimize your 340B program with these new pharmacy partners
Transition Support
Our team has developed a comprehensive plan to support you through this network change. Your CaptureRx Client Relationship Manager will contact you directly to discuss specific details relevant to your organization.
We remain committed to your success through this transition and beyond. Our experience as pioneers in the 340B TPA space has prepared us to navigate industry changes while continuing to deliver the service and solutions you depend on.
For immediate assistance, please contact your Client Relationship Manager or call our support team at 888.345.5745.
