CVS Pharmacy completed its acquisition of 63 former Rite Aid and Bartell Drugs stores Oct. 15.
The Idaho, Oregon and Washington drug stores serve more than 9 million patients, according to CVS. The company also acquired prescription files for hundreds of Rite Aid and Bartell Drugs stores across 15 states.
“To increase capacity or fill open roles to ensure patients are well served, CVS Pharmacy has hired more than 3,500 former Rite Aid and Bartell Drug colleagues who were interested in joining the CVS Pharmacy team,” according to an Oct. 15 news release.
Rite Aid and Bartell Drugs — which Rite Aid acquired in 2020 for $95 million — closed its stores and sold all assets after filing for a second bankruptcy earlier this year. Walgreens, Albertsons, Kroger and Giant Eagle acquired the other locations.
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit