CVS Bids on Rite Aid Stores in Northwest US and Patient Data

CVS has placed a bid on several Rite Aid stores located in the Northwest region of the US, along with access to patient data. This move comes as Rite Aid undergoes significant restructuring, having filed for bankruptcy for the second time. As part of these proceedings, Rite Aid is selling off pharmacy assets from approximately 1,000 stores to competitors such as CVS and Walgreens. Additionally, all five Rite Aid locations in Vermont are set to either close or be sold. This situation is impacting customers who rely on Rite Aid services, as well as competing pharmacies that are absorbing the changes.\n— new from Yahoo Finance

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