Rite Aid’s RediClinic and MultiCare announce joint venture to expand access to health care services

05.06.2015

RC-Multicare-Tall-SMCAMP HILL, Pa. (May 6, 2015)–Rite Aid Corporation (NYSE: RAD) announced today that RediClinic, one of the Company’s wholly owned subsidiaries and a leading operator of convenient care clinics, and MultiCare Health System, a leading, not-for-profit health care organization that offers a comprehensive network of services across the Puget Sound region, have formed a joint venture to expand access to health care services in the greater Seattle area. Through the joint venture, RediClinic and MultiCare will collaborate to operate 11 RediClinics inside select Rite Aid pharmacies. MultiCare currently operates a convenient care clinic inside the Rite Aid pharmacy located at 5700 100th Street SW in Lakewood.

Rite Aid Executive Vice President of Pharmacy Robert Thompson, RediClinic CEO Web Golinkin and MultiCare Health System President and CEO Bill Robertson will officially announce the joint venture and mark the first of 11 clinic openings with a ribbon-cutting today at 10am, Pacific Time, at the Rite Aid pharmacy located at 15100 SE 38th Street in Bellevue, Wash.

“Rite Aid is excited to announce this joint venture, a strategic expansion of our existing relationship with MultiCare Health System,” said Thompson. “MultiCare shares Rite Aid and RediClinic’s commitment to providing high-quality, convenient and affordable health care to the communities it serves, and we look forward to collaborating with MultiCare to offer an additional level of care to our customers across Seattle.”

“We are very excited to partner with MultiCare, a leader in patient care in Tacoma and across Washington, as we work to open the first RediClinics in the Pacific Northwest,” added Golinkin. “As one of the pioneers in convenient care, RediClinic has served more than 1.7 million consumers since opening its first clinic in 2005, and we look forward to introducing our unique model of high-quality, convenient and affordable care to Seattle area residents.”

The RediClinics in Seattle will be staffed by board-certified MultiCare nurse practitioners, who are trained and licensed to treat common conditions and provide preventive services in collaboration with MultiCare affiliated physicians. Patients can be treated for more than 30 common medical conditions, and the nurse practitioners are able to write prescriptions for these conditions when appropriate.

“MultiCare is pleased to expand our partnership with Rite Aid, bringing more healthcare choices to patients in King and Snohomish counties,” said Robertson. “We know that consumers are looking for convenient access to high-quality care and RediClinics offer such an option.”

In addition to the Bellevue location, RediClinics are currently open inside the following Rite Aid locations:

  • 17226 Smokey Point, Arlington
  • 3905  Factoria Mall SE, Bellevue
  • 16222 Bothell-Everett Highway, Mill Creek

Additional clinics will open this spring in:

  • 18022 68th Avenue NE, Kenmore
  • 3023 78th Avenue SE, Mercer Island
  • 45244 18906 State Route 2, Monroe
  • 11700 Mukilteo Speedway #500, Mukilteo
  • 3066 Issaquah Pine Lake Road SE, Sammamish
  • 655 NW Richmond Beach Road, Shoreline
  • 14035 NE Woodinville-Duvall, Woodinville

RediClinics also provide a broad range of preventive services, including screenings, medical tests, immunizations and basic physical exams.

Rite Aid Corporation is one of the nation’s leading drugstore chains with nearly 4,600 stores in 31 states and the District of Columbia and fiscal 2015 annual revenues of $26.5 billion. Information about Rite Aid, including corporate background and press releases, is available through the company’s website.

RediClinic has given consumers easy access to high-quality, affordable healthcare since 1989. The company currently operates 34 clinics inside H-E-B grocery stores in Houston, Austin, San Antonio, as well as 30 clinics inside select Rite Aid pharmacies in the greater Baltimore/Washington DC, Philadelphia and Seattle areas.

Since opening its first in-store clinic in 2005, RediClinic has successfully treated more than 2 million patients for common medical conditions and provided preventive care. RediClinic is a wholly owned subsidiary of the Rite Aid Corporation. For more information about clinic locations, hours of operation, services and prices, visit RediClinic’s website.

MultiCare Health System is a not-for-profit health care organization with more than 10,000 employees and a comprehensive network including Allenmore Hospital, Auburn Medical Center, Good Samaritan Hospital, Mary Bridge Children’s Hospital, Tacoma General Hospital, MultiCare Medical Associates, affiliated physicians, as well as numerous primary care, specialty and urgent care clinics and community outreach services.

Contacts

Rite Aid Corporation
INVESTORS:
Matt Schroeder, 717-214-8867
investor@riteaid.com
or
MEDIA:
Rite Aid
Kristin Kellum, 717-512-4854
or
MultiCare
Marce Edwards, 253-403-1716

Source: Rite Aid Corporation