Drugstore chain Rite Aid agreed to sell the majority of its Health Dialog business to Carenet Health.

The assets to be sold include Nurse Advice Line, Chronic Care Management solution and Shared Decision-Making solution, along with client contracts secured under those services.

“This transaction, combined with our recent divestiture of Elixir Solutions, underscores our commitment to aligning Rite Aid’s portfolio around the key healthcare products, services and solutions that are core to our future,” Rite Aid CEO and chief restructuring officer Jeffrey S Stein.

“As we move through the restructuring process, we are making important progress executing on our growth and profitability initiatives and implementing our go-forward business plan, focused on creating a portfolio of high-performing stores, a leaner supply chain and a more efficient operating model.”

Health Dialog’s Medication Adherence Management and Medication Therapy Management solutions are not part of the proposed transaction and will be integrated into Carenet Health’s clinical offerings.

The sale is expected to close in the second quarter, subject to Bankruptcy Court approval and customary closing conditions.