eRx Network to Provide Transaction Processing and Revenue Cycle Management Services to Rite Aid

eRx Network, LLC, a leading provider of electronic transaction services to the retail pharmacy industry, announced today that it will provide transaction processing and revenue cycle management services for Medicare Part B claims, state Medicaid DME claims and clinical administration programs to Rite Aid. The services will provide the company with tools to better identify and service Medicare and Medicaid beneficiaries in addition to improve its management of claim reimbursement.

"Our company is very excited to announce this expanded relationship with Rite Aid," said Murray Lyle, president and chief operating officer, eRx Network. "We are thrilled Rite Aid has chosen to draw on our more than ten years of experience with real-time processing and revenue cycle management."

eRx Network provides services to over 42,000 retail pharmacies across the U.S. through its secure, reliable performance-oriented network. Since pioneering electronic billing of Medicare Part B and state Medicaid DME claims in 1997, the company has grown its network of pharmacies utilizing these services to more than 29,000.

"Our relationship with eRx Network will allow Rite Aid to effectively manage reimbursement of Medicare Part B and state Medicaid DME claims," said Bill Wolfe, Rite Aid group vice president, managed care and government affairs.

About Rite Aid Corporation
Rite Aid Corporation is one of the nation’s leading drugstore chains with approximately 5,000 stores in 31 states and the District of Columbia with fiscal 2008 annual sales of more than $24.3 billion. Information about Rite Aid, including corporate background and press releases, is available through the company’s website at http://www.riteaid.com.

About eRx Network
eRx Network is a premier provider to the U.S. pharmacy industry of a secure, reliable and performance oriented network for e-commerce applications. eRx Network provides a number of productivity enhancing services including fast, secure switching of third party claims, eligibility services, value proven pre- and post- editing, claims reconciliation, resubmission services, electronic prescribing solutions, Medicare/Medicaid DME billing, Medicare Flu billing, Medicare denial management services, and Medicare/Medicaid eligibility verification.

For more information about eRx Network, call 866-ERXNETWORK (866-379-6389) or visit http://www.erxnetwork.com.