Lance Neill Joins Elixir as New Chief Operating Officer
September 07 2021 - 12:08PM
Business Wire
Elixir, a wholly owned subsidiary of Rite Aid (NYSE: RAD) that
provides pharmacy benefits and services, today announced that
veteran healthcare and pharmacy executive Lance Neill has joined
the company as chief operating officer. Neill was most recently
vice president of network development and contracting for Centene’s
portfolio of managed care products, representing $32 billion in
annual pharmacy spend. Prior to that, he served in multiple senior
leadership roles with major healthcare brands including Diplomat
Pharmacy and Walmart Stores, Inc.
Lance brings substantial experience in pharmacy network
development and contracting, specialty pharmacy, finance, analytics
and operational oversight. At Elixir, he will oversee the core
operational functions, including Elixir Insurance. He will also be
responsible for Elixir’s strategy development, ensuring that the
company remains positioned for continued innovation and growth.
“Elixir’s opportunities have never been more compelling,” said
Neill. "It is clear that regional health plans and mid-market
employers are looking for a more surefooted approach to managing
pharmacy spend and driving better health outcomes. And it is clear
that as part of the Rite Aid enterprise, Elixir offers significant
differentiation in target markets. I am excited to join a
purpose-driven company, that is committed to helping people achieve
whole health for life."
“Elixir is a critical component of Rite Aid’s growth strategy,
and we are doubling-down on our investment to position the company
as a market leader. Lance is a seasoned and trusted industry
executive who consistently delivers results,” said Heyward Donigan,
president and chief executive officer, Rite Aid. “He is uniquely
qualified to drive strategic prioritization and accountability
within Elixir, with a laser focus on operational excellence. In the
months to come, I will work closely with Lance and the rest of the
Elixir executive team to continue our march forward."
About Rite Aid Corporation
Rite Aid Corporation is on the front lines of delivering
healthcare services and retail products to Americans 365 days a
year. Our pharmacists are uniquely positioned to engage with
customers and improve their health outcomes. We provide an array of
whole being health products and services for the entire family
through over 2,500 retail pharmacy locations across 17 states.
Through Elixir, we provide pharmacy benefits and services to
millions of members nationwide. For more information,
www.riteaid.com.
About Elixir
Elixir, a fully owned subsidiary of Rite Aid Corporation, is a
pharmacy services provider offering pharmacy benefit management,
Medicare-approved prescription drug plans, mail and specialty
pharmacy solutions, and prescription discount programs. With the
unique ability to optimize the full pharmacy care experience,
Elixir is crafting solutions for today’s pharmacy benefits
challenges and helping people achieve whole health for life. For
more information, visit www.elixirsolutions.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20210907005700/en/
MEDIA: Vicki Soares 702-203-0002 vsoares@elixirsolutions.com
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