Pharmacy chain Rite Aid has scooped up HealthSpot’s assets for $1.15 million, MedCityNews is reporting.
Dublin, Ohio-based HealthSpot placed on its assets and IP on auction when the Columbus, Ohio, bankruptcy court accepted its liquidation plan in March. Said assets include 191 telemedicine kiosks, just 54 of which had ever been deployed.
Rite Aid, now part of Walgreens, was HealthSpot’s biggest customer, having deployed telemedicine kiosks in 25 stores in three Ohio markets before HealthSpot abruptly ceased operations at the end of 2015.
It is a mystery to all of us what Rite Aid and/or Walgreens will do with HealthSpot’s kiosks. They apparently believe in this sort of business, but the price of each kiosk may be hard to justify at the moment.
During its four years in business, HealthSpot has raised about $48 million, but only generated $1.1 million in sales.