Heat olive oil in a large pot and sauté onion, carrots, and celery for 8–10 minutes.
Season with salt, pepper, Italian seasoning, paprika, and ranch mix.
Add garlic powder and cook 1–2 more minutes.
Stir in chicken broth and condensed soup. Mix well.
Add cooked chicken and uncooked rice. Bring to boil, reduce heat, cover, and simmer 15–20 minutes.
Add bacon bits if desired. Adjust seasoning. Serve hot.