CVS fights Tennessee bill that could change pharmacy ownership laws

CVS fights Tennessee bill that could change pharmacy ownership laws

KNOXVILLE, Tenn. (WATE) — CVS is working to block a state bill which would prevent pharmacies from being owned by pharmacy benefit managers, or PBMs, which are essentially the middleman in any transaction between an insurance company and a pharmacy. CVS is part of the same company with Caremark, a PBM, and some pharmacists say [...]

CVS says Tennessee bill could close pharmacies statewide; Memphis pharmacist says claim is misleading

CVS says it could close all of its Tennessee pharmacies if a bill moving through the state legislature becomes law, but an independent Memphis pharmacist argues the company is misrepresenting what the proposal would actually do.