Tennessee Lawmakers Pass Pharmacy Bill as Cvs Threatens Lawsuit

Legislation to ban pharmacies from owning PBMs heads to Gov. Lee's desk, CVS Health may close Tenn. locations

The Tennessee House passed a bill banning pharmacies from owning PBMs. CVS warns the legislation could force them to close their clinics and cost 2,000 jobs if signed.

Tennessee lawmakers advance pharmacy bill as CVS threatens lawsuit

CVS has spent millions to kill a bill requiring pharmacy benefit managers to divest from pharmacies. Senators passed it with bipartisan support.

TN Senate advances bill that would restrict PBM-owned pharmacies

JOHNSON CITY, Tenn. (WJHL) - The Tennessee Senate voted to advance Senate Bill 2040, which would prohibit pharmacy benefit managers (PBMs) from owning or controlling a Tennessee pharmacy license. The legislation, if turned into law, would mean a company could operate as a PBM or own retail pharmacies in Tennessee, but not both. CVS has [...]

Tennessee Senate passes 'CVS bill,' reshapes pharmacy business as CVS threatens closures

A bill moving through the Tennessee Legislature could reshape how pharmacies do business in the state.

Tennessee Senate passes bill that would restrict PBM-owned pharmacies

The Tennessee Senate has passed SB2040 that would restrict PBM-owned pharmacies, like CVS, from operating in the state.