The two companies contend the state law will force many pharmacies to close, reducing patient access and increasing costs.

CVS has told Newsweek that some of Arkansas' only 24-hour pharmacies are at-risk of closure because of new state law signed by Republican Governor Sarah Huckabee Sanders last month.

The suit says the State of Arkansas is unconstitutionally limiting commerce by banning pharmacy benefit managers from owning ...

CVS Health has filed a federal lawsuit against a new Arkansas law that it says unfairly targets out-of-state pharmacies and ...

CVS Health will close 270 stores in 2025, continuing its retail overhaul after shutting 900 locations in recent years. The ...

After Governor Sanders signed HB1150 into law, CVS officials stated that they have not announced plans to close stores and are "evaluating any and all options." ...

CVS Health CVS shares have rallied nearly 38% so far this month, driven by the company’s stronger-than-expected first-quarter ...

pharmacy benefit manager parent companies including CVS Health, Cigna and UnitedHealth Group must decide between running moneymaking PBMs or patient-facing pharmacies in a state. The law is ...

Following signing of the bill into law, The National Community Pharmacists ... and has worked hard to advance HB 1150 and other PBM reform efforts. NCPA, which represents the country’s ...

CVS Health (NYSE:CVS) said it will close more than 20 pharmacies in Arkansas after the state Gov. Sarah Huckabee Sanders signed a law banning pharmacy ... also operates in the PBM market.

CVS Health CVS shares have rallied nearly ... s decision to implement widespread store closures due to new Pharmacy Benefit Management (PBM) reform legislation, market sentiment remains positive.