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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.
CVS Health will close 270 stores in 2025, continuing its retail overhaul after shutting 900 locations in recent years. The ...
The two companies contend the state law will force many pharmacies to close, reducing patient access and increasing costs.
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." ...
Arkansas Governor Sarah Huckabee Sanders signed a first-of-its-kind law last ... on the PBM industry released late last year and early this year. The FTC found the Big Three — CVS’ Caremark ...
In a statement released in response to the bill, CVS responded strongly, warning of serious impacts from the new law. The company said House Bill 1150 will: CVS added that “facts should matter ...
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.
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 has warned it could close two dozens pharmacies in the state. CVS Caremark, other drug middlemen, blasted by FTC Auchincloss bill targets PBMs, gathers bipartisan support Auchincloss bill ...
The PBM segment contributes 46% of CVS income; fears of reform impact led to significant market overreaction. A 25% PBM profitability cut reduces EPS to ~$4, implying a fair value of $60 (with a P ...