CVS warns it could close all 134 locations in a single state if new bill goes ahead [Yahoo! Finance]
CVS Health Corporation (CVS)
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Source: Yahoo! Finance
CVS Health has warned it could close all of its 134 pharmacies in Tennessee if a new bill is given the green light by the state's lawmakers. If passed, Senate Bill 2040 would prohibit the co-ownership of pharmacies and pharmacy benefit managers. The proposal was sponsored by Bobby Harshbarger, a member of the Tennessee Senate. PBMs act as a middleman between retail pharmacies, health insurance companies and drug manufacturers. They are used by employers and health insurers to negotiate drug prices. “For too long, pharmacy benefit managers have been allowed to own or control pharmacies while also deciding which pharmacies patients can choose,” Harshbarger wrote in a statement on Facebook “That conflict of interest leads to patient steering, reduced choice, and local pharmacies being squeezed out.” CVS Health says it will have to close 134 pharmacies if SB 2040 is passed by Tennessee lawmakers (Copyright 2021 The Associated Press. All rights reserved) If the Freedom, Access
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- Is CVS Health (CVS) Still Attractive After A 27% One Year Share Price Gain [Yahoo! Finance]Yahoo! Finance
- CVS Health (CVS) had its price target lowered by Wolfe Research from $100.00 to $97.00. They now have an "outperform" rating on the stock.MarketBeat
- How Is CVS Health's Stock Performance Compared to Other Healthcare Stocks? [Yahoo! Finance]Yahoo! Finance
- How Investors May Respond To CVS Health (CVS) Facing Tennessee Crackdown On Its Integrated Pharmacy Model [Yahoo! Finance]Yahoo! Finance
CVS
Earnings
- 2/10/26 - Beat
CVS
Sec Filings
- 3/2/26 - Form 4
- 3/2/26 - Form 4
- 2/13/26 - Form 13F-HR
- CVS's page on the SEC website