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 [...]