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 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 ...

The legislation, if passed, would be a massive shakeup for the U.S. pharmacy supply chain, cutting off revenue and market power for PBM giants and ... their doors. Its impact on patients is ...

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 ...

Deutsche Bank sees CVS Health (NYSE:CVS), Cigna (NYSE:CI) and Humana (NYSE:HUM) all being significantly impacted if Congress passes legislation ... separate its Caremark PBM from its retail ...

such reform is gaining momentum as both an FTC lawsuit and bipartisan legislation put a spotlight on systemic abuses in the business of PBM and its impact on patients. But while CVS’s ...

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