The Tennessee Senate has moved forward with Senate Bill 2040, a piece of legislation aimed at preventing pharmacy benefit managers (PBMs) from holding or influencing a pharmacy license within the state. Should this bill become law, companies would face a choice: they could either function as a PBM or possess retail pharmacies in Tennessee, but not engage in both activities simultaneously. CVS is one of the companies impacted by this development. For more details, visit WJHL’s official website.