SB2040 would limit how pharmacy benefit managers operate in Tennessee. CVS Health said this would devastate pharmacy care access and affordability in the state.

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There is no signage announcing the closure of the Walden Drive store, though pharmacy technicians confirmed the CVS location would close.

CVS Health says the bill will force the closure of more than 100 Tennessee stores, but lawmakers argue it will level the playing field for independent pharmacies.

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CVS said it could be forced to close more than 100 of its Tennessee locations if proposed state legislation passes. The bill would prohibit pharmacy benefit managers, or PBMs, from owning a pharmacy.

A Tennessee nurse practitioner warns that the FAIR Rx Act could close 25 MinuteClinics, cutting off vital care for thousands.

Senate Bill 2040 in Tennessee could lead CVS to close over 100 stores, impacting access to pharmacy care, but lawmakers assert closures are not the bill's intent.