Jan 20, 2019

Walmart, CVS settle pharmacy pricing dispute

Bob Herman

CVS and Walmart reached a new deal. Photo: Justin Sullivan/Getty Images

Walmart pharmacies will stay in the network of CVS Health's pharmacy benefit manager after the two sides agreed to a new pricing contract.

The big picture: So much for that spat. However, the Wall Street Journal reported Walmart "didn't ask CVS to increase the amount it pays when shoppers fill a prescription," and instead asked to "maintain rates at current levels." That detail fits with a new Columbus Dispatch story, which showed the CVS pharmacy benefit manager paid Walmart stores 46% less for some drugs than CVS' own pharmacies.

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