Walmart to leave CVS Pharmacy network, roiling drugstore market

WALMART WILL LEAVE CVS Health pharmacy network, following negotiations in which Walmart demanded higher reimbursements for its in-store pharmacies, according to CVS. / BLOOMBERG NEWS FILE PHOTO/CHRISTOPHER LEE
WALMART WILL LEAVE CVS Health pharmacy network, following negotiations in which Walmart demanded higher reimbursements for its in-store pharmacies, according to CVS. / BLOOMBERG NEWS FILE PHOTO/CHRISTOPHER LEE
NEW YORK - Walmart Inc. will leave CVS Health Corp.’s pharmacy network that administers drug benefits for millions of Americans, in a dispute over costs that could roil the drugstore and pharmacy-benefits business. Walmart was demanding higher reimbursements for its in-store pharmacies where customers of CVS’s drug-benefits administration business could pick up prescriptions, CVS said in…

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