Pharmacy Receipt “This issueunderscores the problems that can arise when a PBM can exert theirunregulated power to direct members on where to fill their scripts,disrupting patients' health care,” Walmart said in a statement.(Photo: Shutterstock)

Walmart Inc. pharmacies will no longer be partof the networks where most consumers with CVS Health Corp. drugplans can pick up their prescriptions, after a dispute between thetwo giant companies over pricing.

CVS is one of the largest administrators of prescription-drug plans inthe U.S., covering more than 93 million people. While known mostlyfor its drugstores, CVS's pharmacy-benefits managementdivision, CVS Caremark, has come to account for most of itsrevenue. It administers drug coverage for many large employers aswell as numerous Medicare and Medicaid beneficiaries.

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