Independent pharmacies unable to remain profitable due to PBM reimbursement rates forcing business closures

Independent pharmacy owners are closing their businesses because Pharmacy Benefit Managers (PBMs) set reimbursement rates so low that pharmacies cannot cover operating costs, even with high prescription volumes. Current regulatory frameworks fail to protect independent pharmacies from predatory PBM pricing, leaving owners with no viable path to profitability and forcing them to shut down operations entirely.