An Act to amend and reenact § 32.1-325 of the Code of Virginia and to amend the Code of Virginia by adding a section numbered 32.1-325.5, relating to Department of Medical Assistance Services; state pharmacy benefits manager. Department of Medical Assistance Services; state pharmacy benefits manager; independent evaluation. Requires the Department of Medical Assistance Services, by July 1, 2026, to select and contract with a third-party administrator to serve as the state pharmacy benefits manager to administer all pharmacy benefits for Medicaid recipients, including recipients enrolled in a managed care organization. The bill enumerates requirements for the Department's contract with the state pharmacy benefits manager. In addition, the bill directs the Department to engage an independent consultant to evaluate the implementation of a contract with a third-party pharmacy benefits manager pursuant to the bill. This bill incorporates HB 2209 and is identical to SB 875.