Wall Street Signals: Progressive Care Reports 20% Increase in Year over Year Prescriptions Filled During March 2018

Progressive Care Reports 20% Increase in Year over Year Prescriptions Filled During March 2018


Progressive Care Inc. (OTCQB:RXMD), a medicinal services administrations and innovation organization, reported expanded remedies filled and income for Walk 2018. 

PharmCo, LLC filled more than 22,800 solutions amid the long stretch of Spring, producing almost $1.9 million in net incomes. Medicines filled and incomes expanded by 20% and 18% separately contrasted with that month a year ago. Incomes and remedy considers keep on increasing the Organization advances its proactive patient engagement model to specialist's workplaces and centers quick to bring down human services costs and give quality support of their patients. The organization additionally filled over $470,000 worth of medicines for the benefit of 340B substances (excluded in Net Incomes) in February, creating expenses to the drug store of around $20,000 which is over a 200% expansion over that month a year ago. 

The Organization is continuing with its procurement of Touchpoint Rx, situated in Palm Shoreline District. The Organization has started the way toward recording applications and informing significant administrative offices the consequences of which will perfect the end. In the meantime, PharmCo, LLC is encouraging the administration of the Touchpoint and started progress forms for smooth work process and the acquaintance of accommodation bundling with the South Florida retail showcase. 

"This has been genuinely an energizing quarter," expressed S. Parikh Mars, Chief. "We are well on our approach to having our second area. Our administrations will be incredibly enhanced by the expansion of computerized accommodation bundling choices for retail patients. We have various different activities we are pushing forward on and feel that we are executing great." 

This Official statement has been refreshed to mirror the right rate increment of year over year incomes. 

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About Progressive Care 

Progressive Care Inc. (OTCQB:RXMD), through its PharmCo, LLC, is a South Florida wellbeing administrations association and supplier of solution pharmaceuticals, intensified drugs, supplier of tele-drug store benefits, the offer of against retroviral meds, medicine treatment administration (MTM), the supply of professionally prescribed meds to long-haul mind offices, and wellbeing practice chance administration. 

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