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Tuesday, September 13, 2016 9:04:37 AM
MIAMI, FL -- (Marketwired) -- 09/13/16 -- Progressive Care Inc. (OTC PINK: RXMD), through its subsidiary Pharmco LLC, a South Florida health services organization and provider of prescription pharmaceuticals specializing in health practice risk management, compounded medications, the sale of anti-retroviral medications and related medication therapy management, and the supply of prescription medications to long term care facilities, announces record setting month of August 2016.
PharmCo beats previous company sales and revenue records by over 10% during the month of August 2016. The Company filled well over 20,000 prescriptions during the month, an increase of 22% over the same month last year. Revenues on prescriptions filled also reached an all-time high for a single month at $1.75 million. This achievement is a 47% increase over August 2015. The Company is capitalizing on increased demand for its services from independent clinics, physician offices and long term care facilities.
Construction has also begun on the warehouse space. The company expects completion of the space by the end of October 2016 and the ScriptPro automation system to be installed the first week of November.
"This accomplishment is the culmination of the years of hard work and dedication to this company and its mission. The level of service we provide is second to none and we have received a strong response from the health care community in South Florida," stated S. Parikh Mars, CEO. "With this level of momentum, we will continue to exceed expectations and deliver stellar financial results."
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