Progressive Care Inc (RXMD)

[angeloh]

Keep it coming...

RXMD: Record Sales! Uplisted! Small Completely Preserved SS! Audited! 14 State Licences!

Progressive Care Continues to Break Records with Over $20 Million in Sales
http://www.otcmarkets.com/stock/RXMD/news/Progressive-Care-Continues-to-Break-Records-with-Over--20-Million-in-Sales?id=180050&b=y
MIAMI, Jan. 10, 2018 (GLOBE NEWSWIRE) -- Progressive Care Inc. (OTCQB:RXMD), through its subsidiary PharmCo, LLC, is a South Florida health services organization and provider of prescription pharmaceuticals, compounded medications, the sale of anti-retroviral medications, medication therapy management (MTM), the supply of prescription medications to long term care facilities, administration and practice management, utilization management, quality assurance, EHR Implementation, billing and coding, and health practice risk management, announces over $20 million in net revenues on approximately 225,000 prescriptions filled in 2017.

PharmCo, LLC filled over 19,500 prescriptions during the month of December, generating approximately $1.6 million in net revenues. Prescriptions filled increased by approximately 8% over the same month last year. The company also filled over $360,000 (not included in net revenues) worth of prescriptions for 340B entities in December, generating fees to the pharmacy of over $15,000.

The company has been successful in breaking records in 2017. The company announced over $20 million in net revenues, an 11% increase over 2016. The company is expecting to achieve increased growth through 2018 as well as continued reporting of strong operational and financial performance. These all-time high sales figures indicate a positive outlook for the company into the coming year.
During the Earnings Call held on November 14, 2017, S. Parikh Mars (CEO), discussed avenues of expansion and advancement for the company during the coming year. In addition to record breaking sales, the company has been successful in its efforts to upgrade its OTCMarkets listing tier to OTCQB. The sales reported are recognized from diversified revenue streams and ongoing development of the Company’s portfolio of healthcare services. Innovation is also a factor as the company launched numerous new and exciting programs in 2017, such as its tele-pharmacy platform.
“2017 was a year of accomplishment and we are proud of all that this company has achieved,” stated S. Parikh Mars, CEO. "Reaching $20 million in sales was a challenge this year given the ever changing climate in the healthcare industry. However, we have elevated our level of service and secured our footing for continued growth and expansion in 2018. We now embark on a new set of ambitious goals for the year. Our hard work and dedication will continue to drive us as we prepare for many possible and exciting outcomes.”

S. Parikh Mars, CEO of Progressive Care Inc., Provides Progress Report and Outlook for Investors in New Audio Interview at SmallCapVoice.com
www.otcmarkets.com/stock/RXMD/news/S--Parikh-Mars--CEO-of-Progressive-Care-Inc---Provides-Progress-Report-and-Outlook-for-Investors-in-New-Audio-Interview-at-SmallCapVoice-com?id=179764&b=y
AUSTIN, Texas, Jan. 08, 2018 (GLOBE NEWSWIRE) -- SmallCapVoice.com, Inc. (SCV) and Progressive Care Inc. (The “Company”) (OTCQB:RXMD), today announced that a new audio interview with the Company is now available. The interview can be heard at https://smallcapvoice.com/blog/1-4-18-smallcapvoice-interview-with-progressive-care-inc-rxmd.
S. Parikh Mars, CEO, called in to SmallCapVoice.com to discuss the business model and markets for the company, the recent news and milestones achieved in 2017, what investors can expect from the Company in 2018, and more. In December 2017 the Company announced over $1.7 million in net revenues on nearly 21,000 prescriptions filled in November 2017. A major corporate milestone was also achieved in December as the Company was listed on a higher exchange, the OTC QB.
In the interview, Ms. Mars stated, “As experts in the pharmacy space, we market ourselves primarily to healthcare providers who are looking for pharmacies who they can recommend to their patients knowing that their patients will be well taken care of. We understand that the leading cause of ER visits and readmissions stems from a failure to adhere to a medication regiment and that affects healthcare costs and bottom lines across the healthcare system. By managing this risk, we deliver approved health outcomes to patient and lower health care costs to providers and insurance companies. This has allowed us to develop a solid reputation as a five-star pharmacy which has been a primary driver of increased sales and growth.”
For the video version of this interview, please visit

.
SmallCapVoice.com is a recognized corporate investor relations firm, with clients nationwide, known for its ability to help emerging growth companies build a following among retail and institutional investors. SmallCapVoice.com utilizes its stock newsletter to feature its daily stock picks, audio interviews, as well as its clients' financial news releases. SmallCapVoice.com also offers individual investors all the tools they need to make informed decisions about the stocks they are interested in. Tools like stock charts, stock alerts, and Company Information Sheets can assist with investing in stocks that are traded on the OTC BB and Pink Sheets. To learn more about SmallCapVoice.com and their services, please visit http://smallcapvoice.com/blog/the-small-cap-daily-small-cap-newsletter/.

Progressive Care Announces Uplist to OTCQB
http://www.otcmarkets.com/stock/RXMD/news/Progressive-Care-Announces-Uplist-to-OTCQB?id=177041&b=y
MIAMI, Dec. 04, 2017 (GLOBE NEWSWIRE) -- Progressive Care Inc. (OTC PINK:RXMD), through its subsidiaries Smart Medical Alliance, Inc. and PharmCo, LLC, is a South Florida health services organization and provider of prescription pharmaceuticals, compounded medications, the sale of anti-retroviral medications, medication therapy management (MTM), the supply of prescription medications to long term care facilities, administration and practice management, utilization management, quality assurance, EHR Implementation, billing and coding, and health practice risk management, announces OTC Markets approval for uplist to OTCQB effective December 5, 2017.
As of Tuesday, December 5 2017, Progressive Care will trade on OTCQB Venture Market for early stage and developing U.S. and international companies. The Company received approval for the change in listing tier after supplying OTC Markets with all mandatory documents and information, adding independent board members, adding a majority independent audit committee, and providing audited financial statements for 2016. Investors can still find Real-Time quotes and market information for the Company on www.otcmarkets.com (OTCQB:RXMD).
“We have been preparing for this moment since the requirements for OTCQB were announced earlier this year,” stated S. Parikh Mars, CEO. “We continue to take pride in delivering current and complete information to the public and we believe that the change in listing tier will bring our company to a fresh audience and a new level of investor confidence. We are excited to begin rounding out the year on such a positive note.”