Progressive Care Inc (fka RXMD)

[Danny 10]

RXMD’s plan is way beyond just making money from innocent elders and drug addicts, they plan on changing the way pharmacies and hospitals treat people, not like numbers, but like actual people with problems and feelings.
If you know anything about making money you may be thinking of the old saying “nice guys finish last” and RXMD are the nice guys so they’re going to finish last.
The thing is, RXMD has taken their time developing their plan of being helpful rather than greedy and yes it is a slower path than the greedy path but I for one support their plan because of it’s morality but also because they are pioneering the way of the future and pioneers usually make the most money, so I’m willing to be patient.
On the point you made in your post, my reply is this. “Volume” trumps “Margin”, the plan that RXMD intiated a few years back was to create a more personal, safe and cost effective approach to prescription disbursement and that has led to incredible volume of those prescription disbursements. Volume continues to increase on a monthly/yearly basis and they are only scratching the surface in one State, they will continue to grow in Florida and have the infrastructure in place to expand into other states.
RXMD’s plan not only gives it’s clients the personal touch but it also SAVES MONEY for insurance companies and governments.
RXMD’s margins may have dipped and may never recover but as they’ve proven, in a relatively short time, their volumes are increasing at a rate that usurpes those lower margins.
As I said, “Volume trumps Margin”