Progressive Care Inc (RXMD): RXMD is in fact different. Many indepen...

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Progressive Care Inc (RXMD)

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Re: Stocked55 post# 113443

Wednesday, 03/13/2019 10:30:02 AM

Wednesday, March 13, 2019 10:30:02 AM

RXMD is in fact different. Many independent pharmacies are indeed having trouble competing and selling for cheap. RXMD has avoided that by establishing a valuable institutional network with hospitals, nursing homes, and insurance companies (specifically Humana). They qualify for preferred pricing and reimbursements by meeting quality standards in service, care, and documentation. RXMD is developing into a name brand with these initiatives and expanding market with more locations and larger geographic footprint.

Everything they are doing is in fact different from your typical corner RX that sells for pennies because they operate like a gas station drawing people in with a need but making money on the markup for conveniences.

RXMD is an RX company with an RX business model that works. That's why they are buying locations and not selling them.

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Recent RXMD News

Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/15/2024 07:54:25 PM
Form 8-K - Current report • Edgar (US Regulatory) • 05/15/2024 04:38:35 PM
Form 8-K - Current report • Edgar (US Regulatory) • 11/14/2023 04:16:29 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/23/2023 01:40:42 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/23/2023 01:34:02 PM
Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 10/23/2023 01:20:59 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/20/2023 04:05:24 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/20/2023 04:04:51 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/15/2023 01:40:09 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/15/2023 01:37:47 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/15/2023 01:35:39 PM
Form 8-K - Current report • Edgar (US Regulatory) • 08/14/2023 04:14:11 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/11/2023 08:54:39 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/11/2023 08:51:22 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/11/2023 08:49:13 PM
Form 8-K - Current report • Edgar (US Regulatory) • 07/21/2023 07:30:25 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/30/2023 09:34:34 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/30/2023 09:33:46 PM

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