Progressive Care Inc (fka RXMD)

[TheSerb]

Progressive Care Inc. Announces April Sales & Record Breaking Month
BY GlobeNewswire
— 8:00 AM ET 05/21/2019
MIAMI, May 21, 2019 (GLOBE NEWSWIRE) -- Progressive Care Inc. ( RXMD
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) , a personalized healthcare services and technology company, today announced further growth year-over-year in revenue and number of prescriptions filled for April 2019 and a record month for PharmCo revenue in Palm Beach, which increased at 100%.

In April, the company reported a total of $1.935 million in net revenue, a 17% increase from the same month last year, and a 30% increase in prescriptions filled during the same month last year, totaling nearly 28,725 prescriptions filled. Both PharmCo locations had 15% growth in prescription counts compared to April last year.

“Progressive Care’s April sales and prescription numbers are directly attributed to increased sales derived from marketing activities promoting risk management, medication adherence management, and superior pharmacy performance metrics to Physicians Practices and Management Services Organizations,” said S. Parikh Mars, Chief Executive Officer of Progressive Care Inc. ( RXMD
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) “We are confident that our company will continue to grow with more record-breaking months by providing our customers with top-quality healthcare management services.”

For more information about Progressive Care ( RXMD
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), please visit the company’s website.

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