Progressive Care Inc (RXMD)

[TheSerb]

Progressive Care Inc. Announces $3.7 Million Gross Revenue for August 2019
BY GlobeNewswire
— 8:00 AM ET 09/24/2019
MIAMI, Sept. 24, 2019 (GLOBE NEWSWIRE) -- Progressive Care Inc. ( RXMD
Loading...
Loading...
) , a personalized healthcare services and technology company, today announced further growth year-over-year in revenue and number of prescriptions filled for August 2019.

August 2019 sales continued to increase with $3.7 Million in gross revenue and approximately 47,000 prescriptions filled between the 4 locations in Florida. Gross revenue does not include PBM clawbacks for DIR or other fees. Revenues increased by 94% over the same month last year and prescriptions filled increased 62%. These increases are attributable to the acquisition of FPRX in June 2019 as well as organic growth in same store operations.

“The Company continues to excel in the pharmacy industry,” said S. Parikh Mars, Chief Executive Officer of Progressive Care Inc. ( RXMD
Loading...
Loading...
) “Although we are proud of our overall achievements this year, there is still urgency to do better and realize the true potential of this enterprise. We are focused on delivering innovative solutions to healthcare market and look to capitalize on strategic and transformative relationships.”

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

Connect and stay in touch with us on social media:

Progressive Care Inc. ( RXMD
Loading...
Loading...
)
https://www.facebook.com/ProgressiveCareUS/
https://twitter.com/ProgressCareUS

PharmCo, LLC
https://www.facebook.com/pharmcorx/
https://twitter.com/PharmCoRx