Bard AI:
Progressive Care Inc. is a healthcare management company headquartered in Miami, Florida. It was founded in 2004 and is traded on the OTCQB Markets under the ticker symbol RXMD. The company provides a variety of healthcare services, including medication therapy management (MTM), pharmacy services, and health practice risk management. Progressive Care Inc. has over 200 employees and operates in 10 states.
In 2022, Progressive Care Inc. reported total revenue of $40.6 million, an increase of 5% from the previous year. Prescription revenue increased by 7% to $36.3 million, and 340B contract revenue increased by 100% to $3.8 million. The company's debt interest rate was reduced by 5% in 2022.
Progressive Care Inc. is a leading provider of MTM services in the United States. The company's MTM program is designed to improve patient outcomes and reduce healthcare costs. Progressive Care Inc.'s MTM program has been recognized by several organizations, including the National Council for Prescription Drug Programs (NCPDP) and the American Pharmacists Association (APhA).
Progressive Care Inc. is a well-established healthcare management company with a solid financial foundation. The company is a leader in the MTM market and is well-positioned for continued growth in the future.
Here are some of the company's key services:
Medication therapy management (MTM): Progressive Care Inc.'s MTM program is designed to improve patient outcomes and reduce healthcare costs. The program includes medication reviews, medication adherence counseling, and patient education.
Pharmacy services: Progressive Care Inc. provides a variety of pharmacy services, including prescription filling, medication delivery, and specialty pharmacy services.
Health practice risk management: Progressive Care Inc. provides health practice risk management services to help healthcare providers protect themselves from financial losses. These services include risk assessment, insurance placement, and claims management.
If you are looking for a healthcare management company with a solid track record of success, Progressive Care Inc. is a good option to consider. The company has a wide range of services to offer, and its MTM program is one of the best in the industry.
