Replies to post #77725 on Progressive Care Inc (fka RXMD)

[ndww42]

They did over 1.9M which is more than Feb last year. They brought in $450k in prescriptions for 340B which was a huge increase in itself. Due the way the accounting works under GAAP, they don't wrap in the 340B revenue into the overall revenue. It has to do with the way the deductibles work as well as noted in the PR. This is seasonal in nature and they are reimbursed fees back in the Fall. There were recent regulation changes as of last spring. They are obviously diversified and growing revenue streams in other areas.

[JohnCM]

It was answered here, today.