Progressive
Care Inc. Announces
Record-Breaking
October
2018
MIAMI,
FL -- November 20,
2018
-- InvestorsHub NewsWire -- Progressive
Care Inc. (OTCQB:
RXMD),
a personalized
healthcare
services and technology company,
today announced further
growth year-over-year in revenue and record-breaking
number
of prescriptions filled for October
2018.
In
October,
the company reported a total of $1.9
million
in net revenue, a 10%
increase from the same month last year, and %
increase in prescriptions filled 03a
during
the same month last year, totaling more
than 31,000
prescriptions
filled.
Progressive Care's
wholly owned
subsidiary
PharmCo, LLC reported a 30% increase in prescriptions
filled over the same month last year, totaling more than
28,300
prescriptions. The
company's newest PharmCo facility, Touchpoint Rx
(dba
PharmCo Rx 1002), reported 2700 prescriptions filled during the
month of October and nearly $100,000 in revenue.
"We are delighted to announce a
record-breaking increase in prescriptions filled in October, which
defies the trend many other pharmacies are seeing right now," said
S. Parikh Mars, CEO of Progressive Care. "October also saw the
noteworthy beta launch of our
proprietary tele-pharmacy platform,
Tele-PharmCo, which we trust will
revolutionize the way pharmacies connect with patients, and we
couldn't be more thrilled to begin rolling the platform
out
in
hospital
kiosks and clinics
during
the coming months.
We are committed to making patient experiences as personalized and
efficient as possible, and
look forward to
continue building out our technology offering through the rest of
2018 and into 2019. We trust our high standards for patient service
and diverse range of services offered will lead to continued growth
and many more record-breaking months to
come."
For
more
information about Progressive Care, please visit the
company's
website.
Connect and stay in touch with
us on social media:
Progressive Care Inc.
https://www.facebook.com/ProgressiveCareUS/
https://twitter.com/ProgressCareUS
PharmCo, LLC
https://www.facebook.com/pharmcorx/
https://twitter.com/PharmCoRx
About Progressive Care Inc.
Progressive Care
Inc. (OTCQB:
RXMD), through its PharmCo, LLC, is a South Florida health
services organization and provider of prescription pharmaceuticals,
compounded medications, provider of tele-pharmacy services, the
sale of anti-retroviral medications, medication therapy management
(MTM), the supply of prescription medications to long term care
facilities, and health practice risk management.
Cautionary Statement Regarding Forward Looking Statements
Statements
contained herein that are not based upon current or historical fact
are forward-looking in nature and constitute forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933 and Section 21E of the Securities Exchange Act of 1934.
Such forward-looking statements reflect the Company's expectations
about its future operating results, performance and opportunities
that involve substantial risks and uncertainties. These statements
include but are not limited to statements regarding the intended
terms of the offering, closing of the offering and use of any
proceeds from the offering. When used herein, the words
"anticipate," "believe," "estimate," "upcoming," "plan," "target,"
"intend" and "expect" and similar expressions, as they relate to
Progressive Care Inc., its subsidiaries, or its management, are
intended to identify such forward-looking statements. These
forward-looking statements are based on information currently
available to the Company and are subject to
a number of
risks, uncertainties, and other factors that could cause the
Company's actual results, performance, prospects, and opportunities
to differ materially from those expressed in, or implied by, these
forward-looking statements.
Investor Relations Contact:
Armen
Karapetyan, Progressive Care
Senior Advisor
Business Development
Armen@progressivecareus.com
www.progressivecareus.com
www.pharmcopharmacy.com
Public Relations Contact:
Tory
Patterson, CMW Media
Tory@cmwmedia.com
www.cmwmedia.com
Web and Application Development Contact:
Marcello Jaspan,
Mass Ventures Corp
Marcello@massventurescorp.com
www.massventurescorp.com