Progressive
Care Inc. Announces Record-Breaking November
2018
Miami,
FL -- December 12, 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 a
record-breaking number of prescriptions filled for November
2018.
In
November, the company reported a total of $1.85 million in net
revenue, a 7% increase from the same month last year, and a 40%
increase in prescriptions filled during the same month last year,
totaling nearly
31,500
prescriptions
filled. The
Company's Miami location filled a record number of prescriptions
during the month of November
2018
at over 29,000 prescriptions.
"November was a big month for
us. Progressive Care broke records on prescription filling
and is moving
forward on major initiatives," said S. Parikh Mars, CEO of
Progressive Care. "In November, we began the
process of securing ownership of our first property, issuing an LOI
for our next acquisition, focusing our efforts on
promotion and development of our Tele-PharmCo platform, and
accelerating the growth of our core business. We are confident that our high
standards for patient service and value-added healthcare
management offerings will lead to continued growth
for 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:
Kathleen
Gonzales, CMW
Media
Kathleen@cmwmedia.com
www.cmwmedia.com
Web and Application Development Contact:
Marcello Jaspan,
Mass Ventures Corp
Marcello@massventurescorp.com
www.massventurescorp.com