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    pharmaceutical investing

    Progressive Care Reports 20% Increase in Year over Year Prescriptions Filled During March 2018

    Gabrielle Lakusta
    Apr. 13, 2018 08:44AM PST
    Pharmaceutical Investing

    Progressive Care (OTCQB:RXMD), a healthcare services and technology company, announced increased prescriptions filled and revenue for March 2018. As quoted in the press release: PharmCo, LLC filled over 22,800 prescriptions during the month of March, generating nearly $1.9 million in net revenues. Prescriptions filled and revenues increased by 20% and 5% respectively compared to the …

    Progressive Care (OTCQB:RXMD), a healthcare services and technology company, announced increased prescriptions filled and revenue for March 2018.

    As quoted in the press release:

    PharmCo, LLC filled over 22,800 prescriptions during the month of March, generating nearly $1.9 million in net revenues. Prescriptions filled and revenues increased by 20% and 5% respectively compared to the same month last year. Revenues and prescription counts continue to increase as the Company promotes its proactive patient engagement model to doctor’s offices and clinics keen to lower healthcare costs and provide quality service to their patients. The company also filled over $470,000 worth of prescriptions on behalf of 340B entities (not included in Net Revenues) in February, generating fees to the pharmacy of approximately $20,000 which is over a 200% increase over the same month last year.

    Click here to read the full press release.

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