Progressive Care Schedules Investor Conference Call for May 15th, 2018

It’s been a very eventful and very successful three months…,” stated S. Parikh Mars, CEO. “We respect the importance of open communication, and enjoy keeping investors up to date on Company developments through these ongoing quarterly calls.” On the call, S. Parikh Mars, Progressive Care Inc. CEO, will address:
• An overview of the Company’s Q1 2018 financial results
• Company and industry trends and developments
• Status updates on 2018 initiativesTo access the call:
Dial-In Number: 1-857-232-0157
Access Code: 422095
In addition, interested parties have the opportunity to submit questions concerning the Company prior to the call to Stuart Smith at SmallCapVoice.Com, Inc. via email: ssmith@smallcapvoice.com by 3:00 PM eastern standard time on Monday, May, 14th, 2018. Mr. Smith will compile a list of questions and submit them to the Company prior to the conference call. Which questions will be addressed will be based on the relevance to the shareholder base, and the question’s appropriateness in light of public disclosure rules.

 



Pain Management Alternatives To Opioids, Part 3

Each pain type, severity, and unique patient condition requires a specialized approach whereby all options are explored before an opioid is deemed necessary. This methodology will help patients achieve primary relief and preserved functionality without putting them at unnecessary risk. The right pharmacy partner will make the difference as pharmacists, those specially trained in pharmacology are often the missing link and an obvious vital resource for doctors struggling to deliver solutions. It takes time, patience, and expertise to get it right, but the cost of cutting corners is already evident. Read More

Pain Management Alternatives To Opioids, Part 2

Taken by themselves, each state has relatively common solutions. Dependency would entail a managed withdrawal and introduction of effective medicinal alternatives. Addiction would require rehabilitation. However, dependence and addiction often exist at the same time. Most patients who are opioid dependent are also addicted, which is a much more difficult situation to solve. Read More

Pain Management Alternatives To Opioids, Part 1

Although it’s impossible to escape news of the opioid epidemic, we haven’t heard the whole story. At Progressive Care, I’ve met patients from all walks of life and witnessed firsthand the caustic consequences of opioid misuse and abuse. The opioid epidemic is a deeply emotional and complicated issue. In this three-part series, we’ll explore the causes, obstacles, and solutions to the over-prescribing of opioid medications. Read More

The Secret Weapon For Improving Clinical Outcomes And Driving Down Health Care Costs

Armen Karapetyan - General Manager RXMDIt is clear that adherence is one of the most important keys to driving down health care costs and improving health outcomes. Adherence means taking a medication as prescribed consistently: right medication, at the right dose, and at the right time. According to a study by Mayo Clinic, 50% of patients are non-adherent which means that for 50% of patients on a chronic condition medication, doses are missed, taken improperly or not taken at all. Non-adherence costs the U.S. 2.3% of GDP or $290 Billion. Read More

Disclosure & Financial Reports

PublishedTitlePeriod EndStatus
05/14/2018Quarterly Report - CONSOLIDATED FINANCIAL STATEMENTS FOR THE QUARTER ENDED MARCH 31, 2018 (UNAUDITED)03/31/2018A
03/30/2018Officer/Director/Affiliate Stock Transactions - Officer/Director/Affiliate Stock Transactions03/30/2018A
03/30/2018Notice of Change in Substantial Holder Interest - Notice of Change in Substantial Holder Interest03/30/2018A
03/21/2018Annual Report - CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2017 (AUDITED)12/31/2017A
11/14/2017Quarterly Report - CONSOLIDATED FINANCIAL STATEMENTS FOR THE QUARTER ENDED SEPTEMBER 30, 2017 (UNAUDITED)09/30/2017A
10/25/2017OTCQB Certification - OTCQB Certification12/31/2016A
08/14/2017Quarterly Report - Quarterly Report - CONSOLIDATED FINANCIAL STATEMENTS FOR THE QUARTER ENDED JUNE 30, 2017 (UNAUDITED)06/30/2017A
05/15/2017Quarterly Report - CONSOLIDATED FINANCIAL STATEMENTS FOR THE QUARTER ENDED MARCH 31, 2017 (UNAUDITED)03/31/2017A
03/31/2017Annual Report - CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2016 (AUDITED)12/31/2016A
11/21/2016Quarterly Report - ONSOLIDATED FINANCIAL STATEMENTS FOR THE QUARTER ENDED SEPTEMBER 30, 2016 (UNAUDITED)09/30/2016A
11/11/2016Notification of Late Filing - Quarterly Report September 30, 201609/30/2016A
08/15/2016Quarterly Report - CONSOLIDATED FINANCIAL STATEMENTS FOR THE QUARTER ENDED JUNE 30, 2016 (UNAUDITED)06/30/2016A
05/15/2016Quarterly Report - CONSOLIDATED FINANCIAL STATEMENTS FOR THE QUARTER ENDED MARCH 31, 2016 (UNAUDITED)03/31/2016A

Headlines

Progressive Care Inc. Announces Month-End Sales Figures Showing Increase in Year-Over-Year Prescriptions Filled in June 2018

Progressive Care’s wholly owned subsidiary PharmCo, LLC has seen an 18.75% increase in prescriptions filled over the same month last year, totaling approximately 22,500 prescriptions. In addition to decreasing reimbursement rates, many medications (pain treatment alternatives in particular) have been removed from formularies leading to medications not being covered in their entirety or covered for severely restricted doses.

Tue, 17 Jul 2018 12:00:00 +0000

Progressive Care Launches New Discharge(RX) Program to Improve Engagement Between Patients and Hospitals

Progressive Care Inc. (RXMD), a personalized healthcare services and technology company, today announced the launch of its new proprietary patient engagement program, DischargeRX, designed to ensure that hospital patients are receiving the best transitional care while preserving vital hospital resources. According to a 2017 study published in the Journal of the American Pharmacists Association, up to 26% of hospital readmissions are medication-related, creating a much-needed opportunity for a program to be created that is proactive towards patient engagement. Through Progressive Care’s wholly owned subsidiaries, DischargeRX will provide hospitals with much needed support in preventing unnecessary and costly hospital readmissions.

Tue, 10 Jul 2018 12:00:00 +0000

S. Parikh Mars, CEO of Progressive Care Inc., Discusses Recent Company and Industry News in a New Audio Interview with SmallCapVoice.com

AUSTIN, Texas, July 03, 2018-- SmallCapVoice.com, Inc. and Progressive Care Inc., a personalized healthcare services and technology company, announced today that the Company is featured in a new audio ...

Tue, 03 Jul 2018 12:00:00 +0000

Progressive Care Completes Acquisition of Touchpoint Pharmacy Expanding Company Footprint and Market Opportunity

Progressive Care Inc. (RXMD), a personalized healthcare services and technology company, today announced that it has completed the acquisition of a Touchpoint pharmacy in Palm Beach County. This second location will facilitate the company’s growth by expanding the delivery radius of Progressive Care’s pharmacy operations to now include Miami-Dade, Broward, Palm Beach and Martin County. The new 3,000-square-foot pharmacy facility is located close to major highways and has adequate space to provide the opportunity to develop new processes for long-term care services, compounded medications, medication therapy management, and tele-pharmacy services.

Mon, 02 Jul 2018 13:18:40 +0000

Progressive Care Inc. Signs New Investment Banking Agreement with The Benchmark Company, LLC

Progressive Care, Inc. (RXMD), a personalized healthcare services and technology company, today announced that it has engaged The Benchmark Company, LLC as a financial advisor as it moves forward with the process of re-registration with the U.S. Securities and Exchange Commission and pursues a listing on a national securities exchange. For more information about Progressive Care, please visit the company’s website.

Wed, 27 Jun 2018 12:00:00 +0000

S. Parikh Mars, CEO of Progressive Care Inc., Provides Updates and Insights into Recent Events in a New Audio Interview with SmallCapVoice.com

AUSTIN, Texas, June 21, 2018-- SmallCapVoice.com, Inc. and Progressive Care Inc., a personalized healthcare services and technology company, announced today that the Company is featured in a new audio ...

Thu, 21 Jun 2018 15:43:34 +0000

Progressive Care Inc. Continues to See Strong Prescription Numbers and Overall Revenue in May 2018

Progressive Care Inc. (RXMD), a personalized healthcare services and technology company, today announced further growth year-over-year in both revenue and number of prescriptions filled for May 2018. Progressive Care’s wholly owned subsidiary PharmCo, LLC has seen an 18.75% increase in prescriptions filled over the same month last year, totaling approximately 22,300 prescriptions.

Thu, 14 Jun 2018 12:00:00 +0000

Progressive Care Launches Opioid Alternative Treatment Campaign Aimed at Reaching Millions Affected by the Nationwide Epidemic

Progressive Care Inc. (RXMD), a personalized healthcare services and technology company, today launched a new program designed to educate patients and providers on treatment alternatives to opioids available through the company. Beginning this month and running in digital and social properties, the campaign is targeted to physicians and patients who have been affected by the opioid epidemic and/or interested in receiving pain management information. “As one of the few providers in the nation that offers customized opioid alternative solutions for patients, as well as educates physicians on the current best pain management medicinal therapies and custom compound therapies, Progressive Care has a large opportunity to help alleviate the U.S. opioid epidemic,” said S. Parikh Mars, CEO of Progressive Care.

Tue, 12 Jun 2018 12:00:00 +0000

Progressive Care Installs New TCGRx Pouch Packaging System in Miami

Progressive Care Inc. (RXMD), a personalized healthcare services and technology company, today announced that the company has completed the installation of a TCGRx Automated Pouch Packaging System at its Miami-Dade County PharmCo location. Customarily used in hospital and facility settings, the new TCGRx system makes Progressive Care one of only a few pharmacies in South Florida to offer this kind of packaging to traditional patients. This innovative packaging system also allows the company to offer tailored medication administration solutions to long-term care facilities that often have limited options.

Tue, 05 Jun 2018 12:00:00 +0000

Progressive Care Begins Development of Proprietary Tele-pharmacy Software for Exclusive Use

Progressive Care Inc. (RXMD), a personalized healthcare services and technology company, today announced that the company has started the development of its own proprietary tele-pharmacy software in order to digitally communicate with patients, physicians, pharmacists and caretakers across the world. The move comes as part of Progressive Care’s overall effort to expand its current kiosk program throughout the state of Florida. The company has hired six new software coders to work alongside Mass Ventures Corporation and deliver a state of the art multi-platform technology capable of running on kiosk, desktop, and mobile devices.

Thu, 24 May 2018 12:00:00 +0000

Progressive Care Purchases TCGRx Pouch Packaging System to Add to Expanding Robot Pharmacy Machinery Fleet

Progressive Care Inc. (RXMD), a personalized healthcare services and technology company, today announced that the company has purchased a new TCGRx Automated Pouch Packaging System for its Miami-Dade County PharmCo location, which is to be installed in the beginning of June 2018. Progressive Care’s wholly owned subsidiary, PharmCo, LLC located in Miami Beach, will be one of the first in South Florida to offer patients the benefit of this new packaging system that allows for patients to receive customized dosage pouches according to their daily prescription needs. “We understand that patients continue to struggle with taking their medications on time and as prescribed and one of our core missions is to eliminate the obstacles patients experience that lead to non-adherence,” said S. Parikh Mars, CEO of Progressive Care Inc. “This machine, along with our PharmCo Medication Synchronization Program, allows us to streamline and personalize the format in which we disburse prescriptions.

Tue, 22 May 2018 12:00:00 +0000

Progressive Care Reports 30% Increase in Year-over-Year Prescriptions Filled During April 2018

Progressive Care Inc. (RXMD), a personalized healthcare services and technology company, today announced that the company experienced continued year-over-year growth in its revenue and number of prescriptions filled in the month of April 2018. Wholly-owned subsidiary PharmCo, LLC filled approximately 22,000 prescriptions during the month of April, which is an increase of 30% over the same month last year. This resulted in the generation of nearly $1.6 million in net revenues, which is an increase of 7% year-over-year.

Thu, 17 May 2018 12:00:00 +0000

Progressive Care Inc. Reports Largest Single Revenue Quarter in Company History

Progressive Care Inc. (RXMD), a healthcare services and technology organization providing prescription pharmaceuticals, compounded medications, health risk management and tele-pharmacy services, today announced financial results for the quarter ending March 31, 2018, and provided an overview of recent operational highlights along with updates on the Company’s strategies. The Company dispensed a total of 64,000 prescriptions in Q1, a 24% increase over Q1 2017. Revenue for the month of March 2018 was the largest single month in the Company’s history, totaling $1.9 million.

Tue, 15 May 2018 12:00:00 +0000

Progressive Care Inc. Selects CMW Media as New Public Relations Agency of Record

Progressive Care Inc. (RXMD), a healthcare technology services organization and provider of prescription pharmaceuticals, compounded medications and tele-pharmacy services, today announced it will partner with CMW Media as its public relations agency of record. The decision comes as part of Progressive Care’s overall effort to expand marketing and communications activities for the company and all subsidiaries. CMW Media, a San Diego-based public relations agency specializing in publicly traded companies in emerging markets, will provide overall strategic communications planning and traditional media relations.

Fri, 11 May 2018 12:30:00 +0000

Progressive Care Schedules Investor Conference Call for May 15th, 2018

MIAMI, May 10, 2018-- Progressive Care Inc., a healthcare services and technology company, is pleased to announce that the Company has scheduled an investor conference call at 4:30 PM ET on Tuesday, May ...

Thu, 10 May 2018 15:29:25 +0000

Progressive Care Updates Shareholders on the Status of Naked Shorts

Progressive Care Inc. (RXMD), a healthcare services and technology company, updates shareholders that it is no longer on the Regulation SHO watch list with OTCMarkets. The Company recently began taking action to alleviate pressure caused by naked short positions in the Company’s stock. The Company contacted a number of broker/dealers, clearing firms, and reached out to FINRA’s Division of Market Regulation about the problem naked shorting is causing in the market for the Company’s securities.

Tue, 01 May 2018 13:12:28 +0000

Progressive Care: PharmCo Rolls Out Online Prescription Application

MIAMI, April 24, 2018-- Progressive Care Inc., a healthcare services and technology company, announced roll out of its online prescription management solution.. Patients of PharmCo’ s can now visit www.pharmcopharmacy.com ...

Tue, 24 Apr 2018 16:47:08 +0000