News Releases
Progressive Care Inc. Announces Record Full Year 2023 Results with Revenues of $49.7 Million, an Increase of 22% with Annual Gross Margins of 30%
Results Driven by 17% Increase in Pharmacy Prescription Revenue and Over 136% Growth in 340B Contract Services Revenue
April 11, 2024
Progressive Care’s PharmcoRx Pharmacies Expands Medicare Advantage Over-the-Counter Benefits AcceptanceProgram Through New Agreement with ProHealth Connect
Program Expands PharmcoRx’s Ability to Provide Patient Access to Supplemental Health Insurance Benefits for the In-Pharmacy Purchase of Over-the-Counter Products
December 14, 2023
PharmcoRx Pharmacy Launches Mark Cuban Cost Plus Drug Program Expanding Its In-Pharmacy Offerings
Miami, FL – November 27 – PharmcoRx Pharmacy, a wholly-owned subsidiary of Progressive Care Inc (OTCQB: RXMD), today announced its expansion of in-pharmacy offerings through an agreement with the Mark Cuban Cost Plus Drug Company (“Cost PlusDrugs”). The Cost Plus Drugs program allows participating patients the ability to purchase generic and branded medicines at their cost plus a low fixed markup.
November 27, 2023
Progressive Care’s PharmcoRx Enters into Agreement with NationsBenefits to Offer Enhanced OTC Benefits to Health Plan Members
Latest OTC Program Expands PharmcoRx Pharmacy’s Ability to Provide Patients with Access to Additional Healthcare Benefits Covered by Medicare Advantage Plans
November 20, 2023
Progressive Care Inc. Announces Record Third Quarter 2023 Revenues of $12.4 Million, an Increase of 22%, as Gross Margins Improve to 31% Over Third Quarter 2022 Results
Progressive Care Inc. (OTCQB: RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology provider, today announced financial results for its third quarter ended September 30, 2023. The Company reported record third-quarter revenues of $12.4 million, a 22% increase in comparison to the prior year period, driven primarily by strong growth at its PharmcoRx pharmacies.
November 14, 2023
Progressive Care Inc. Announces Record Second Quarter 2023 Results with Revenues of $11.6 Million and Gross Margins of 31%
340B Contract Revenue Drives Quarterly Top-Line Growth as Operating Income Reaches Record Levels
August 14, 2023
Progressive Care Inc. Announces First Quarter 2023 Financial Results of Record Quarterly Total Revenues of $11.4 Million
‍Miami, FL – May 12, 2023 – Progressive CareInc. (OTCQB: RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology provider, today announced financial results for the first quarter ended March 31, 2023. The Company experienced record quarterly total revenues of $11.4 million, a 13% growth from the prior year period.
May 12, 2023
Progressive Care Inc. Announces Additional $1 Million Investment fromNextPlat Corp.
Miami, FL – May 11, 2023 – Progressive CareInc. (OTCQB: RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology provider, today announced that it has successfully completed a transaction of $1 million investment from NextPlatCorp (NASDAQ: NXPL, NXPLW) (“NextPlat”), a global e-commerce provider.
May 11, 2023
Progressive Care Inc. Announces 2022 Annual Financial Results; $40.6 million Total Revenue
‍Miami, FL – April 3, 2023 – Progressive Care Inc. (OTCQB: RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology provider, today announced financial results for the year ended December 31, 2022. Total revenue increased to $40.6 million, a 5% growth from the prior year. 2022 Annual Financial Highlights (at or for the year ended December 31, 2022, as compared to at or for the year ended December 31, 2021)
April 3, 2023
PROGRESSIVE CARE, INC. ANNOUNCES REVERSE STOCK SPLIT AND WILL TRADE UNDER TEMPORARY SYMBOL “RXMDD”
Progressive Care Inc. (OTCQB: RXMD and RXMDD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, announced today that its Board of Directors approved a 1-for-200 reverse stock split of its common stock shares and that the common stock shares will begin trading on a split-adjusted basis at the commencement of trading on December 30, 2022. The common stock shares will trade on the OTCQB markets under the symbol “RXMDD”. After 20 days, the symbol will revert to “RXMD”. The Board of Directors also approved a change in the authorized common stock shares from one billion (1,000,000,000) to one hundred million (100,000,000) common stock shares.
December 30, 2022
Progressive Care Reports Third Quarter 2022 Financial Results and Appointment of Charles M. Fernandez as New Chief Executive Officer
Miami, FL – November 15, 2022 – Progressive Care Inc. (OTCQB: RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology provider, today announced financial and operational results for the three months ended September 30, 2022, and appointment of Charles M. Fernandez as the new Chief Executive Officer.
November 15, 2022
Progressive Care Announces Integration with Salesforce
MIAMI, FL – November 9, 2022 – Progressive Care Inc. (OTCQB: RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, is pleased to announce it has chosen the Salesforce Customer 360 cloud to support initiatives in key business areas including retail, 340B, long-term care, and third-party administration (TPA) services.
November 9, 2022
Progressive Care Announces Shareholder Conference Call and Business Update on November 14, 2022
MIAMI, November 8, 2022 - Progressive Care Inc. (OTCQB: RXMD), a personalized healthcare services and technology company (the “Company” or “Progressive Care”), is pleased to announce that the Company has scheduled an investor conference call at 4:30 PM ET on Monday, November 14th, 2022.
November 8, 2022
Progressive Care Launches Native Remote Patient Monitoring Mobile App and Physician Portal to Remotely Manage Chronic and Transitional Care
MIAMI, FL – November 1, 2022 – Progressive Care Inc. (OTCQB: RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, is excited to announce the launch of Remote Patient Monitoring (“RPM”) PharmcoMyRPM, a mobile app and patient portal, and PharmcoRPM, a web portal to help providers remotely manage patients’ chronic disease and transitional care.
October 31, 2022
MedAvail Announces Technology Partnership with Progressive Care, Inc
MIAMI & MISSISSAUGA, Ontario & PHOENIX--(BUSINESS WIRE)-- MedAvail Holdings, Inc. (Nasdaq: MDVL) (“MedAvail”) a technology-based retail pharmacy company, and Progressive Care Inc. (OTCQB: RXMD) ("Progressive Care”) a personalized healthcare services and technology company, are excited to announce a technology agreement to deploy five MedAvail MedCenters in Florida.
October 26, 2022
Progressive Care Subsidiary ClearMetrX Launches 340MetrX Platform to Help Streamline 340B Program and Increase Claim Capture
MIAMI, FL – October 6, 2022 – Progressive Care Inc. (OTCQB:RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, is excited to announce the launch of its 340Metrx Platform to help 340B covered entities increase the number of 340B qualified claims and program savings while supporting compliance efforts.
October 6, 2022
Progressive Care Announces New Chairman and Vice-Chairman of the Board
MIAMI, FL – September 15, 2022 – Progressive Care Inc. (OTCQB: RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, is pleased to announce the appointments of Charles M. Fernandez as its new Chairman of the Board and Rodney Barreto as Vice-Chairman of the Board effective September 13, 2022.
September 15, 2022
Progressive Care Announces Completion of Strategic Transaction with NextPlat
MIAMI, FL – September 6, 2022 – Progressive Care Inc. (OTCQB:RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, is excited to announce that it has successfully completed a recapitalization of its debt and a strategic investment by NextPlat Corp. (“NextPlat”) (NASDAQ:NXPL). Dawson James Securities Inc. (“Dawson”) served as the placement agent for this transaction.
September 5, 2022
Progressive Care Enters into an Agreement with NextPlat for Significant Strategic Investment and Debt Restructuring
MIAMI, FL – August 31, 2022 – Progressive Care Inc. (OTCQB:RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, is excited to announce that it has entered into an agreement for a recapitalization of its current debt and a strategic investment by NextPlat Corp. NASDAQ: NXPL (“NextPlat”).
August 31, 2022
Progressive Care Reports Second Quarter 2022 Results Highlighted by 4% Growth to $10.0 Million in Revenue
Miami, FL – August 12, 2022 – Globe Newswire via NewMediaWire – Progressive Care, Inc. (OTCQB: RXMD) (the “Company”), a personalized healthcare services and technology provider, today announced financial and operational results for the three and six months ended June 30, 2022.
August 12, 2022
Progressive Care Announces Launch of New Logo as it Continues to Upgrade and Strengthen Its PharmcoRx Brand
Progressive Care Inc. a personalized healthcare services and technology company is excited to announce the redesign and launch of a new logo for their data-driven pharmacy brand.
August 7, 2022
Progressive Care Announces Shareholder Conference Call and Business Update on August 11, 2022
MIAMI, August 5, 2022 - Progressive Care Inc. (OTCQB: RXMD), a personalized healthcare services and technology company (the “Company” or “Progressive Care”), is pleased to announce that the Company has scheduled an investor conference call at 4:30 PM ET on Thursday, August 11, 2022.
August 5, 2022
Progressive Care Reports First Quarter 2022 Financial Results Highlighted by 5% Growth in Revenue to $10.1 Million
Adjusted EBITDA increased by approximately 53%, to $101,646 Miami, FL – May 17, 2022 – Progressive Care Inc. (OTCQB: RXMD) (the “Company”), a personalized healthcare services and technology provider, today announced financial and operational results for the three months ended March 31, 2022.
May 17, 2022
Progressive Care to Report First Quarter Financial Results on May 17, 2022
MIAMI, May 13, 2022 - Progressive Care Inc. (OTCQB: RXMD), a personalized healthcare services and technology company (the “Company” or “Progressive Care”), is pleased to announce that the Company has scheduled an investor conference call for 4:30 PM ET on Tuesday, May 17, 2022.
May 13, 2022
Progressive Care Gains Long Term Care Contracts with Major Payors.
MIAMI, FL – May 4, 2022 – Progressive Care Inc. (OTCQB:RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, is excited to announce its long term care division gained all the necessary long-term care contracts with major payors.
May 4, 2022
Progressive Care to Expand into Rapidly Growing Remote Patient Monitoring Market
‍MIAMI, FL – April 27, 2022 – Progressive Care Inc. (OTCQB:RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, is excited to announce its expansion into the rapidly growing multi-billion dollar Remote Patient Monitoring (“RPM”) space.
April 27, 2022
Progressive Care Gains SEC Reporting Status
‍Miami, FL – April 12, 2022 – Globe Newswire via NewMediaWire – Progressive Care, Inc. (OTCQB: RXMD) (the “Company”), a personalized healthcare services and technology provider, today announced that, effective April 11, 2022, its Registration Statement on Form 10 filed with the U.S. Securities and Exchange (the “SEC”) to register its shares of common stock under Section 12(g) of the Securities Exchange Act of 1934 (the “Exchange Act”) became automatically effective.
April 12, 2022
Progressive Care Conference Call May 2022
MIAMI, FL, May 17, 2022 (GLOBE NEWSWIRE) — via – Progressive Care Inc. (OTCQB: RXMD) (the “Company”), a personalized healthcare services and technology provider, today announced financial and operational results for the three months ended March 31, 2022.
March 31, 2022
Progressive Care Reports Full Year 2021 Financial Results Highlighted by $38.9 Million in Revenue
Miami, FL – March 29, 2022 – Globe Newswire via NewMediaWire – Progressive Care Inc. (OTCQB: RXMD) (the “Company”), a personalized healthcare services and technology provider, today announced financial and operational results for the year ended December 31, 2021.
March 29, 2022
Progressive Care Announces 2021 Audited Financial Report Conference Call and Investor Update on March 28, 2022
MIAMI, March 23, 2022 - Progressive Care Inc. (OTCQB: RXMD), a personalized healthcare services and technology company (the “Company” or “Progressive Care”), is pleased to announce that the Company has scheduled an investor conference call at 4:30 PM ET on Monday, March 28, 2022.
March 23, 2022
Progressive Care Strengthens Management Team with Industry Experts
Miami, FL – March 7, 2022 – Globe Newswire via NewMediaWire – Progressive Care Inc. (OTCQB: RXMD) (the “Company”), a personalized healthcare services and technology provider, is pleased to announce the appointment of industry experts, Courtney Thomas as Logistics Manager at PharmcoRx Logistics and Fulfillment Department, and Andreas Grant as Compliance Manager of the PharmcoRx 340B Program.
March 7, 2022
Progressive Care Expands Its Corporate Services with Enhanced COVID-19 Platform Capabilities
Miami, FL – February 16, 2022 – Globe Newswire via NewMediaWire – Progressive Care Inc. (OTCQB: RXMD) (the “Company”), a personalized healthcare services and technology provider, is pleased to announce its expansion into corporate-focused services with enhanced technological capabilities to help businesses manage COVID-19 testing and vaccination in the workplace.
February 15, 2022
Progressive Care Files Form 10 to Become Fully SEC Reporting and Subsequently Uplist to NASDAQ
Miami, FL – February 10, 2022 – Globe Newswire via NewMediaWire – Progressive Care Inc. (OTCQB: RXMD) (the “Company”), a personalized healthcare services and technology provider, today announced that it filed a Form 10 with the U.S. Securities and Exchange Commission (the “SEC”) to register its shares of common stock under Section 12(g) of the Securities Exchange Act of 1934 (the “Exchange Act”).
February 10, 2022
Progressive Care’s PharmcoRx Gains Status as Approved COVID-19 Test Vendor in the U.S. for Travel to Beijing Winter Olympic Games in China
Miami, FL – February 2, 2022 – (GLOBE NEWSWIRE)-via NewMediaWire – Progressive Care Inc. (OTCQB: RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology provider, is pleased to announce that its PharmcoRx subsidiary’s gained status as one of the 35 approved COVID-19 test vendors in the U.S. for travel to the People’s Republic of China (“China”), for the Beijing Winter Olympic Games.
February 2, 2022
Progressive Care Sees 620% Annual Growth in COVID-19 Testing to $4.3 Million Revenue
Miami, FL – February 1, 2022 – Globe Newswire via NewMediaWire – Progressive Care, Inc. (OTCQB: RXMD) (the “Company” or “Progressive Care”), a personalized healthcare services and technology provider, is pleased to announce it has continued to experience strong demand for its COVID-19 testing. Fourth quarter and annual 2021 COVID-19 testing revenue increased 132% and 620%, to $1.4 million and $4.3 million, respectively.
February 1, 2022
Progressive Care Announces Partnership with Leader in Automated Analytics
MIAMI, FL – January 27, 2022 – Progressive Care Inc. (OTCQB:RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, is pleased to announce that the Company has partnered with Aimpoint Digital (www.aimpointdigital.com), a premier Alteryx consulting partner, to accelerate value realization from their analytic investments. Alteryx (www.alteryx.com) is an Analytics Automation company that delivers breakthrough business outcomes via its user-friendly, code-free platform.
January 27, 2022
Progressive Care Chooses Podium to Boost Customer Satisfaction, Efficiency, and Brand Awareness
MIAMI, FL – January 25, 2022 – Progressive Care Inc.(OTCQB:RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, is excited to announce that the company has implemented Podium (www.podium.com), a two-way communication platform, to connect patients and medical offices with the company’s entire support team.
January 25, 2022
Progressive Care Successfully Negotiates Settlement Agreement
MIAMI, FL – January 24, 2022 – Progressive Care Inc. (OTCQB:RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, today announced that on January 20, 2022 (the “Effective Date”), the Company reached an agreement to settle the Company’s demand (the “Company’s Demand”) on December 14, 2021 against two investors, Chicago Venture Partners, L.P. (“CVP”) and Iliad Research and Trading, L.P. (“Iliad,” and together with CVP, the “Investors”), and the response of the Investors to the Company’s Demand received on January 7, 2022 (the “Investors Demand”) as reflected in a complaint they filed against the Company (the “Settlement Agreement”). The Settlement Agreement contains customary terms and conditions and provides for the following in exchange for a mutual release of the Company and the Investors from all alleged claims.
January 24, 2022
Progressive Care Announces Appointment of Two New Board Members to the Company’s Board of Directors
MIAMI, FL – December 22, 2021 – Progressive Care Inc. (OTCQB: RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, is pleased to announce that the Company has appointed Birute Norkute and Joseph Ziegler to join the Company’s Board of Directors.
December 22, 2021
Progressive Care Inc. Announces Results of Special Meeting
MIAMI, FLORIDA, Dec. 9, 2021 (GLOBE NEWSWIRE) – via NewMediaWire -- On December 3, 2021, Progressive Care Inc. (the “Company” or “Progressive Care”) held a special meeting of its stockholders (the “Special Meeting”). The record date for stockholders entitled to notice of, and to vote at, the Special Meeting was November 3, 2021. At the close of business on that date, the Company had 535,430,294 shares of common stock, par value $0.0001 (“Common Stock”) outstanding and 51 shares of Series A Preferred Stock (“Preferred Stock”) outstanding, and entitled to be voted at the Special Meeting. At the Special Meeting, the following three proposals were submitted to the Company’s stockholders:
December 9, 2021
Progressive Care Engages ClearThink to Lead Expanded Investor Relations Program
Focus on Increasing Awareness and Enhancing Stockholder Value Miami, FL – November 30, 2021 – Globe Newswire via NewMediaWire – Progressive Care, Inc. (OTCQB: RXMD) (the “Company”), a personalized healthcare services and technology provider, today announced that it has retained ClearThink Capital (“ClearThink”), a strategic advisory firm, to develop and deploy a comprehensive investor outreach and communications program.
November 30, 2021
Progressive Care Puts 1,000 Thanksgiving Turkeys on the Table for Families in Need
MIAMI, FL – November 24, 2021 – Progressive Care Inc.(OTCQB:RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, is proud to announce that the Company has donated and placed one thousand (1,000) Thanksgiving turkeys to residents in need in its surrounding communities.
November 24, 2021
Progressive Care Reports Financial and Operational Highlights for Three and Nine Months Ended September 30, 2021
Net Income Up 137%, EBITDA up 136% Year Over Year. Gross Margins Jump to 30% as Third-Party Services and Testing Show Increased Growth
November 16, 2021
Progressive Care Announces Shareholder Conference Call and Business Update on November 15, 2021
‍MIAMI, November 10, 2021 - Progressive Care Inc. (OTCQB: RXMD), a personalized healthcare services and technology company (the “Company”), is pleased to announce that the Company has scheduled an investor conference call at 4:30 PM ET on Monday, November 15, 2021.
November 9, 2021
Progressive Care Announces Financial and Operational Performance for Three and Six Months Ended June 30, 2021
MIAMI, FL – August 17, 2021 – Progressive Care Inc. (OTCQB:RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, is pleased to announce the filing of the Company’s financial performance data for the three and six months ended June 30, 2021, which featured strong growth in Gross Profitability, as well as Revenues from Covid-19 Testing and 340B services.
August 17, 2021
Progressive Care to Announce Second Quarter 2021 Financial Results and Provide Business Update
Progressive Care Inc. (OTCQB: RXMD), a personalized healthcare services and technology company, is pleased to announce that the Company has scheduled an investor conference call for 4:30 PM ET on Monday, August 16, 2021.
August 12, 2021
Progressive Care Announces Full Launch of New COVID-19 Digital Passport App
MIAMI, FL – July 20, 2021 – Progressive Care Inc. (OTCQB:RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, is excited to announce the launch of the Company’s new myVax Passport, developed in partnership with EagleForce Health, LLC (“EagleForce”).
July 20, 2021
Progressive Care to Accept Bitcoin as Payment for COVID-19 Rapid Testing Solutions
MIAMI, FL – June 4, 2021 – Progressive Care Inc. (OTCQB:RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, is pleased to announce that the Company is now accepting Bitcoin as a form of payment for its COVID-19 Rapid Resting services at its PharmcoRx locations.
June 4, 2021
Progressive Care Cancels Reverse Stock Split
‍MIAMI, FL – May 27, 2021 – Progressive Care Inc. (OTCQB:RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, announces that the Company’s board of directors (the “Board”) has decided not to move forward with the reverse stock split previously authorized by the Company’s stockholders in December of 2020.
May 27, 2021
Progressive Care, Inc. to Present Today at the Emerging Growth Conference.
Progressive Care, Inc. invites individual and institutional investors as well as advisors and analysts, to attend its real-time, interactive presentation at the Emerging Growth Conference.
May 26, 2021
Progressive Care Announces Record Earnings and Revenue for Three Months Ended March 31, 2021
‍MIAMI, FL – May 18, 2021 – Progressive Care Inc. (OTCQB:RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, is pleased to announce the filing of the Company’s financial performance data setting new revenue and earnings records for the three months ended March 31, 2021.
May 18, 2021
Progressive Care Leadership Announces Shareholder Conference Call and Business Update on May 17, 2021
MIAMI, May 12, 2021 (GLOBE NEWSWIRE) -- Progressive Care Inc. (OTCQB: RXMD), a personalized healthcare services and technology company, is pleased to announce that the Company has scheduled an investor conference call at 4:30 PM ET on Monday, May 17, 2021.
May 11, 2021
Progressive Care Achieves Record COVID-19 Testing Revenues
MIAMI, FL – April 5, 2021 – Progressive Care Inc. (OTCQB:RXMD) (“Progressive Care” or the“Company”), a personalized healthcare services and technology company, is pleased to announce that the Company has surpassed $1million in revenues directly driven by its COVID-19 testing program.
April 5, 2021
Progressive Care Announces 2020 Annual and Quarterly Financial and Operational Performance Highlights
MIAMI, FL – April 1, 2021 – Progressive Care Inc. (OTCQB:RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, is pleased to announce the filing of the Company’s audited 2020 financial performance data, closing the books on a momentous year that featured strong execution in the face of historic obstacles, the establishment of new executive leadership, the successful establishment of new scalable strategies, and tremendous gains in net cash, EBITDA, and topline results, which have helped to drive shareholder value so far in 2021.
April 1, 2021
Progressive Care Announces Annual Audited 2020 Report Earnings Call and Business Update on April 1st, 2021
MIAMI, March 29, 2021 (GLOBE NEWSWIRE) -- Progressive Care Inc. (OTCQB: RXMD) (“Progressive Care,” the “Company,” “we,” “our”), is pleased to announce that the Company has scheduled an investor conference call at 4:30 PM ET on Thursday, April 1st, 2021.
March 28, 2021
Progressive Care CEO Issues Annual Shareholder Letter
MIAMI, FL, March 3, 2021 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Progressive Care Inc. (OTCQB: RXMD) (“Progressive Care,” the “Company,” “we,” “our”), a personalized healthcare services and technology company, issues the following Letter to Shareholders from the Chief Executive Officer:
March 3, 2021
Progressive Care Transitions to New Software Platform, Allowing Integration of Data Analytics Business
MIAMI, FL – February 23, 2021 – Progressive Care Inc. (OTCQB:RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, is excited to announce its transition its software platform to Newleaf, a best-in-class pharmacy software solution produced by leading pharmacy software and technology provider, Keycentrix (Keycentrix.com).
February 24, 2021
Progressive Care Announces Telehealth Partnership with EagleForce Health to Drive myVax™ Digital Passport for COVID-19 Testing and Vaccination
MIAMI, FL – February 16, 2021 – Progressive Care Inc. (OTCQB:RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, is excited to announce a new partnership with EagleForce Health, LLC to integrate its proprietary telehealth platform (“myVax™”) and develop a platform for the Company’s Digital Passport for COVID-19 Testing and Vaccination results.
February 16, 2021
Progressive Care Announces Record December and Full Year 2020 Performance Data
MIAMI, FL – February 8, 2021 – Progressive Care Inc. (OTCQB:RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, is pleased to report performance data for the month of December and the full year of 2020, which featured robust growth in sales and prescriptions, as well as breakout growth in emerging income streams, including 340B administration fees and COVID-19 Rapid Testing services.
February 8, 2021
Progressive Care Completes Expansion, Launches COVID-19 Rapid Testing at New Orlando Location
MIAMI, FL – February 1, 2021 – Progressive Care Inc. (OTCQB:RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, is excited to announce that its new 3,700 square foot Orlando pharmacy has now officially opened for business as a potent full-service location that is also expected to act as a growth hub for rapid results viral testing services, Covid-19 vaccinations, and 340B third-party administration contracting.
February 1, 2021
Progressive Care Announces November 2020 Results, Reports Strong Prescriptions and Covid-19 Rapid Testing Sales
MIAMI, FL – January 8, 2021 – Progressive Care Inc. (OTCQB:RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, is pleased to announce performance data for the month of November 2020.
January 7, 2021
Progressive Care Completes Move to New Facility, Begins Expansion Into Long-Term Care Pharmacy Market
Miami, FL – December 23, 2020 – Progressive Care Inc. (OTCQB:RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, is pleased to announce that the Company has completed its move into its new 11,000 sq ft pharmacy space in Hallandale Beach, FL.
December 23, 2020
Progressive Care, Inc. Announces Results of Special Meeting
MIAMI, FLORIDA - December 17, 2020 - On December 14, 2020, Progressive Care, Inc. (the “Company”) held a special meeting of its stockholders (the “Special Meeting”). The record date for stockholders entitled to notice of, and to vote at, the Special Meeting was October 23, 2020. At the close of business on that date, the Company had 470,272,862 shares of common stock, par value $0.0001 (“Common Stock”) outstanding and 51 shares of Series A Super-Voting preferred stock (“Preferred Stock”) outstanding, and entitled to be voted at the Special Meeting. At the Special Meeting, the following four proposals were submitted to the Company’s stockholders:
December 17, 2020
Progressive Care Announces October Growth in Net Revenues as COVID-19 Testing Ramps Up
MIAMI, FL – December 7, 2020 – Progressive Care Inc. (OTCQB:RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, is pleased to announce performance data for the month of October, which featured a strong jump in operating margins, significant sequential monthly growth in net revenues, and the establishment of sales growth related to rapid results COVID-19 testing.
December 7, 2020
Progressive Care Leadership Announces Shareholder Conference Call and Business Update on December 7th, 2020
‍On the call, RXMD management will answer pre-submitted questions and discuss details regarding the recently filed proxy statement.MIAMI, December 3nd 2020 (GLOBE NEWSWIRE) -- Progressive Care Inc. (OTCQB: RXMD), a personalized healthcare services and technology company, is pleased to announce that the Company has scheduled an investor conference call at 4:30 PM ET on Monday, December 7th, 2020.
December 3, 2020
Progressive Care Announces Confidential Submission of Draft Registration Statement
MIAMI, FL – December 2nd, 2020 – Progressive Care Inc. (OTCQB: RXMD) (“Progressive Care” or the “Company”) is pleased to announce that on November 9th it confidentially submitted a draft Registration Statement on Form S-1 to the Securities and Exchange Commission (the “SEC”) relating to the proposed initial public offering of its common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined. The initial public offering is expected to take place after the SEC completes its review process, subject to market and other conditions.
December 2, 2020
Progressive Care Reports Positive Q3 EBITDA and Increased Margins
MIAMI, FL – November 17, 2020 – Progressive Care Inc. (OTCQB:RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, is pleased to announce performance data for the three months ended September 30, 2020, including strong topline and bottom line growth, positive EBITDA, increased margins, and continued strong cash resources on hand at the close of the quarter.
November 17, 2020
Progressive Care Announces Nine-Month Sales of $30.2 Million, Increase of 31% And Updates September Performance
MIAMI, FL – November 4, 2020 – Progressive Care Inc. (OTCQB: RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, is pleased to announce preliminary topline performance data for the three- and nine month periods ended September 30, 2020, reflecting strong overall growth in sales and prescriptions, breakout expansion in the Company’s 340B segment, and anticipated progress towards the launch of telemedicine services before year-end.
November 5, 2020
Progressive Care Announces New Partnership with MyApps, Discontinues Plans To Acquire The Company
MIAMI, FL – October 29, 2020 – Progressive Care Inc. (OTCQB: RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, today announced that the Letter of Intent (the “LOI”) entered into on September 1, 2020, for the Company to acquire substantially all of MyApps Corp. (“MyApps”) has been terminated by the companies.
October 29, 2020
Progressive Care Announces Permanent Chief Executive Officer and New Chief Financial Officer
Progressive Care Inc. is pleased to announce that its Board of Directors has appointed Alan Jay Weisberg as Chief Executive Officer
October 27, 2020
Progressive Care to expand 340B Third Party Administrator Services Nationwide
MIAMI, FL – October 22, 2020 – Progressive Care Inc. (OTCQB: RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, is pleased to announce that ClearMetrX Inc., a wholly-owned subsidiary of the Company, has executed a 340B Data Feed Agreement (the “Agreement”) to expand the total addressable market available to ClearMetrX Inc. as a third-party administrator (“TPA”) for 340B healthcare providers nationwide.
October 22, 2020
Progressive Care Expands COVID-19 Testing With 15 Minute Antigen Rapid Tests
MIAMI, FL – October , 2020 – Progressive Care Inc. (OTCQB: RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, is excited to announce that the Company has launched an aggressive expansion of its COVID-19 testing service registered through the FDA under its Emergency Use Authorization (“EUA”) guidelines, featuring an Antigen testing system that produces rapid detection of the SARS-CoV-2 virus with market-leading accuracy in 15 minutes.
October 8, 2020
Progressive Care Reports August 2020 Performance Data
MIAMI, FL – October 2nd, 2020 – Progressive Care Inc. (OTCQB: RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company today announced operational performance data for August 2020, which was flat to down on a year-over-year basis due to a resurgence of Covid-19 factors driving providers to reduce patient visits. However, the Company is pleased to have made important advances toward future growth and continued to build strong positive cash flows.
October 2, 2020
Progressive Care Partners with DeliverSTAT to Support and Expand Rapidly Growing Prescription Delivery Service
‍MIAMI, FL – September 22, 2020 – Progressive Care Inc. (OTCQB: RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, is pleased to announce its new partnership with DeliverSTAT, a provider of an all-in-one pharmacy delivery logistics solution. Progressive Care will continue to make deliveries through its in-house team of drivers, but the DeliverSTAT platform will provide best-in-class integrated functionality to streamline costs, expand margins, and widen Progressive Care’s industry edge in pharmacy delivery customer satisfaction.
September 21, 2020
Progressive Care Issues Corporate Update
MIAMI, FL – September 15, 2020 – Progressive Care Inc. (OTCQB: RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, is pleased to provide current and prospective shareholders with an update on the hiring process for its new CEO and its acquisition of MyApps Corp. (“MyApps”) (myapps.solutions), a leading developer of healthcare software, which includes the emerging telehealth service app, CallingDr™ (callingdr.com).
September 16, 2020
Progressive Care Enters into Letter of Intent to Acquire Telehealth Service Provider MyApps Corp.
MIAMI, FL – September 8, 2020 – Progressive Care Inc. (OTCQB: RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, is excited to announce that on September 1, 2020, the Company entered into a Letter of Intent (the “LOI”) to acquire one hundred percent (100%) of MyApps Corp. (“MyApps”) (myapps.solutions), a leading developer of healthcare software, which includes the emerging telehealth service app CallingDr™ (callingdr.com). In addition, Progressive Care will be immediately engaging MyApps to accelerate development of software platforms for ClearMetRX, Progressive Care’s wholly owned data management subsidiary, and its divisions. MyApps is a commercial-stage software developer on pace to record over $1 million in revenues in 2020.
September 8, 2020
Progressive Care Reports July 2020 Performance Data: $3.62M in Gross Sales, and 106% Monthly Growth in 340B Income
MIAMI, FL – August 24, 2020 – Progressive Care Inc. (OTCQB: RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, is pleased to announce operational performance data for July 2020, which continued to demonstrate a trend of robust growth in sales, prescriptions, and 340B income in both sequential monthly and year-over-year terms.
August 25, 2020
Progressive Care Reports Q2 2020 Financials: Sales Up 32%, Over $2M in Cash on Hand
MIAMI, FL – August 17, 2020 – Progressive Care Inc. (OTCQB: RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, is pleased to announce operational performance data for the three months and six months ended June 30, 2020.
August 16, 2020
Progressive Care Announces Second Quarter 2020 Quarterly Call and Business Update on August 17th, 2020
MIAMI, August 11, 2020 (GLOBE NEWSWIRE) -- Progressive Care Inc. (OTCQB: RXMD), a personalized healthcare services and technology company, is pleased to announce that the Company has scheduled an investor conference call at 4:30 PM ET on Monday, August 17th, 2020.
August 14, 2020
Progressive Care Announces Departure of CEO and Appoints new interim CEO
MIAMI, FL – August 14, 2020 – Progressive Care Inc. (OTCQB: RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, today announced that Shital Parikh Mars, Chief Executive Officer (“CEO”) and member of the Board of Directors (the “Board”), notified the Board of Directors of her resignation from such positions on August 10, 2020, to pursue other opportunities. The Board accepted the resignation on August 13, 2020
August 14, 2020
Progressive Care Announces Significant Expansion to Establish Full-Service PharmCo Operations and Rapid Testing Services in Orlando Regional Market
‍MIAMI, FL – July 29, 2020 – Progressive Care Inc. (OTCQB: RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, is excited to announce the expansion of the Company’s PharmCo branded pharmacy operations and presence in the Orlando metropolitan area. The Company is moving out of its current Orlando pharmacy location, which is a 700 square-foot mini-pharmacy operating under the “Five Star” brand designation, to a 3,700 square-foot full-size pharmacy that will open under the PharmCo brand designation.
July 29, 2020
Progressive Care Reports June 2020 Performance Data: Preliminary Q2 Sales Up 33% to $9.32M
MIAMI, FL – July 23, 2020 – Progressive Care Inc. (OTCQB: RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, is pleased to announce operational performance data for June 2020, along with preliminary fiscal Q2 performance data, both of which demonstrate a continued robust trend of growth in sales, prescriptions, 340B income, and COVID-19 testing service revenues.
July 27, 2020
Progressive Care Expands COVID-19 Testing Capabilities to Meet Increased Demand
MIAMI, FL – July 14, 2020 – Progressive Care Inc. (OTCQB: RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, today announced that it has sold through over 90% of its COVID-19 Antibody testing kits. The Company has ordered additional kits and will be expanding testing to meet increasing needs.
July 13, 2020
Progressive Care Launches ClearMetrX Data Analytics Service
MIAMI, FL – June 30, 2020 – Progressive Care Inc. (OTCQB: RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, today announced the launch of ClearMetrX, the Company’s first wholly-owned data analytics company with services designed to support health care organizations across the country.
June 30, 2020
Progressive Care Announces May 2020 Performance Data: 62% Y/Y Sales Growth on Robust Execution and Expanding Market Share
MIAMI, FL – June 22, 2020 – Progressive Care Inc. (OTCQB: RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, is pleased to announce operational performance data for May 2020, including strong year-over-year growth in the face of continued intense downward pressure from tightening provider prescription demand, with strong execution, patient growth, and expanding Federally Qualified Health Centers (FQHCs) dispensing fees driving robust systemwide performance.
June 23, 2020
Progressive Care Changes Independent Public Accounting Firm to Daszkal Bolton LLP
MIAMI, FL – June 22, 2020 – Progressive Care Inc. (OTCQB: RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, has engaged Daszkal Bolton LLP as its new independent public accounting firm as it undertakes efforts to transition to reporting under the Exchange Act Reporting requirements.
June 22, 2020
Progressive Care Issues 2020 Mid-Year Corporate Update
MIAMI, FL– June 12, 2020 – Progressive Care Inc. (OTCQB: RXMD) (“Progressive Care” or the “Company”),a personalized healthcare services and technology company, is pleased to issue the following progress update as the Company prepares for an exciting second half of 2020.
June 12, 2020
Progressive Care Begins Construction at 400 Ansin Building and Satisfies Seller’s Note
MIAMI, FL– June 1, 2020 – Progressive Care Inc. (OTCQB: RXMD) (“Progressive Care” or the “Company”),a personalized healthcare services and technology company, is pleased to announce that the Company has selected Atlas Construction and Management LLC (the “Contractor” or “Atlas”)for the construction project at 400 Ansin Blvd in Hallandale Beach, FL.
June 1, 2020
Progressive Care Announces April 2020 Performance: Continued Strong Growth Amid Challenging Context
MIAMI, FL – May 20, 2020 – Progressive Care Inc. (OTCQB: RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, is pleased to announce operational performance data for April 2020, which represented a very challenging context given clear COVID-19 factors, but also featured strong growth in net sales, prescriptions filled, 340B income, and total patients served, as well as the nationwide launch of our new e-commerce platform and antibody testing program.
May 20, 2020
Join our CEO, Shital Mars, as she answers the most relevant questions related to COVID-19 regarding reopening, testing, second wave, and more.
Join our CEO, Shital Mars, as she answers the most relevant questions related to COVID-19 regarding reopening, testing, second wave, and more.
May 19, 2020
Progressive Care Reports Q1 Performance, Net Sales Surpass $9 Million Amid COVID-19 Impact
MIAMI, FL – May 18, 2020 – Progressive Care Inc. (OTCQB: RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, is pleased to report financial results for the quarter ended March 31, 2020, which featured very strong revenue growth, especially considering the unique operating conditions during February and March due to the SARS-CoV-2 global pandemic health crisis. During the associated earnings call, management outlined specific competitive advantages and new initiatives positioning the Company for strong growth across all major metrics throughout 2020.
May 18, 2020
Progressive Care Launches COVID-19 IgG/IgM Rapid Result Antibody Testing Program 
MIAMI, FL – May 14, 2020 – Progressive CareInc. (OTCQB: RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, is very pleased to announce that the company has obtained the immediate capacity to market and distribute rapid-results antibody test kits (COVID-19 IgG/IgM) registered through the FDA under its emergency Use Authorization (“EUA”) guidelines for conducting SARS-CoV-2antibody presence and COVID-19 infection diagnosis testing.
May 14, 2020
Progressive Care Announces First Quarter 2020 Quarterly Report Earnings Call and Business Update on May 15th, 2020
‍MIAMI, May 11th 2020 (GLOBE NEWSWIRE) -- Progressive Care Inc. (OTCQB: RXMD), a personalized healthcare services and technology company, is pleased to announce that the Company has scheduled an investor conference call at 4:30 PM ET on Friday, May 15th, 2020.
May 10, 2020
Progressive Care Announces Successful Expansion of PharmcoRX.com eCommerce Portal to Entire US
MIAMI, FL – April 30, 2020 – Progressive Care Inc. (OTCQB: RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, is excited to announce that it has expanded the scope of its new ecommerce portal (PharmcoRX.com) to serve the entire US domestic market. The Company started filling and shipping orders nationwide this week.
April 30, 2020
Progressive Care Announces Live Launch of PharmcoRX.com eCommerce Portal With Same-Day Delivery.
MIAMI, FL – April 23, 2020 – Progressive Care Inc. (OTCQB: RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, is very excited to announce the live launch of the Company’s new ecommerce portal, which includes online access to prescriptions, essential goods, personal protection equipment, guidance on COVID-19 prevention and care, information about custom compounding, and access to services for patients, payors, and providers. Please visit PharmcoRX.com to take advantage of this comprehensive online pharmacy solution today.
April 23, 2020
Progressive Care Commences COVID-19 Vaccinations
‍MIAMI, FL – April 22, 2021 – Progressive Care Inc. (OTCQB:RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, is pleased to announce that the Company has gained access to a large inventory of Moderna vaccine doses and will begin immediate distribution to PharmCo customers through both in-store and on-location vaccinations.
April 21, 2020
Progressive Care Doubles March Sales, Successfully Utilizing Its Market Leading Contactless RX Delivery Due to Covid-19 Pandemic
MIAMI, FL – April 14, 2020 – Progressive Care Inc. (OTCQB: RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, is pleased to announce operational performance data for March 2020, which featured breakthrough growth in total sales and a new Company record in total number of prescriptions filled on sharp market share gains.
April 15, 2020
OTCQB Podcast: Progressive Care Inc.
OTCQB Podcast: Progressive Care Inc. Season 4 Episode 7
April 7, 2020
Progressive Care Inc. CEO Shital Mars Inverviewed by Channel 7 News and donating over 6,000 hand sanitizers
Check out Shital's visit to Healthy Partners Hallandale. Watch tonight on Channel 7 News!
April 1, 2020