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Progressive Care Inc. RXMD
Posted On: 06/15/2016 9:18:18 AM
Post# of 1525
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Posted By: times2times2
Re: times2times2 #650
The recent interview with the CEO explains the expansions, strategies, sector, etc and is a must see. https://www.youtube.com/watch?v=P-YQDkMS4y8

New York granted in April a pharmacy license to PharmCo, LLC.. It is the first of many licenses we the CEO is in process to acquire. "We currently have applications pending in another 4 states and will be submitting more applications in the coming months. This is a significant step to expanding nationally and we believe that we will be able to see the results of our expansion before the end of the year" http://finance.yahoo.com/news/progressive-car...50274.html

The Company will not be proceeding with acquisitions of home health care agencies at this time due to new CMS pre-claim review demonstration procedures set to be implemented October 1, 2016. ...the new rules will also increase labor and overhead costs of operating home health care agencies by necessitating additional personnel to review, process, and adjudicate claims. http://finance.yahoo.com/news/progressive-car...35393.html













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