$RXMD Third-party billing services for not-for-pro
Post# of 12186
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Posted On: 01/16/2020 10:16:04 AM
$RXMD Third-party billing services for not-for-profit clients hit new record levels for the Company in the month of December, reaching the $1 million level in gross billing for the first time ever. The executive team believes this segment represents a strong value add in terms of growth potential and diversification of revenues and will continue to expand independent of the strong growth the Company is already seeing in its core pharmacy operations.
Looking forward, management points to a focus on continued execution, leading to accelerating sales growth and expanding profitability, the completion of fully-audited financials for the 2019 fiscal year, movement toward another value-add acquisition or strategic partnership, and the build-out of the Company’s primary location at 400 Ansin Blvd. in Hallandale Beach, FL, allowing for the full consolidation of operations in 2020.
Mars continued, “The holidays were good to us, thanks in large part to the generous work of our community organizations, the support of our providers and patients, and an unwavering focus by our staff and management to run as tight a ship as possible.”
https://www.bloomberg.com/press-releases/2020...ng-process
Looking forward, management points to a focus on continued execution, leading to accelerating sales growth and expanding profitability, the completion of fully-audited financials for the 2019 fiscal year, movement toward another value-add acquisition or strategic partnership, and the build-out of the Company’s primary location at 400 Ansin Blvd. in Hallandale Beach, FL, allowing for the full consolidation of operations in 2020.
Mars continued, “The holidays were good to us, thanks in large part to the generous work of our community organizations, the support of our providers and patients, and an unwavering focus by our staff and management to run as tight a ship as possible.”
https://www.bloomberg.com/press-releases/2020...ng-process
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