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Progressive Care Inc - RXMD STOCK NEWS

Welcome to our dedicated news page for Progressive Care (Ticker: RXMD), a resource for investors and traders seeking the latest updates and insights on Progressive Care.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Progressive Care's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Progressive Care's position in the market.

Rhea-AI Summary
NextPlat Corp announces the acquisition of Outfitter Satellite Inc. to double North American technology e-commerce sales and recurring revenue. The all-cash transaction aims to enhance profitability, expand product offerings, and enter international markets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.67%
Tags
acquisition
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Rhea-AI Summary
NextPlat Corp announces the acquisition of Outfitter Satellite Inc. to double North American technology e-commerce sales and recurring revenue. The all-cash transaction aims to enhance profitability, expand product offerings, and enter international markets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
15.58%
Tags
acquisition
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Rhea-AI Summary
Progressive Care Inc. (RXMD) expands PharmcoRx's patient access to supplemental health insurance benefits for in-pharmacy purchase of OTC products. PharmcoRx announced an agreement with ProHealth Connect LLC to extend OTC benefits to qualifying members nationwide, including those with Medicare Advantage plans. The partnership allows members of leading MA plans such as United HealthCare, Humana, Devoted, Sharecare, and others to purchase OTC healthcare products and medicines using their plan benefits at all PharmcoRx pharmacies. CMS estimates a rise in MA enrollment from 31.6 million in 2023 to 33.8 million in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.74%
Tags
none
Rhea-AI Summary
Progressive Care Inc. (RXMD) expands PharmcoRx's patient access to supplemental health insurance benefits for in-pharmacy purchase of OTC products. PharmcoRx announced an agreement with ProHealth Connect LLC to extend OTC benefits to qualifying members nationwide, including those with Medicare Advantage plans. The partnership allows members of leading MA plans such as United HealthCare, Humana, Devoted, Sharecare, and others to purchase OTC healthcare products and medicines using their plan benefits at all PharmcoRx pharmacies. CMS estimates a rise in MA enrollment from 31.6 million in 2023 to 33.8 million in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
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Rhea-AI Summary
PharmcoRx Pharmacy, a subsidiary of Progressive Care Inc (RXMD), expands in-pharmacy offerings through a partnership with the Mark Cuban Cost Plus Drug Company, offering patients access to low-cost generic and branded medications. The agreement includes PharmcoRx locations being listed as participating pharmacies in the Team Cuban Card provider directory, providing consumers with increased access to medications at reduced costs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.47%
Tags
none
-
Rhea-AI Summary
PharmcoRx Pharmacy, a subsidiary of Progressive Care Inc (RXMD), expands in-pharmacy offerings through a partnership with the Mark Cuban Cost Plus Drug Company, offering patients access to low-cost generic and branded medications. The agreement includes PharmcoRx locations being listed as participating pharmacies in the Team Cuban Card provider directory, providing consumers with increased access to medications at reduced costs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-19.44%
Tags
none
Rhea-AI Summary
Progressive Care Inc. (OTCQB: RXMD) Expands PharmcoRx Pharmacy's Ability to Provide Patients with Access to Additional Healthcare Benefits Covered by Medicare Advantage Plans
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.24%
Tags
none
-
Rhea-AI Summary
Progressive Care Inc. (OTCQB: RXMD) Expands PharmcoRx Pharmacy's Ability to Provide Patients with Access to Additional Healthcare Benefits Covered by Medicare Advantage Plans
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.88%
Tags
none
-
Rhea-AI Summary
NextPlat Corp (NASDAQ: NXPL, NXPLW) reports double-digit growth in both healthcare and e-commerce operations, with consolidated revenues of $15.3 million in Q3 2023. Gross margins increased to 30%, and net income was approximately $2.6 million. The company ended the quarter with $26.3 million in cash. The PR highlights the company's financial performance, strategic acquisitions, and expansion into the Chinese market through Alibaba's Tmall Global platform.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.22%
Tags
earnings
Rhea-AI Summary
NextPlat Corp (NASDAQ: NXPL, NXPLW) reports double-digit growth in both healthcare and e-commerce operations, with consolidated revenues of $15.3 million in Q3 2023. Gross margins increased to 30%, and net income was approximately $2.6 million. The company ended the quarter with $26.3 million in cash. The PR highlights the company's financial performance, strategic acquisitions, and expansion into the Chinese market through Alibaba's Tmall Global platform.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.23%
Tags
earnings
Progressive Care Inc

Nasdaq:RXMD

RXMD Rankings

RXMD Stock Data

14.31M
3.71M
3.58%
Pharmacies and Drug Stores
Retail Trade
Link
United States
Hallandale Beach

About RXMD

progressive care, inc., through its subsidiaries smart medical alliance, inc. and pharmco, llc, is a south florida health services organization and provider of administration and practice management, tele-pharmco, utilization management, quality assurance, ehr implementation, billing and coding, health practice risk management, prescription pharmaceuticals, compounded medications, the sale of anti-retroviral medications, medication therapy management (mtm), and the supply of prescription medications to long term care facilities.