MedAvail Announces Technology Partnership with Progressive Care, Inc
October 26 2022 - 8:00AM
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.
MedAvail MedCenter’s unique medication dispensing technology
will allow PharmcoRx, a subsidiary of Progressive Care, to provide
pharmacy services in any state where Board of Pharmacy laws allow
remote medication dispensing through digitally integrated kiosks.
Patients visiting these care sites in the future will be able to
consult virtually with a pharmacist and fill their prescriptions at
the point of care through a touch screen, eliminating the need to
make a separate trip to a pharmacy.
“Our partnership with MedAvail will further strengthen our
ongoing commitment towards creating a more convenient, quicker, and
secure way for patients to receive their medication. With the
implementation of MedCenter’s wide-ranged pharmaceutical
technology, it will further allow PharmcoRx pharmacies to
thoroughly expand their prestigious concierge pharmacy services to
a variety of states that permit the dispensing of remote
medication. Patients who visit our clinical sites, long term care
facilities or strategic healthcare locations in the future will be
able to consult with our very own virtual pharmacist, give patients
the satisfaction of having their prescriptions filled with the
click of a button saving patients a trip to the pharmacy and allow
caregivers in the LTC setting to administer lifesaving medications
swiftly,” said Birute Norkute, COO of Progressive Care.
“We look forward to working with PharmcoRx and offering our
differentiated technology solution to serve their patients with
quick and convenient access to pharmacy services,” said Mark Doerr,
Chief Executive Officer at MedAvail. “One of our top priorities is
to expand our technology business segment, and we are pleased to be
broadening the reach of our MedCenter technology with this new
partnership with Progressive Care.”
About Progressive Care
Progressive Care Inc. (OTCQB: RXMD), through its subsidiaries,
is a Florida health services organization and provider of
prescription pharmaceuticals, compounded medications, provider of
tele-pharmacy services, the sale of anti-retroviral medications,
medication therapy management (MTM), the supply of prescription
medications to long-term care facilities, and health practice risk
management.
About MedAvail
MedAvail Holdings, Inc. (NASDAQ: MDVL) is a technology-enabled
pharmacy organization, providing turnkey in-clinic pharmacy
services through its proprietary robotic dispensing platform, the
MedAvail MedCenter, and home delivery operations, to Medicare
clinics. MedAvail helps patients to optimize drug adherence,
resulting in better health outcomes. Learn more at
www.medavail.com.
SOURCE MedAvail Holdings, Inc.
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version on businesswire.com: https://www.businesswire.com/news/home/20221026005283/en/
Investor Relations (MedAvail Holdings, Inc.) Ji-Yon Yi
Gilmartin Group ir@medavail.com
Investor Relations (Progressive Care, Inc) Carlos Rangel
carlosr@pharmcorx.com
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