About Progressive Care
Progressive Care is a company based in Hallandale Beach (United States) founded in 2005. The company has 105 employees as of December 31, 2022. Progressive Care has completed 2 acquisitions, including Fivestarrx and TCGRx. Progressive Care operates in a competitive market with competitors including iMedX, Centivo, Omega Healthcare, Rennova Health and Light Wave Dental, among others.
- Headquarter Hallandale Beach, United States
- Employees 105 as on 31 Dec, 2022
- Stage Public
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Sectors
Healthcare
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Email
Locked
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Phone
Locked
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Website
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Social
Locked
- Legal Name Progressive Care Inc.
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Annual Revenue
$26.78 M (USD)-34as on Dec 31, 2023
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Net Profit
-$14.65 M (USD)-148as on Dec 31, 2023
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EBITDA
-$13.2 M (USD)-457as on Dec 31, 2023
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Latest Funding Round
$1 M (USD), Post-IPO
May 11, 2023
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Investors
NextPlat
& 1 more
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Employee Count
105
as on Dec 31, 2022
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Investments & Acquisitions
Fivestarrx
& 1 more
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People of Progressive Care
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Funding Insights of Progressive Care
Investors in Progressive Care
Progressive Care has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include NextPlat and Chicago Ventures.
| Investor | Description | Founded Year | Domain | Location |
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VC firm investing in seed stage tech companies in the US
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Locked | Locked | Locked | |
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NextPlat is engaged in global e-commerce, healthcare, and communications solutions.
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Locked | Locked | Locked |
Investor details for Progressive Care
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Investments & Acquisitions by Progressive Care
Progressive Care has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Fivestarrx and TCGRx.
Investment portfolio details for Progressive Care
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- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Provider of medication adherence and robotic dispensing technologies
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Locked | Locked | 2006 | Locked | |
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Provider of pharmacy services and STD testing for assisted living facilities
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Locked | Locked | 0 | Locked |
Complete acquisition details for Progressive Care
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
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Financial Statements - Progressive Care
Detailed financials for Progressive Care
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Progressive Care Comparisons
Peer comparison for Progressive Care
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Competitors of Progressive Care
Progressive Care operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as iMedX, Centivo, Omega Healthcare, Rennova Health and Light Wave Dental, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Revenue cycle management platform is provided to healthcare providers.
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Provider of self funded health plan
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Healthcare outsourcing services are provided to various sectors.
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| Locked | Locked | Locked |
Software solutions for laboratory diagnostics are provided to healthcare.
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| Locked | Locked | Locked |
Dental practice brokerage services are provided to facilitate transactions.
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Medical payment integrity and analytics services are provided by MultiPlan.
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Detailed competitors of Progressive Care
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Latest news on Progressive Care
Complete news archive for Progressive Care
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Frequently Asked Questions about Progressive Care
Progressive Care was founded in 2005 and raised its 1st funding round 6 years after it was founded.
Progressive Care is headquartered in Hallandale Beach, United States. It is registered at Hallandale Beach, Florida, United States.
As of Dec 31, 2022, the latest employee count at Progressive Care is 105.
Annual revenue of Progressive Care is $26.78M as on Dec 31, 2023.
Progressive Care was founded in 2005 and is headquartered in Hallandale Beach, United States. Operations focus on the healthcare sector, where drug compounding services are delivered alongside medical billing, coding, practice administration, and risk management support. These offerings assist healthcare practices in managing administrative tasks and regulatory compliance across the United States.
Progressive Care's top competitors include Centivo, Access Healthcare and Rennova Health.
Progressive Care has made 2 acquisitions, including Fivestarrx, and TCGRx.
Progressive Care has 2 investors. Key investors include NextPlat, and Chicago Ventures.