UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report: December 27, 1999
MEDIX RESOURCES, INC
(Exact name of registrant as specified in its charter)
Colorado 000-24768 84-1123311
(State or other jurisdiction (Commission (IRS Employer
of incorporation) (File Number) Identification No.)
7100 East Belleview Ave., Suite 301, Englewood, CO 80111
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (303) 741-4828
None
(Former name or former address, if changes since last report)
Item 5. Other Events
Press release dated December 20, 1999 announcing the final granting of a U.S.
patent for the Company's Cymedix.com software.
Exhibit No. Description Reg. S-K Item No.
------------------------ --------------------- ---------------------
*99.1 Press release 99
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
MEDIX RESOURCES, INC.
Date: December 28, 1999 By:/s/ John P. Yeros
John P. Yeros, President
ROBIN SCHOEN PUBLIC RELATIONS 526 Penn Street
Newtown, PA 18940 t: 215/504-2122 f: 215/504-2123
e-m: [email protected]
For Immediate Release Contact: Robin Schoen
December 20, 1999 215/504-2122
MEDIX RESOURCES RECEIVES U.S. PATENT FOR CYMEDIX.COM SOFTWARE
Denver, CO -- John Prufeta, chief executive officer of Medix Resources, Inc.
[OTCBB:MDIX], today announced the final granting of a patent for the company's
Cymedix.com software from the United States Department of Commerce. This news
expands upon the August 11, 1999 announcement that the patent had been approved.
Medix provides Internet-based healthcare communication, data integration, and
transaction software through its Cymedix.com software product suite.
U.S. Patent Number 5995939 covers the Cymedix.com automated networked service
request and fulfillment system and method. This system and method includes
"client" computer systems in the offices of professionals, such as doctors, and
"sponsor" computers at the sites of service providers which include patient
pharmaceutical management, laboratory/radiology orders and results, eligibility
and authorization requests, claims processing and health system intranets. The
transaction requests are prepared and automatically routed through the Internet
to the appropriate healthcare provider or payer information system.
Confidentiality is insured by encrypting all Internet transaction requests and
responses. The system includes a "universal interface" which automates the
process of converting data records found in existing physician practice
management information systems into the data record format required for
automated Internet transactions.
"The patent clearly demonstrates the Cymedix.com suite of applications
represents a unique method of connecting disparate systems in healthcare,"
stated Prufeta. "Our technology, which is being delivered to healthcare
professionals and sponsors today, not only accelerates the delivery of
healthcare information by electronically linking systems, but provides a host of
web-enabled data connections never before afforded the healthcare provider."
Prufeta continued, "Thanks to the tireless efforts of our chief technology and
operating officer, David Pfeil, and his nationwide team of experts, Medix will
continue to develop timely Internet based healthcare integration tools which
will further assist the healthcare community in providing a higher-quality,
lower-cost of care."
Denver-based Medix Resources provides skilled nursing, therapy, rehabilitation,
and other medical personnel for flexible staffing in homes, and healthcare and
educational facilities. Through Cymedix Lynx Corporation, a wholly-owned
subsidiary based in Thousand Oaks, California, Medix offers Cymedix.com, a suite
of fully-secure, patented Internet communications software products, to the
healthcare industry. Additional information about Medix Resources and its
products and services can be found by visiting its web sites
www.medixresources.com and www.cymedix.com or by calling 800/326-8773.
# # #
"Safe Harbor" statement under the Private Securities Litigation Reform Act of
1995: The statements contained in this release, which are not historical facts,
contain forward-looking information with respect to plans, projections and/or
future performance of the Company, the occurrence of which involve certain risks
and uncertainties detailed in the Company's Form 10-KSB/A for 1998, which was
filed with the Securities and Exchange Commission on July 23, 1999, and its 1999
third quarter 10-QSB, which was filed with the Securities and Exchange
Commission on November 10, 1999. This information is available from the SEC or
the Company.
