MEDIX RESOURCES INC
8-K, 2000-04-06
HELP SUPPLY SERVICES
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                                  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: March 28, 2000

                              Medix Resources, Inc.
             (Exact name of registrant as specified in its charter)

                 Colorado              0-24768            84-1123311
     (State or other jurisdiction    (Commission        (IRS Employer
            of incorporation)        File Number)    Identification No.)

        7100 E. Belleview Avenue, Englewood, CO             80111
       (Address of principal executive offices)          (Zip Code)

       Registrant's telephone number, including area code: (303) 741-2045

                                      None
          (Former name or former address, if changes since last report)

Item 5. Other Events. Press release announcing
              The signing of an agreement with Warburg Dillon Read LLC.


<PAGE>



Exhibits


Exhibit 99.1 Press release dated March 28, 2000, announcing the signing of an
 agreement with Warburg Dillon Read LLC.

                                   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: April 3, 2000                       By: /s/ David Kinsella
                                                  David Kinsella
                                                  Secretary and Controller






               R O B I N S C H O E N P U B L I C R E L A T I O N S
       526 Penn Street Newtown, PA 18940 t: 215/504-2122 f: 215/504-2123
                          e-m: [email protected]

FOR IMMEDIATE RELEASE
March 28, 2000


          MEDIX RESOURCES ANNOUNCES AGREEMENT WITH WARBURG DILLON READ

Denver, CO -- John Prufeta, president and CEO of Medix Resources, Inc.
[OTCBB:MDIX], today announced that the Company has hired Warburg Dillon Read LLC
(WDR) as its exclusive financial advisor to provide advisory services relating
to mergers and acquisitions, strategic relationships, and financing options. A
member of the New York Stock Exchange and other principal exchanges, WDR is a
New York-based investment banking firm. Medix provides Internet-based healthcare
communication, data integration, and transaction processing software through its
Cymedix.com product line.

"We are extremely excited to have Warburg Dillon Read as our financial advisory
partner," stated Prufeta. " We expect WDR's expert healthcare team to be
instrumental in helping Medix Resources achieve its strategic objectives within
the healthcare Internet industry."

Denver-based Medix Resources, through Cymedix Lynx Corporation, 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 Form 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.


Contacts:  General and Press Inquiries         Investor Inquiries
           -----------------------------       -------------------
           Robin Schoen                        Josh Golomb
           Robin Schoen Public Relations       SmallCaps Online Communications
           215/504-2122                        212/554-4158





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