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 8, 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 extension of a previous agreement with Loyola University
Medical Center.
<PAGE>
Exhibits
Exhibit 99.1 Press release dated March 8, 2000 announcing the extension of a
previous agreement with Loyola University Medical Center.
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 8, 2000
MEDIX ANNOUNCES EXTENDED AGREEMENT WITH
LOYOLA UNIVERISTY MEDICAL CENTER
Affiliated Medical Center Physicians to Use Company's iHealth Software
Denver, CO -- John Prufeta, chief executive officer of Medix Resources, Inc.
[OTCBB: MDIX], today announced that Medix, through its wholly-owned subsidiary
Cymedix Lynx Corporation, and Loyola University Medical Center of Chicago
(Loyola) have extended their original agreement to provide physicians affiliated
with Loyola with the Cymedix.com software for Internet-based laboratory orders
and results. This new agreement extends the original contract and adds
additional features to the original terms. Medix provides Internet-based
healthcare communication, data integration, and transaction software through its
Cymedix.com software product suite.
The Cymedix.com laboratory module and Universal Interface enable physicians to
electronically extract patient data from their practice management systems. Once
the patient data is electronically loaded into the laboratory module, the
physician selects from the series of lab panels presented in the Cymedix.com
application. The orders are then encrypted and sent via the Internet to the
Loyola data center, where the data is decrypted and integrated into their
Sunquest Information Systems' [NASDAQ: SUNQ] application for processing. Lab
results are returned to the physician via the same Cymedix.com encrypted link.
"We are pleased to be able to expand on our original agreement with Loyola,"
stated David Pfeil, chief operating officer of Medix subsidiary Cymedix Lynx
Corporation. "This extended agreement clearly defines the joint marketing
efforts of Loyola and Medix. It enables Medix to offer additional Internet
transaction services, such as pharmacy benefit management information from
payors. As a result, this relationship will demonstrate how the Cymedix.com
product can act as a portal for a wide range of healthcare transaction
services."
Loyola University Health System (LUHS), a wholly-owned subsidiary of Loyola
University Chicago, includes Loyola University Medical Center (LUMC), 11 primary
care centers, the Loyola Ambulatory Surgery Center at Oakbrook and Immediate
Care Center at Elmhurst, a partnership with the Rehabilitation Institute of
Chicago (RIC), and serves as co-owner/operator of RML Specialty Hospital, a
long-term ventilator dependent facility in suburban Hinsdale, IL. LUMC, a
private, academic healthcare institution, is nationally recognized for its
specialty care and research in areas such as cancer, cardiology, and
cardiovascular surgery, pediatrics, neonatology, and neurosciences, burn and
trauma care and organ transplantation. The 73-acre campus in Maywood, IL
includes the 545-bed licensed Foster G. McGaw Hospital with a Level I trauma
center, Russo Surgical Pavilion, Cardiovascular Institute, Cardinal Bernardin
Cancer Center, Ronald McDonald Children's Hospital of Loyola, Loyola University
Chicago Stritch School of Medicine, Mulcahy Outpatient Center, and the 24-bed
RIC of Loyola acute rehabilitation unit, the region's largest burn unit and one
of the Midwest's largest and most comprehensive organ transplant programs.
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 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
