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: January 7, 2000
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
Item 5. Other Events
Press release dated January 5, 2000 announcing agreement with Advance Paradigm.
Exhibit No. Description Reg. S-K Item No.
____________________ __________________ _______________________
*99.1 Press release 99
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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: January 7, 2000 By:/s/ John R. Prufeta
John R. Prufeta, Chief Executive Officer
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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]
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For Immediate Release Media Contact: Investor Contact:
January 5, 2000 Robin Schoen Josh Golomb
215/504-2122 212/554-4158
MEDIX RESOURCES ANNOUNCES AGREEMENT WITH ADVANCE PARADIGM
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Selected Network Physicians of Advance Paradigm Clients to Use
i-Health Software Provider's Pharmacy Management Module
Denver, CO -- John Prufeta, chief executive officer of Medix Resources, Inc.
[OTCBB:MDIX], today announced that Medix, through Cymedix Lynx Corporation, its
wholly-owned subsidiary, and Advance Paradigm, Inc. [NASDAQ:ADVP] have entered
into an agreement for Medix to develop and execute a pilot program, and initiate
subsequent production projects, for Advance Paradigm using Medix's Cymedix.com
software product suite. Established in 1988 as a provider of medical personnel
staffing, Medix provides Internet-based healthcare communication, data
integration, and transaction software through its Cymedix.com software product
suite.
Utilizing Cymedix.com's prescription management module, the Advance
Paradigm/Cymedix.com pilot program will provide provider network physicians of
Advance Paradigm clients with critical, patient-specific pharmacy information
including plan formulary options, prospective Drug Utilization Review, prior
authorization notification, and electronic prescription processing.
Cymedix.com combines patented software technology with pragmatic logistical
processes that provide physicians with crucial patient and medication
information prior to prescription writing, without disruption to their customary
office procedure. Cymedix.com non-invasively extracts pertinent clinical and
administrative patient information from a physician's office system and combines
it with data supplied by the network provider's legacy system. Following
multiple scans, edits, and software functions, the critical information
regarding patient drug history, formulary options, and potentially harmful
interactions are transmitted to the physician. The secure provision of this
information increases the efficiency of the office practice, improves the
quality of care provided to the patient, and reduces the cost of care.
Additionally, Cymedix.com enables physicians to electronically construct a
prescription, record it within a local database, and electronically transmit or
fax it to the pharmacy of the patient's choice. Prescription transmission and
data transfer is conducted securely over private networks to maintain patient
confidentiality.
"Medix is ready to put Cymedix.com's Internet-based communications, and clinical
and administrative applications on physicians' desks," stated Prufeta.
"Partnering with innovative market leaders such as Advance Paradigm helps us
enhance Cymedix.com's functionality for physicians.
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Page Two/Medix and Advance Paradigm Enter Agreement
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, patent-pending 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 and 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.
