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 15, 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 appointment of an Executive Vice President of Operations and
Senior Vice President and National Director of Marketing and
Sales.
<PAGE>
Exhibits
Exhibit 99.1 Press release dated March 15, 2000 announcing the appointment of an
Executive Vice President of Operations and Senior Vice President and National
Director of Marketing and Sales.
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 15, 2000
MEDIX NAMES EVP OF OPERATIONS AND
SVP/NATIONAL DIRECTOR OF MARKETING & SALES
New Positions Strengthen iHealth Software Provider's Management Team
New York, NY -- John R. Prufeta, president and CEO of Medix Resources, Inc.
[OTCBB:MDIX], today announced that Patricia A. Minicucci, 50, has been named
executive vice president of Operations. Additionally, the firm named Brian
Ellacott, 43, senior vice president/national director of corporate development.
Medix provides Internet-based healthcare communication, data integration, and
transaction processing software through its Cymedix.com product line.
Most recently, Minicucci was executive vice president and principal of Creative
Health Concepts, a national consulting organization specializing in the managed
care and health insurance industries. In her new position, she will oversee the
firm's finance, legal, human resources, and strategic planning efforts and
integration of all acquisitions. Ellacott was president of Cosmetic Surgery
Consultants, a plastic surgery provider network providing plastic surgery
programs to health plans. In his new position, he will have national sales and
marketing responsibilities for strategic accounts and Internet alliances.
"I am delighted that Pat and Brian have joined the Medix management team,"
stated Prufeta. "They are battle-tested industry veterans with proven track
records in the healthcare industry. Their significant talents will immediately
contribute to our goal of building the Medix enterprise nationally."
Minicucci stated, "I believe Medix brings an already outstanding suite of
value-added services to the healthcare industry and I am absolutely delighted to
have the opportunity to help lead our Company's growing national presence and
develop its product portfolio."
"Medix has developed a unique Internet software solution to enhance
communication and healthcare transactions between providers and payors," stated
Ellacott. "I am very excited by the partnering opportunities that will improve
the efficiencies of the daily interactions between patients, physicians,
hospitals and health plans."
As executive vice president and principal of Creative Health Concepts, Minicucci
assisted clients with strategic planning processes, venture planning, final
business strategy development, tactical turnaround and execution plans, and
enterprise-level due diligence. Earlier she founded and was chief executive
officer of Practice Paradigms, a consulting organization serving primary care
physicians. Prior to founding Practice Paradigms, Minicucci was senior vice
president- managed care with Empire Blue Cross Blue Shield and, before that,
president-employee benefits division with Washington National Corporation.
Minicucci began her career in healthcare at CIGNA Corporation where she held
numerous positions, including president-South Central Division, CIGNA Healthplan
Inc.; vice president-human resources division, Employee Benefits Group; vice
president-human resources department, Group Insurance Division; and regional
vice president-field claim operations, Group Insurance Division. Miniccuci holds
a B.A. in History from Russell Sage College.
Prior to serving as president of Cosmetic Surgery Consultants, Ellacott was
executive vice president of Alignis Inc., an alternative healthcare PPO. Before
that, he was president-Bibb Hospitality (Atlanta) for The Bibb Company. Ellacott
began his career in healthcare at Baxter International/American Hospital Supply
where he held numerous positions, including director of national accounts
(Chicago); director of marketing (Australia); director of marketing (Canada);
systems manager (Canada); regional manager (British Columbia); and product
manager (hospital products). He holds a B.A. in Business Administration, with
Honors, from Wilfrid Laurier University (Waterloo, Canada).
Medix Resources, through its wholly-owned subsidiary 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
