KCSA
PUBLIC RELATIONS
WORLDWIDE NEWS
Public & Investor Relations, Corporate & Marketing Communications
FOR: MEDIX RESOURCES, INC.
CONTACT: John R. Prufeta, President and CEO
(212) 697-2509
(212) 681-9817 (fax)
[email protected]
KCSA INVESTOR Sarah Shepard / Elena Bonaiuto
CONTACTS: (212) 896-1236 / (212) 896-1233
(212) 697-0910 (fax)
[email protected] / [email protected]
KCSA MEDIA Jessica Gates / Kevin Rini
CONTACTS: (212) 896-1229 / (212) 896-1292
[email protected] / [email protected]
FOR IMMEDIATE RELEASE
KAISER PERMANENTE GEORGIA AND MEDIX RESOURCES ANNOUNCE PILOT
PROGRAM
------
Atlanta, Georgia December 22, 2000 – Medix Resources, Inc. (AMEX: MXR)
today announced the signing of a letter of intent with Kaiser Permanente Georgia
to pilot Medix’ patented connectivity technology, enabling an initial group of
200 physicians to access eligibility verification and submit electronic claims
for Kaiser Permanente members. The program, to be formalized in a participation
agreement, will utilize Medix’ Cymedix® Universal Interface (CUI), which
seamlessly extracts claims and insurance data from physician practice management
systems, and allows the user to initiate transactions without interrupting
office workflow or adding administrative burden. This system will also enhance
compliance with patient confidentiality legislation. The pilot program will
begin in the first quarter of 2001.
Carolyn Kenny, President, Kaiser Permanente Georgia, stated, “This program
with Medix is consistent with Kaiser’s philosophy to partner with organizations
that can help streamline the administrative workload of our affiliated
physicians. We are very excited to offer a high level of customer service by
giving these physicians a simple way to check eligibility and submit claims.”
According to Joy Maxey, M.D., President of the Medical Association of
Georgia, “We are confident that this will be the first of many initiatives in a
growing collaboration between physicians and payers to achieve the goal of
reducing the administrative burden and improving the quality of patient care.”
John Prufeta, CEO of Medix Resources, stated “We are truly delighted to
partner with the Kaiser organization in a joint initiative to build an effective
communication bridge with physicians in Georgia. Collaboration between the
physician community and health plans is essential to achieving the common goal
of reducing health care costs while improving the quality of healthcare. Medix
offers essential technologies that enable this collaboration. Kaiser Permanente
has a long, successful history as a pioneer in the healthcare industry. We are
honored to have this leading organization as our first payor partner in the
Georgia marketplace.”
About Kaiser Permanente Georgia
Kaiser Permanente Georgia is the state's largest nonprofit health plan,
providing comprehensive health care services to more than 264,000 members
through 10 medical facilities in metro Atlanta, and a network of affiliated
hospitals and physicians. Kaiser Permanente of Georgia has "Excellent" ratings
for both its HMO and Medicare products from the National Committee for Quality
Assurance, placing it among the best health plans in the nation and region in
providing quality care and service.
About Medix Resources, Inc.
Medix Resources, Inc. through its wholly owned subsidiary Cymedix Lynx
Corporation is the developer and provider of the Cymedix® suite of fully-secure,
patented Internet based software products, that will allow instantaneous
communication of high value added healthcare information among doctor offices,
hospitals, health management organizations and insurance companies. 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.
# # #
Information in this press release contains forward-looking statements that
involve risks and uncertainties that might adversely affect Medix operating
results in the future to a material degree. Such risks and uncertainties
include, without limitation, the ability of Medix to raise capital to finance
the development of its software products, the effectiveness and the
marketability of those products, the ability of Medix to protect its proprietary
information, and the establishment of an efficient corporate operating structure
as Medix grows. These and other risks and uncertainties are presented in detail
in the Medix Form 10-KSB for 1999,and its Form 10-QSB for the third quarter of
2000, which were filed with the Securities and Exchange Commission on March 30,
2000, and November 14, 2000, respectively. This information is available from
the SEC or Medix.
This press release and prior releases are available on the
KCSA Public Relations Worldwide Web site at www.kcsa.com
