PROXYMED INC /FT LAUDERDALE/
10-C, 1996-05-23
DRUG STORES AND PROPRIETARY STORES
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                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 10-C

                 REPORT BY ISSUER OF SECURITIES QUOTED ON NASDAQ
                          INTERDEALER QUOTATION SYSTEM

                  Filed pursuant to Section 13 or 15(d) of the
                 Securities Exchange Act of 1934 and Rule 13a-17
                              or 15d-17 thereunder

                                 PROXYMED, INC..
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               (Exact name of issuer as specified in its charter)

              2501 DAVIE ROAD, SUITE 230, FT. LAUDERDALE, FL 33317
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                    (Address of principal executive offices)

Issuer's telephone number, including area code   (954) 473-1001
                                               ---------------------------------

                    I. CHANGE IN NUMBER OF SHARES OUTSTANDING

         Indicate any change (increase or decrease) of 5% or more in the number
of shares outstanding:

1.       Title of security $.001 par value, common stock 
                           -----------------------------------------------------
2.       Number of shares outstanding before the change 3,335,225 
                                                        ------------------------
3.       Number of shares outstanding after the change 5,624,883
                                                       -------------------------
4.       Effective date of change 5/13/96 and 5/23/96
                                  ----------------------------------------------
5.       Method of change:
                Specify method (such as merger, acquisition, exchange,
                distribution, stock split, reverse split, acquisition of
                stock for treasury, etc.)      public offering
                                         ---------------------------------------

Give brief description of transaction on may 13, 1996, ProxyMed completed a
                                      -------------------------------------
public offering of 1,945,000 shares of common stock and on may 23, 1996,
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ProxyMed completed the over-allotment portion of such offering.
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                          II. CHANGE IN NAME OF ISSUER

1.       Name prior to change
                              --------------------------------------------------
2.       Name after change
                           -----------------------------------------------------
3.       Effective date of charter amendment changing name
                                                           ---------------------
4.       Date of shareholder approval of change, if required
                                                             -------------------
Date: May 23, 1996                  /s/HAROLD BLUE
                                   ------------------------------
                                   Harold Blue, Chairman of the Board and Chief
                                   Executive Officer





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