UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 3
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
1. Name and Address of Reporting Person
Cramer, Gerald B
707 Westchester Avenue
White Plains, NY 10604
USA
2. Date of Event Requiring Statement (Month/Day/Year)
07/20/00
3. IRS or Social Security Number of Reporting Person (Voluntary)
###-##-####
4. Issuer Name and Ticker or Trading Symbol
ProxyMed, Inc.
PILL
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
(X) Director ( ) 10% Owner ( ) Officer (give title below) ( ) Other
(specify below)
Director
6. If Amendment, Date of Original (Month/Day/Year)
7. Individual or Joint/Group Filing (Check Applicable Line)
(X) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
<TABLE>
<CAPTION>
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Table I -- Non-Derivative Securities Beneficially Owned |
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1. Title of Security |2. Amount of |3. Ownership |4. Nature of Indirect |
| Securities | Form: | Beneficial Ownership |
| Beneficially | Direct(D) or | |
| Owned | Indirect(I) | |
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<S> <C> <C> <C>
Common Stock, par value $.001 |3,750 |I |Partnership with children |
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Common Stock, par value $.001 |6,000 |I |Spousal Account |
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Common Stock, par value $.001 |75,000 |D | |
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Common Stock, par value $.001 |77,125 |D | |
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Common Stock, par value $.001 |77,125 |D | |
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Common Stock, par value $.001 |10,000 |I |Brother |
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Common Stock, par value $.001 |5,000 |I |Sister |
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<CAPTION>
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Table II -- Derivative Securitites Beneficially Owned |
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1.Title of Derivative |2.Date Exer- |3.Title and Amount | |4. Conver-|5. Owner- |6. Nature of Indirect |
Security | cisable and | of Underlying | |sion or |ship | Beneficial Ownership |
| Expiration | Securities | |exercise |Form of | |
| Date(Month/ |-----------------------|---------|price of |Deriv- | |
| Day/Year) | |Amount |deri- |ative | |
| Date | Expira- | |or |vative |Security: | |
| Exer- | tion | Title |Number of|Security |Direct(D) or | |
| cisable | Date | |Shares | |Indirect(I) | |
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<S> <C> <C> <C> <C> <C> <C> <C>
Warrant |6/10/99 |6/10/04 |Common Stock, par value|14,167 |$10.00 |D |Trust - Personal |
| | | $.001 | | | | |
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Warrant |6/10/99 |6/10/04 |Common Stock, par value|14,167 |$10.00 |I |Trust - Joint |
| | | $.001 | | | | |
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Warrant |07/07/01*|6/28/05 |Common Stock, par value|125,000 |$1.00** |D |Trust - Personal |
| | | $.001 | | | | |
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Warrant |07/07/01*|6/28/05 |Common Stock, par value|125,000 |$1.00** |I |Trust - Joint |
| | | $.001 | | | | |
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Warrant |07/07/01*|6/28/05 |Common Stock, par value|50,000 |$1.00** |I |Brother |
| | | $.001 | | | | |
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Series C 7% Convertible |N/A* |N/A |Preferred convertible i|250,000 |$1.00 |D |Trust - Personal |
Preferred Stock | | |nto Common w/optional &| | | | |
| | | Mandatory conversion r| | | | |
| | |ights | | | | |
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Series C 7% Convertible |N/A* |N/A |" |250,000 |$1.00 |I |Trust - Joint |
Preferred Stock | | | | | | | |
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Series C 7% Convertible |N/A* |N/A |" |100,000 |$1.00 |I |Brother |
Preferred Stock | | | | | | | |
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</TABLE>
Explanation of Responses:
*Conversion and Warrant Shares are subject to a 12-month lockup, which may be
extended an additional 12 months at the discretion of the Placement
Agent.
**Subject to anti-dilution adjustments as provided in the Warrant
Agreement.
SIGNATURE OF REPORTING PERSON
Gerald B. Cramer
DATE
July 26, 2000
