Kaiser Permanente Georgia And Medix Resources Announce Pilot Program.Business Editors ATLANTA--(BUSINESS WIRE)--Dec. 22, 2000 Medix Resources, Inc. (AMEX AMEX See: American Stock Exchange : MXR MXR Mixer MXR Munxar (postal locality, Malta) MXR Mail Exchange Record ) 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(R) Universal Interface (CUI (Character-based User Interface) A user interface that uses the character, or text, mode of the computer, such as DOS and Unix. In order to instruct the computer, commands are typed in. Contrast with GUI. ), 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 patient confidentiality Medical practice A Pt's right to privacy and freedom from public dissemination of information that the Pt regards as being of a personal nature. See HIPAA, Medical privacy. 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 (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. 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 HMO health maintenance organization. HMO n. A corporation that is financed by insurance premiums and has member physicians and professional staff who provide curative and preventive medicine within certain financial, and Medicare products from the National Committee for Quality Assurance National Committee for Quality Assurance Medical practice A private, not-for-profit organization which has become the leading accreditor of managed care plans; in site visits, NCQA reviewers evaluate a managed care plan in terms of quality management, physicians' , 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 Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. Cymedix Lynx Corporation is the developer and provider of the Cymedix(R) suite of fully-secure, patented Internet based software products, that will allow instantaneous communication of high value added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. 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 KCSA Krannert Center Student Association KCSA Kentucky Crushed Stone Association (Frankfort, KY) KCSA Kyiv City State Administration KCSA Kalamazoo Christian School Association KCSA Kentucky-Canadian Studies Association Public Relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most Worldwide Web site at www.kcsa.com |
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