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MXR Ultra Midcap 400 Proshares Index (Intraday Indicative Value)

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Name Symbol Market Type
Ultra Midcap 400 Proshares Index (Intraday Indicative Value) AMEX:MXR AMEX Index
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 0 -

Medix Resources Reports Impressive Rollout of CarePoint Technology

03/11/2003 3:22pm

PR Newswire (US)


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Medix Resources Reports Impressive Rollout of CarePoint Technology Approaching 1,000th User, Physician Adoption Far Exceeds Initial Expectations; Grows Daily NEW YORK, Nov. 3 /PRNewswire-FirstCall/ -- Medix Resources, Inc. today announced that between its ePhysician and CarePoint(TM) user bases it has approximately 500 active users of its technology. More than 400 additional physicians are at various stages in the installation process, and the number of physicians expressing interest in CarePoint is growing steadily. Medix, through its wholly owned HealthRamp subsidiary, markets the CarePoint suite of technologies. CarePoint allows for electronic prescribing, lab orders and results, Internet-based communication, data integration, and transaction processing over a handheld device or browser, at the point-of-care. The combination of these technologies is designed to provide access to safer and better healthcare. Darryl Cohen, Medix Chairman and CEO said, "We are attracting 8 to 12 physician practices daily to our 'GET STARTED' procedure which enables physicians to enroll in CarePoint via our web site. Even more encouraging is the number of large practices, groups of 20 to as many as 400 physicians, that have expressed interest in utilizing CarePoint. We continue to expand our infrastructure, adding customer care personnel and system engineers along with sales resources, in the belief that truly explosive growth lies immediately in front of us." Medix, through its wholly owned HealthRamp subsidiary, enables the communication of high value healthcare information among physician offices, pharmacies, hospitals, pharmacy benefit managers, health management organizations, pharmaceutical companies and health insurance companies. Additional information about HealthRamp, and its products and services, can be found at http://www.healthramp.com/ . Safe Harbor Statement: To the extent that any statements made in this press release contain information that is not historical, these statements are essentially forward-looking. Forward-looking statements can be identified by the use of words such as "expects," "plans," "will," "may," "anticipates," "believes," "should," "intends," "estimates," and other words of similar meaning. These statements are subject to risks and uncertainties that cannot be predicted or quantified and, consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, the ability of Medix to raise capital to finance the development of its Internet services and related software, the effectiveness, profitability and the marketability of those services, the ability of the Company to protect its proprietary information and to retain and expand its user base, the establishment of an efficient corporate operating structure as the Company grows and, other risks detailed from time-to-time in our filings with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update any forward-looking statements. DATASOURCE: Medix Resources, Inc. CONTACT: investors, Andrew Brown, +1-212-697-2509, or media, Robin Schoen, +1-215-504-2122, both of Medix Resources, Inc. Web site: http://www.healthramp.com/

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