Nice move for PILL today... here's the news:
ProxyMed and IDX.com Announce eCommerce Partnership
June 30, 1999 04:06 PM
FORT LAUDERDALE, Fla. and BURLINGTON, Vt., June 30 /PRNewswire/ -- ProxyMed PILL today announced the signing of an agreement with IDX.com, a business unit of IDX Systems Corporation IDXC for online clinical and financial electronic data interchange services to physicians, pharmacies, laboratories, and payers. The agreement with ProxyMed is part of the IDX.com strategy to deliver comprehensive Internet-based services for physicians, healthcare workers, and patients. ProxyMed will provide prescription and laboratory connectivity, claims, and encounter transaction services for IDX's 110,000 physicians. The relationship between ProxyMed and IDX.com will build on the 10 million transactions annually transmitted by ProxyMed for 43 of the 1,650 IDX customer sites.
According to IDX Vice President of Marketing Pamela Pure, the demand for eCommerce services is expected to be strong. "Our customers are asking for a comprehensive eCommerce approach that includes the full range of connectivity and transaction capabilities. Our relationship with ProxyMed puts us in a strong position to move closer to providing an Internet-based EDI desktop solution that will benefit everyone -- the physicians, the payers, and ultimately, healthcare consumers."
Jim Pickering, Co-President of ProxyMed, Inc. said, "To have a preferred agreement with a prominent healthcare technology company presents us with an exciting opportunity. Through the IDX.com Physician Desktop, we are positioned to expand the broad clinical connectivity that ProxyMed has achieved.
Mr. Pickering concluded, "The need for healthcare eCommerce services is unmistakable-there are approximately 30 billion manual healthcare processes performed each year between physicians and pharmacies, laboratories, payers, managed care organizations and hospitals, and only a small percentage of these transactions are done electronically. We believe that our relationship with IDX.com is a significant step towards helping move healthcare transactions in the direction of more efficient electronic transmissions of information between healthcare participants."
Founded in 1969, IDX Systems Corporation, which includes its IDX.com division, provides complete healthcare information solutions for integrated delivery networks including, group practices, MSOs, health plans, and hospitals. IDX.com delivers comprehensive Internet-based knowledge management services that improve the healthcare value equation for physicians, healthcare workers, and patients. To connect systems and sites across the enterprise that provides the products and services required to streamline patient flow, enhance quality, and reduce costs across complex healthcare delivery networks. IDX is the company of choice at more than 1,650 customer sites nationwide.
ProxyMed, Inc., based in Ft. Lauderdale, Florida, is a healthcare information service company that provides on-line clinical and financial electronic data interchange (EDI) services to physicians, nursing homes, pharmacies, commercial and hospital laboratories, insurance companies and managed care organizations through its secure national healthcare information network, ProxyNet(TM).
This press release contains forward-looking statements that involve a number of risks and uncertainties, including statements regarding the expected development of IDX's Web-based strategy and the future benefits IDX expects to derive as a result of that strategy. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are the volume and timing of systems sales and installations, length of sales cycles and installation process, seasonal patterns of sales and customer buying behaviors, procurement, development and implementation of year 2000 ready products for internal use, procurement, development and implementation of year 2000 ready solutions for customers, the potential disruption of customer's purchasing plans due to work on their own year 2000 problems, development by competitors of new or superior technologies, delays in product development, undetected errors or bugs in software, product liability, changing economic, political and regulatory influences on the healthcare industry, changes in product pricing policies, competitive pressures, possible regulation of the Company's software by the U.S. Food and Drug Administration, general economic conditions, and the risk factors detailed from time to time in the Company's periodic reports and registration statements filed with the Securities and Exchange Commission, which important factors are incorporated herein by reference.
SOURCE ProxyMed, Inc.
|
