Proxymed, Inc. - PILL- Profile

Proxymed, Inc.. The Group's principal activities are to provide connectivity services and related value-added products to physician offices, payers, medical laboratories, pharmacies and other healthcare institutions. Its customers include pharmacies, commercial and hospital laboratories, insurance companies, managed care organizations and nursing homes. Its operating facilities are located in Fort Lauderdale, Florida; Santa Ana, California; and New Albany, Indiana. Electronic transaction processing services support a broad range of financial and clinical transactions. The Group operates a proprietary national electronic information network known as Phoenix. The healthcare industry offers services like new prescription orders, refill authorizations, laboratory orders and results and medical insurance claims. Transaction Services accounted for 86% of 2006 revenues and Laboratory Communication Solutions, 14%