Wednesday, December 27, 2006

Innovative Transaction Fee Model Designed for Multiple Payors to Create Recurring Revenues and Funding for Future Zixcorp Pocketscript(R) e-Prescribing Deployments

It looks like there is growing momentum behind paying per e-precription.
If anyone knows the name of the other vendor, please let us know. SV

Zix Corporation (ZixCorp(R)), (Nasdaq:ZIXI), the leader in hosted services for email encryption and e-prescribing, today announced a contract for a new 500-physician e-prescribing program, to be split evenly between ZixCorp and another vendor. In addition to a full sponsorship for each prescriber's deployment and first year of service, the contract also contains a $1 per qualified e-script transaction fee beginning in the first year and going forward, the majority of which will go to ZixCorp to cover on-going annual prescriber licenses and other costs associated with providing the service. The remainder of these transaction fees will be used to fund future deployments of additional prescribers, creating a self-perpetuating expansion model. The total dollar value of these script fees will be a function of the number of payors who ultimately choose to participate in the program.


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