UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT
     Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

                          Date of Report: June 18, 2001

                              Medix Resources, Inc.
             (Exact name of registrant as specified in its charter)

           Colorado                   0-24768               84-1123311
(State or other jurisdiction        (Commission            (IRS Employer
      of incorporation)             File Number)         Identification No.)

          305 Madison Avenue, Suite 2033, New York,NY       10165
           (Address of principal executive offices)      (Zip Code)

       Registrant's telephone number, including area code: (212) 697-2509


          (Former name or former address, if changes since last report)

Item 5. Other Events.
---------------------
                      Press release announcing a $10 million
                      equity private placement with an investment fund.

Exhibits

             Exhibit 99.1 - Copy of press release


                                SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                         MEDIX RESOURCES, INC.

Date: June 18, 2001                   By: Gary L. Smith
                                          Executive Vice President and
                                          Chief Financial Officer