Exhibit 99.2 PROXYMED, INC. UNAUDITED PRO FORMA COMBINED STATEMENT OF OPERATIONS YEAR ENDED DECEMBER 31, 2000 MDP Pro Forma Adjustments Pro Forma --------------------- ProxyMed, Inc. (a) Corporation (b) Total # Dr. (Cr.) Combined ------------------ ---------------- ------------ --------------------- ------------- Net revenues $ 33,441,100 $ 6,407,400 $ 39,848,500 (1) 70,700 $ 39,777,800 --------------- --------------- ------------ ------------- Costs and expenses: Cost of sales 12,249,000 4,536,400 16,785,400 (1) (70,700) 16,714,700 Selling, general and adminstrative expenses 27,097,200 1,443,200 28,540,400 28,540,400 Depreciation and amortization 13,374,900 94,200 13,469,100 (2) 3,196,000 16,639,200 (3) (6,400) (4) (19,500) Restructuring charges 1,330,000 - 1,330,000 1,330,000 Write-off of impaired assets 2,850,100 - 2,850,100 2,850,100 --------------- --------------- ------------ ------------- 56,901,200 6,073,800 62,975,000 66,074,400 --------------- --------------- ------------ ------------- Income (loss) from continuing operations (23,460,100) 333,600 (23,126,500) (26,296,600) Other income (expense): Income from litigation settlement, net 666,600 - 666,600 666,600 Interest, net (4,133,000) (24,000) (4,157,000) (5) 490,000 (4,647,000) --------------- --------------- ------------ ------------- Income (loss) before income taxes (26,926,500) 309,600 (26,616,900) (30,277,000) Income tax benefit (expense) - - - - --------------- --------------- ------------ ------------- Net income (loss) (26,926,500) 309,600 (26,616,900) (30,277,000) Deemed dividends and other charges 21,366,600 - 21,366,600 21,366,600 --------------- --------------- ------------ ------------- Net income (loss) applicable to common shareholders $ (48,293,100) $ 309,600 $(47,983,500) $(51,643,600) =============== =============== ============ ============= Weighted average common shares outstanding 19,565,125 19,565,125 =============== ============= Basic and diluted loss per share of common stock from continuing operations $ (2.47) $ (2.64) =============== ============= (1) To eliminate intercompany revenues and cost of sales between ProxyMed and MDP. (2) To record amortization of goodwill over 3 years related to the acquisition of MDP. (3) To eliminate depreciation expense for fixed assets not acquired from MDP. (4) To record reduction of depreciation expense based on allocation of purchase price to fixed assets acquired from MDP. (5) To record interest expense on note payable issued for acquisition of MDP. (a) This column is derived from the audited consolidated financial statements of ProxyMed, Inc. and subsidiaries for the year ended December 31, 2000. (b) This column is derived from the audited financial statements of MDP Corporation for the year ended December 31, 2000. Amounts have been rounded to the nearest $100.