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Authentidate Rated One of the Top 10 Telehealth Vendors Worldwide in IHS World Market for Telehealth 2014 Edition(GlobeNewswire Via Acquire Media NewsEdge) BERKELEY HEIGHTS, N.J., March 5, 2014 (GLOBE NEWSWIRE) -- Authentidate Holding Corp. (Nasdaq:ADAT), a provider of secure web-based software applications and telehealth products and services for healthcare organizations, today announced that Authentidate was rated one of the top 10 telehealth vendors worldwide in the recently published IHS World Market for Telehealth 2014 Edition study. Ben Benjamin, Chief Executive Officer of Authentidate stated, "Our telehealth solutions are focused on helping clinicians improve patient compliance with their care plans, obtain better health outcomes and reduce hospital readmissions by closely monitoring patients with chronic illnesses and a number of other conditions. It is part of our strategy to support the emerging needs of a very dynamic healthcare marketplace and we are pleased that our products and services are being recognized." Authentidate offers telehealth solutions designed to remotely monitor patients with a number of chronic conditions. Easy-to-use touch screen monitoring devices or the interactive voice response system send automated reminders which can help increase patients' compliance with care plans, diets, medication schedules and follow-up physician visits. Patients also respond to a series of qualitative questions tailored to their illness, which provides additional input to clinicians. These solutions allow patients to continue with their daily routines while providing for frequent updates of patient data to healthcare providers without a face-to-face visit. Clinicians use Authentidate's telehealth solutions to remotely monitor and oversee the progress of their patients, reducing costs and allowing for improved patient outcomes. Healthcare staff can make adjustments to care plans on the secure Authentidate telehealth web application. Authentidate's telehealth solutions are designed for patients who require ongoing management of chronic diseases including Chronic Heart Failure (CHF), Chronic Obstructive Pulmonary Disease (COPD), Diabetes, Hypertension as well as a number of other patient illnesses, behavioral health conditions and wellness programs. According to IHS Technology "The global telehealth market is expected to grow by more than a factor of 10 from 2013 to 2018, as medical providers increasingly employ remote communications and monitoring technology to reduce costs and improve the quality of care." About Authentidate Holding Corp. Authentidate Holding Corp. is a provider of secure web-based software applications and telehealth products and services that enable healthcare organizations to coordinate care for patients and enhance related administrative and clinical workflows. Authentidate's products and services enable healthcare organizations to increase revenues, reduce costs and enhance patient care by eliminating paper and manual work steps from clinical and administrative processes. Authentidate's telehealth solutions combine patient vital signs monitoring with a web application that streamlines patient care management. Delivered as Software as a Service (SaaS), customers only require an Internet connection and web browser to access our web-based applications thereby utilizing previous investments in systems and technology. The company's healthcare customers and users include leading homecare companies, health systems, physician groups and governmental entities. These organizations utilize the company's products and services to coordinate care for patients outside of acute-care. For more information, visit the company's website at www.authentidate.com This press release contains forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Act of 1934. When used in this release, the words "believe," "anticipate," "think," "intend," "plan," "will be," "expect," and similar expressions identify such forward-looking statements. Such statements regarding future events and/or the future financial performance of the company are subject to certain risks and uncertainties, which could cause actual events or the actual future results of the company to differ materially from any forward-looking statement. Such risks and uncertainties include, among other things, the availability of any needed financing, the company's ability to implement its business plan for various applications of its technologies, the impact of competition, the management of growth, and the other risks and uncertainties that may be detailed from time to time in the company's reports filed with the Securities and Exchange Commission. In light of the significant risks and uncertainties inherent in the forward-looking statements included herein, the inclusion of such statements should not be regarded as a representation by the company or any other person that the objectives and plans of the company will be achieved. Authentidate, Inscrybe and InscrybeMD are registered trademarks of Authentidate Holding Corp. All other trade names are the property of their respective owners. CONTACT: Media Contacts: Peter Seltzberg, Hayden IR, [email protected] (646) 415-8972 Brett Maas, Hayden IR, [email protected] (646) 536-7331 Source: Authentidate Holding Corp. 2014 GlobeNewswire, Inc. |