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American Homepatient Validates Benefits Of Using Authentidate's InscrybeTM Healthcare Platform
Adds new eOrder Module introduced on Inscrybe Platform
BERKELEY HEIGHTS, N.J.
April 23, 2007
Authentidate Holding Corp. (Nasdaq: ADAT), a worldwide provider of secure enterprise workflow management applications, today announced that American HomePatient, Inc. (OTCBB: AHOM), one of the nation's largest home medical equipment providers, is realizing significant improvement in operational efficiencies from the use of Inscrybe Healthcare. American HomePatient began implementing the eCMN capabilities of Inscrybe at all of its billing centers and over 250 branch locations nationwide in 2006. With a view to driving further physician service improvements and internal productivity gains, American HomePatient has also signed up as the first customer for Authentidate's new Inscrybe eOrder module, introduced to the market today.
Inscrybe Healthcare is a web-based enterprise-class platform that brings together an integrated suite of capabilities, which allows participants in the healthcare industry to securely exchange and track a variety of documents such as certificates of medical necessity (eCMN), prior authorizations (ePA), electronic claims attachments (eCA), and plans of care for skilled nursing services (ePOC). eOrder, the newest module, streamlines the management of orders placed by physician offices. As with any of the above Inscrybe modules, eOrder is designed to seamlessly accommodate transactions over the web and via fax.
"We are realizing significant operational efficiencies as a result of deploying the Inscrybe eCMN capabilities in our billing centers and branch locations. Over the past 12 months, we have seen a 65% reduction in turnaround time of documents processed by physician offices through Inscrybe, a significant reduction in unbilled dollars, and a marked improvement in internal document processing throughput. Besides a direct impact on our bottom line, it has improved the service experience for our physician and patient communities," commented Doug Gouy, Senior Vice President of Revenue Management at American HomePatient, Inc. "And now, by utilizing eOrder, our referral sources will be able to place and track orders with just a few simple mouse clicks, and we will be able to track and document these orders with similar ease."
"We are very pleased with the success American HomePatient has experienced using Inscrybe Healthcare, and look forward to expanding our relationship with them as they adopt our new eOrder module," commented Jakes Srinivasan, Vice President, Corporate Development for Authentidate. He added, "Inscrybe Healthcare offers our customers a fully hosted service, that does not require software downloads, is easy to implement, and allows our customers to cost-effectively focus on the important task of growing their businesses."
On April 24, 2007, at the Medtrade Spring 2007 conference in Las Vegas, American HomePatient and Authentidate will jointly present a case study on how technology and process innovations may be cost-effectively deployed to improve operational efficiencies, deliver higher levels of customer satisfaction, and raise process integrity standards.
For more information on Inscrybe Healthcare, call 1-877-467-2792 or visit http://www.inscrybe.com/.
About American HomePatient, Inc.
American HomePatient, Inc. is one of the nation's largest home health care providers with 250 centers in 34 states. Its product and service offerings include respiratory services, infusion therapy, parenteral and enteral nutrition, and medical equipment for patients in their home. American HomePatient, Inc.'s common stock is currently traded in the over-the-counter market or, on application by broker-dealers, in the NASD's Electronic Bulletin Board under the symbol AHOM or AHOM.OB.
About Authentidate Holding Corp.
Authentidate Holding Corp.'s a worldwide provider of secure enterprise workflow management applications that incorporate its proprietary and patent pending content authentication technology in the form of the United States Postal Service® Electronic Postmark® and electronic signing solutions. Authentidate also provides secure document management solutions, and enterprise network security products and services.
The company operates its software and services businesses in three segments: the Security Software Solutions segment (including Authentidate, Inc., Trac Medical Solutions, Inc. and Authentidate International AG), the Document Management Solutions segment (Docstar Division) and the Systems Integration segment (DJS). For more information, visit the company's website at http://www.authentidate.com/.
For more information about American HomePatient, Inc. please see: http://ahom.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, related decisions by the USPS, 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 and Inscrybe are trademarks of Authentidate Holding Corp. in the United States and/or other countries. All other trade names are the property of their respective owners.
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