BERKELEY HEIGHTS, N.J., Feb. 19, 2013 (GLOBE NEWSWIRE) -- Authentidate Holding Corp. (Nasdaq:ADAT), a provider of secure web-based software applications and telehealth products and services for healthcare organizations and Fastrack™ Healthcare Systems announced today that they have entered into an agreement to provide ongoing development updates and support for an interface between Authentidate's Inscrybe® Referral and Order Management solution and the Fastrack™ Enterprise System. The interface automates electronic record transfer between the two systems and has already been successfully implemented at some client locations. Together, these two complimentary solutions form a powerful, fully electronic practice management solution with enhanced workflow capabilities for online referral and order management.
The Inscrybe Referral and Order Management solution is a web-based software service that enables providers and suppliers to process referrals and care orders faster and more accurately than ever before. Physicians can use Inscrybe to exchange, update, complete and electronically sign referrals and care orders quickly and accurately using this solution. Inscrybe also provides electronic fax services so physicians that have not yet converted to electronic records can elect to continue to communicate via fax. The improved workflows provided by Inscrybe have a proven track record of reducing turnaround time, improving completeness and reducing overheads and Days Sales Outstanding (DSO) related to delays in processing patient care documentation required for reimbursement. Inscrybe's streamlined workflow also improves communications with referring physicians.
Sunil Hazaray, Chief Commercial Officer at Authentidate said, "The interface between Fastrack and Inscrybe can be used to reduce paperwork management for Fastrack clients as well as their referring physicians. Our collaboration with Fastrack opens up new potential for Inscrybe to serve Fastrack clients and referring physicians who can benefit from Inscrybe's streamlined workflow and eSignature capabilities."
The Fastrack Enterprise System is designed for Home Healthcare Agencies (HHA), Infusion Pharmacy and Durable Medical Equipment (DME) companies. It is built on an industry-leading architecture that allows quick adaptation to new technologies and easy integration to external applications for effective information exchange. Fastrack automates virtually every aspect of business for HHA, Infusion Pharmacy and DME companies.
Spencer Kay, President at Fastrack said, "I believe that the Inscrybe interface provides significant value-add for our Fastrack clients to help them eliminate paperwork and improve their DSO. Fastrack is also a viable alternative for many Inscrybe clients who may want to upgrade their older enterprise management system and still retain the advanced features provided by Inscrybe."
About Fastrack Healthcare Systems, Inc.
Fastrack is a leading supplier of software and technology to Home Medical Equipment providers, Durable Medical Equipment, Respiratory Providers, Home Infusion Pharmacies & Home Healthcare Agencies. Fastrack offers a solution for each individual segment of homecare as well as one system encompassing virtually every clinical, operational and financial aspect of a provider's business, automating several or all of these product/service lines within one integrated Microsoft SQL database.
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.
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 and Inscrybe are registered trademarks of Authentidate Holding Corp. All other trade names are the property of their respective owners.
CONTACT: Investor Contacts: Robert Schatz Wolfe Axelrod Weinberger Assoc. LLC (212) 370-4500; (212) 370-4505 faxSource:Authentidate Holding Corp.