BERKELEY HEIGHTS, N.J., PALM BEACH GARDENS, Fla., June 10 /PRNewswire/ --Authentidate Holding Corp. (Nasdaq: ADAT), a worldwide provider of secureworkflow management software and web-based services, announced that it hasformed a joint venture with EncounterCare Solutions, Inc. (OTC Pink Sheets:ECSL), a provider of technology and services for the home healthcaremarketplace. The joint venture called ExpressMD(TM) Solutions will provide in-home patient vital signs monitoring systems and services to improve care forpatients with chronic illnesses and reduce cost of care by delivering resultsto their health care providers via the Internet.
ExpressMD Solutions will combine EncounterCare's Electronic House Call(TM)patient vital signs monitoring appliances with a specially designed web-basedmanagement and monitoring software module based on Authentidate's Inscrybe(TM)Healthcare platform. ExpressMD Solutions will enable unattended measurement ofpatients' vital signs and related health information. Patients' data willthen be securely sent electronically to each patient's health care providerfor review. ExpressMD Solutions will be designed to aid wellness andpreventative care, and deliver better continuity of care to specific patientsegments such as the elderly, special needs or pediatric patients with chronicillnesses who require regular monitoring of serious medical conditions.
According to a January 2008 research study conducted at the StateUniversity of New York at Fredonia, the demand for patient monitoring systemsin the primary healthcare sector in the United States is forecast to increase5.9 percent per year to an estimated $12 billion market by 2012 based onexpected contributions to positive therapeutic outcomes and efficiencies.Additionally, the study indicates that the market for self-monitoringactivities will also expand as treatment for chronic care patients, especiallypatients with asthma, diabetes and heart disorders focuses on preventativecare.
Using ExpressMD Solution's offerings health care providers will be able toeasily view their specific patient's vital statistics and make adjustments tothe patient's care plans via the Internet. ExpressMD Solution's easy to usepatient monitoring system is intended to provide patients with increased peaceof mind and improved condition outcomes through a combination of care planschedule reminders and comprehensive disease management education on their in-home communication unit. The service will provide intelligent routing to alerton-duty caregivers whenever a patient's vital signs are outside of thepractitioner's pre-set ranges.
