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AEON Clinical Laboratory Partners With Authentidate's HIPAA-Compliant Telehealth Platform for Houston Clinics

Initial Implementation of Our Telehealth-Based Mental Health and Rehab Treatment in 8 Clinics, Which Serve 80,000 Patients Annually

BERKELEY HEIGHTS, N.J. and GAINESVILLE, Ga., Sept. 4, 2015 (GLOBE NEWSWIRE) -- Authentidate Holding Corp. (Nasdaq:ADAT), a provider of secure web-based revenue cycle management applications and telehealth products and services for healthcare organizations, today announced the first cross-sold application of Authentidate's leading telehealth solutions and AEON Clinical Laboratory's leading clinical solutions. As announced on August 25, 2015, Authentidate and AEON Clinical Laboratories have entered into a non-binding letter of intent to combine.

Authentidate will provide its HIPAA-compliant telehealth platform to AEON Clinical Laboratory, an expanding clinical laboratory. The initial implementation will be rolled out to eight Houston-area clinics, with upwards of 80,000 patients, to deliver remote mental health and rehab treatment. The program is ultimately expected to be expanded to 160 clinics. Outpatient reimbursement averages from $6,000-$8,000 per patient, per month. With the first eight clinics, AEON expects to treat 10,000 patients annually, and treatment duration to be one month.

AEON Clinical Laboratory's sister company, Palms Recovery, which owns inpatient and outpatient treatment companies with clinicians will provide treatment utilizing video chat from the clinician's computer and using Authentidate's Web-based telehealth application.

Richard Hersperger, CEO of AEON Clinical Laboratories commented, "This is exactly the type of synergy we expected when we first approached Authentidate. The combination of Authentidate's telehealth platform, and our sister company, Palms Recovery, will provide mental health services to patients of Houston Clinics who otherwise would not be able to get treated for mental health and drug and alcohol rehabilitative services. It's exciting to be rolling out to an initial eight clinics and we look forward to expanding to all 160 clinics."

Ian Bonnet, President and CEO of Authentidate, noted, "Authentidate's...