SANTA MONICA, Calif.–(BUSINESS WIRE)–$CATS—Catasys, Inc. (NASDAQ: CATS) (“Catasys” or the “Company”), a leading AI and technology-enabled healthcare company, today announced the expansion of its OnTrak-A solution with a leading national health plan into Colorado, Washington, D.C., Virginia and Louisiana beginning March 20, 2020. This expansion ensures that eligible commercial and Medicare Advantage members of the health plan in these states and Washington, D.C., will have access to critical behavioral healthcare to help them better manage chronic disease. With these expansions into Colorado and Washington, D.C., OnTrak is now available in 28 states, as well as the nation’s capital. Additional OnTrak-A expansions are expected in the remainder of 2020.
Mr. Terren Peizer, Chairman and CEO of Catasys, stated, “We are pleased to be expanding our outreach to eligible members of this national plan and look forward to engaging, identifying and treating as many members with unaddressed behavioral conditions and chronic disease as possible in the 23 states and Washington, D.C., where we are contracted with this partner to improve clinical, behavioral and economic outcomes. These expansions will significantly increase our outreach pool of eligible members, and we are thrilled that national health plans continue to see the tangible value in Catasys’ advanced technologies and AI capabilities.”
OnTrak is a critical component of the Catasys PRETM (Predict-Recommend-Engage) platform that predicts people whose chronic disease will improve with behavior change, recommends care pathways that are effective and that people will follow, and engages people who aren’t getting the care they need. OnTrak is an integrated solution that incorporates evidence-based psychosocial and medical interventions delivered either in-person or via telehealth, along with care coaching and in-market Community Care Coordinators who address the social and environmental determinants of health. OnTrak improves member health and delivers validated cost savings of more than 50% for enrolled members.
About Catasys, Inc.
Catasys, Inc. is a leading AI and technology-enabled healthcare company whose mission is to help improve the health and save the lives of as many people as possible. Its Catasys PRETM (Predict-Recommend-Engage) platform predicts people whose chronic disease will improve with behavior change, recommends effective care pathways that people are willing to follow, and engages people who aren’t getting the care they need. By combining predictive analytics with human engagement, Catasys delivers improved member health and validated outcomes and savings to healthcare payers.
Catasys’ integrated, technology-enabled OnTrak solution, a critical component of the Catasys PRE platform, is designed to treat members with behavioral conditions that cause or exacerbate chronic medical conditions such as diabetes, hypertension, coronary artery disease, COPD, and congestive heart failure, which result in high medical costs.
Catasys has a unique ability to engage these members, who do not otherwise seek behavioral healthcare, leveraging proprietary enrollment capabilities built on deep insights into the drivers of care avoidance.
OnTrak integrates evidence-based psychosocial and medical interventions delivered either in-person or via telehealth, along with care coaching and in-market Community Care Coordinators who address the social and environmental determinants of health, including loneliness. The program improves member health and delivers validated cost savings to healthcare payers of more than 50 percent for enrolled members. OnTrak is available to members of leading national and regional health plans in 28 states and in Washington, D.C.
Learn more at www.catasys.com.
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