United States

Profile: Catasys Inc (CATS.A)

CATS.A on American Stock Exchange

20 Aug 2019
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Catasys, Inc., incorporated on October 29, 2003, is a provider of data analytics based specialized behavioral health management and treatment services to health plans through its OnTrak program. The Company's program utilizes member engagement and patient centric treatment that integrates evidence based medical and psychosocial interventions along with care coaching in a 52-week outpatient program. The Company operates through healthcare services segment. The healthcare services segment includes OnTrak and its integrated substance dependence solutions marketed to health plans, other third-party payers through a network of licensed, and Company managed healthcare providers. Its initial focus was on members with substance use disorders. It operates its OnTrak for substance dependence program in Florida, Illinois, Kansas, Kentucky, Louisiana, Massachusetts, Missouri, New Jersey, Oklahoma, Pennsylvania, Texas, West Virginia and Wisconsin, and its OnTrak for anxiety program in Kansas. It provides services to commercial (employer funded), managed Medicare Advantage and managed Medicaid populations.

The Company's OnTrak program combines medical and psychosocial treatments with elements of traditional disease management, case management and ongoing member support to help organizations treat and manage populations struggling with substance dependence, depression and anxiety to manage their health. Its OnTrak program includes identification of impactable members, member engagement, enrollment/referral, provider network, outpatient medical treatment, outpatient psychosocial treatment, care coaching, monitoring and reporting, and its Web-based clinical information platform (eOnTrak).

The Company assists health plans to identify those members who incur costs and appropriate for enrollment into OnTrak. It then engages and enrolls targeted members into its program through direct mailings and telephonic outreach, and referral through health plan sources. After enrollment, its contracted network of providers provide treatments utilizing integrated medical and psychosocial treatment modalities, including its OnTrak Relapse Prevention Program to help members develop coping skills and a recovery support network. Throughout the treatment process, its care coaches work directly with members to keep them engaged in treatment by proactively supporting members to enhance motivation, minimize lapses and enable lifestyle modifications consistent with the recovery goals. It also links providers and care coaches to member information through its eOnTrak Web-based clinical information platform, enabling each provider to be informed with a member's treatment in order to assist in providing possible care. Periodically it provides outcomes reporting on clinical and financial metrics to its customers to demonstrate the extent of the program's value.

The Company's OnTrak program is designed to improve treatment outcomes and lower the utilization of medical and behavioral health plan services by utilizing and risk enrollees. Its OnTrak substance dependence programs include medical and psychosocial interventions, a Web-based clinical information platform and database, psychosocial programs and integrated care coaching services.

The Company competes with Hummingbird, One Health Solutions and Health Integrated.

Company Address

Catasys Inc

11601 Wilshire Blvd Ste 1100
LOS ANGELES   CA   90025-1747
P: +1310.4444300
F: +1310.4445300

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