Peizer’s Catasys to Provide Depression, Anxiety, and SUD Treatment to Largest Medicaid Plan in Texas

Peizer’s Catasys to Provide Depression, Anxiety, and SUD Treatment to Largest Medicaid Plan in Texas

– Texas Represents Nearly 30% of the Member Population for this National Health Plan
– Expansion into Texas is Following Expansion of Original Program in Wisconsin

Los Angeles, California—March 25, 2017—Catasys, Inc. (CATS), a provider of proprietary predictive analytics and integrated treatment solutions to health plans, announced today that it has expanded its OnTrak™-C solution coverage with one of the nation’s leading health plans to Texas. The health plan has the largest Medicaid plan in Texas, and the eligible Medicaid members with Substance Use Disorder (“SUD”) will be covered under OnTrak-C, a 52-week, integrated medical and behavior treatment program in which enrolled members receive medical and psychosocial interventions, as well as intensive care coaching.

“Expanded coverage of our OnTrak-C solution into Texas represents the second state that we have entered with this leading national health plan. We are pleased to have this customer expand availability to Texas, which is its largest state plan, representing nearly thirty percent of the health plan’s Medicaid member population. This is our third agreement with the nation’s leading health plans for Texas, which will allow us to further leverage our existing operational infrastructure. We are excited with the continued growth of our program as all of our customers have expanded the availability of OnTrak into new states, new lines of business (commercial, Medicare and Medicaid plans), or by expanding their coverage to include depression and anxiety,” said Terren Peizer, Catasys Founder, Chairman and CEO.

“Our experience has shown that Medicaid populations tend to have a higher prevalence of eligible members than commercial populations. We look forward to assisting these Medicaid members to improve their health and to reduce costs for the health plan,” concluded Mr. Peizer.

Catasys’ OnTrak program is designed to improve patient health while lowering costs to the insurer for underserved populations in which behavioral health conditions are exacerbating co-existing medical conditions. OnTrak has demonstrated effectiveness with a 50% reduction in health care costs for members enrolled in the program as well as reductions in hospital days, ambulance usage, emergency room visits and more thorough identification, engagement and treatment. Catasys currently operates programs in Florida, Georgia, Illinois, Kansas, Kentucky, Louisiana, Massachusetts, Missouri, New Jersey, North Carolina, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, West Virginia and Wisconsin.

About Catasys, Inc.
Catasys, Inc. provides big data based analytics and predictive modeling driven behavioral healthcare services to health plans and their members through its OnTrak solution. Catasys’ OnTrak solution–contracted with a growing number of national and regional health plans–is designed to improve member health and, at the same time, lower costs to the insurer for underserved populations where behavioral health conditions cause or exacerbate co-existing medical conditions. The solution utilizes proprietary analytics and proprietary enrollment, engagement and behavioral modification capabilities to assist members who otherwise do not seek care through a patient-centric treatment that integrates evidence-based medical and psychosocial interventions along with care coaching in a 52-week outpatient treatment solution.

OnTrak is currently improving member health and, at the same time, is demonstrating reduced inpatient and emergency room utilization, driving a more than 50 percent reduction in total health insurers’ costs for enrolled members. OnTrak is currently available to members of several leading health plans in Florida, Georgia, Illinois, Kansas, Kentucky, Louisiana, Massachusetts, Missouri, New Jersey, North Carolina, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, West Virginia and Wisconsin. For further information, please visit catasys.com.

Peizer’s Catasys Contracts with the Largest U.S. Health Insurance Company

Catasys Contracts with the Largest U.S. Health Insurance Company

– OnTrak-U Solution initially launching in 8 states
– OnTrak-U Solution will cover depression, anxiety, and substance use disorder

LOS ANGELES, February 2, 2017 /PRNewswire/ — Catasys, Inc. (CATS), a provider of proprietary predictive analytics and integrated treatment solutions to health plans, announced today that it has contracted with the largest national health insurance company in the United States (the “Insurer”) to implement its OnTrak solution for anxiety, depression and substance use disorders (OnTrak-U). OnTrak-U is anticipated to launch in the first half of 2017 in eight states where OnTrak is already available to members of other leading health plans, with a case rate fee when members enroll plus a sharing of savings with the health plan.

Catasys eligible members average approximately $30,000 in costs to health insurers per year, and Catasys has been shown to reduce inpatient and emergency room utilization, driving an approximately 50 percent average reduction in total health insurers’ costs for enrolled members from the year prior to enrollment.

This contract will leverage Catasys’ proprietary analytic models to identify impactable members to engage and is anticipated to significantly contribute towards the Company’s goal of Equivalent Lives covered under contract of 20 million by the end of 2017. The Company has signed agreements to provide its OnTrak solution to several health plans, including some of the largest in the United States (http://catasys.com/clients.html).

“This is an exciting opportunity to expand and leverage our existing operations in several states and significantly increase the number of eligible members for our OnTrak solution. This represents the first multi-state agreement which will use our analytic models for our expanded product offering covering high-cost members suffering from anxiety, depression or substance use disorders. We are very pleased with the reception our advanced proprietary solutions are receiving in the market,” stated Rick Anderson, President and COO of Catasys.

“This particular health plan has an exceptional track record of innovation and providing care to its members. We are excited to partner with them and look forward to demonstrating the value of our solution,” concluded Mr. Anderson.

Investor Call
The Company will hold a conference call with the investment community today, February 2, 2017 at 4:30 p.m. Eastern Time / 1:30 p.m. Pacific Time. For interested individuals unable to join the conference call, a replay of the webcast will be available at http://catasys.com/presentations.html for 30 days following the call. Also, a dial-in replay of the call will be available through February 16, 2017, at +1-844-512-2921 (U.S. Toll Free) or 1-412-317-6671 (International). Participants must use the following code to access the dial-in replay of the call: 1474347.

About Catasys, Inc.
Catasys, Inc. provides big data based analytics and predictive modeling driven behavioral healthcare services to health plans and their members through its OnTrak solution. Catasys’ OnTrak solution–contracted with a growing number of national and regional health plans–is designed to improve member health and, at the same time, lower costs to the insurer for underserved populations where behavioral health conditions cause or exacerbate co-existing medical conditions. The solution utilizes proprietary analytics and proprietary enrollment, engagement and behavioral modification capabilities to assist members who otherwise do not seek care through a patient-centric treatment that integrates evidence-based medical and psychosocial interventions along with care coaching in a 52-week outpatient treatment solution.

OnTrak is currently improving member health and, at the same time, is demonstrating reduced inpatient and emergency room utilization, driving a more than 50 percent reduction in total health insurers’ costs for enrolled members. OnTrak is currently available to members of several leading health plans in Florida, Georgia, Illinois, Kansas, Kentucky, Louisiana, Massachusetts, Missouri, North Carolina, New Jersey, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, West Virginia and Wisconsin. For further information, please visit catasys.com.