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Catasys Expands OnTrak-A Solution to Texas with Leading National Health Insurance Provider
PR Newswire
LOS ANGELES, Feb. 7, 2017
LOS ANGELES, Feb. 7, 2017 /PRNewswire/ -- Catasys, Inc. (OTCQB: CATS), a provider of proprietary predictive analytics and integrated treatment solutions to health plans, announced today that it has entered into an agreement to expand its OnTrak™-A solution with one of the nation's leading health plans to Texas. The plan's eligible commercial and Medicare Advantage members will be covered under OnTrak-A, a 52-week, multi-phase program in which enrolled members receive medical and psychosocial interventions, as well as intensive care coaching.
"We are excited to now provide our OnTrak-A solution to eligible commercial and Medicare Advantage members in Texas, which is the plan's largest state by membership. This represents the seventh state in which we have announced the launch of the OnTrak-A program. We are gratified to be adding our second largest national health plan to partner with us in the state of Texas," said Rick Anderson, Catasys' President and COO. "We are pleased with the rollout of OnTrak and the increased availability of our solution to members in Texas. We look forward to improving the health and lives of our enrolled members and their families while reducing overall medical treatment costs for the health plan."
According to the U.S. Department of Health and Human Services' National Survey on Drug Use and Health: Mental Health Findings for 2013, approximately 20 million (8.5%) adults in the U.S. met criteria for a substance use disorder (i.e., illicit drug or alcohol dependence or abuse). The National Institute of Mental Health reports anxiety disorders are the most common mental illness in the U.S., affecting 18.1% of the U.S. adult population, or approximately 43 million people age 18 and older. People with an anxiety disorder are three to five times more likely to go to the doctor and six times more likely to be hospitalized for psychiatric disorders than those who do not suffer from anxiety disorders. In addition, in 2013, an estimated 15.7 million U.S. adults aged 18 or older, or 6.7% of all U.S. adults, had at least one major depressive episode in the past year based on a study conducted by the National Survey on Drug Use and Health.
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, North Carolina, New Jersey, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, West Virginia and Wisconsin.
