Catasys, Inc. harnesses proprietary big data predictive analytics, artificial intelligence and telehealth, and human intervention to deliver improved member health and cost savings to health plans through integrated technology enabled treatment solutions. It is our mission to provide access to affordable and effective care, thereby improving health and reducing cost of care for people who suffer from the medical consequences of behavioral health conditions. Catasys helps these people and their families achieve and maintain better lives.

Doctor meeting with patient

OnTrak improves member health while reducing inpatient and emergency-room utilization, driving a reduction of more than 50% in enrolled health insurers’ costs. OnTrak is currently available in 24 states to members of most leading health plans, including 7 of the top 8 health plans in the U.S., servicing an attractive and underserved market with no direct competitors. Catasys generated record revenue of $11.8M in 4Q19, up 109% YoY and has provided 2020 GAAP revenue guidance of $90 million.

  • Catasys’s solution (OnTrak) reduces provides health plans ~54% in savings per enrolled member
    • Incentivizes health plans to pay 100% of members’ treatment costs
    • Provides health plans an estimated 5-to-1 ROI

  • $33.7 billion total addressable market
    • At 20% enrollment - $6.7 billion in annual revenue for Catasys
    • Catasys’ existing customers represent 60% of total market

  • 2020 guidance of $90 million in GAAP revenues
    • Achieving guidance represents a 156% increase over 2019 GAAP revenues of $35.1 million
    • 2019 revenue increased 131% over 2018 revenue; Company met guidance target of $35 million
    • Guidance does not include new contracts and subsequent launches, initial launches of existing contracts, and new expansions within existing contracts

  • Rapid ramp up for new plan launches
    • 45 days to launch in a previously entered state
    • 90 days to launch in a new state
    • Achieve steady state of 20% enrollment in approximately 12-15 months post-launch

  • Significant ramp in outreach pool of individuals
    • 4Q19 enrollment increased 349% year-over-year
    • Total outreach pool of eligible lives increased to 156,000, up 280% year-over-year, in 4Q19

  • Currently has agreements with 7 of the top 8 health plans in US
    • United Healthcare, Humana, Coventry Healthcare, Network Health, Aetna, Centene, Optima Health, Health Alliance, and MHS Health Wisconsin

  • Multiple Wall Street analysts cover stock
    • Canaccord Genuity, Oppenheimer, Dougherty, and ThinkEquity