May 11 2011
Catasys, Inc. (OTCBB:CATS) announced today that it has launched and begun enrollment for its integrated substance dependence program, called OnTrak™, in Nevada. Eligible health plan members affected by substance dependence will be covered under Catasys' OnTrak program, which includes medical and psychosocial interventions, as well as a care coaching component over a 52-week period. Catasys will receive monthly fees for members enrolled in the OnTrak program.
“We are pleased to commence our OnTrak program in Nevada. We expect enrollment and revenue to begin this quarter and to grow throughout the year”
"We are pleased to commence our OnTrak program in Nevada. We expect enrollment and revenue to begin this quarter and to grow throughout the year," said Rick Anderson, Catasys's President and COO. "This launch represents a significant milestone as it is the Company's first completed health plan program implementation. We look forward to launching additional previously announced contracts in the second quarter and to engaging new clients from our sales and marketing pipeline during the remainder of the year."