Catasys Employees Honor Mental Health Awareness Month by Donating to Non-Profit Organizations that Address Social Determinant...
19 Maggio 2020 - 2:30PM
Business Wire
Catasys, Inc. (NASDAQ: CATS) (“Catasys” or the
“Company”), a leading AI-powered and telehealth-enabled,
virtualized outpatient healthcare treatment company, today
announced that its more than 500 employees have chosen to fund the
programs of 26 non-profit partner organizations who actively serve
OnTrakTM communities to treat the whole health of individuals.
Mr. Terren Peizer, Chairman and CEO of Catasys, stated, “No
corner of our society has been left untouched by the COVID-19
pandemic, including the non-profit sector. Last month’s Charity
Navigator and Reuters News survey of non-profits found that 83%
reported financial hardship and 64% reported cuts in their
programs. Every day our Catasys Care Coaches and local Community
Care Coordinators partner with non-profit organizations to ensure
that OnTrak members have access to the critical resources needed to
address social determinants of health. The survival of non-profits
impacts access to food, shelter, healthcare and human connection,
and long lines at food banks only heighten the anxiety levels of
our members.”
Mr. Peizer continued, “Our mission is to help improve the health
and save the lives of as many people as possible. There is no
better time than Mental Health Awareness Month to further that
mission by helping the non-profits whose fundraiser events and
volunteers have largely evaporated due to ‘shelter in place’
mandates during the COVID-19 pandemic. As the World Health
Organization’s Devora Kestel recommended in the May 14, 2020
report, ‘Substantial investment needed to avert mental health
crisis’, we must build ‘the human resource capacity to deliver
quality mental health and social care in the community.’”
About Catasys, Inc.
Catasys, Inc. is a leading AI and telehealth enabled,
virtualized outpatient healthcare treatment company, whose mission
is to help improve the health and save the lives of as many people
as possible. Its Catasys PRETM (Predict-Recommend-Engage) platform
predicts people whose chronic disease will improve with behavior
change, recommends effective care pathways that people are willing
to follow, and engages people who aren’t getting the care they
need. By combining predictive analytics with human engagement,
Catasys delivers improved member health and validated outcomes and
savings to healthcare payers.
Catasys’ integrated, technology-enabled OnTrak solution, a
critical component of the Catasys PRE platform, is designed to
treat members with behavioral conditions that cause or exacerbate
chronic medical conditions such as diabetes, hypertension, coronary
artery disease, COPD, and congestive heart failure, which result in
high medical costs.
Catasys has a unique ability to engage these members, who do not
otherwise seek behavioral healthcare, leveraging proprietary
enrollment capabilities built on deep insights into the drivers of
care avoidance.
OnTrak integrates evidence-based psychosocial and medical
interventions delivered either in-person or via telehealth, along
with care coaching and in-market Community Care Coordinators who
address the social and environmental determinants of health,
including loneliness. The program improves member health and
delivers validated cost savings to healthcare payers of more than
50 percent for enrolled members. OnTrak is available to members of
leading national and regional health plans in 31 states and in
Washington, D.C.
Learn more at www.catasys.com.
Forward-Looking Statements
Except for statements of historical fact, the matters discussed
in this press release are forward-looking and made pursuant to the
Safe Harbor provisions of the Private Securities Litigation Reform
Act of 1995. These forward-looking statements reflect numerous
assumptions and involve a variety of risks and uncertainties, many
of which are beyond our control, which may cause actual results to
differ materially from stated expectations. These risk factors
include, among others, changes in regulations or issuance of new
regulations or interpretations, limited operating history, our
inability to execute our business plan, increase our revenue and
achieve profitability, lower than anticipated eligible members
under our contracts, our inability to recognize revenue, lack of
outcomes and statistically significant formal research studies,
difficulty enrolling new members and maintaining existing members
in our programs, the risk that treatment programs might not be
effective, difficulty in developing, exploiting and protecting
proprietary technologies, intense competition and substantial
regulation in the health care industry, the risks associated with
the adequacy of our existing cash resources and our ability to
continue as a going concern, our ability to raise additional
capital when needed and our liquidity. You are urged to consider
statements that include the words "may," "will," "would," "could,"
"should," "believes," "estimates," "projects," "potential,"
"expects," "plan," "anticipates," "intends," "continues,"
"forecast," "designed," "goal," or the negative of those words or
other comparable words to be uncertain and forward-looking. For a
further list and description of the risks and uncertainties we
face, please refer to our most recent Securities and Exchange
Commission filings which are available on its website at
http://www.sec.gov. Such forward-looking statements are current
only as of the date they are made, and we assume no obligation to
update any forward-looking statements, whether as a result of new
information, future events or otherwise, except as required by
law.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20200519005077/en/
Catasys, Inc. Ariel Davis Phone: 310-444-4346 Email:
ariel@catasys.com
Grafico Azioni Catasys (NASDAQ:CATS)
Storico
Da Apr 2024 a Mag 2024
Grafico Azioni Catasys (NASDAQ:CATS)
Storico
Da Mag 2023 a Mag 2024