Catasys launches enrollment of onTrak-HC with BCBS health insurer
Catasys announced that it has commenced enrollment under the previously announced contract for its OnTrak-HC program in Oklahoma with the nation's second largest Blue Cross Blue Shield health insurance plan. This company is the country's largest nonpublic health insurer and the fourth-largest health insurer overall, with health plans also in Texas, Illinois, New Mexico and Montana. OnTrak-HC will cover eligible commercial members in Oklahoma who suffer from anxiety, depression and substance use disorders. The Company and this health insurer are planning further expansions in the coming months. Catasys believes that the recent launch of OnTrak-C in a Texas Medicaid population, the corrected data feed and expansions of OnTrak-A, and now the launch of OnTrak-HC, companioned with future contracts, launches and expansions, all point to significant billings growth and an accelerated billings growth rate in the third and fourth quarters and continuing in 2018.