Catasys Growth, Revenue, Number of Employees and Funding

Overview

Location:
Total Funding:$34.1M
Founded:2003
Lead Investor(s):N/A
Press

City Ranking

State Ranking

Growjo 10k Ranking

Estimated Revenue & Financials

  • Catasys's estimated revenue is currently $28.9M per year.
  • Catasys received $15.0M in venture funding in March 2019.
  • Catasys's estimated revenue per employee is $209348
  • Catasys's total funding is $34.1M.

Employee Data

  • Catasys has 138 Employees.
  • Catasys grew their employee count by 29% last year.
  • Catasys currently has 2 job openings.

What Is Catasys?

Catasys leads the health care industry in improving health and reducing claims costs for health plan members with behavioral health disorders that cause or exacerbate co-existing medical conditions. OnTrak, a 52-week intensive outpatient program, treats an overlooked population: members suffering from chronic disorders such as substance dependence, anxiety and depression who rarely seek care. These members cost health plans millions of medical dollars primarily due to preventable ambulance usage, medical ER visits and medical inpatient admissions. Catasys uses a proprietary analytics platform and predictive modeling to identify high utilizers of medical healthcare services with costs that can be significantly reduced by addressing the underlying behavioral health disorder(s). Through proactive outreach, we engage and treat these individuals in our patient-centric program that integrates evidence-based medical interventions, psychosocial skill building and care coaching by nurses. The end result is improved health and quality of life for the member, and roughly a 50% reduction in claims costs to the health plan.

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138

Number of Employees

$28.9M

Revenue (est)

2

Current Jobs

29%

Employee Growth %

$34.1M

Total Funding

N/A

Valuation

N/A

Accelerator

B2C

Type

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Catasys Funding

DateAmountRoundLead InvestorsReference
2013-10-28$2.6MUndisclosedArticle
2014-02-14$1.0MUndisclosedArticle
2014-06-17$1.5MUndisclosedArticle
2017-04-26$17.2MUndisclosedJoseph Gunnar & Co., LLCArticle
2018-06-15$10.0MUndisclosedHeritage Bank of CommerceArticle
2019-03-15$15.0MUndisclosedHorizon Technology Finance CorporationArticle

Catasys Executive Hires

DateNameTitleReference
2011-12-12Omar ManejwalaSVP/Chief Medical OfficerArticle
2017-05-17Christopher ShirleyCFOArticle
2017-05-17Susan EtzelSVP FinanceArticle
2018-07-19Jeremiah StoneChief Technology OfficerArticle