Edited Transcript of CATS earnings conference call or presentation 12-Mar-20 8:30pm GMT [Yahoo! Finance News]
CATASYS (CATS)
Last catasys earnings: 3/12 04:05 pm
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Source: Yahoo! Finance News
At the root of all this growth is our effective outreach pool of eligible lives, which stood at 108,000 at the end of Q4, up 6% from 102,000 in Q3. And as of today, we stand at 128,000, up already 18.5% this year. Remember, we began 2019 with only 38,000 lives. The effective outreach pool is different from the total outreach pool of eligible lives that we have talked about in the past. We will use effective outreach pool going forward as it represents the lives that we are actively engaging to enroll entire programs. And as such, we believe that this more accurately depicts our near-term opportunity.To put the difference in context, our total outreach pool has surpassed 150,000. The difference can be attributed to bad data, outdated contact information and certain ineligible and disregarded populations. We do believe that through the work with our health plan partners, these 2 numbers will converge and be virtually the same by year-end. In 2019, our effective outreach pool nearly trip
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