UPDATED -- Troubled health-care services companyCatasys Inc.has raised $2 million for working capital and to repay debt.

The company alerted investors to doubts about its ability to continue as a going concern, or without the threat of liquidation, after incurring losses since its 2003 start, in a filing with the U.S. Securities and Exchange Commission. But Catasys CEO Terren Peizer tells Mergers & Acquisitions that 2015 is the year the company will become profitable.

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