Ontrak

Ontrak, Inc. engages in the provision of data analytics based behavioral health management and integrated treatment services to health plans. It offers services through its Ontrak platform solution, which is designed to improve member health, and at the same time, lower costs to the insurer for underserved populations where behavioral health conditions cause or exacerbate co-existing medical conditions. The company was founded by Terren S. Peizer in February 2003 and is headquartered in Henderson, NV.

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Ontrak Health reports revenue growth and program success in Q1

Ontrak Health's Q1 performance showed revenue growth and strong enrollment rates.
While facing cash decline and margin challenges, the company is pursuing new growth avenues.
Opportunities lie in expanding customer base, finalizing contracts, and leveraging successful programs.

Ontrak Health reports Q3 revenue decline but anticipates Q4 growth

Ontrak Health faced a revenue decline in Q3 2024 but anticipates sequential growth in Q4 with new outreach initiatives. The company demonstrated product versatility and expansion with new customer signings and active prospects, indicating potential growth opportunities.

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Ontrak, Inc. engages in the provision of data analytics based behavioral health management and integrated treatment services to health plans. It offers services through its Ontrak platform solution, which is designed to improve member health, and at the same time, lower costs to the insurer for underserved populations where behavioral health conditions cause or exacerbate co-existing medical conditions. The company was founded by Terren S. Peizer on February 13, 2003 and is headquartered in Miami, FL.

Ontrak, Inc. (NASDAQ:OTRK ) Q1 2024 Earnings Conference Call May 14, 2024 4:30 PM ET Company Participants Ryan Halsted - Investor Relations, Gilmartin Group Brandon LaVerne - Chief Executive Officer & Chief Operating Officer Mary Lou Osborne - President & Chief Commercial Officer James Park - Chief Financial Officer Conference Call Participants Jonathan Aschoff - ROTH MKM Operator Welcome to the Ontrak Health First Quarter 2024 Call. At this time, all participants are in listen-only mode.

Ontrak, Inc. (OTRK) Q1 2024 Earnings Call Transcript

MIAMI--(BUSINESS WIRE)--Ontrak, Inc. (NASDAQ: OTRK) (“Ontrak” or the “Company”), a leading AI-powered and technology-enabled behavioral healthcare company, today reported its financial results for the first quarter ended March 31, 2024. Management Commentary “We are thrilled to announce our approval by the Florida Agency for Health Care Administration (AHCA) as a subcontractor for our new customer, Community Care Plan, a South Florida-based Health Plan to serve its adult Medicaid population,” s.

Ontrak Health Announces 2024 First Quarter Financial Results

MIAMI--(BUSINESS WIRE)--Ontrak, Inc. (NASDAQ: OTRK), a leading AI-powered and telehealth-enabled behavioral healthcare company, today announced the Florida Agency for Healthcare Administration has approved Ontrak as a subcontractor for Community Care Plan, a South Florida-based Health Plan to serve its adult Medicaid population. Ontrak Health will deliver the following solutions to Community Care Plan: Ontrak WholeHealth+ identifying high-cost, high-acuity members with chronic comorbidities and.

Ontrak Health Announces New Health Plan Customer Providing Behavioral Healthcare Solutions

MIAMI--(BUSINESS WIRE)--Ontrak Health (NASDAQ: OTRK) (“Ontrak” or the “Company”), a leading AI-powered and telehealth-enabled healthcare company, today announced it will report financial results for the first quarter 2024 on Tuesday, May 14, 2024, after market close. Company management will host a corresponding conference call at 1:30 p.m. Pacific Time / 4:30 p.m. Eastern Time. Conference Call & Webcast Details The conference call can be accessed by registering online for dial-in informatio.

Ontrak Health to Report 2024 First Quarter Financial Results on May 14, 2024

Ontrak, Inc. (NASDAQ:OTRK ) Q4 2023 Results Conference Call April 16, 2024 4:30 PM ET Company Participants Ryan Halsted - Investor Relations, Gilmartin Group Brandon LaVerne - Chief Executive Officer and Chief Operating Officer Mary Lou Osborne - President and Chief Commercial Officer James Park - Chief Financial Officer Conference Call Participants Jonathan Aschoff - Roth MKM Operator Thank you for standing by, and welcome to the Ontrak Inc. Fourth Quarter and Year End 2023 Earnings Conference Call. At this time, all participants are in listen-only mode.

Ontrak, Inc. (OTRK) Q4 2023 Earnings Call Transcript

MIAMI--(BUSINESS WIRE)--Ontrak, Inc. (NASDAQ: OTRK) (“Ontrak” or the “Company”), a leading AI-powered and telehealth-enabled healthcare company, today reported its financial results for the fourth quarter and year ended December 31, 2023. Management Commentary “In addition to new business development efforts, we focused this quarter on continued innovation with a technology focus. We introduced our Advanced Engagement System to offer increased efficiencies and higher ROI, while maintaining a pa.

Ontrak Announces 2023 Fourth Quarter and Year End Financial Results

MIAMI--(BUSINESS WIRE)--Ontrak, Inc. (NASDAQ: OTRK) (“Ontrak” or the “Company”), a leading AI-powered and telehealth-enabled healthcare company, today announced it will report financial results for the fourth quarter 2024 on Tuesday, April 16, 2024, after market close. Company management will host a corresponding conference call at 1:30 p.m. Pacific Time / 4:30 p.m. Eastern Time. Conference Call & Webcast Details The conference call can be accessed by registering online for dial-in informat.

Ontrak to Report 2023 Fourth Quarter Financial Results on April 16, 2024

iRobot

Strong interest in the prospects for artificial intelligence (AI) continues to be a key driver for many stocks, including several of the so-called Magnificent Seven.

2 AI Stocks Wall Street Expects to Return Up to 1,438% in 2024

MIAMI--(BUSINESS WIRE)--Ontrak Health (NASDAQ: OTRK), a leading AI-powered and tech-enabled behavioral healthcare company, today announced the launch of its Ontrak Advanced Engagement System. This system integrates Augmented Intelligence (AI) with an evidence-based clinical framework to deliver human-centered, personalized member engagement. Built on a foundation of real-world AI application, the Ontrak Advanced Engagement System enables member engagement at greater scale and with greater effic.

Ontrak Health Announces the Launch of the Ontrak Advanced Engagement System, Ushering in the Next Era of AI-enabled Behavioral Healthcare

Ontrak (NASDAQ: OTRK ) stock is on the rise Tuesday as investors prepare for the artificial intelligence ( AI ) healthcare company's presentation at the 36th Annual Roth Conference. The management team at Ontrak is planning to hold a live fireside chat later today.

Why Is Ontrak (OTRK) Stock Up 105% Today?

MIAMI--(BUSINESS WIRE)--Ontrak, Inc. (NASDAQ: OTRK) (“Ontrak” or the “Company”), a leading AI-powered and telehealth-enabled healthcare company, today announced management will be participating in the upcoming 36th Annual Roth Conference. Ontrak's management is scheduled for a live fireside chat on Tuesday, March 19, 2024, at 4:00 p.m. Eastern Time. A live webcast and a replay of the fireside chat will be available on Ontrak's Investor page at: https://ontrakhealth.com/investors/presentations-e.

Ontrak to Participate at the 36th Annual Roth Conference

MIAMI--(BUSINESS WIRE)--Ontrak Health (NASDAQ: OTRK), a leading AI-powered and tech-enabled behavioral healthcare company, today announced a continuing expansion of its strategic partnership with Sentara Health in the Commonwealth of Virginia. This new expansion offers Ontrak's WholeHealth+ program to eligible self-insured groups and follows on the heels of the commercial expansion announced on February 29 with Sentara Health Plans, the health plan division of Sentara. Together, these two expan.

Ontrak Health Announces Continuing Expansion with Sentara Health

MIAMI--(BUSINESS WIRE)--Ontrak Health (NASDAQ: OTRK), a leading AI-powered and tech-enabled behavioral healthcare company, today announced the expansion of its strategic partnership with Sentara Health Plans in the Commonwealth of Virginia. Sentara Health Plans is the health plan division of Sentara Health, an integrated health care delivery system, one of the largest health systems in the U.S. Mid-Atlantic and Southeast. This significant development marks the expansion of a five-year relations.

Ontrak Health Bolsters Strategic Partnership with Sentara Health Plans

MIAMI--(BUSINESS WIRE)--Ontrak Health (NASDAQ: OTRK), a leading AI-powered and telehealth-enabled healthcare company, has achieved a new milestone by introducing the Recovering Quality of Life Assessment (ReQoL) into its cutting-edge WholeHealth+ Product and Solutions Suite. This strategic advancement developed by the Oxford University Innovation Lab underscores Ontrak Health's commitment to transforming mental health care through continuous improvement, reinforcing its position as a leader in.

Ontrak Health Sets New Standard in Behavioral Health Care with Implementation of ReQoL Assessment in the US

ELMSFORD, N.Y.--(BUSINESS WIRE)--UE Systems, a pioneering force in developing ultrasonic detection instruments and solutions for maintenance and reliability, unveils its latest innovation – the OnTrak Wireless system. This cutting-edge solution transcends traditional bearing health monitoring by actively preventing failures through precision autonomous lubrication, addressing lubrication-related issues which account for a significant portion of premature bearing failures. This cutting-edge inno.

UE Systems, the Leader in Ultrasonic Detection Instruments and Solutions, Revolutionizes Bearing Maintenance with the Launch of OnTrak Wireless

Ontrak, Inc. (NASDAQ:OTRK ) Q3 2023 Earnings Conference Call November 14, 2023 4:30 PM ET Company Participants Ryan Halsted - Investor Relations, Gilmartin Group Brandon LaVerne - Chief Executive Officer and Chief Operating Officer Mary Lou Osborne - President and Chief Commercial Officer James Park - Chief Financial Officer Operator Good day, and thank you for standing by, and welcome to the Ontrak Third Quarter '23 Earnings Conference Call. At this time, all participants are in listen-only mode.

Ontrak, Inc. (OTRK) Q3 2023 Earnings Call Transcript

MIAMI--(BUSINESS WIRE)--Ontrak, Inc. (NASDAQ: OTRK) (“Ontrak” or the “Company”), a leading AI-powered and telehealth-enabled healthcare company, today reported its financial results for the third quarter ended September 30, 2023. Management Commentary “I believe the enhancements we have made to our product strategy with our WholeHealth suite of behavioral health solutions has played a major role in the business momentum we are seeing. Operating efficiencies and a commitment to customer success.

Ontrak Announces 2023 Third Quarter Financial Results

MIAMI--(BUSINESS WIRE)--Ontrak, Inc. (NASDAQ: OTRK) (“Ontrak” or the “Company”), a leading AI-powered and telehealth-enabled healthcare company, today announced the closing of its previously announced public offering of: 4,592,068 shares of its common stock and 9,184,136 warrants to purchase up to 9,184,136 shares of its common stock at a combined public offering price of $0.60 per share of common stock and accompanying warrants, and 5,907,932 pre-funded warrants to purchase up to 5,907,932 sha.

Ontrak, Inc. Announces Closing of $6.3 Million Public Offering, $11 Million Concurrent Private Placement and $16.3 Million Conversion of Secured Notes

MIAMI--(BUSINESS WIRE)--Ontrak, Inc. (NASDAQ: OTRK) (“Ontrak” or the “Company”), a leading AI-powered and telehealth-enabled healthcare company, today announced the pricing of a public offering of: 4,592,068 shares of its common stock and 9,184,136 warrants to purchase up to 9,184,136 shares of its common stock at a combined public offering price of $0.60 per share of common stock and accompanying warrants, and 5,907,932 pre-funded warrants to purchase up to 5,907,932 shares of its common stock.

Ontrak, Inc. Announces Pricing of $6.3 Million Public Offering, $11 Million Concurrent Private Placement and $16.3 Million Conversion of Secured Notes

MIAMI--(BUSINESS WIRE)--Ontrak, Inc. (NASDAQ: OTRK) (“Ontrak” or the “Company”), a leading AI-powered and telehealth-enabled healthcare company, today announced it will report financial results for the third quarter 2023 on Tuesday, November 14, 2023, after market close. Company management will host a corresponding conference call at 1:30 p.m. Pacific Time / 4:30 p.m. Eastern Time. Conference Call & Webcast Details The conference call can be accessed by registering online for dial-in inform.

Ontrak to Report 2023 Third Quarter Financial Results on November 14, 2023

MIAMI--(BUSINESS WIRE)--Ontrak Health (NASDAQ: OTRK), a leading AI-powered and telehealth-enabled healthcare company, is proud to announce the promising results of a formal evaluation conducted on the Ontrak WholeHealth+ program. The evaluation aimed to assess the program's impact on one of its health plan customer's Medicaid members' medical costs, and the preliminary findings are encouraging and validates the impact of our program to our customers. Key Findings from the Evaluation: Preliminar.

Ontrak Health Achieves $750 Per Member Per Month (PMPM) Cost Savings for Prominent Health Plan's Medicaid Members with WholeHealth+ Program

MIAMI--(BUSINESS WIRE)--As previously announced, on April 13, 2023, Ontrak, Inc. (the “Company”) received a letter from The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company no longer meets the minimum bid price requirement set forth in Nasdaq Listing Rule 5555(a)(1) (the “Minimum Bid Price Requirement”) because the closing bid price for the Company's 9.50% Series A Cumulative Perpetual Preferred Stock (the “Preferred Stock”) was less than $1.00 for the previous 30 consecutive busi.

Ontrak Announces Receipt of Notice from Nasdaq Regarding Scheduled Delisting of its 9.50% Series A Cumulative Perpetual Preferred Stock

MIAMI--(BUSINESS WIRE)--Ontrak Health (NASDAQ: OTRK), a leading AI-powered and telehealth-enabled healthcare company, announced today the successful deployment of the Axiom Systems TransSend Core EDI Gateway, a cutting-edge solution that simplifies the process of managing electronic data interchange (EDI) exchanges with trading partners while complying with federal requirements and best practices in the industry. The TransSend Core EDI Gateway helps Ontrak Health optimize its HIPAA compliance a.

Ontrak Health Achieves Unprecedented Efficiency and Cost Savings with Axiom Systems TransSend Core EDI Gateway

HENDERSON, Nev.--(BUSINESS WIRE)--Ontrak Health (NASDAQ: OTRK), a leading AI-powered and telehealth-enabled healthcare company, is pleased to announce the results of its 9-month post baseline follow-up behavioral health study that reinforces its positive initial findings. Leveraging industry-recognized PHQ-9 and GAD-7 assessments, Ontrak Health's Wholehealth+ program has contributed to 53-60% reductions in anxiety and depressive symptoms among assessed members. Key highlights of the study inclu.

Ontrak Health's Study of Behavioral Health Patient Reported Outcomes Reveals 53-60% Reduction in Anxiety and Depressive Symptoms

Ontrak, Inc. (NASDAQ:OTRK ) Q2 2023 Earnings Conference Call August 9, 2023 4:30 PM ET Company Participants Ryan Halsted - Gilmartin Group, Investor Relations Brandon LaVerne - Interim CEO & COO Mary Osborne - President & Chief Commercial Officer James Park - CFO & Principal Accounting Officer Conference Call Participants Operator Good day. And thank you for standing by.

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