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Ontrak (NASDAQ: OTRK) Stock Quote

Last Trade: US$1.44 -0.02 -1.37
Volume: 17,045
5-Day Change: -11.66%
YTD Change: 259.10%
Market Cap: US$6.080M

Latest News From Ontrak

Q3 Revenue of $2.6 million, down 31% year-over-year Q3 Operating loss of $(5.1) million, a 26% increase year-over-year Q3 Adjusted EBITDA of $(3.3) million, a 24% decline year-over-year Company announces expansion of behavioral health solutions with Sentara Health for Commercial and Marketplace members Company begins enrollment of new members into Ontrak's WholeHealth+ solution under a new contract with a large northeast... Read More
MIAMI / Nov 06, 2024 / Business Wire / Ontrak, Inc. (NASDAQ: OTRK), a leading AI-powered and telehealth-enabled behavioral healthcare company, today announced a continuing expansion of its strategic partnership with Sentara Health Plans in the Commonwealth of Virginia. Ontrak is thrilled to be expanding services with Sentara Health Plans, the health plan division of Sentara Health, an integrated, not-for-profit health care... Read More
MIAMI / Oct 31, 2024 / 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 third quarter 2024 on Wednesday, November 13, 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... Read More
MIAMI / Oct 09, 2024 / Business Wire / Ontrak, Inc. (NASDAQ: OTRK), a leading AI-powered and tech-enabled behavioral healthcare company, today announced an expansion of its strategic partnership with its most recently signed customer, a large, regional health plan in the Northeast. The expanded engagement uses Ontrak Health’s recently launched Ontrak Quality solution to focus on behavioral health metrics according to... Read More
Shares Expected to Begin Trading on Split-Adjusted Basis on September 23, 2024 MIAMI / Sep 19, 2024 / Business Wire / Ontrak, Inc. (NASDAQ: OTRK), a leading AI-powered and technology-enabled behavioral healthcare company, today announced that it will implement a 1-for-15 reverse split of the issued shares of its common stock, effective at 12:01 a.m. Eastern Time on September 23, 2024. The Company's common stock is expected... Read More
MIAMI / Sep 12, 2024 / Business Wire / Ontrak, Inc. (NASDAQ: OTRK), a leading AI-powered and technology-enabled behavioral healthcare company, announced significant findings from the first two-quarters of data collected through its implementation of the Recovering Quality of Life (ReQoL) measure. This patient-reported outcome measure (PROM) assesses the quality of life for individuals with various mental health conditions.... Read More
MIAMI / Sep 11, 2024 / Business Wire / Ontrak, Inc. (NASDAQ: OTRK), a leading AI-powered and technology-enabled behavioral healthcare company, announced that its Chief Innovation Officer, Brianna Brennan, will be a featured speaker at two influential healthcare events on September 25, 2024. Becker's Healthcare Webinar Ms. Brennan will present at the Becker's Healthcare Webinar, "Beyond the Numbers: How Holistic Member... Read More
MIAMI / Sep 05, 2024 / Business Wire / Ontrak, Inc. (NASDAQ: OTRK), a leading AI-powered and technology-enabled behavioral healthcare company, today announced the launch of Ontrak Quality, its latest product offering designed to help healthcare payers, providers, and stakeholders close gaps in care, thereby improving quality measures and ultimately quality scores. Quality scores play a vital role in shaping the healthcare... Read More
MIAMI / Aug 29, 2024 / Business Wire / Ontrak, Inc. (NASDAQ: OTRK), a leading AI-powered and technology-enabled behavioral healthcare company, announced it has partnered with MosaicVoice, a pioneer in AI-powered voice technology, to transform healthcare delivery and patient outcomes for Ontrak and its members. The strategic partnership aims to create a more connected, intelligent, and patient-centric healthcare ecosystem by... Read More
MIAMI / Aug 15, 2024 / Business Wire / Ontrak, Inc. (NASDAQ: OTRK), a leading AI-powered and telehealth-enabled behavioral healthcare company, announced the achievement of the HITRUST Risk-based, 2-year (r2) certification of the customer data exchange elements of its Ontrak Advanced Engagement System. This certification underscores Ontrak's unwavering commitment to maintaining the highest standards of data security and... Read More
Q2 Revenue of $2.5 million, down 17% year over year Q2 Operating loss of $(4.0) million, a 13% improvement year over year Q2 Adjusted EBITDA of $(3.3) million, an 8% decline year over year Company announces new contract with large northeast regional health plan Company announces final results of a formal evaluation showing achievement of $721 per member per month cost savings for a prominent health plan's members Company... Read More
MIAMI / Aug 08, 2024 / Business Wire / Ontrak, Inc. (NASDAQ: OTRK), a leading AI-powered and telehealth-enabled behavioral healthcare company announced the signing of a 2-year strategic partnership with a large, regional health plan in the Northeast, aimed at delivering a proactive, predictive and personalized behavioral health solution to its members in New York with chronic comorbidities and unaddressed behavioral health... Read More
MIAMI / Jul 25, 2024 / 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 second quarter 2024 on Thursday, August 8, 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... Read More
$721 PMPM Savings Over 24 Month Period for Graduates $508 PMPM Savings for Non-Graduates MIAMI / Jul 25, 2024 / Business Wire / Ontrak, Inc (NASDAQ: OTRK), a leading AI-powered and technology-enabled behavioral healthcare company, announced the impressive results of a formal evaluation conducted on the Ontrak WholeHealth+ program. The study evaluated the program’s impact on one of its Medicaid health plan customer’s medical... Read More
MIAMI / Jul 16, 2024 / Business Wire / Ontrak, Inc (NASDAQ: OTRK), a leading AI-powered and technology-enabled behavioral healthcare company, announces the adoption of the Comprehensive Healthcare Integration (CHI) framework into its care delivery model. This advances Ontrak Health’s commitment to delivering high quality, integrated, whole person care. The CHI model represents the most comprehensive clinical framework for... Read More
MIAMI / May 23, 2024 / Business Wire / Ontrak Inc (NASDAQ: OTRK), a leading AI-powered and technology-enabled healthcare company, today announced the launch of its pioneering Mental Health Digital Twin (MHDT) technology. This innovative advancement in mental health care delivery seamlessly fuses human empathy with data-driven insights to provide personalized, precise, and effective care for individuals struggling with mental... Read More
Q1 Revenue of $2.7 million, up 6% year over year Q1 operating loss of $(4.3) million, a 41% improvement year over year Q1 adjusted EBITDA of $(3.4) million, a 38% improvement year over year Company announces state approval of a new customer agreement with a prominent regional Medicaid health plan for our full suite of solutions Company to Host Conference Call at 4:30 pm ET Today MIAMI / May 14, 2024 / Business Wire / Ontrak,... Read More
Community Care Plan to leverage Ontrak Health and its Advanced Engagement System for the Plan’s adult Medicaid population MIAMI / May 13, 2024 / 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... Read More
MIAMI / May 01, 2024 / 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... Read More
Q4 Revenue of $3.5 million, up 41% year over year; and Full Year Revenue of $12.7 million, down 12% year over year Q4 operating loss of $5.2 million, a 35% improvement year over year; and Full Year operating loss of $21.1 million, a 52% improvement year over year Company expands its services to a larger commercial population as well as eligible self-insured groups with a health plan customer Company completes equity... Read More
MIAMI / Apr 03, 2024 / 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... Read More
MIAMI / Mar 21, 2024 / 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... Read More
MIAMI / Mar 14, 2024 / 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 36 th 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... Read More
MIAMI / Mar 12, 2024 / 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... Read More
Ontrak’s WholeHealth+ Program Will Now Support a Larger Commercial Population MIAMI / Feb 29, 2024 / 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... Read More
Ontrak’s Clinical Outcomes Assessment using ReQoL is officially recognized by the Oxford University Innovation Lab for Patient Reported Outcomes MIAMI / Feb 27, 2024 / 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... Read More
Q3 Revenue of $3.7 million, up 31% year over year Operating loss of $4.1 million, a 63% improvement year over year Company raises approximately $5.5 million, net in public offering of shares of Company's common stock and pre-funded warrants, completes $11.0 million concurrent private placement of unregistered pre-funded warrants and unregistered warrants to purchase shares of Company's common stock and $16.3 million... Read More
MIAMI / Nov 14, 2023 / 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... Read More
MIAMI / Nov 10, 2023 / 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,... Read More
MIAMI / Oct 31, 2023 / 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... Read More
MIAMI / Oct 19, 2023 / 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... Read More
MIAMI / Oct 16, 2023 / 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... Read More
MIAMI / Sep 19, 2023 / 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... Read More
Continuous PHQ-9 and GAD-7 assessments confirm initial Patient Reported Outcome Measures (PROMs) findings that contribute to improved health outcomes for Ontrak Health members HENDERSON, Nev. / Sep 07, 2023 / 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... Read More
Q2 Revenue of $3.0 million and Year to Date Revenue of $5.5 million Company announces signing of new customer agreement with a regional Medicaid health plan Company completes reverse stock split of its common stock at a ratio of 1:6 Company announces achievement of certification as a Credentials Verification Organization (CVO) by the National Committee for Quality Assurance (NCQA) HENDERSON, Nev. / Aug 09, 2023 / Business... Read More
Diagnoses Confirmed through Innovative Coach-Provider Collaborations Across the company’s book of business 42% of members diagnosed with Substance Use Disorder did not have the diagnosis before enrollment in Ontrak’s WholeHealth+ program Other behavioral health conditions with similar post-enrollment results include 27% for Depression, 27% for Bipolar Disorder, 21% for Anxiety, and 20% for Schizophrenia HENDERSON, Nev. / Aug... Read More
HENDERSON, Nev. / Jul 27, 2023 / Business Wire / Ontrak, Inc. (NASDAQ: OTRK) , a leading AI-powered and telehealth-enabled healthcare company, announced today that it will effect a 1-for-6 reverse split of its outstanding shares of common stock, effective at 6:00 p.m. Eastern Time on July 27, 2023. The company’s common stock is expected to trade on the Nasdaq Capital Market on a post-split basis at the open of trading on... Read More
HENDERSON, Nev.HENDERSON, Nev. / Jul 26, 2023 / 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 second quarter 2023 on Wednesday, August 9, 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.... Read More
HENDERSON, Nev. / May 25, 2023 / Business Wire / Ontrak, Inc. (NASDAQ: OTRK), a leading AI-powered and telehealth-enabled health care company, is proud to announce its recent certification by the National Committee for Quality Assurance (NCQA) as a Credentials Verification Organization (CVO) for the element of license to practice. This certification further validates Ontrak's commitment to maintaining the highest standards... Read More
HENDERSON, Nev. / May 10, 2023 / 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 first quarter ended March 31, 2023. Management Commentary "We continue to be encouraged by market feedback to our new modularized WholeHealth set of solutions. This, coupled with improved cost controls and new... Read More
HENDERSON, Nev. / Apr 26, 2023 / 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 first quarter 2023 on Wednesday, May 10, 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 &... Read More
HENDERSON, Nev. / Apr 14, 2023 / Business Wire / On April 13, 2023, Ontrak, Inc. (the “Company”) received a letter (the “Notice”) 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... Read More
HENDERSON, Nev. / Apr 05, 2023 / Business Wire / Ontrak, Inc. (NASDAQ: OTRK), a leading AI-powered and telehealth-enabled health care company, today announced it had expanded its Active Outreach Pool (AOP) of eligible members for enrollment in its Wholehealth+ program to nearly 9,000. This new AOP, which is slightly higher than our original expectations, represents almost a 100% increase versus its last reported average AOP,... Read More
MyndYou’s MyEleanor will extend Ontrak Health’s ability to identify and engage members, using AI to triage and address mental health needs HENDERSON, Nev. & NEW YORK / Mar 28, 2023 / Business Wire / Ontrak, Inc. (NASDAQ: OTRK), a leading AI-powered and telehealth-enabled health care company, and MyndYou, creators of an AI-powered Virtual Care Coordinator, today jointly announced that Ontrak Health will use MyndYou's... Read More
HENDERSON, Nev. / Mar 01, 2023 / 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 2022 on Wednesday, March 15, 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 &... Read More
Ontrak, Inc. (NASDAQ: OTRK) (“Ontrak” or the “Company”), a leading AI-powered and telehealth-enabled healthcare company, today announced the company will be participating in the upcoming Healthcare IT Virtual Conference presented by the Maxim Group. Ontrak’s management is scheduled to host a presentation on Wednesday, January 25, 2023, at 10:00 a.m. Eastern Time. This conference will be hosted live on M-Vest. To attend the... Read More
Ontrak Health recently implemented PHQ-9 and GAD-7 Assessments to track changes in depression and anxiety symptoms. Ontrak, Inc. (NASDAQ: OTRK) (“Ontrak” or the “Company”), a leading AI-powered and telehealth-enabled healthcare company, today announced initial assessment results showing that after six months, 30% of assessed Ontrak Wholehealth+ members sustained a clinically significant reduction in anxiety symptoms and 55%... Read More
Ontrak, Inc. (NASDAQ: OTRK) (“Ontrak” or the “Company”), a leading AI-powered and telehealth-enabled healthcare company, announced it has signed an amendment with one of its long-standing customers, Optima Health, that will focus its cutting-edge Wholehealth+ care program on Optima Health’s highest acuity and cost-prohibitive members within their commercial line of business. This updated agreement allows Ontrak Health and... Read More
The independent peer-reviewed journal published the Ontrak findings that “care coaching and behavioral health provider referral programs produce long-term savings, reductions in avoidable utilization, and increases in targeted services to treat behavioral health conditions.” The Treatment Effect Study indicates a $485 per member per month (PMPM) savings over a 24-month period, driven principally by a 66% reduction in... Read More

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