Ontrak (OTRKQ) Price & Analysis

Ontrak, Inc. is a virtualized healthcare company that leverages artificial intelligence and telehealth to deliver services, including in-person components, to health plans and other third-party payors across the United States. Its sophisticated, technology-driven platform can predict which individuals with chronic conditions are likely to benefit from behavioral modifications. It then recommends personalized, effective care pathways designed for patient adherence, actively engaging and guiding them throughout their treatment journey. The cornerstone of its offerings is the technology-enabled OnTrak program, which provides comprehensive healthcare solutions for members struggling with behavioral conditions that either cause or worsen chronic medical issues like diabetes, hypertension, coronary artery disease, chronic obstructive pulmonary disease (COPD), and congestive heart failure. OnTrak integrates a blend of evidence-based psychosocial and medical interventions, accessible both in-person and through telehealth. This is complemented by dedicated care coaching and local community care coordinators, who specifically work to mitigate the social and environmental factors affecting health. Founded in 2003, the company operated as Catasys, Inc. until its rebranding to Ontrak, Inc. in July 2020. Its corporate headquarters are located in Henderson, Nevada.