Welcome to our dedicated page for Ontrak news (Ticker: OTRK), a resource for investors and traders seeking the latest updates and insights on Ontrak stock.
Ontrak Inc (OTRK) delivers AI-powered behavioral healthcare solutions through its proprietary PRE platform, addressing chronic conditions exacerbated by untreated mental health factors. This page serves as the definitive source for official company announcements and strategic developments.
Access timely updates including earnings reports, partnership agreements, regulatory milestones, and technology innovations. Our curated news collection enables investors to track Ontrak's progress in integrating predictive analytics with personalized care delivery models.
Discover updates on key operational areas: clinical program expansions, payer partnership developments, and advancements in telehealth integration. All content is sourced directly from verified company communications to ensure accuracy and compliance.
Bookmark this page for streamlined access to Ontrak's evolving role in value-based care initiatives and behavioral health technology. Monitor how the company's data-driven approach continues to shape chronic disease management strategies across healthcare ecosystems.
Ontrak, Inc. (OTRK) reported Q1 2022 revenue of $5.3 million, an 82% decline year-over-year. The operating loss widened to $(13.1 million), compared to $(2.9 million) in Q1 2021. Adjusted EBITDA also fell to $(9.2 million) from $1.9 million year-over-year. The company highlighted a sales pipeline and plans to borrow up to $25 million from Acuitas Capital. Total enrolled members reached 2,867. Ontrak anticipates revenue for the full year 2022 between $25 million and $30 million.
Ontrak, Inc. (NASDAQ: OTRK) will announce its first-quarter 2022 financial results on May 11, 2022, after market close. Management will host a conference call at 1:30 PM PT / 4:30 PM ET to discuss these results. Investors can access the call at +1 (833) 519-1269 for U.S. participants or (914) 800-3841 for international participants, referencing conference ID #5078624. A live and archived webcast will also be available on their website.
Ontrak, Inc. (NASDAQ: OTRK) reported Q4 2021 revenue of $10.3 million, a 65% decrease year-over-year, with a net loss of $(20.1 million). For the full year, revenue rose 2% to $84.1 million, but the operating loss widened to $(28.0 million). Key achievements include a three-year contract renewal with a major employer covering 39 countries, and a successful ATM offering raising $10.8 million. The company anticipates 2022 revenue between $25 - $30 million.
Ontrak, Inc. (NASDAQ: OTRK) announced its participation in the Cowen 42nd Annual Health Care Conference scheduled for March 9, 2022, at 1:30 p.m. Eastern Time. The company's management will host a fireside chat, and interested parties can access a live and archived webcast on their website's Investors section.
Ontrak focuses on utilizing AI and telehealth to improve healthcare for vulnerable behavioral health populations, offering personalized care and treatment pathways to those facing significant barriers in accessing care.
Ontrak, Inc. (NASDAQ: OTRK) will release its fourth quarter 2021 financial results on March 8, 2022, after market close. The company will host a conference call at 1:30 PM PT / 4:30 PM ET to discuss the results. Ontrak focuses on leveraging AI and telehealth to improve healthcare for vulnerable populations facing behavioral health issues. The company aims to provide effective care pathways that address significant barriers in healthcare access.
Ontrak, Inc. (OTRK, OTRKP) announced a cash dividend of $0.593750 per share for its 9.50% Series A Cumulative Perpetual Preferred Stock. This dividend, based on a $25.00 per share liquidation preference, will be paid on
Ontrak, Inc. (NASDAQ: OTRK) has announced partnerships with eight technology companies to enhance its AI-powered behavioral health intervention platform. This initiative aims to integrate AI services at every stage of the behavioral care journey, offering greater visibility and personalization. CIO Arik Hill emphasized the importance of real-time insights over traditional measures, stating that improved AI capabilities will allow for tailored treatments. The platform aims to improve member engagement, clinical outcomes, and care coordination for payers and providers.
Ontrak reported Q3 revenue of $18.6 million, a 23% decline year-over-year. The company raised its annual revenue guidance to $82-$86 million. Active discussions are underway with three major health plans and expansion contracts with existing customers. Despite a net loss of $(7.9) million, Ontrak remains optimistic about growth due to recent management appointments, including a new Chief Customer Officer and Chief Medical Officer. The total enrolled members reached 9,395 as of Q3 2021.
Ontrak, Inc. (NASDAQ: OTRK, OTRKP) has announced the fifth quarterly cash dividend for its 9.50% Series A Cumulative Perpetual Preferred Stock, equaling $0.593750 per share. The annual dividend rate is set at 9.50%, based on a liquidation preference of $25.00 per share. This dividend will be payable on November 30, 2021 to holders of record as of November 15, 2021. The Series A Preferred Stock trades under the symbol “OTRKP” on NASDAQ.
Ontrak, Inc. (NASDAQ: OTRK), a leader in AI-powered healthcare, will participate in the 30th Annual Credit Suisse Virtual Healthcare Conference. Management is set to present on November 9, 2021, at 1:00 p.m. Eastern Time. Interested parties can access the live and archived webcast on the company’s website. Ontrak focuses on enhancing care for vulnerable behavioral health populations through personalized coaching and AI-driven solutions, aiming to break down barriers to treatment.
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