Ontrak to Present at the 2021 RBC Capital Markets Global Healthcare Conference

Rhea-AI Summary

Ontrak, Inc. (NASDAQ: OTRK) announced its participation in the RBC Capital Markets Global Healthcare Conference on May 18, 2021, at 3:05 p.m. Eastern Time. The Company specializes in AI and telehealth-driven healthcare solutions, aiming to improve health outcomes through its PRE™ platform. This platform predicts and engages members needing care for chronic diseases. A pivotal study indicated a 64% reduction in hospitalizations among participants, highlighting the effectiveness of Ontrak's programs, which also provide substantial cost savings for healthcare payors.

Ontrak, Inc (NASDAQ: OTRK) (“Ontrak” or the “Company”), a leading AI-powered and telehealth-enabled, virtualized healthcare company, today announced the company will be participating in the upcoming RBC Capital Markets Global Healthcare Conference.

Ontrak’s management is scheduled to present on Tuesday, May 18, 2021 at 3:05 p.m. Eastern Time. Interested parties may access a live and archived webcast of the presentation on the “Investors” section of the company’s website at: https://www.ontrak-inc.com/presentations.html.

About Ontrak, Inc.

Ontrak, Inc. (f/k/a Catasys, Inc.) is a leading AI and telehealth enabled, virtualized healthcare company, whose mission is to help improve the health and save the lives of as many people as possible. The company’s PRE™ (Predict-Recommend-Engage) platform predicts people whose chronic disease will improve with behavior change, recommends effective care pathways that people are willing to follow, and engages people who are not getting the care they need. By combining predictive analytics with human engagement, Ontrak delivers improved member health and validated outcomes and savings to healthcare payors.

The company’s integrated, technology-enabled Ontrak™ programs, a critical component of the PRE platform, are designed to provide healthcare solutions to members with behavioral conditions that cause or exacerbate chronic medical conditions such as diabetes, hypertension, coronary artery disease, COPD, and congestive heart failure, which result in high medical costs. Ontrak has a unique ability to engage these members, who do not otherwise seek behavioral healthcare, leveraging proprietary enrollment capabilities built on deep insights into the drivers of care avoidance.

A landmark behavioral health study, “Treatment Effect of the Ontrak Program,” found that Ontrak’s program produces a statistically significant reduction of 64% in inpatient hospitalizations within the treatment group of individuals with untreated behavioral health needs and medical comorbidities. The program also resulted in an increase in utilization of preventative behavioral healthcare office visits. The savings for members who completed the 12-month program were statistically significant and notable at $486 per member per month, which equates to a savings of nearly $12,000 per member over two years, post enrollment. The cost for all-cause health office visits rose $110 per member per month, a positive change indicating uptake of productive, preventive care and fewer costly and avoidable inpatient hospitalizations. Advisors to the Ontrak research team led by Dr. Hilary Placzek include Robert M Kaplan, faculty member at the Stanford School of Medicine Clinical Excellence Research Center (CERC) and Jill Glassman PhD, Biostatistician and Senior Center Manager of Quantitative Analysis at the Stanford School of Medicine Clinical Excellence Research Center (CERC).

Ontrak integrates evidence-based psychosocial and medical interventions delivered either in-person or via telehealth, along with care coaching and in-market Community Care Coordinators who address the social and environmental determinants of health, including loneliness. The company’s programs improve member health and deliver validated cost savings to healthcare payors.

Learn more at www.ontrak-inc.com

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FAQ

When is Ontrak's presentation at the RBC Capital Markets Global Healthcare Conference?

Ontrak's presentation is scheduled for May 18, 2021, at 3:05 p.m. Eastern Time.

How can I access Ontrak's conference presentation?

Interested parties can access a live and archived webcast of the presentation on Ontrak's website under the 'Investors' section.

What platform does Ontrak use to improve healthcare outcomes?

Ontrak utilizes its PRE™ (Predict-Recommend-Engage) platform to enhance healthcare outcomes.

What are the savings reported from Ontrak's programs?

Members completing Ontrak's 12-month program reported savings of approximately $486 per member per month.

What significant impact did Ontrak's program have on hospitalizations?

Ontrak's program achieved a statistically significant reduction of 64% in inpatient hospitalizations among participants.