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Ontrak to Report 2020 Third Quarter Financial Results on November 5, 2020

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Ontrak, Inc. (NASDAQ: OTRK) announced it will release its third quarter 2020 financial results on November 5, 2020, after market close. A conference call will follow at 1:30 PM PT/4:30 PM ET. Ontrak leverages its AI-powered PRE™ platform for engaging chronic disease patients to improve health outcomes and reduce healthcare costs. The company operates across 30 states and D.C., offering solutions that save healthcare payers over 50% for enrolled members. For more details, visit www.ontrak-inc.com.

Positive
  • Expected release of Q3 2020 financial results could highlight company growth.
  • The PRE™ platform effectively engages patients, leading to improved health outcomes.
  • Validated cost savings of over 50% for healthcare payers for enrolled members.
Negative
  • None.

SANTA MONICA, Calif.--()--Ontrak, Inc. (NASDAQ: OTRK) (“Ontrak” or the “Company”), a leading AI-powered and telehealth-enabled, virtualized outpatient healthcare treatment company, today announced it will report financial results for the third quarter 2020 on Thursday, November 5, 2020 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 dialing (800) 708-4539 for U.S. participants or (847) 619-6396 for international participants, and referencing conference ID #49989780, or via live audio webcast available at https://edge.media-server.com/mmc/p/f29qrj8b.

A replay of the call will be available via the webcast for on-demand listening shortly after completion of the call, at the same web link, and will remain available for approximately 90 days.

About Ontrak, Inc.

Ontrak, Inc. (f/k/a Catasys, Inc.) is a leading AI and telehealth enabled, virtualized outpatient healthcare treatment 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 payers.

The company’s integrated, technology-enabled Ontrak™ solutions, a critical component of the PRE platform, are designed to treat 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.

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 payers of more than 50 percent for enrolled members. Ontrak solutions are available to members of leading national and regional health plans in 30 states and in Washington, D.C.

Learn more at www.ontrak-inc.com

Contacts

Investors:
Caroline Paul
Gilmartin Group
investors@ontrak-inc.com

FAQ

When will Ontrak report its third quarter 2020 financial results?

Ontrak will report its third quarter 2020 financial results on November 5, 2020, after market close.

What time is the Ontrak conference call scheduled for?

The Ontrak conference call is scheduled for 1:30 PM Pacific Time / 4:30 PM Eastern Time on November 5, 2020.

What is the significance of Ontrak's PRE™ platform?

The PRE™ platform helps engage chronic disease patients, improves health outcomes, and reduces healthcare costs.

How much cost savings does Ontrak provide to healthcare payers?

Ontrak provides validated cost savings of over 50% for enrolled members.

In how many states does Ontrak offer its solutions?

Ontrak offers its solutions in 30 states and Washington, D.C.

Ontrak, Inc.

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