Ontrak, Inc. (OTRK) is a U.S.-based company operating in the healthcare sector, within the technology-enabled care management and behavioral health industry. The company develops digital solutions designed to improve outcomes for patients with chronic behavioral conditions and complex medical needs.
Its platform combines data analytics, telehealth, and personalized engagement to support treatment adherence and reduce healthcare costs.
Its activities include:
- AI-driven identification of high-risk patients.
- Behavioral health care management and engagement programs.
- Remote monitoring and telehealth services.
- Personalized coaching and patient support.
- Integration with insurer and provider systems.
- Data analytics and outcome tracking for healthcare programs.
Ontrak works primarily with health insurers, employer-sponsored plans, and healthcare organizations across the United States. Its operations are supported by clinical teams, data scientists, software engineers, and patient engagement specialists.
Market conditions influencing the business include rising healthcare costs, increased prevalence of behavioral health conditions, telehealth adoption, regulatory changes, reimbursement models, and competition in the digital health sector.
Ontrak is listed on the Nasdaq under the ticker OTRK.
History and Development
Ontrak was founded in 2003 under the name Catasys, focusing on behavioral health care management and substance-use disorder programs.
The company developed data-driven approaches to identify high-risk patients and connect them with appropriate care, addressing gaps in treatment adherence and cost management.
Over time, Ontrak expanded into digital health, incorporating telehealth services, predictive analytics, and automated workflows into its platform.
A strategic rebranding marked its transition into a technology-enabled care engagement company focused on scalable, data-driven healthcare solutions.
In recent years, Ontrak has refined its platform and operating model to adapt to evolving healthcare regulations, payer dynamics, and competitive pressures, maintaining its focus on improving outcomes in high-risk patient populations.
Additional Information
Ontrak Inc. (United States) is listed on the Nasdaq and has a market capitalization of $-, with shareholders equity totaling $4.65 million.
The company employs approximately 726 people and operates in the Technology sector, within the Software industry.
Over the past 12 months, Ontrak Inc. reported $10.31 million in revenue, generating net income of $-23.21 million.
Key financial metrics include a P/E ratio of 0.00, a price-to-book (P/B) ratio of 0.00, and a trailing twelve-month dividend yield of 0.00%.
The company trades under the ticker OTRK.