Ontrak, Inc. (NasdaqGM:OTRK) is looking for acquisitions. “Despite the challenges faced by our health plan customers, we closed out 2020 with a strong financial performance and are confident in our market-leading ability to engage even the most care avoidant populations in our evidence-based care programs in 2021,” said Terren Peizer, Ontrak Chairman and Chief Executive Officer . “In the face of the unprecedented health crisis for those struggling with substance use disorders, anxiety and depression, we continue to invest in transformative acquisitions and cutting edge technologies that engage and direct members to appropriate care pathways in anticipation of the increased utilization we expect to see towards the second half of 2021”.
Ontrak, Inc. is an artificial intelligence (AI) and telehealth-enabled healthcare company. The Company identifies, engages, activates, and provides care pathways to treatment for the most vulnerable members of the behavioral health population who would otherwise fall through the cracks of the healthcare system. It engages individuals with anxiety, depression, substance-use disorders and chronic disease through personalized care coaching and customized care pathways that help them receive the treatment and advocacy they need, despite the socio-economic, medical and health system barriers that exacerbate the severity of their comorbid illnesses. Its technology-enabled platform utilizes claim-based analytics and predictive modeling to provide analytic insights throughout the delivery of its personalized care program. The Company integrates evidence-based psychosocial and medical interventions delivered either in-person or via telehealth, along with care coaches.