|Bid||0.00 x 1300|
|Ask||0.00 x 1400|
|Day's Range||25.31 - 26.65|
|52 Week Range||8.55 - 83.34|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 07, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||34.60|
Ontrak, Inc. (NASDAQ: OTRK) ("Ontrak" or the "Company"), a leading AI-powered and telehealth-enabled, virtualized outpatient healthcare treatment company, today announced that Health Alliance Medical Plans ("Health Alliance"), a provider-sponsored health insurer that covers 250,000 members (spanning Medicare Advantage, Commercial and Individual) in IL, IA, IN, OH and parts of WA, reports that the Ontrak program has delivered a 2.5x ROI and a 41% reduction in medical costs (which averaged $28,000 pre-enrollment). The cost reductions have been driven primarily through declines in both inpatient admissions (68%) and emergency department visits (43%). The demonstrated cost savings for Health Alliance Medical Plans are consistent with Ontrak’s 40% - 50% cost reduction results across its book of business.
Ontrak, Inc (NASDAQ: OTRK) ("Ontrak" or the "Company"), a leading AI-powered and telehealth-enabled, virtualized outpatient healthcare treatment company, today announced the launch of its Ontrak-CI solution for Medicare Advantage members of this National Health Plan in a simultaneous 13-state expansion.
We often see insiders buying up shares in companies that perform well over the long term. On the other hand, we'd be...