Previous Close | 25.89 |
Open | 26.59 |
Bid | 0.00 x 1300 |
Ask | 0.00 x 1400 |
Day's Range | 25.31 - 26.65 |
52 Week Range | 8.55 - 95.36 |
Volume | 307,369 |
Avg. Volume | 436,350 |
Market Cap | 441.674M |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings Date | May 07, 2020 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | 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...