LA Business Journal

ONTRAK INC.

(Nasdaq: OTRK)

HEADQUARTERS: Henderson, Nevada (Pop. 320k; 16 miles S.E. of Las Vegas)

YEAR FOUNDED: 2003

BUSINESS: Uses artificial intelligence and big data analysis and telehealth communications with member patients to identify and then address behavior health patterns that worsen medical conditions.

CEO: Jonathan Mayhew

EMPLOYEES: Approx. 231 as of Dec. 31.

MARKET CAP: $22.9 million

NET INCOME (1Q 2022): -$16.9 million

NOTABLE: Company changed its name from Catasys in July 2020 to match the branding of its Ontrak artificial intelligence platform

MEDIAWATCH

en-us

2022-05-16T07:00:00.0000000Z

2022-05-16T07:00:00.0000000Z

https://labusinessjournal.pressreader.com/article/283274576341308

LABJ