Ontrak jumps on positive data in mental health tracking program

Ontrak

18/01/2023 15:08

** Shares of behavioral services proving healthcare co
Ontrak Inc  OTRK.O  surge 75.8% to ~$1
    ** Co says early assessment results show reduction in
depression and anxiety symptoms in members of its mental health
support program, Wholehealth+ 
    ** Adds, after six months 30% of assessed members sustained
a clinically significant reduction in anxiety symptoms, while
55% sustained a drop in depressive symptoms    
    ** WholeHealth+ engages in helping health plan members with
underlying behavioral health conditions to drive behavior
change, improve health outcomes, and lower costs - OTRK
    ** Co in June 2022, included the widely accepted depression,
anxiety severity measures of PHQ-9 and GAD-7, respectively, to
assess its program and monitor treatment effectiveness 
    ** In 2022, OTRK stock was down 94.2%
 (Reporting by Pratik Jain in Bengaluru)
 ((Pratik.Jain@thomsonreuters.com;))