OTRK - Ontrak extends partnership with Health Alliance Medical Plans

Ontrak (OTRK) announces an updated contract with Health Alliance Medical Plans, extending the partnership that began in 2015 to ensure that Commercial and Medicare members of the plan have access to critical behavioral healthcare.“In a 2020 Milliman study those with untreated behavioral health conditions and chronic disease represented 5.7% of the total population and 44% of total healthcare costs. This vulnerable population of “overlooked patients” are our focus and the cost savings for Health Alliance Medical Plans are consistent with the 40-50% cost reduction results that we see across our book of business. We are delighted to be able to provide much needed behavioral healthcare and lasting clinical outcomes for Health Alliance Commercial and Medicare members,” commented Terren Peizer, Ontrak Chairman and CEO.

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Ontrak extends partnership with Health Alliance Medical Plans