OTRK - Ontrak reaches five-month high on potential of behavioral health program

• The Digital health platform Ontrak, Inc. ( NASDAQ: OTRK ) more than doubled in value to reach the highest level since August on Wednesday after the company highlighted the potential of its behavioral health program Wholehealth+ in reducing depression and anxiety.
• In June 2022, the company added PHQ-9 and GAD-7 assessments to the Wholehealth+ program to track the mental health of its members, as the two measures track depression and anxiety symptoms, respectively.
• Citing results from an early assessment at six months, Ontrak ( OTRK ) said that 30% and 55% of Ontrak Wholehealth+ members experienced a clinically significant reduction in anxiety symptoms and depressive symptoms, respectively,
• "Regular assessment of members' PHQ-9 and GAD-7 scores can provide valuable insights into our members' progress in mental health care and help our providers tailor treatment plans to meet the specific needs of each member," Chief Medical Officer, Ontrak Health Judith Feld said.
• Despite today's rally, Ontrak ( OTRK ) continues to trade ~65% below its year-ago level, as shown in this graph.

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