Ontrak Health Reports 2024 Fourth Quarter and Year-End Financial Results Miami — (Business Wire) — Ontrak, Inc. (Nasdaq: OTRK), a leading AI-driven and technology-supported behavioral health company, today announced its financial results for the fourth quarter and full year ending December 31, 2024. Ontrak CEO Brandon LaVerne stated, “We are very pleased with the progress we made in 2024. We achieved significant milestones in acquiring new clients, expanding relationships with existing clients, and building our business pipeline. Notably, the launch of our WholeHealth+ solution further solidified our industry leadership.” In the fourth quarter, Ontrak reached several important milestones. The company intensified its collaborations with healthcare providers, securing several new partnership agreements. These partnerships not only boosted Ontrak's market share but also facilitated the rollout of the WholeHealth+ solution, a fully integrated behavioral health management system that leverages AI and data analytics to offer personalized treatment recommendations and support to patients. Over the entire year, Ontrak saw a substantial increase in revenue, meeting its projected targets. The company continuously refined its core technologies and services, enhancing operational efficiency. Additionally, Ontrak increased its research and development investments, unveiling a series of innovative features that strengthened its competitive edge in the behavioral health sector. Looking ahead to 2025, Ontrak plans to expand its client base and optimize its products and services to better meet market and patient needs. The company will also continue to invest in technology development to maintain its leadership in AI and behavioral health. LaVerne added, “2024 was a year of significant opportunities and challenges for Ontrak. We are grateful for the support of our employees, clients, and partners. Moving forward, we will remain committed to delivering more efficient and personalized behavioral health solutions to our patients.” Ontrak’s financial performance and strategic plans highlight its strong potential and unwavering commitment in the behavioral health technology sector. With ongoing technological advancements and growing market demand, Ontrak is poised to further cement its market position and drive more innovation in the industry.