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Ontrak's (OTRK) CEO Terren Peizer on Q4 2020 Results - Earnings Call Transcript

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Ontrak, Inc. (NASDAQ:OTRK) Q4 2020 Earnings Conference Call March 9, 2021 4:30 PM ET

Company Participants

Caroline Paul – Investor Relations

Terren Peizer – Chairman and Chief Executive Officer

Brandon LaVerne – Chief Financial Officer

Curt Medeiros – President and Chief Operating Officer

Conference Call Participants

Andrew D’Silva – B. Riley Securities

Charles Rhyee – Cowen

Sean Dodge – RBC Capital Markets

Richard Close – Canaccord Genuity

Gene Mannheimer – Colliers Securities


Ladies and gentlemen, thank you for standing by, and welcome to the Ontrak Fourth Quarter 2020 Earnings Call. At this time, all participants are in a listen-only mode. After the speakers’ presentation, there will be a question-and-answer session. [Operator Instructions]

I will now hand the conference over to your speaker today, Caroline Paul, with Investor Relations.

Caroline Paul

Thank you, and thank you all for participating in today’s call. Joining me today are Terren Peizer, Chairman and Chief Executive Officer; Brandon LaVerne, Chief Financial Officer; and Curt Medeiros, President and Chief Operating Officer, who will join us for the question-and-answer portion of the call. Earlier today, Ontrak released financial results for the quarter ended December 31, 2020. A copy of the press release is available on the company’s website.

Before we begin, I would like to make the following remarks concerning forward-looking statements. All statements in this conference call other than historical facts are forward-looking statements. The words anticipate, believes, estimates, expects, intend, guidance, confidence, targets, projects and some other expressions typically are used to identify forward-looking statements. These forward-looking statements are not guarantees of future performance but may involve and are subject to certain risks and uncertainties, other factors that may affect Ontrak business financial condition and operating results, which include, but are not limited to, the risk factors described in the Risk Factors section of the Form 10-K and Form 10-Q as filed with the SEC.

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Comments (2)

Thanks to Richard Close, we know that the outreach pool for early this year is 18% of 152,000 which is less than 30K. With double the enrollment rate (~40%) and an increase in utilization, we all hope that it will keep refreshing as expected and grow.
BeaBaggage profile picture
No one asked and they did not comment on the VA contract and potential..seems to me that could be important as well. Growth in h/c enrollments from Feb -May plus subsidies in the new $1.9T bill etc. should add to potential pools.
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