Behavioral Health Business August 29, 2025
Digital value-based care behavioral health provider Ontrak Inc. has ceased operations and will file for Chapter 7 bankruptcy.
Founded in 2003, Ontrak disclosed in public documents that it was dealt a death blow by a prospective customer opting not to partner with the company. It publicly disclosed the development on July 2. The missed prospect meant losing the potential to serve up to 29,000 lives with two of Ontrack’s core products.
Miami-based Ontrack’s business centered on identifying and treating patients whose “behavioral conditions… cause or exacerbate chronic medical conditions such as diabetes, hypertension, coronary artery disease, chronic obstructive pulmonary disease, and congestive heart failure, which result in high medical costs,” the company states in public filings. It partnered with health...
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