How Talkspace, Brightline, Behavioral Framework Employ Sustainable Staffing Practices

The impact of behavioral health staffing strategies extends beyond the HR office. Success or failure in hiring, training and retention can make or break the best-laid plans.  Workforce strategies are the first move in the proverbial game to create clinical offerings that impress a behavioral health provider’s patients, payers, existing clinicians and prospective clinicians. But […]

Talkspace Strikes Deal with Amazon Pharmacy, Expanding Medication Access

Talkspace (Nasdaq: TALK) has debuted a new integration with Amazon Pharmacy. In doing so, Talkspace becomes the first behavioral health provider to coordinate with the retail giant’s pharmaceutical offerings, company leaders told Behavioral Health Business. The arrangement with Amazon (Nasdaq: AMZN) will simplify medication management for Talkspace providers, allowing them to send prescriptions directly to […]

3 Medical Specialties Perfect for Behavioral Health Collaboration

This is an exclusive BHB+ story About a month ago, I was talking to a source who told me psychiatrists and therapists rarely speak to each other. As absurd as that is, with these two specialties so closely aligned and no discourse, it got me thinking: What other specialties should really be brought into the […]

Talkspace Extends Profitability Run as Payer Strategy Fuels Growth

Talkspace (Nasdaq: TALK) is reaping the benefits of going in-network with payers. The digital provider increased its payer business by 33% in the first quarter of 2025. Talkspace is now boasting its fifth profitable quarter in a row, with revenue up by 15% to $52.2 million. Payer sessions were up 23% in the first quarter […]

The Risks of Behavioral Health Public-Private Partnerships

This is an exclusive BHB+ story Several larger behavioral health providers have inked partnerships with public entities as a way to expand access to care and seal valuable deals. These partnerships, worth tens of millions of dollars a year, are highly competitive, sources told Behavioral Health Business. While mutually beneficial, signing a high-profile deal with […]

After Reaching Profitability, Talkspace Hints at M&A

After rocky years on the public market, Talkspace appears to be rebounding and hints at even pursuing inorganic growth strategies. This comes as the virtual behavioral health company increased its full-year 2024 revenue by 25% to $187.6 million, driven mainly by a 54% increase in payer revenue. The telehealth company achieved profitability for the first […]

Talkspace’s Medicare, Tricare Deals Expand Free Access, Marketing Hurdles Remain

Thanks to Talkspace’s (NASDAQ: TALK) new partnerships with public payers, Tricare and Medicare, more individuals now have free access to the company’s assets. The tricky part is garnering awareness about the services.   Talkspace is also set to cover 200 million lives and is working to improve awareness that its services may be free for many […]

Payers Recognize Promise of Digital Behavioral Health, But Coverage Lags Behind

Despite growing payer interest in digital behavioral health services, industry insiders agree significant challenges still need to be addressed in insurers’ virtual care contracting strategies. While traditional virtual mental health care has gained in popularity, there are still many services that digital behavioral health companies offer that aren’t covered by the government or traditional payers. […]

Talkspace Goes Retail, Partners with Amazon’s Health Business

Digital mental health provider Talkspace Inc. (Nasdaq: TALK) is now selling its services on Amazon. Specifically, Talkspace will be offered through Amazon Health Services’ Health Conditions Programs. These programs are meant to help consumers get access to insurance-covered services that they might not otherwise be able to access. Talkspace is the first virtual behavioral health […]