Talkspace Inc. (Nasdaq: TALK) leadership warned against the increasing harms of general-purpose large language models (LLM), positioning these risks as a market opportunity for its own proprietary mental health-focused LLM, a new effort that company executives say has “significant upside” for the company today and in the future. Earlier in the year, the digital mental […]
Behavioral health services were mostly exempt from the pre-pandemic telehealth limitations that kicked in for Medicare recipients when the federal government shutdown began 15 days ago. Yet, a newly announced freeze on claims dated Oct. 1 and beyond will pause reimbursement for providers in the mental health and substance use disorder (SUD) space. “In the […]
Editor’s note (Oct. 6, 2025): This story was updated with additional commentary from Talkspace after the story was originally published. Digital mental health company Talkspace Inc. (Nasdaq: TALK) has acquired one of its digital partners: Wisdo Health. On Monday, New York City-based Talkspace announced it had acquired Wisdo Health, a moderated social media and peer […]
Talkspace Inc. (Nasdaq: TALK) has teamed up with a patient-provider matching software provider that also assesses the skills and weaknesses of mental health clinicians called Outcome Referrals. The deal marks the first scaled partnership by Outcome Referrals to institute the Express Access TOP Match system. The system assesses the clinical outcomes of patients and ties […]
Talkspace Inc. (Nasdaq: TALK) could compete in the wide health tech ecosystem as a provider of AI tools on top of its present focus as a digital outpatient mental health provider. CEO Dr. Jon Cohen left all options open when it comes to how Talkspace’s soon-to-debut foundational large language models (LLMs) would fit into the […]
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 (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 […]
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 (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 […]
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 […]
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