Behavioral Health Business February 22, 2024
In 2024, Talkspace (Nasdaq: TALK) will focus on expanding its services to teenagers and seniors via new partnerships with schools and municipalities, as well as broadening its reach within the Medicare program.
Talkspace, which started as a direct-to-consumer company, continues to double down on its payer partnerships and direct-to-enterprise (DTE) strategy. Part of that strategy is enterprise partnerships with organizations looking to help tackle the youth behavioral health crisis.
In late 2023, Talkspace inked deals with Baltimore County Public Schools and the city of New York to provide virtual care services to teens. But this is just the beginning of these types of partnerships, Talkspace CEO Dr. Jon Cohen said during the company’s Q4 earnings call.
“In 2024, we will...
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