Behavioral Health Business January 11, 2024
Talkspace Inc. (Nasdaq: TALK) continues to push into new payer partnerships and new patient populations by announcing that it will serve traditional Medicare and Medicare Advantage members.
The move marks yet another level of progression in the New York City-based tele-mental health company’s evolution into a company that generates business by working with enterprises that act as intermediaries in people’s health. The company was founded and went public under a model that was heavily focused on working directly with consumers.
At the 2024 J.P. Morgan Healthcare Conference, Jon Cohen, Talkspace’s CEO, said that its services will be available nationwide to American seniors on these health plans by the end of the year. Cumulatively, about 66 million Americans are on Medicare...