Talkspace’s B2B pivot pays off: 3 notes

Becker's Healthcare October 29, 2024
Rylee Wilson

Talkspace’s pivot to business-to-business services is paying off, the company’s CEO said.

The behavioral telehealth company reported its third-quarter earnings Oct. 29. The company reported $47.4 million in adjusted earnings in the third quarter, up 23% from the same time period last year.

Talkspace reported $1.9 million in earnings, up from a $4.4 million loss in the same time period last year.

Here are three things to note:

1. Talkspace has pivoted its strategy from a direct-to-consumer platform to contracting with private health plans and Medicare.

   “We have made meaningful strides in fortifying our relationships with...

Today's Sponsors

Today's Sponsor