Behavioral Health Business March 28, 2025
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 a public entity can also bring any potential criticisms to the fore, creating a high-risk, high-reward situation for behavioral health providers.
“The benefit of a company like Talkspace (Nasdaq: TALK) coming in is to just extend [digital mental health] resources and bring scalable solutions, in particular to vulnerable populations or populations who might not otherwise be taking advantage of those services,” Dr. Nikole Benders-Hadi, chief...
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