There's one more big concern here: competition. (Nasdaq: TALK), a leading virtual behavioral healthcare company, today reported 2022 first quarter results as summarized below. Other. Learn more about insurance coverage for therapy. Available in the United States: yes. Talkspace, Inc. Download the App. talkspace. Talkspace versus Brightside Freezing and Cancellations. S. To participate in the Talkspace network, all associate therapists are required to possess the following: An active, associate clinical license (e. Thousands of licensed therapists; Message your therapist 24/7; Insured members on average pay a $20 copay or less; A new report accuses the mobile therapy startup Talkspace of mining the data from clients' private therapy conversations. As a group, “Health services” companies have a potential upside of 93. Completed B2B sessions grew 139% in 2021 versus. (1) Q4 2022 run-rate operating expenses exclude a non-recurring goodwill impairment charge and other non-recurring litigation expenses, partially offset by one-time savings related to marketing. Copy link. variations in performance across competitors, changes in laws. . . Analyst Recommendations. BetterHelp Vs. Talkspace went public in June 2021 in a $1. The total addressable market for behavioral health is large. Therapy on Talkspace starts at $276 – 436 monthly ($69 – $109 weekly), with online psychiatry costing $249 for an initial appointment and follow-ups costing $125. Unlike our competitors, Talkspace is a pure-play mental health company. Oren and Roni Frank founded Talkspace in 2012. The founders of $1. Below are our top picks in the online psychiatry space for 2023. Type: Company - Public. Directories offer an easy way for people to find mental health help. 201 to 500 Employees. Roni and Oren Frank established Talkspace around a decade. Talkspace Versus the Competition Talkspace offers convenient, accessible, and responsive mental healthcare through messaging and live therapy sessions. Like Talkspace, BetterHelp allows clients to communicate during live sessions and through text messaging. Talkspace - Online Therapy Competitors & AlternativesAdd Company. Talkspace, Inc. Organic Research is designed to help you discover competitors' best keywords. Talkspace’s Profile, Revenue and Employees. Alma. As part of the promotion, Talkspace offers a discount of $100 on the first month of Talkspace services to Oura. Talkspace's average media sentiment score of 1. Consensus Rating: N/A: Moderate Buy: Hold: Predicted Upside-36. Examples: If a provider works 5 hours in a. Evernote. Overview. 's 10-Q Quarterly Report: Financial - Expense Highlight. The Promise Breaker. Talkspace(OTCMKTS:TALK – Get Rating) is one of 33 public companies in the 'Health services' industry, but how does it contrast to its rivals? We will compare Talkspace to similar companies based onYour Employee Assistance Program (EAP) offers emotional support resources for you and your household. 5 and < 0. Talkspace currently has a consensus target price of $1. The $69/week plan is for messaging therapy only. Best for psychiatry: MDLive. Talkspace is one of the few. It uniquely integrates psychiatry and therapy in online care, a rarity among competitors. ; Analyze competitor websites: Look at other therapy websites in your niche or area, identify any targeted keywords, and then use them in your own strategy. Talkspace (NASDAQ:TALK – Get Free Report) is one of 33 public companies in the “Health services” industry, but how does it weigh in compared to its competitors? We will compare Talkspace to related companies based on the strength of its institutional ownership, earnings, analyst recommendations, risk, valuation, dividends. Talkspace is just one company in the growing telebehavioral health space. Discover the top Talkspace competitors, the leading online therapy platform. Create an account by adding in an email address and password. Talkspace has raised $109M over 10 rounds. Eighty-three percent of Talkspace users were satisfied or very satisfied with the services provided, whereas BetterHelp’s satisfaction average amongst users was considerably lower at 77%. Talkspace closed its last funding round on Jun 23, 2021 from a Post-IPO Equity round. Earnings: The amount and date of latest Earnings Per Share (EPS) paid out to shareholders. Yes, UMR insurance covers Talkspace therapy or psychiatry as an in-network service, but coverage details for your individual plan may vary. The company offers psychotherapy and psychiatry services through its platform to individuals, enterprises, and health plans through both business-to-business and business-to-consumer channels. 50. 1. the market. Calm. Talkspace Competitors and Alternatives 2023 (NASDAQ:TALKW) Research Tools All Access Tools My MarketBeat My Portfolio My Performance My. 5 and < 0. Founded in 2012, Talkspace pioneered message-based therapy, fulfilling an unmet desire of many people to text with. Read the latest reviews and find the best Telemedicine Software software for your business. Lantern. com, and more. 4 billion and provide $250 million in capital. 10,637 Total users surveyed 350 Data points analyzed We surveyed 105 users from 55 online therapy companies and 180 users from 25 therapist directories and. S. 31% Downside: 1,086. SonderMind accepts health insurance plans from most major providers, and unlike other online therapy platforms, there’s no subscription fee. ADHD. Talkspace is a leading virtual behavioral healthcare company enabled by a purpose-built technology platform. Calm operates as a mental wellness brand in the health and wellness industry. For those unfamiliar with it, the Death Cafe movement is a humble concept turned worldwide phenomenon. Plans & Prices. Completed B2B sessions grew 139% in 2021 versus the prior year. Talkspace’s competitors have higher revenue, but lower earnings than Talkspace. Detailed comparison between 2 of the leading online therapy sites, Betterhelp and Talkspace. If I had purchased shares in. As a digital healthcare company, all care is delivered through an easy-to-use and fully. Talkspace Versus the Competition Talkspace offers convenient, accessible, and responsive mental healthcare through messaging and live therapy sessions. 00 indicating that Talkspace is being referred to more favorably in the news media. being registered represents the sum of (a) 108,362,537 shares of Talkspace, Inc. Headway's revenue is the ranked 5th among it's top 10 competitors. BetterHelp is less expensive than Talkspace, but only by a small amount. (d/b/a “Talkspace”), a Delaware corporation. 52%. com, verywellmind. Marriage counseling helps you identify the exact root of your problems and come up with effective strategies to overcome them. 6M; in Q2 2023, it was $35. Headway 's top competitors include Wysa, Grow Therapy, and Alma. 1 Location. Take breaks several times per day. Talkspace) (the “Company”) is very pleased to offer you the position of Chief Executive Officer reporting to the Company's Board of Directors (the “Board”) with a start date of November 9, 2022 (your actual start date, the “Start Date”). Talkspace vs. Aetna members can match with a Talkspace therapist in just a few days and get access to affordable sessions via live video, live audio (phone call), live chat, or text messaging. 90%. 4 million versus Adj. Best for Kids & Teens – Brightline Health. 93. Who are Talkspace’s Providers? Talkspace providers are licensed. 5, and. 13 Best Online Therapy Services of 2023. (NASDAQ: TALK) common stock as of the record date for the special meeting. talkspace . One such website that has become well-known in the online counseling community is Talkspace. 2. LiveHealth Online is also HSA/FSA-eligible. The averaged score is equivalent to the following: Very Negative Sentiment <= -1. Enter your email address below to receive the latest news and earnings results for TALK and its competitors with MarketBeat's FREE daily newsletter. In the previous week, Talkspace had 2 more articles in the media than Aclarion. ReGain, which is a sister site of BetterHelp, and Talkspace Couples Therapy both connect you and your partner with a licensed therapist for live couples counseling via phone, chat, or video. Other Events As Talkspace, Inc. Members in high-deductible health plans must satisfy the deductible. Talkspace is a leading virtual behavioral health company that offers convenient and affordable access to a fully-credentialed network of highly qualified providers. This rating has decreased by -1% over the last 12 months. In Q4, Verywell Mind conducted a comprehensive analysis of digital therapy platforms to help readers find Item 8. The decrease was primarily driven by $2. Plus it’s easy to verify right upfront whether or not your insurance will cover your care—before. KGaA - ADR FMS: $19. Talkspace (NASDAQ:TALK – Get Free Report) is one of 34 public companies in the “Health services” industry, but how does it compare to its peers? We will compare Talkspace to related companies based on the strength of its risk, dividends, valuation, earnings, analyst recommendations, profitability and institutional ownership. 5 and < 1. While both platforms provide exceptional live therapy sessions, BetterHelp focuses more on a talk-therapy approach to resolving mental illness challenges, while TalkSpace goes a step further. The decrease in sales and marketing expenses primarily consists of a decrease in direct marketing and promotional costs for our B2C business due to the Company's intentional and strategic decision to reduce marketing spend related to this service. 49. In our January 2023 survey of 200 Talkspace users, 60 percent of respondents used their health insurance to help pay for Talkspace. Talkspace : Best Overall When COVID hit, online therapy saw a rise in numbers. 3,000+ licensed therapists and mental health. Best With Insurance – Talkiatry. ST. The future. 5 million settlement between virtual therapy company Talkspace and a class of investors. Talkspace black friday sales, promo codes, coupons & deals, November 2023. Share. This is likely the. 01, suggesting that its share price is 1% more volatile than the S&P 500. Competition will remain stiff. We also appreciated that, unlike Talkiatry or other competitors, it wasn’t just. 51% of traffic. Talkspace revenue increased 32% year over year to $38. Given Talkspace. LiveHealth Online works with a wide variety of insurers, including Medicaid, Anthem, Blue Cross and Blue Shield, and Empire Blue Cross. The main competitors of Talkspace include Sharecare (SHCR), DocGo (DCGO), InnovAge (INNV), Celcuity (CELC), Amarin (AMRN), Arbutus Biopharma. Through its platform, the Company provides psychotherapy and psychiatry services to individuals, enterprises and health plans through both business-to-business (B2B) and business-to. Talkspace promotes behavioral health as a lifestyle, not. common stock”), of Talkspace, Inc. It provides integrated healthcare services such as non-urgent physical care, mental. Talkspace is trading at. You can pause for seven days on Talkspace (which automatically pushes your billing date back a week). Talkspace's stock was trading at $0. Talkspace is trading at a lower price-to-earnings ratio than. 47 million-$125. 8B $274. A board certified nurse practitioner will receive the report. MarketBeat recorded 3 mentions for Talkspace and 1 mentions for Aclarion. 134140 in June 2021 as. Talkspace (NASDAQ:TALK – Get Free Report) is one of 34 public companies in the “Health services” industry, but how does it compare to its peers? We will compare Talkspace to similar businesses based on the strength of its valuation, institutional ownership, risk, profitability, analyst recommendations, earnings and dividends. With Talkspace, you'll get the support that you need to feel better while saving $100 off when you sign up. True False, Businesses that employ the focus strategy produce and market to the entire industry products or services that can be readily distinguished from those of their competitors. Learn about their Healthcare Software, Software market share, competitors, and Talkspace's email format. Talkspace Competitors. Spring Health's top competitors include Dialogue, Therify, and Headspace. Since then, TALKW shares have increased by 39. In the previous week, Talkspace had 1 more articles in the media than Sharecare. com 2nd most similar site is betterhelp. 4 billion deal, and teletherapy provider Cerebral recently joined the unicorn club with a $1. 54 billion-$99. It is estimated that the two control about 90 percent of the online therapy market in the U. Spring Health 's alternatives and competitors. Achieve your potential with Talkspace online therapy. (NASDAQ:NASDAQ:TALK) Q3 2021 Earnings Conference Call November 15, 2021 5:00 PM ETCompany ParticipantsDoug Braunstein – Chairman and Interim. Best for Medication. As a digital healthcare company, all care is delivered through an easy-to-use and fully. The platform offers a wider variety of services than many of its competitors, from individual, couples, and teen therapy to psychiatric care and medication management. Most broken promises are not intentional, motivated by meanness, or routinely repeated. We will compare Talkspace to related companies based on the strength of its valuation, profitability, risk, dividends, analyst recommendations, institutional ownership and earnings. Talkspace is a New York-based mental health application that allows patients to connect and communicate. Talkspace's latest post-money valuation is from June 2021. Headway. 4. Best for chat support: Teen Counseling | Skip to Review. All told, our team has spent over 122 hours testing and researching their services and those of their chief competitors in order to provide an accurate, unbiased analysis of how they compare, free of marketing jargon and gimmicks. Insider &. 8 million and gross profit of a positive $14. W. Talkspace Reports 2021 Full Year and Fourth Quarter Results. S. Talkspace has an overall rating of 2. TalkSpace's most prominent competitor is BetterHelp, an American company owned by Teladoc and founded by Israeli Alon Matas. Copied! Print. During the previous two years, 67 institutional investors and hedge funds held shares of Talkspace. That said, when you compare the closest plans, BetterHelp is significantly cheaper at $80 per week than Talkspace at $129 per week (note that BetterHelp’s sessions range between 30 and 45 minutes long, while Talkspace’s are exactly 45 minutes long). Learn why top analysts are making this stock forecast for Talkspace at MarketBeat. Amwell. Prioritize tasks in order of importance. (the “ Company ” or “ HEC ” ) held a special meeting of stockholders (the “ Special Meeting ”) in connection with its previously announced business combination with Groop Internet Platform, Inc. com Top Traffic Sources. Talkspace costs between $65 - $95 per week, whereas BetterHelp costs between $60 - $90 per week. For asynchronous sessions, you’ll receive a rate of ~$25 per session, depending on the plan type. Talkspace (NASDAQ: TALK) provides online and mobile therapy services. BetterHelp, Talkspace and Cerebral. Talkspace is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more. Created by an experienced healthcare IT consultant and clinical psychologist husband-wife team, this is one of the best apps for therapists because it was created to fill a critical void and need in the market for electronic storage of therapy notes that are easily accessible, secure, and organized. 1. TalkSpace is a professional environment that accommodates up to 18 people. It primarily serves the corporate sector providing mental. The filing charges that Talkspace even cited in a presentation to investors the 30 percent increase in the nationwide suicide rate as “evidence of a massive untapped market. Analyst. 68M), Goldman Sachs Group Inc. More than 70 million Americans suffer from mental illness, spread across all ethnic, socio-economic and age ranges. Speak to your boss about reducing tasks when necessary. As a group, “Health services” companies have. the market. Talkspace offers only text-message therapy through the app on their cheapest online counseling package. The Company offers access to a fully credentialed network of providers. Best for Substance Use – WorkIt Health. 201 to 500 Employees. Talkspace Inc. 24 million for the quarter ended December 2022, surpassing the Zacks Consensus Estimate by 4. BetterHelp, Talkspace, and its competitors are using the same playbook to break down the current mental health system. Lyra, Modern Health, and Ginger all provide fantastic benefits as B2B mental healthcare platforms. Talkspace (NASDAQ:TALK – Get Free Report) is one of 33 publicly-traded companies in the “Health services” industry, but how does it compare to its rivals? We will compare Talkspace to related companies based on the strength of its dividends, institutional ownership, profitability, earnings, analyst recommendations, valuation and risk. Talkspace is the latest healthcare company to go public via a SPAC IPO, or a reverse merger with a blank-check holding company. The future. The most underutilized channel is Display. 5 million settlement between virtual therapy company Talkspace and a class of investors. ;. On November 15, 2021, Talkspace reported 3Q21 Adj. Price: free (or $150 a month ($37. And like our competitors, Talkspace is a pure-play mental health company. 6 million payment of accrued liabilities related to the Business Combination during the six months ended June 30, 2022 compared to $251. View Presentation. *Copays represented are averages. Video Plus Messaging Plus Workshops $436 per month. 00, suggesting a potential downside of 47. Before we dive too deep into the details, you may be wondering. According to Similarweb data of monthly visits, talkspace. The platform’s self-pay costs are also affordable in comparison to many of its competitors. Our proven testing platform makes therapy available within hours and live video available within 7 days compared to. B2B eligible lives increased 75% in. Talkspace (NASDAQ:TALK – Get Free Report) is one of 30 public companies in the “Health services” industry, but how does it weigh in compared to its peers? We will compare Talkspace to related businesses based on the strength of its profitability, institutional ownership, analyst recommendations, dividends, valuation, risk and. Alma 's alternatives and competitors. Revenue: $25 to $100 million (USD) Health Care Services & Hospitals. 60 minute session: $67. While the games this year may be postponed, the first time such a delay has occurred, the lack of competition and disappointment of the. Each company offers different plans that don’t perfectly line up with one another. Video Plus Messaging Therapy $396 per month. 50 per week) for therapy) Insurance accepted: no. We also decided to compare TalkSpace salaries to those of their main competitor — BetterHelp. Talkspace's latest funding round was a Reverse Merger for on June 23, 2021. (1) Reflects active members at the end of the. Here is a summary of Talkspace’s main competitors. For those unfamiliar with it, the Death Cafe movement is a humble concept turned worldwide phenomenon. Compare Talkspace to Competitors. 08, 2022 (GLOBE NEWSWIRE) -- Talkspace, Inc. Make sure you get enough sleep at night so that you are energized. What I’m doing here is reviewing my experience of utilizing each mental health service, rather than its effectiveness – since even the most wizard-like therapist isn’t going to ‘cure’ you in just one week. Fresenius Medical Care AG & Co. Achieve your potential with Talkspace online therapy. In contrast to the mostly favorable ratings of both Calm and Headspace in the app stores, both apps are rated “poor” on Trustpilot. Over the last four quarters, Talkspace's revenue has grown by 31. Talkspace (OTCMKTS:TALK – Get Rating) is one of 33 public companies in the “Health services” industry, but how does it weigh in compared to its peers? We will compare Talkspace to related companies based on the strength of its institutional ownership, analyst recommendations, valuation, risk, earnings, profitability and. Many users also described their experience at Talkspace as user-friendly, with 88% of people reporting that the platform was helpful in connecting them to a therapist and 56% of users saying that Talkspace’s app was easy to use in. Telecommunications · Australia · <25 Employees. The two are in a bit of a fierce competition. 3,000+ licensed therapists and mental health providers. Virtuwell handles the diagnostic part of telemedicine by asking you to describe your symptoms in an online interview. Together they have raised over 4. Inside Talkspace, Inc. 97M), Jennison Associates LLC ($8. 3 million of proceeds from the exercise of stock options, partially offset by a $0. With a thoughtful combination of resources and a thorough vetting process. Talkspace's policy of invalid anonymity impedes aforementioned ability away therapists to report dangerous situations. HEIC has scheduled a special meeting of stockholders (the "Special Meeting") for June 17, 2021 at 8:30 a. ($7. Who are. talkspace. (Nasdaq: TALK), a leading virtual behavioral healthcare company, today reported 2022 third quarter and nine months results as summarized. Founded in 2011. Alma. Unlock 7 more competitors → Select to follow all companies RANK COMPANY CEO CEO RATING. 00. If true, the accusation raises serious ethical questions about the tech. common stock to be issued in exchange for outstanding shares of capital stock of Groop Internet Platform, Inc. Talkspace plans range from $69/week to $129/week, depending on your needs. Best for Psychiatry: Talkiatry. On June 17th, 2021, Hudson Executive Investment Corp. See how Headway compares to similar products. operate, variations in performance across competitors, changes in laws and regulations affecting Talkspace's business and changes in Talkspace's capital structure, (vii) the ability to implement. Talkspace caters to couples in different relationship phases, from premarital to long-term and married couples. e. SourceForge ranks the best alternatives to Talkspace for Business in 2023. (3) The number of shares of common stock, par value $0. 50, suggesting that. (d/b/a “Talkspace”), which became the business of. Company Profile | New York, NY | Competitors, Financials & Contacts - Dun & Bradstreet Find company research, competitor information, contact details & financial data for !company_name! of !company_city_state!. , LCSW. Learn about our values, career benefits, and how to reach our recruitment team. Best for Medication. Valuations are submitted by companies, mined from. Talkspace Reports Third Quarter 2021 Financial Results. 34M), Migdal Insurance & Financial Holdings Ltd. Competitors. The analyst firm set a price target for 5. However, the company's negative history fostered an excessively. Health providers like Bon. talkspace . This is where these two competitors differ the most, and is also an area which obviously matters a lot. Talkspace Stock vs. 2. We will compare Talkspace to similar companies based on the strength of its profitability, analyst recommendations, valuation, risk, earnings, institutional ownership and dividends. Brain Fog. Find top-ranking Talkspace alternatives and competitors. com, or securely on Signal at (323)-639-0429. If you want to cancel your Talkspace account, you can follow these steps which have been described below: Log into your Talkspace account and click on your username. Statistics show that Talkspace Inc has outperformed its competitors in share price, compared to the industry in which it operates. Found is a weight-care telemedicine company that offers holistic weight-health support. 5, Negative Sentiment > -1. Best for Flexibility: Thriveworks. Website. Users of the Talkspace app have access to licensed therapists and can. Importantly, Talkspace has already been growing its business. I think the food cost all of $11. 2 billion valuation, according to an industry report from CB. In the previous week, Talkspace had 1 more articles in the media than Sharecare. NEW YORK, Nov. 1. D. However, Talkspace takes things a step further than many of its competitors, by providing psychiatry and couple’s therapy, too. Talkspace offers free mental health tests that only take a few minutes to complete. com’s top competitor in July 2023 is psychcentral. Profitability. Analyst. Olga Molina, D. These arguments can be harmful, particularly when used alongside negative stereotypes about other communities. com. View Talkspace (location in New York, United States, revenue, competitors and contact information. After registration on the platform, a user visits a private chat room to consult with a mental health professional who asks questions about the patient's expectations from the therapy. Talkspace (NASDAQ:TALK – Get Free Report) is one of 34 public companies in the “Health services” industry, but how does it compare to its peers? We will compare Talkspace to related companies based on the strength of its analyst recommendations, dividends, valuation, risk, profitability, earnings and institutional. 00. Thesis offers personalized nootropic blends that improve cognition, mood, focus, and overall mental health. Volatility. “We embarked on a mission to eliminate the 3 most prominent barriers to mental health services: access. While all make it easy for employees to access quality therapist and online resources, we recommend Modern Health for its focus on proactive mental healthcare.