Teletherapy company Talkspace reported its first quarter financial results for the year, showing a 36% increase in revenue over the prior-year period, to $45.4 million, and a 30% increase in gross profit to $21.7 million.
Operating expenses were down 9% from the prior year to $23.4 million, while payor revenue increased 92% from the first quarter of 2023, and direct-to-enterprise revenue...
Teletherapy company Talkspace announced the launch of Behavioral Health Consortium, an offering allowing clinicians to refer insured members with high-acuity needs to in-network specialty-care providers for alcoholism, substance use and eating disorder treatments.
The network includes virtual opioid use treatment company Bicycle Health, outpatient mental health support company Charlie Health and...
Telemedicine company Thirty Madison has partnered with behavioral telehealth company Talkspace to bring mental health offerings to Thirty Mason’s Nurx and Cove users and allow Talkspace users to access migraine treatment and women's healthcare.
Talkspace will now serve as the therapy partner for Nurx, which specializes in comprehensive care for women’s dermatology, reproductive health and sexual...
Wheel, a virtual care staffing and services vendor, announced it has partnered with Mark Cuban Cost Plus Drug Company, mental health platform Talkspace and diagnostic services company Health Gorilla.
Thanks to the collaborations, Wheel will deliver mental health services, affordable home delivery prescription drug pricing offerings, and lab and diagnostics through its integrated virtual care...
Teletherapy company Talkspace and virtual opioid use disorder treatment company Bicycle Health are partnering to expand access to virtual care for patients of both companies.
Talkspace offers therapy for adults, teens 13 to 17, and couples, as well as psychiatric services and medication management. The platform assists individuals suffering from anxiety, depression, bipolar disorder, OCD, panic...
Publicly-traded digital behavioral health company Talkspace announced a strategic partnership with menopause-focused telehealth startup Evernow in which both companies will utilize the other's offerings to expand their portfolio.
Talkspace offers therapy for adults, teens 13 to 17, and couples, as well as psychiatric services and medication management. The platform assists individuals suffering...
Direct-to-consumer virtual care company Hims & Hers Health reported 57% year-over-year revenue in the third quarter of this year at $226.7 million, compared to $144.8 million in the same period last year.
Net loss was $7.6 million in Q3 this year, down from $18.8 million in Q3 last year, and adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) was $12.3 million,...
Finland-based Oura, maker of its namesake health tracking ring, announced it's partnering with teletherapy company Talkspace to allow Oura wearers to share their personalized sleep and daily movement data with Talkspace therapists.
Oura ring wearers can utilize the company's Share Report feature to send information about their sleep quality and movement trends over the period of a week, a month...
Teletherapy company Talkspace saw its stock price rise after reporting second-quarter revenue of $35.6 million, a 19% increase over the prior year period, driven by an 82% increase in B2B revenue year-over-year and partially offset by a 41% consumer revenue decline.
The New York-based company's net loss was substantially lower in the second quarter at $4.7 million than its $23 million loss in Q2...
Talkspace reported an 11% increase in revenue in the first quarter that was driven by an increase in its business-to-business sales.
The teletherapy company reported $33.3 million in revenue compared with $30.2 million in the prior-year period. It noted a 71% increase in its B2B revenue year-over-year and 40% decline in its consumer revenue.
The New York-based company reported a net loss of $8.8...
