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...
Two Chairs, a California-based hybrid behavioral health company, announced it had closed a $72 million Series C equity and debt-financing round.
Amplo Financing led the round, with Fifth Down Capital and other investors participating. Bridge Bank provided the debt financing.
The round brings the company's total raise to $103 million.
WHAT IT DOES
Two Chairs matches patients with the correct...
Behavioral healthcare startup Concert Health is partnering with Wisconsin-based healthcare provider Froedtert Health to enhance care for pediatric, primary care and women's health patients.
Concert Health offers behavioral health support to primary care, women's health and pediatric providers. Utilizing a collaborative care model, Concert uses referrals, prescription data and screening across a...
