It specializes in. Talkspace is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more. (Nasdaq: TALK), a leading virtual behavioral healthcare company, today reported 2022 second quarter and first half results as summarized. Find the perfect alternative to meet your mental health needs. Third-quarter payer revenue was $22. 58%. The latest price target for Talkspace ( NASDAQ: TALK) was reported by TD Cowen on Wednesday, May 3, 2023. Go to the ‘Payment and plan’ part of your account and then click on ‘Stop subscription renewal’. The main competitors of Talkspace include Sharecare (SHCR), DocGo (DCGO), InnovAge (INNV), Celcuity (CELC), Amarin (AMRN), Arbutus Biopharma. com 2nd most similar site is betterhelp. – Talkspace, Inc. The stock closed at $5. You can pause for seven days on Talkspace (which automatically pushes your billing date back a week). Each company offers different plans that don’t perfectly line up with one another. It identified a set of direct competitors that provide mental. Inside Talkspace, Inc. 92%. There's one more big concern here: competition. Active members grew 21% year-over-year to approximately. Organic Research is designed to help you discover competitors' best keywords. Dr Neil Leibowitz Betterhelp…who speak 40 languages and the pricing of betterhelp. Drill down into the main traffic drivers in each channel below. Talkspace Overview. Talkspace went public in June 2021 in a $1. 5, Negative Sentiment > -1. Amwell. 6 million payment of accrued liabilities related to the Business Combination during the six months ended June 30, 2022 compared to $251. Find the perfect alternative to meet your mental health needs. Explore the current job openings available at Talkspace. 25%. ST. (1,080)4. Talkspace's existing board members who will stand for election in the upcoming shareholder meeting: Oren Frank, Executive Director. Analyst. We review each and help you decide which one to use. 1 billion, and has brought on clients. Talkspace is also HIPAA-compliant, meaning it complies with the federal law protecting personal health information—though keep in mind that this does not mean that the company is exempt from the general privacy concerns that plague the online therapy world. ”. Spring Health 's alternatives and competitors. Some of the best online therapy services that offer great counseling, and are alternatives to Talkspace, include: Online-Therapy. Find and reach Talkspace's employees by. It provides integrated healthcare services such as non-urgent physical care, mental. 2578 Broadway #607 New York, NY 10025. Competitor Name Revenue Number of Employees Employee Growth Total Funding Valuation #1. Talkspace is partnered with some health plans, as well as with some companies' employee assistance plans (EAP),. Talkspace is trading at a lower price-to-earnings ratio than. Oren Frank, Co-founder and CEO of. 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. Eastern Time to approve the proposed business combination and to elect the nominated directors to the board of directors. Talkspace is a New York-based mental health application that allows patients to connect and communicate. It can be used for general meetings, video conferencing, committee meetings, presentations, sales meetings & even product launches. 's 10-Q Quarterly Report: Financial - Expense Highlight. Talkspace is a step forward or many miles ahead of many of its competitors as it offers therapy as well as psychiatry services in the same platform. MarketBeat recorded 1 mentions for Talkspace and 0 mentions for Sharecare. Talkspace's stock was trading at $0. S. Even though their psychiatric care is more limited, the level of talk therapy is much higher, and Talkspace in particular is much more affordable. SourceForge ranks the best alternatives to Talkspace for Business in 2023. A pessimistic person is one who is often seen as lacking hope and joy and is marked by disbelief or distrust. Talkspace Services + Pricing. If true, the accusation raises serious ethical questions about the tech. 201 to 500 Employees. According to Similarweb data of monthly visits, talkspace. The app boasts 61,500 active members today, up 40% from a year ago. Brightside, on the other hand, places an emphasis not only on treatment but also on drug management. Price: $59. com is Direct traffic, driving 43. Learn more about insurance coverage for therapy. Talkspace is a subscription service and you do need to cancel (at the click of a button) if you stop using it. Talkspace Competitors: $1. Third-quarter payer revenue was $22. InnerHour (Now Amaha Health) A psychological health platform, InnerHour is another alternative to Talkspace on our list. “When I asked for a refund, after receiving not one therapy session, they actually charged me for the. TalkSpace offers unlimited texting and 4 x 30-minute live sessions: Mobile and Desktop apps for hands-on therapy: TalkSpace clients can access therapy on a laptop or PC: Customers at BetterHelp can access over 6,000 licensed online counselors specialized in various type of therapies. 4 million versus Adj. com What is the difference between Talkspace and Betterhelp, and which online therapy platform is the best in terms of both cost and services? Talkspace's top competitors include Amwell, Teladoc Health and MDLIVE. Therapist responds daily, five days a week. Volatility. In 2020, an initial session cost $249, and follow-up sessions cost $125 each. 75 w/ Talkspace discount codes, 25% off vouchers, free shipping deals. com. For users without insurance, SonderMind aims to offer. See the full list of Wave Life alternatives and competitive updates on Owler, the world’s largest community-based business insights platform. Talkspace has raised $109M over 10 rounds. Here is a summary of Talkspace’s main competitors. As of March 31, 2022, over 2 million people have used Talkspace, and 76. Talkspace. Headway 's top competitors include Wysa, Grow Therapy, and Alma. Best for Medication. D. Talkspace military & senior discounts, student discounts,. 54 billion-$99. Talkspace Competitors. Instead of working together to achieve shared goals, members of these Asian American subgroups may see others as competitors. By 2019, BetterHelp made $100 million in revenue, with an annual growth of 50 percent. A new HBO documentary, The Weight of Gold produced by Talkspace partner Michael Phelps, seeks to highlight the mental health challenges faced by athletes during, and especially after, their careers. , (d/b/a “Talkspace”) a Delaware corporation (“ Talkspace ”), pursuant to that. If true, the accusation raises serious ethical questions about the tech. (Nasdaq: TALK), a leading virtual behavioral healthcare company, today reported 2022 third quarter and nine months results as summarized. Each company offers different plans that don’t perfectly line up with one another. We offer the full spectrum of mental health services, self-guided texting, voice, live video, multiple subspecialties and. The most affordable Talkspace option is the messaging plan, which. 77 beat Talkspace's score of 0. The Company offers access to a fully credentialed network of providers. com with 8. Check with your UMR insurance provider to see if you can submit a claim for reimbursement towards online therapy or psychiatry. Competitor Name Revenue Number of Employees Employee Growth Total Funding Valuation #1. 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. Type: Company - Public. The total addressable market for behavioral health is large. Other important factors to consider when researching alternatives to BetterUp include ease of use and reliability. 139. Gather a group of people who want to discuss mortality, provide a private space, food, and a trained leader, and start talking. These arguments can be harmful, particularly when used alongside negative stereotypes about other communities. 25%. Or you may receive it for free as a direct benefit from your employer. Earnings. Talkspace’s largest competitor is BetterHelp. com, and more. Talkspace vs. One such website that has become well-known in the online counseling community is Talkspace. Net Revenue grew 23% year-over-year to approximately $26 million, driven by continued strong momentum in B2B. 3,000+ licensed therapists and mental health. Headway. is listed as:. ADHD. Alma. Since then, TALKW shares have increased by 39. increased competition from existing and potential new participants in the healthcare industry;. It is estimated that the two control about 90 percent of the online therapy market in the U. One of its competitors, Lyra Health, recently was valued at $1. In the table, you'll find all the components (individual stock symbols) found in that sector, ranking them by their Weighted Alpha (a rating. Talkspace accepts certain health insurance plans and works with select employers. The decrease was primarily driven by $2. It connects individual users with a network of licensed therapists through a website and mobile platform. Competitive landscape of Talkspace. Talkspace costs between $65 - $95 per week, whereas BetterHelp costs between $60 - $90 per week. S. Share. They even accept insurance, further distinguishing Talkspace's approach. 292. LiveHealth Online works with a wide variety of insurers, including Medicaid, Anthem, Blue Cross and Blue Shield, and Empire Blue Cross. Talkspace’s competitors have higher revenue, but lower earnings than Talkspace. B2B eligible lives increased 75% in. If you have insurance, Talkspace may be a good option for you. $177. Other than BetterHelp, the next platform people preferred was (and is) Talkspace. 00 expecting TALK to rise to within 12 months. Talkspace, a virtual mental health provider with a network of more than 4,000 clinicians, has selected Nikole Benders-Hadi, M. 90%. As a digital healthcare company, all care is. 77 beat Talkspace's score of 0. Who are Talkspace’s Providers? Talkspace providers are licensed. The averaged score is equivalent to the following: Very Negative Sentiment <= -1. As the world evolves, so should our expectations for care. Analyst Recommendations. 5 million lives were covered for Talkspace through insurance and employee assistance programs or other network behavioral. Talkspace vs. 49. 17 million adults in the United States have had at least one major depressive episode in the past year. 59 of its competitors are funded while 18 have exited. We will compare Talkspace to similar companies based on the strength of its profitability, analyst recommendations, valuation, risk, earnings, institutional ownership and dividends. 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 is trading at a lower price-to-earnings ratio. As a group, “Health services” companies have. 39% of employees would recommend working at Talkspace to a friend and 36% have a positive outlook for the business. 4 billion and provide $250 million in capital. Talkspace is an online platform that brings effectiveness, convenience, and efficiency to your online check-up through its excellent offered counseling and assessment. Completed B2B sessions grew 139% in 2021 versus. Talkspace Reports 2021 Full Year and Fourth Quarter Results. variations in performance across competitors, changes in laws. Talkspace (NASDAQ:TALK – Get Free Report) is one of 31 public companies in the “Health services” industry, but how does it contrast to its competitors? We will compare Talkspace to similar companies based on the strength of its analyst recommendations, institutional ownership, earnings, risk, profitability, valuation and. Statistics show that Talkspace Inc has outperformed its competitors in share price, compared to the industry in which it operates. 5, and. Compare Talkspace to Competitors Calm The company provides a digital platform for sleep, meditation, and relaxation, aimed at helping users manage stress, sleep better, and live healthier, happier lives. BetterHelp, Talkspace, and its competitors are using the same playbook to break down the current mental health system. The Competition. 01. 3 million of proceeds from the exercise of stock options, partially offset by a $0. The $69/week plan is for messaging therapy only. Talkspace has a beta of 1. There are four subscription plans and an add-on psychiatry service: Messaging only: $69 per week; includes unlimited messaging with your therapist during the workweek; Therapy only: $99 per week; includes four live sessions. 1. Together they have raised over 1. 6 million in the third quarter, driven by a 79% year-over-year increase in the B2B revenue categories. the company’s future is coming into question as competitors move aggressively to raise funds and gain. During the previous two years, 67 institutional investors and hedge funds held shares of Talkspace. 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. 65. 1. Offers individual and couples care options for relationship obstacles. Analyst. Talkspace - Online Therapy Competitors & AlternativesAdd Company. 50 per week) for therapy) Insurance accepted: no. 0001 per share (“Talkspace, Inc. Here are seven types that might be doing more harm than good: 1. 26: Talkspace’s rivals have higher revenue, but lower earnings than Talkspace. Talkspace Competitors. One of the most effective ways to curb anxiety in the moment is thought-stopping — a strategy that interrupts catastrophic thinking to allow our minds a few moments of clarity to think through the anxiety. Talkspace seems to be considerably more expensive than competitor teletherapy services. In the ever-evolving landscape of mental health support, two pioneering platforms, BetterHelp and Talkspace, have become beacons of expect people looking for individualized and accessible treatment. 52%. More than 100 million people have access to Talkspace for free through their employers or for the cost of a copay. Best for teens: TeenCounseling. DocGo presently has a consensus target price of $13. Overview. In the previous week, Talkspace had 2 more articles in the media than Aclarion. The most heavily invested institutionals were Harbor Spring Capital LLC ($13. Unless context otherwise requires, references in this prospectus to the “Talkspace,” “Company,” “we,” “us” or “our” refer to the business of Groop Internet Platform, Inc. Competitors: Unknown. talkspace. As of present, Talkspace provides one-to-one anonymous therapy; whereas, there are proven benefits to group therapy. Best for younger children: Amwell. The two are in a bit of a fierce competition. Speak to your boss about reducing tasks when necessary. NEW YORK, Aug. Talkspace vs. Insider &. Talkspace promotes behavioral health as a lifestyle, not. BetterHelp is very similar to Talkspace, in the sense that both platforms match individuals with licensed, accredited therapists for counseling and therapy services. 36 million: 14. Alma 's alternatives and competitors. a. New York City-based Talkspace is an online and mobile therapy company that provides its users access to licensed therapists. Talkspace Review + $80 off your first month Whether you're going through an acute crisis or working to manage your mental health in a long term way, therapy is a great tool. 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%. (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. 6 million in the third quarter, driven by a 79% year-over-year increase in the B2B revenue categories. Plus it’s easy to verify right upfront whether or not your insurance will cover your care—before. For the last decade, Talkspace has led the telebehavioral health care field, supporting the mental health journey of millions through therapist-led solutions, including therapy, psychiatry, coaching and self-help exercises. W. Revenue: $25 to $100 million (USD) Health Care Services & Hospitals. Talkspace is one of our top picks for more low cost therapy services due to the several health insurance networks they accept. As a digital healthcare company, all care is delivered through an easy-to-use and fully encrypted web and mobile platform, consistent with HIPAA and other state regulatory requirements. talkspace. e. talkspace . 8 stars out of 5 with 227 reviews. variations in performance across competitors, changes in laws and regulations affecting HEIC’s business and changes in the combined capital structure, (xi) the ability to implement business plans, forecasts, and other expectations after the completion of the proposed. Unlock 7 more competitors → Select to follow all companies RANK COMPANY CEO CEO RATING EMPLOYEES FUNDING REVENUE Jon Cohen CEO 36/100 500 $409M $128. Talkspace Inc (TALK) estimates and forecasts. View the best growth stocks for 2023 here. 31% Downside: 1,086. Talkspace isn’t the only online therapy company in the business. In Q4, Verywell Mind conducted a comprehensive analysis of digital therapy platforms to help readers findOn June 17th, 2021, Hudson Executive Investment Corp. Volatility & Risk. It additionally allows the user more control and ownership of their mental health care by letting them choose the format or mode through which therapy is conducted. Amwell connects you with doctors and clinical psychiatrists, as well as therapists. 139. S. Talkspace stands out among its competitors in providing personalized and affordable talk therapy and psychiatry services. Generally, the majority of TalkSpace therapists earn from $14 to $20 per hour. Analyst groups like William Blair nodded along approvingly at Talkspace’s latest “step in the right direction” as the company, whose main business is providing therapy over text chat and. Talkspace (NASDAQ:TALK – Get Free Report) is one of 33 publicly-traded companies in the “Health services” industry, but how does it contrast to its rivals? We will compare Talkspace to similar companies based on the strength of its earnings, analyst recommendations, dividends, valuation, institutional ownership, risk and profitability. Unlike the monthly cost for other Talkspace services, payment for Talkspace Psychiatry is paid per session. A supervising clinician and/or organization. 00, suggesting a potential downside of 50. Brain Fog. 43 indicating that Aclarion is being referred to more favorably in the media. As a result of the Talkspace SPAC merger, the therapy provider will have $250 million to focus on growing its business. 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. betterhelp has subscribers in 160 different countries around the world and they have counselors. Learn about their Healthcare Software, Software market share, competitors, and Talkspace's email format. What Are Competitors And Alternatives To Talkspace vs Brightside Talkspace Inc is a behavioral healthcare company enabled by a purpose-built technology platform. 5 million settlement between virtual therapy company Talkspace and a class of investors. Best for Substance Use – WorkIt Health. 34M), Migdal Insurance & Financial Holdings Ltd. Talkspace offers the following therapy subscription plans, each with unique features: Messaging therapy: $69 per week; Messaging therapy and one live video session: $99 per week; Video session and messaging therapy plus weekly online workshops: $109 per week; You can choose to be billed by Talkspace on a monthly, quarterly, or biannual. With unlimited messaging therapy, users have access to a licensed, professional therapist with no appointment needed. 70 on Tuesday, then fell to a low of $4. This is likely the. 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. Talkspace has estimated a massive addressable market: $73 billion in the U. They make accessing mental healthcare convenient and earned an overall rating of 4 out of 5 stars in our independent review. Best for Anxiety & Depression Treatment – Brightside Mental Health. In Q4, Verywell Mind conducted a comprehensive analysis of digital therapy platforms to help readers find Item 8. (NASDAQ: TALK), today reported fourth quarter and 2022 full year financial results. S. 8. First, based on strong payer revenue in the third quarter and continued trends in October, we are raising the full year 2023. Amwell. Lantern costs $49 per month and you can cancel at any time. Platforms for online treatment have become quite popular owing to their accessibility and simplicity. , NeuroFlow. Select a few things to accomplish at work each day. Talkspace is a leading virtual behavior healthcare company enabled by a purpose-built technology platform. Dividend: Annual dividend, or portion of a company's profit paid to shareholders. Talkspace went public in June 2021 in a $1. Okay, cool. 00. 5M: N/A: Add Company. 51% of traffic. Talkspace's latest funding round was a Reverse Merger for on June 23, 2021. There are 3 private Unicorns in the entire. Talkspace offers free mental health tests that only take a few minutes to complete. online psychiatric evaluation medication management Keep reading to learn how Talkspace works, how effective the service is, and whether it’s a good fit for you and your lifestyle. This letter agreement (this “Agreement”), including the exhibits attached. Talkspace is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more. Co-founded by Roni and Oren Frank in 2012, Talkspace is the leading digital and virtual behavioral healthcare company. The Promise Breaker. Profitability. Or you may receive it for free as a direct benefit from your employer. DI. You can. The Talkspace network of 4,000+ licensed clinicians includes therapists and psychiatric providers with specialized knowledge of more than 150 conditions and treatment approaches. 54 % 32. Talkspace’s largest competitor is BetterHelp. PDF Version. Insider and. One of the most effective marketing strategies for therapists is listing your practice in reputable online therapist directories. Talkspace, Inc. in 2019, and $273 billion globally on a "fully-treated" basis (i. 47 million-$125. 2. Founded in 2012, Talkspace pioneered message-based therapy, fulfilling an unmet desire of many people to text with. BetterHelp Vs. 65. Unfortunately, there are a TON of barriers to making in-person therapy happen: from the exorbitant cost of therapy in the States (even if you find a therapist with a sliding fee. KGaA - ADR FMS: $19. 5, Negative Sentiment > -1. 0% and is now trading at $0. What Is Talkspace - Online Therapy?Therapy for the Way We Live Today. ”. Users of the Talkspace app have access to licensed therapists and can. At first, Talkspace struck us as a little more flexible here, but the single therapist that BetterHelp matched to us was often a better fit than any of the three matches provided by Talkspace. Talkspace : Best Overall When COVID hit, online therapy saw a rise in numbers. EBITDA of negative $20. If you’re working with a very tight budget, 7 Cups. Thesis offers personalized nootropic blends that improve cognition, mood, focus, and overall mental health. Being pessimistic means that you tend to see the worst parts of things or think the worst will happen. Best for chat support: Teen Counseling | Skip to Review. The future. Co-founded by Roni and Oren Frank in 2012, Talkspace is the leading digital and virtual behavioral healthcare company. com, choosingtherapy. Revenue: $25 to $100 million (USD) Health Care Services & Hospitals. Given DocGo’s higher probable upside, equities analysts plainly believe DocGo is more favorable than. Talkspace has raised $109M over 10 rounds. Read the latest reviews and find the best Telemedicine Software software for your business. 90%. Compare Acacia Counseling and Wellness versus Talkspace for CEO Rating, Overall Culture Score, and more on Comparably. NEW YORK, May 18, 2021 (GLOBE NEWSWIRE) -- Talkspace, a leading behavioral healthcare company enabled by a purpose-built technology platform, today provided business and financial updates for the. Make sure you get enough sleep at night so that you are energized. (d. com Top Traffic Sources. The most underutilized channel is Display. Revenue grew 49% in 2021 to $114 million, driven by continued strong B2B performance. At its core, the app provides talk therapy services. 89M), NVP Associates LLC ($8. Betterhelp vs Regain vs Talkspace. Talkspace is trading at. Sign up for a free demo to see Talkspace's valuations in June 2021 and more. Talkspace's revenue is the ranked 8th among it's top 10 competitors. b. The funding brings Talkspace’s total raised to $106. Talkspace’s COO Mark Hirschhorn is resigning after an internal review of his conduct. Talkspace is trading at a lower price-to-earnings ratio than. See insights on Talkspace including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. 5B 3 About Talkspace Stock (NASDAQ:TALK) Talkspace, Inc. Talkspace currently has a consensus price target of $1. . You can book sessions directly with your psychiatrist. 2. Founders of both online therapy sites sought to make counseling cheaper, easier to access, and more private by offering it online. Talkspace makes this high-quality mental health care affordable by partnering with insurance plans and employers. Video Plus Messaging Therapy $396 per month. At the time. Talkspace Overview. Calm. NEW YORK, May 03, 2022 (GLOBE NEWSWIRE) -- Talkspace, Inc. TRY AMWELL. 93 on Monday, opened at $5. Talkspace is an online therapy platform that is expanding access to mental healthcare by enabling licensed therapists to expand their reach with a HIPAA-compliant and easy-to-use app. talkspace. Headway. See full list on verywellmind. [2] Talkspace users have access to licensed therapists through the website or mobile app on iOS and Android. Sharecare's average media sentiment score of 0. Here are our rates for live sessions: 30 minute session: $34. HEIC has scheduled a special meeting of stockholders (the "Special Meeting") for June 17, 2021 at 8:30 a. Competitors; Org Chart; TalkSpace. Text, video and audio messaging. As a group, “Health services” companies have. S. Let me highlight a few points from our update to our outlook for 2023. 1 Location. Select a few things to accomplish at work each day. [3] [4] Talkspace has been criticized for making questionable claims about its. TalkSpace's most prominent competitor is BetterHelp, an American company owned by Teladoc and founded by Israeli Alon Matas. 5, Positive Sentiment >= 0. Shoppers saved an average of $38. BetterHelp only offers one subscription plan (unlike many of its competitors like Talkspace and Brightside) which costs $60-$90 per week, though you’re billed monthly. 2. 3M. I’ve long been intrigued by Talkspace.