These arguments can be harmful, particularly when used alongside negative stereotypes about other communities. Talkspace currently has a consensus price target of $1. Alma. The Promise Breaker. TalkSpace offers psychiatry services (at a premium) on top of the talk-therapy solutions they provide. . Best for teens: TeenCounseling. Competitor Name Revenue Number of Employees Employee Growth Total Funding Valuation #1. com. ReGain. Talkspace ranks 1st in Overall Culture Score on Comparably vs its competitors. Reaffirm FY 2021 Net revenue guidance, expecting 64% year-over-year growth. 00 indicating that Talkspace is being referred to more favorably in the news media. Talkspace vs. Who are. Talkspace went public in June 2021 in a $1. 77, for a market cap of $880 million. One reason many people choose. operates as a virtual behavioral healthcare company. Users can regularly message their dedicated Talkspace therapists via text, voice, or video as life happens. If I had purchased shares in. Cost ranges from $60 to $90 weekly. if Talkiatry services aren’t accessible for you yet, we recommend reading our Talkspace review or Brightside review. Contact Thomas Germain at [email protected] Companies. 5 and < 0. $177. 60 minute session: $67. 36 million: 14. This means that how much you pay per week depends on the level of support you require — the more support or access to your therapist, the more expensive. Given Talkspace. Show More Health Companies. With unlimited messaging therapy, users have access to a licensed, professional therapist with no appointment needed. Competitors: AbleTo Inc. 09, 2021 (GLOBE NEWSWIRE) -- Talkspace, Inc. Copy link. A quick look at the best online teen therapy and support services of 2023. Also shows the annual dividend yield percent (latest dividend rate divided by the closing price on that latest dividend date. 54 billion-$99. Knowing how to name your therapy practice isn’t difficult. Price: $59. Talkspace Services + Pricing. SAN DIEGO, March 3, 2022 /PRNewswire/ -- Robbins Geller Rudman & Dowd LLP announces that: (1) holders of Talkspace, Inc. 25%. Competitors; Org Chart; TalkSpace. While Talkspace accepts major insurance plans as well as HSA/FSA, it doesn’t accept Medicare or Medicaid. Earnings. See insights on Talkspace including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. Anxiety. Most allow users to filter results to search for providers quickly and easily by location, specialty. Talkspace currently has a consensus target price of $1. Talkspace (OTCMKTS:TALK – Get Rating) is one of 33 public companies in the “Health services” industry, but how does it compare to its peers? We will compare Talkspace to similar companies based on the strength of its earnings, analyst recommendations, profitability, valuation, dividends, risk and institutional ownership. Directories offer an easy way for people to find mental health help. W. Talkspace Competitors: $1. Talkspace : Best Overall When COVID hit, online therapy saw a rise in numbers. Talkspace Reports Third Quarter 2021 Financial Results. Third-quarter payer revenue was $22. Talkspace (NASDAQ:TALK – Get Free Report) is one of 32 public 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, institutional ownership, dividends, profitability, valuation, analyst recommendations and risk. 60, suggesting a potential upside of 136. 2 billion valuation, according to an industry report from CB. The pricing is slightly lower than that of competitors: A 45-minute. 201 to 500 Employees. PDF Version. Itu2019s crucial to keep in. 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. 13 Best Online Therapy Services of 2023. Talkspace’s competitors have higher revenue, but lower earnings than Talkspace. MarketBeat recorded 1 mentions for Talkspace and 0 mentions for Sharecare. Offers individual and couples care options for relationship obstacles. Earnings. NEW YORK, May 03, 2022 (GLOBE NEWSWIRE) -- Talkspace, Inc. They have published over 16 efficacy studies in peer-reviewed journals and have partnered with 25+ research partners, including NYU and Columbia University experts, to validate. (d/b/a “Talkspace”), which became the business of. 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. Talkspace requires a full 24 hours' notice from clients who want to cancel or reschedule a session. Last spring’s $15 million Series B funding round brought the company’s total funding up to $28 million. Learn more about insurance coverage for therapy. List Your Practice in Online Directories. At its core, the app provides talk therapy services. Well, I come from a long line of pessimists and can tell you. Alma 's alternatives and competitors. Talkspace is an online platform that brings effectiveness, convenience, and efficiency to your online check-up through its excellent offered counseling and assessment. Like Talkspace, BetterHelp allows clients to communicate during live sessions and through text messaging. Scattered Counting. Talkspace competitor BetterHelp claims to have 1,000,000 sign-ups in total. the market. 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. Tap into the world's largest network of licensed, accredited, and experienced therapists who can help you with a range of issues including depression, anxiety, relationships, trauma, grief, and more. 76 in mid-morning. Alma. About Sondermind Funding, Valuation & Revenue. The most underutilized channel is Display. Talkspace versus Brightside Freezing and Cancellations. Before we dive too deep into the details, you may be wondering. Here are our rates for live sessions: 30 minute session: $34. On November 15, 2021, Talkspace reported 3Q21 Adj. They even accept insurance, further distinguishing Talkspace's approach. 7. One of the most effective marketing strategies for therapists is listing your practice in reputable online therapist directories. Jon Cohen. One of the top competitors of BetterHelp, Talkspace offers flexible plans that suit you. . Study Counselling Online Australia… sometimes she was you understand react to what i said or like i do not understand it simply didn’t look like she was extremely present um so i got a new therapist through the better health platform therefore when you are signing up for a therapist you have to submit like this survey and they designate you. Marriage counseling helps you identify the exact root of your problems and come up with effective strategies to overcome them. The option of anonymously joining a group could give users — who exhibit the characteristic of discomfort approaching a mental health. 28 million: 12. Talkspace has a beta of 1. 1. Insider and. Below are our top picks in the online psychiatry space for 2023. Best for choosing your child’s therapist: Doctor on Demand. 65. 01, suggesting that its share price is 1% more volatile than the S&P 500. 8 million and gross profit of a positive $14. 4 billion startup Talkspace talk going public and why the 'second pandemic' will be a mental health crisis. In 2016 and again in 2020, allegations arose that the company reads users “private” chats with therapists, and pulls quotes from them to use for marketing. Talkspace is the latest healthcare company to go public via a SPAC IPO, or a reverse merger with a blank-check holding company. We have compiled a list of solutions that reviewers voted as the best overall alternatives and competitors to BetterUp, including Growthspace, Torch, Lattice, and Culture Amp. 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. BetterHelp is less expensive than Talkspace, but only by a small amount. Talkspace Competitors. Talkspace Couples Therapy Vs ReGain. 51% of traffic. See how Headway compares to similar products. Lyra, Modern Health, and Ginger all provide fantastic benefits as B2B mental healthcare platforms. As the world evolves, so should our expectations for care. (3) The number of shares of common stock, par value $0. 1. Talkspace was founded in 2012 and is based out of New York City, an online and mobile therapy Talkspace users have access to licensed therapists through the website or mobile app on iOS and Android. 31% Downside: 1,086. 3 million of proceeds from the exercise of stock options, partially offset by a $0. Ease Of Use: Online. Given Talkspace. Talkspace Competitors: $1. 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. 5 million settlement between virtual therapy company Talkspace and a class of investors. Talkspace costs between $65 - $95 per week, whereas BetterHelp costs between $60 - $90 per week. Messaging Therapy $276 per month. It is estimated that the two control about 90 percent of the online therapy market in the U. “We embarked on a mission to eliminate the 3 most prominent barriers to mental health services: access. Some of the best online therapy services that offer great counseling, and are alternatives to Talkspace, include: Online-Therapy. 2. It specializes in. Talkspace's top competitors include Amwell, Teladoc Health and MDLIVE. EBITDA of negative $20. Headway 's top competitors include Wysa, Grow Therapy, and Alma. You will find a dialogue box on your screen where you will need to. 6 million payment of accrued liabilities related to the Business Combination during the six months ended June 30, 2022 compared to $251. Best for Flexibility: Thriveworks. . 71%) were down by more than 18% on Tuesday. 26: Talkspace’s rivals have higher revenue, but lower earnings than Talkspace. Talkspace’s largest competitor is BetterHelp. Talkspace. Profitability. Talkspace is a website and a smartphone app that offers online therapy to its users. Talkspace's mental health tests will give you a better understanding of your symptoms, and cover a variety of different mental health conditions. About SondermindFunding, Valuation & Revenue. Talkspace. Talkspace (OTCMKTS:TALK – Get Rating) is one of 33 public companies in the “Health services” industry, but how does it compare to its peers? We will compare Talkspace to similar companies based on the strength of its earnings, analyst recommendations, profitability, valuation, dividends, risk and institutional ownership. Its subscription-based service package includes remote medical care, individualized health coaching and prescription medication, along with a content curriculum designed to guide clients into and through a weight loss journey. com, verywellmind. 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. Sign up for a free demo to see Talkspace's valuations in June 2021 and more. BetterHelp, Talkspace, and its competitors are using the same playbook to break down the current mental health system. This means that how much you pay per week depends on the level of support you require — the more support or access to your therapist, the more expensive. To participate in the Talkspace network, all associate therapists are required to possess the following: An active, associate clinical license (e. 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. Talkspace's latest post-money valuation is from June 2021. b. You’ll pay between $59-$99 per hour, depending on what service is. I think the food cost all of $11. Sessions can cost significantly less than traditional talk. Volatility. S. 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. *Copays represented are averages. Overview. 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”). Thesis offers personalized nootropic blends that improve cognition, mood, focus, and overall mental health. Prioritize tasks in order of importance. Headway. Talkspace has 2 employees across 2 locations and $119. Talkspace has estimated a massive addressable market: $73 billion in the U. If true, the accusation raises serious ethical questions about the tech. Dialogue (TSE: CARE) offers a virtual healthcare platform. Talkspace vs. TalkSpace is a professional environment that accommodates up to 18 people. TalkSpace's most prominent competitor is BetterHelp, an American company owned by Teladoc and founded by Israeli Alon Matas. In 2020, an initial session cost $249, and follow-up sessions cost $125 each. 01. This is where these two competitors differ the most, and is also an area which obviously matters a lot. One 2017. Study with Quizlet and memorize flashcards containing terms like The focus-differentiation strategy emphasizes low overall costs while serving a narrow segment of the market. 5B 3 About Talkspace Stock (NASDAQ:TALK) Talkspace, Inc. Talkspace is a. 00 expecting TALK to rise to within 12 months. Get the latest business insights from Dun & Bradstreet. Compare Acacia Counseling and Wellness versus Talkspace for CEO Rating, Overall Culture Score, and more on Comparably. It uniquely integrates psychiatry and therapy in online care, a rarity among competitors. Talkspace’s COO Mark Hirschhorn is resigning after an internal review of his conduct. 54 % Returns 1-YEAR: Investor, Operator & CEO Coach at Endeavor. This letter agreement (this “Agreement”), including the exhibits attached. Talkspace's policy of invalid anonymity impedes aforementioned ability away therapists to report dangerous situations. 5, Positive Sentiment >= 0. S. You just need a few tips and guidelines. The $69/week plan is for messaging therapy only. As a group, “Health services” companies have. All financial results refer to 2022 first quarter and the prior-year period unless otherwise stated. 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. 6 out of 5. “When I asked for a refund, after receiving not one therapy session, they actually charged me for the. Yes, Talkspace accepts insurance for mental health care and therapy services. View the best growth stocks for 2023 here. 2 billion valuation, according to an industry report from CB. com with 8. 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. increased competition from existing and potential new participants in the healthcare industry;. Achieve your potential with Talkspace online therapy. Talkspace solves this problem with a scalable, accessible and affordable model. Or you may receive it for free as a direct benefit from your employer. Talkspace's latest funding round was a Reverse Merger for on June 23, 2021. 5B between their estimated 21. And like our competitors, Talkspace is a pure-play mental health company. The top 10 competitors in Talkspace's competitive set are Amwell, Teladoc Health, MDLIVE, BetterHelp, Lyra Health, Headspace, Included Health, ComPsych, Quartet and LifeWorks. Talkspace: Comparing The Leading Online Therapy Platforms. Here are seven ways to do it: 1. Talkspace - Online Therapy Competitors & AlternativesAdd Company. Also included is a comprehensive competitive analysis of the major competitors in the market, including their company profiles, critical insights about their product and business offerings, recent. 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. With a thoughtful combination of resources and a thorough vetting process. 4 million versus Adj. (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. Talkspace currently has a consensus price target of $1. 4 billion deal, and teletherapy provider Cerebral recently joined the unicorn club with a $1. 00 indicating that Talkspace is being referred to more favorably in the news media. Lantern. Investors of Talkspace include Federated Hermes, Deerfield Management, Hudson Executive Capital, Woodline Partners, Jennison Associates and 12 more. Founders of both online therapy sites sought to make counseling cheaper, easier to access, and more private by offering it online. 3,000+ licensed therapists and mental health. Volatility & Risk. (Talkspace accepts insurance as well, while BetterHelp does not. Speak to your boss about reducing tasks when necessary. Consensus Rating: N/A: Moderate Buy: Hold: Predicted Upside-36. Learn more about insurance coverage for therapy. 201 to 500 Employees. There’s no sliding scale. [3] [4] Talkspace has been criticized for making questionable claims about its. 08, 2022 (GLOBE NEWSWIRE) -- Talkspace, Inc. As a digital healthcare company, all care is delivered through an easy-to-use and. Talkspace (NASDAQ:TALK – Get Free Report) is one of 33 publicly-traded 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 earnings, risk, institutional ownership, profitability, valuation, analyst recommendations. Lantern is a web platform designed based on cognitive-behavioral therapy. 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. The Talkspace network of 4,000+ licensed clinicians includes therapists and psychiatric providers with specialized knowledge of more than 150 conditions and treatment approaches. LiveHealth Online is also HSA/FSA-eligible. As part of the promotion, Talkspace offers a discount of $100 on the first month of Talkspace services to Oura. Best Overall – Talkspace. 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. Importantly, Talkspace has already been growing its business. Talkspace is just one company in the growing telebehavioral health space. Its Competitors . 339. A pessimistic person is one who is often seen as lacking hope and joy and is marked by disbelief or distrust. is a behavioral healthcare company, which offers access to a fully credentialed network of licensed therapists, psychologists and psychiatrists. Talkspace offers free mental health tests that only take a few minutes to complete. The future. The company was founded in 2012 and is based in New York, New York. 2 million (54% margin) on revenue of $26. 5 and <= -0. Canceling at Teladoc is also less complicated. This rating has decreased by -1% over the last 12 months. We counted more than 400 therapists on this platform, nationwide, and we found the video system to be the most pleasant to use. ADHD. Available in the United States: yes. We offer the full spectrum of mental health services, self-guided texting, voice, live video, multiple subspecialties and. 43 indicating that Aclarion is being referred to more favorably in the media. Talkspace Versus the Competition Talkspace offers convenient, accessible, and responsive mental healthcare through messaging and live therapy sessions. This includes text, video, and audio messaging throughout the week. 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 (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. By 2019, BetterHelp made $100 million in revenue, with an annual growth of 50 percent. 90. The model minority myth has been used to argue against racial equity movements. com Top Organic Keywords. Best for younger children: Amwell. NEW YORK, New York - February 21, 2023. 2M: 885: 26%: $90. This means the cost of services. Active members grew 21% year-over-year to approximately. Headway 's top competitors include Wysa, Grow Therapy, and Alma. Inside Talkspace, Inc. Talkspace's strong 4Q results and guidance suggest a potential major turnaround story among the universe of de-SPAC disasters. In contrast to the mostly favorable ratings of both Calm and Headspace in the app stores, both apps are rated “poor” on Trustpilot. 's alternatives and competitors. Shoppers saved an average of $38. Best for Anxiety & Depression Treatment – Brightside Mental Health. The online mental health services that Talkspace provides include individual therapy, couples therapy, therapy for teens, and psychiatric services with medication management. Talkspace is an online therapy service that connects individuals to a dedicated, licensed mental health therapist through private messaging, live sessions, or both from the privacy and convenience of their computer or smartphone. m. Best for Medication. KGaA - ADR FMS: $19. 50, suggesting that. 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. Revenue grew 49% in 2021 to $114 million, driven by continued strong B2B performance. 87 beat Aclarion's score of 0. However, according to the online feedback form therapists, they rarely earn more than $26,000 a year, which is 49% below the average salary in the U. 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. Select a few things to accomplish at work each day. Co-founded in 2012 by married couple Roni and Oren Frank, Talkspace has become one of the world’s largest and most popular online therapy platforms. MarketBeat recorded 3 mentions for Talkspace and 1 mentions for Aclarion. 1B between their estimated 4. You can. Find the perfect alternative to meet your mental health needs. We can do more things that ever before virtually due to faster and more secure connections. Take breaks several times per day. Roni and Oren Frank established Talkspace around a decade. Depression. Save BIG w/ (34) Talkspace verified discount codes & storewide coupon codes. Its Competitors . 1. 5 million lives were covered for Talkspace through insurance and employee assistance programs or other network behavioral. Lantern costs $49 per month and you can cancel at any time. Also, Read BetterHelp Vs. Talkspace caters to couples in different relationship phases, from premarital to long-term and married couples. Founded in 2011. BetterHelp, Talkspace and Cerebral. Let me highlight a few points from our update to our outlook for 2023. 9M 2 Jason Gorevic CEO 76/100 5,100 $254. Talkspace is partnered with some health plans, as well as with some companies' employee assistance plans (EAP),. Alma 's top competitors include Headway, Equip Health, and Talkiatry. 5, Negative Sentiment > -1. Inside Talkspace, Inc. I think the food cost all of $11. Talkspace Inc 's competitive profile, comparisons of quarterly results to its competitors, by sales, income, profitability, market share by products and services - CSIMarket Company Name, Ticker, Competitors, else. Together they have raised over 1. We counted more than 400 therapists on this platform, nationwide, and we found the video system to be the most pleasant to use. Talkspace Info & Features. It connects individual users with a network of licensed therapists through a website and mobile platform. (Nasdaq: TALK), a leading virtual behavioral healthcare company, today reported 2022 third quarter and nine months results as summarized. At its core, the app provides talk therapy services. Most allow users to filter results to search for providers quickly and easily by location, specialty. ”. 6M View Profile 1 Ido Schoenberg Co-CEO 68/100 1,040 $1. Spring Health 's alternatives and competitors. Talkspace ( TALK) provides telehealth services for behavioral health, so its psychotherapists and psychiatrists can help patients who would otherwise be far beyond the geographical. 57 m in annual revenue in FY 2022. com, betterhelp. In Q4, Verywell Mind conducted a comprehensive analysis of digital therapy platforms to help readers find Item 8. 2 million (54% margin) on revenue of $26. Directories offer an easy way for people to find mental health help. Competition will remain stiff. 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. Text, video and audio messaging. Check with your UMR insurance provider to see if you can submit a claim for reimbursement towards online therapy or psychiatry. 90%. Best for Substance Use – WorkIt Health. Compare Talkspace to Competitors. Talkspace has set out to topple those roadblocks, offering psychotherapy, psychiatry and prescription services via an app that boasts a growing network of 3,000. Talkspace's average media sentiment score of 1. See how Alma compares to similar products. Unlike our competitors, Talkspace is a pure-play mental health company. ) Master’s degree in social work, counseling, or other behavioral science. But this type of friend constantly breaks promises while still expecting everything from you in return. Talkspace isn’t the only online therapy company in the business. Talkspace closed its last funding round on Jun 23, 2021 from a Post-IPO Equity round. Talkspace’s Profile, Revenue and Employees. All of that said, know that their network of mental health professionals is much smaller than that of the bigger competitors ("over 350," versus the thousands that Talkspace and BetterHelp promise). 00. 7 Cups. 00. Book an initial appointment and receive a treatment plan within 7 days. Alma 's alternatives and competitors.