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. Dear Jon, Talkspace, Inc. Talkspace’s COO Mark Hirschhorn is resigning after an internal review of his conduct. Directories offer an easy way for people to find mental health help. Read the latest reviews and find the best Telemedicine Software software for your business. 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. One of the biggest competitors of Talkspace is Betterhelp. 90. 5, Negative Sentiment > -1. Lantern. 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. 77 beat Talkspace's score of 0. Talkspace is just one company in the growing telebehavioral health space. The Talkspace network of 4,000+ licensed clinicians includes therapists and psychiatric providers with specialized knowledge of more than 150 conditions and treatment approaches. 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. 59 of its competitors are funded while 18 have exited. 8%. New York City-based Talkspace is an online and mobile therapy company that provides its users access to licensed therapists. 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. (Nasdaq: TALK), a leading virtual behavioral healthcare company, today reported 2022 second quarter and first half results as summarized below. com is Direct traffic, driving 43. Competitors for Talkspace Inc (TALK): view how companies in the same sector perform against each other. Talkspace (OTCMKTS:TALK – Get Rating) 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 related companies based on the strength of its institutional ownership, earnings, dividends, risk, valuation, profitability and analyst. 2 million (54% margin) on revenue of $26. com. Compare Talkspace to Competitors. 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. The future. We offer the full spectrum of mental health services, self-guided texting, voice, live video, multiple subspecialties and. The company also accepts insurance, which is a notable perk (especially since many of its competitors, such as BetterHelp, do not accept insurance). Its Competitors . Co-founded by Roni and Oren Frank in 2012, Talkspace is the leading digital and virtual behavioral healthcare company. 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. 77 beat Talkspace's score of 0. Most broken promises are not intentional, motivated by meanness, or routinely repeated. 292. A pessimistic person is one who is often seen as lacking hope and joy and is marked by disbelief or distrust. 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. See how Alma compares to similar products. Completed B2B sessions grew 139% in 2021 versus. Talkspace plans range from $69/week to $129/week, depending on your needs. Best for Couples: ReGain. Two of the most popular online therapy platforms at the time are Talkspace and Betterhelp. (NASDAQ:NASDAQ:TALK) Q3 2021 Earnings Conference Call November 15, 2021 5:00 PM ETCompany ParticipantsDoug Braunstein – Chairman and Interim. Below are our top picks in the online psychiatry space for 2023. 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. 75 w/ Talkspace discount codes, 25% off vouchers, free shipping deals. W. 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. Even though their psychiatric care is more limited, the level of talk therapy is much higher, and Talkspace in particular is much more affordable. The Company offers access to a fully credentialed network of providers. 85% of desktop visits last month, and Organic Search is the 2nd with 42. Best With Insurance – Talkiatry. 5, Positive Sentiment >= 0. Eastern Time to approve the proposed business combination and to elect the nominated directors to the board of directors. Gather a group of people who want to discuss mortality, provide a private space, food, and a trained leader, and start talking. 00, suggesting a potential downside of 47. 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”). ADHD. And like our competitors, Talkspace is a pure-play mental health company. If true, the accusation raises serious ethical questions about the tech. Headway 's alternatives and competitors. Olga Molina, D. Talkspace competitor BetterHelp claims to have 1,000,000 sign-ups in total. 5 million settlement between virtual therapy company Talkspace and a class of investors. Competitors: Unknown. 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. variations in performance across competitors, changes in laws. The importance of mental health has grown among many people and couples in todayu2019s fast-paced society. Talkspace now clearly is sub-scale, and is significantly behind BetterHelp. Best Overall – Talkspace. Here is a summary of Talkspace’s main competitors. 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. Best Overall – Talkspace. 4K employees. 54 billion-$99. A quick look at the best online teen therapy and support services of 2023. 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. 10. Check with your UMR insurance provider to see if you can submit a claim for reimbursement towards online therapy or psychiatry. One such website that has become well-known in the online counseling community is Talkspace. Brightside, on the other hand, places an emphasis not only on treatment but also on drug management. g. 4 billion and provide $250 million in capital. Competitors: AbleTo Inc. 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. 9M 2 Jason Gorevic CEO 76/100 5,100 $254. 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. Talkspace's top competitors include Amwell, Teladoc Health and MDLIVE. 201 to 500 Employees. a. Organic Research is designed to help you discover competitors' best keywords. , LCSW. The analyst firm set a price target for 5. Talkspace, (iv) the outcome of any legal proceedings that may be instituted against Talkspace related to the merger agreement or the completed. Its Competitors . com. The Company offers access to a fully credentialed network of providers. 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. Find and reach Talkspace's employees by. operates as a virtual behavioral healthcare company. This means the cost of services. Detailed comparison between 2 of the leading online therapy sites, Betterhelp and Talkspace. Law360 (November 1, 2023, 7:22 PM EDT) -- A New York federal judge on Tuesday gave final approval to an $8. I think the food cost all of $11. 90%. Share. 2. Talkspace is a reliable choice in my opinion because it provides clients with access to a wide variety of therapeutic approaches, as well as a longer history in the field of online counseling, than its competitors do. 70 on Tuesday, then fell to a low of $4. 292. common stock”), of Talkspace, Inc. (the “Company”) has previously disclosed, in the Annual Report on Form 10-K for the fiscal year ended December 31, 2022 (the “Form 10-K”) and in the Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2023 (the “Form 10-Q”), two shareholders of the Company filed derivative lawsuits asserting claims for violations of. Earnings: The amount and date of latest Earnings Per Share (EPS) paid out to shareholders. 0. Founded within a year of each other, their offerings overlap considerably. 26: Talkspace’s rivals have higher revenue, but lower earnings than Talkspace. Jon Cohen. Dialogue (TSE: CARE) offers a virtual healthcare platform. Talkspace is a leading virtual behavioral health company that offers convenient and affordable access to a fully-credentialed network of highly qualified providers. Competitors range from fellow startups like Ginger. Talkspace Inc (TALK) estimates and forecasts. If you’re working with a very tight budget, 7 Cups. Type: Company - Public. Talkspace currently has a consensus target price of $1. Talkspace Competitors and Alternatives 2023 (NASDAQ:TALKW) Research Tools All Access Tools My MarketBeat My Portfolio My Performance My. Unlike the monthly cost for other Talkspace services, payment for Talkspace Psychiatry is paid per session. 3. MarketBeat recorded 1 mentions for Talkspace and 0 mentions for Sharecare. Before we dive too deep into the details, you may be wondering. Whereby. 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. A board certified nurse practitioner will receive the report. Best for Anxiety and Depression: Brightside. This is likely the. 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. Best for teens: TeenCounseling. View the best growth stocks for 2023 here. Specifically, in Q3 2023's revenue was $38. BetterHelp Vs. com, verywellmind. Evernote. There's one more big concern here: competition. m. Talkspace is not meant to be used by children, though with parental consent, Talkspace does provide counseling to teens ages 13 to 17 years. See full list on verywellmind. DocGo presently has a consensus target price of $13. Alma 's alternatives and competitors. Founded in 2011. Being pessimistic means that you tend to see the worst parts of things or think the worst will happen. , where 75% of mental health providers are cash-only businesses that don’t accept insurance,. Most broken promises are not intentional, motivated by meanness, or routinely repeated. 1. 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. Olga Molina, D. We will compare Talkspace to similar companies based on the strength of its profitability, analyst recommendations, valuation, risk, earnings, institutional ownership and dividends. In-person or virtual counseling sessions at no additional cost per issue, per year, with a participating mental health provider. SAN DIEGO, March 3, 2022 /PRNewswire/ -- Robbins Geller Rudman & Dowd LLP announces that: (1) holders of Talkspace, Inc. The first step in choosing your practice name is getting ideas and inspiration. 93 on Monday, opened at $5. LiveHealth Online works with a wide variety of insurers, including Medicaid, Anthem, Blue Cross and Blue Shield, and Empire Blue Cross. They. All three platforms, BetterHelp, Talkspace and Cerebral adhere by HIPAA laws and the conversations with clients over text messaging are SSL encoded as well as 256-bit encrypted along banking standards. Tips and tools to find the right SEO keywords for therapists: Google Keyword Planner: This free tool from Google helps you discover popular keywords related to mental health and therapy. Let me highlight a few points from our update to our outlook for 2023. 3M; in Q3 2022, Talkspace's revenue was $29. ) Earnings estimates and surprises for. (Nasdaq: TALK), a leading virtual behavioral healthcare company, today reported 2022 first quarter results as summarized below. 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. Talkspace’s competitors have higher revenue, but lower earnings than Talkspace. The online mental health services that Talkspace provides include individual therapy, couples therapy, therapy for teens, and psychiatric services with medication management. 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. In 2020, an initial session cost $249, and follow-up sessions cost $125 each. Talkspace, (iv) the outcome of any legal proceedings that may be instituted against Talkspace related to the merger agreement or the completed. Or you may receive it for free as a direct benefit from your employer. 60, suggesting a potential upside of 136. Self-care options like apps and other digital tools. Amwell. Talkspace vs. 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. (d/b/a “Talkspace”), a Delaware corporation. As a result of the Talkspace SPAC merger, the therapy provider will have $250 million to focus on growing its business. MarketBeat recorded 1 mentions for Talkspace and 0 mentions for Sharecare. They make accessing mental healthcare convenient and earned an overall rating of 4 out of 5 stars in our independent review. By 2019, BetterHelp made $100 million in revenue, with an annual growth of 50 percent. Talkspace’s largest competitor is BetterHelp. 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. 2. Talkspace revenue increased 32% year over year to $38. S. 7 Cups. Select a few things to accomplish at work each day. Most allow users to filter results to search for providers quickly and easily by location, specialty. Talkspace seems to be considerably more expensive than competitor teletherapy services. However, Talkspace takes things a step further than many of its competitors, by providing psychiatry and couple’s therapy, too. Talkspace's average media sentiment score of 1. But this type of friend constantly breaks promises while still expecting everything from you in return. Analyst. Lantern is a web platform designed based on cognitive-behavioral therapy. 8 stars out of 5 with 227 reviews. 08, 2022 (GLOBE NEWSWIRE) -- Talkspace, Inc. Founded within a year of each other, their offerings overlap considerably. Get the latest business insights from Dun & Bradstreet. Talkspace promotes behavioral health as a lifestyle, not. Talkspace is a leading virtual behavioral healthcare company enabled by a purpose-built technology platform. Headway. Talkspace is in-network with many major insurance plans, and most covered members pay only a copay of $30 or less. Talkspace. More than 70 million Americans suffer from mental illness, spread across all ethnic, socio-economic and age ranges. 36 million: 14. 36: Talkspace’s peers have higher revenue, but lower earnings than Talkspace. Anxiety. Talkspace is your online therapy service provider that brings you the easiest way to communicate with a licensed professional therapist for your mental health query. 4 billion startup Talkspace talk going public and why the 'second pandemic' will be a mental health crisis. B2B eligible lives and completed B2B sessions grew 92% and 96%, respectively, versus the prior-year period. Type: Company - Public. 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. This is a breakdown of current ratings and target prices for DocGo and Talkspace, as provided by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1. In 2020, an initial session cost $249, and follow-up sessions cost $125 each. Collaborate from anywhere! Easy video meetings with no login. Talkspace is an online and mobile therapy company based in New York City. Detailed comparison between 2 of the leading online therapy sites, Betterhelp and Talkspace. InnerHour (Now Amaha Health) A psychological health platform, InnerHour is another alternative to Talkspace on our list. In Q4, Verywell Mind conducted a comprehensive analysis of digital therapy platforms to help readers findOn June 17th, 2021, Hudson Executive Investment Corp. Other than BetterHelp, the next platform people preferred was (and is). 8 million and gross profit of a positive $14. 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. We counted more than 400 therapists on this platform, nationwide, and we found the video system to be the most pleasant to use. 's alternatives and competitors. In the previous week, Talkspace had 1 more articles in the media than Sharecare. Best for chat support: Teen Counseling | Skip to Review. Best for Medication. Promo expires 11/30/2023. Video Plus Messaging Therapy $396 per month. At Innerbody Research, we extensively test each health service we review, including BetterHelp and Talkspace. 1. Answer a few questions to help the BetterUp community. The deal would value Talkspace at $1. Talkspace will also benefit from the strategic contributions of Hudson Executive Capital's deep bench of healthcare CEO partners. By 2019, BetterHelp made $100 million in revenue, with an annual growth of 50 percent. Revenue: $25 to $100 million (USD) Health Care Services & Hospitals. Talkspace versus Brightside Freezing and Cancellations. 4 billion deal, and teletherapy provider Cerebral recently joined the unicorn club with a $1. 90%. But this type of friend constantly breaks promises while still expecting everything from you in return. Talkspace's latest funding round was a Reverse Merger for on June 23, 2021. “When I asked for a refund, after receiving not one therapy session, they actually charged me for the. Third-quarter payer revenue was $22. Investors of Talkspace include Federated Hermes, Deerfield Management, Hudson Executive Capital, Woodline Partners, Jennison Associates and 12 more. Talkspace makes this high-quality mental health care affordable by partnering with insurance plans and employers. 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. The monthly meetings are free and open to the public with a suggested donation. EBITDA of. – Talkspace therapist Dr. BetterHelp is very similar to Talkspace, in the sense that both platforms match individuals with licensed, accredited therapists for counseling and therapy services. 5, and. 339. 3 million of proceeds from the exercise of stock options, partially offset by a $0. 4. Formats: chat. The top 10 competitors in Headway's competitive set are Talkspace, Joon Care, BetterHelp, Grow Therapy, Mental Health Match, Zocdoc, Path , Therapy Route, LiveHealth Online and SonderMind. Since then, TALKW shares have increased by 39. BetterHelp Vs. 97M), Jennison Associates LLC ($8. 's alternatives and competitors. Another famous one is BetterHelp. 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. 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 valuation, institutional ownership, analyst recommendations, earnings, dividends, risk and. talkspace . One of the most effective marketing strategies for therapists is listing your practice in reputable online therapist directories. Amwell connects you with doctors and clinical psychiatrists, as well as therapists. It provides integrated healthcare services such as non-urgent physical care, mental. This platform empowers you to live a happier and healthier lifestyle by offering support for issues such as depression, stress, anxiety, sleep, relationships, and much more. Who are the therapists on BetterHelp? Dr Neil Leibowitz Betterhelp. Its Competitors . You can book sessions directly with your psychiatrist. S. After surviving a disturbing and distressing event, it’s common (and normal) to have intense emotional and/or physical reactions. 54 % Returns 1-YEAR: Investor, Operator & CEO Coach at Endeavor. NEW YORK, New York - February 21, 2023. Show More Health Companies. 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. 3M. Talkspace Delivers Strong Q1 2021 Operational and Financial Results . Alma 's top competitors include Headway, Equip Health, and Talkiatry. ;. (1) Prior period results have been adjusted to reflect the exchange of Old Talkspace’s common stock for Talkspace’s common stock at an exchange ratio of approximately 1. Talkspace competitors include BetterHelp. Best for Medication. Insider &. ST. Talkspace is trading at a lower price-to-earnings ratio than. 2. 67. 5 million lives were covered for Talkspace through insurance and employee assistance programs or other network behavioral. 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. 139. A supervising clinician and/or organization. 36 million: 14. Talkspace costs between $65 - $95 per week, whereas BetterHelp costs between $60 - $90 per week. Talkspace Info & Features. TALK Earnings Date and Information Talkspace has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, February 20th,. About Sondermind Funding, Valuation & Revenue. ) Master’s degree in social work, counseling, or other behavioral science. ($7. Both companies offer pay-per-month subscriptions, but BetterHelp is slightly less expensive at $60 to $90 each week. What happened. Talkspace, Inc. We’re in-network with most major insurers and make it easy for out-of-network members to get reimbursed, making therapy more affordable than ever. SourceForge ranks the best alternatives to Talkspace for Business in 2023. We will compare Talkspace to related companies based on the strength of its valuation, profitability, risk, dividends, analyst recommendations, institutional ownership and earnings. Website. Talkspace, Inc. Discover the top Talkspace competitors, the leading online therapy platform. Completed B2B sessions grew 139% in 2021 versus the prior year. 1 Location. If I had purchased shares in. Talkspace. 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. TRY AMWELL. Sign up for a free demo to see Talkspace's valuations in June 2021 and more. Therapist responds daily, five days a week. Analyst RatingsWe will compare Talkspace to similar companies based on the strength of its earnings, valuation, profitability, dividends, institutional ownership, analyst recommendations and risk. All financial results refer to 2022 first quarter and the prior-year period unless otherwise stated. BetterHelp is very similar to Talkspace, in the sense that both platforms match individuals with licensed, accredited therapists for counseling and therapy services. Talkspace vs. 68M), Goldman Sachs Group Inc. . February 22, 2022. 10%. Talkspace is an online therapy startup that offers confidential therapy with a network of licensed therapists. 5, Negative Sentiment > -1. Available in the United States: yes. , LMFTA, LAC, LCSWA, etc. 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. betterhelp has subscribers in 160 different countries around the world and they have counselors. BetterHelp, Talkspace, and its competitors are using the same playbook to break down the current mental health system. Telecommunications · Australia · <25 Employees. Best for Substance Use – WorkIt Health. Solving those issues is why Talkspace and Talkspace competitors, like BetterHelp, were started. Talkspace is a website and a smartphone app that offers online therapy to its users. While Talkspace accepts major insurance plans as well as HSA/FSA, it doesn’t accept Medicare or Medicaid. EBITDA of negative $20. . Alma 's top competitors include Headway, Equip Health, and Talkiatry. 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. As a group, “Health services” companies have. Sign up for a free demo to see Talkspace's valuations in June 2021 and more. 8. 2. What Is Talkspace - Online Therapy?Therapy for the Way We Live Today. com's top 5 competitors in July 2023 are: psychcentral. 1 Location. The pricing is slightly lower than that of competitors: A 45-minute. com includes unlimited text messaging audio text video text and written text messaging as well as. 24 million for the quarter ended December 2022, surpassing the Zacks Consensus Estimate by 4. 76 in mid-morning. As a digital healthcare company, all care is delivered through an easy-to-use and fully. S. 65. And like our competitors, Talkspace is a pure-play mental health company. ($7. Each company offers different plans that don’t perfectly line up with one another. Calm operates as a mental wellness brand in the health and wellness industry. Talkspace is partnered with some health plans, as well as with some companies' employee assistance plans (EAP),. Text, video and audio messaging.