Digital mental health company Talkspace is rolling out a new parenting app called Lasting Parenting Guide. This launch comes a year and a half after Talkspace scooped up couples-counseling tool Lasting for an undisclosed sum, with the goal of building out its self-guided apps.
Parents and caregivers can use the app to tap into self-guided digital sessions that include psycho-education,...
Teletherapy company Talkspace is facing a class action lawsuit alleging it misled investors about the company's financials in the run-up to its merger with a special purpose acquisition company.
The suit, filed Jan. 7, alleges investors weren't informed that Talkspace was seeing significantly increased advertising costs in its direct-to-consumer business, and it was seeing lower conversion rates...
Teletherapy company Talkspace announced Monday that president and chief operating officer Mark Hirschhorn had resigned following an internal review of his conduct “in connection with a company offsite that took place late last week.”
In a statement, the company said that Hirschhorn’s resignation was effective immediately and that Talkspace’s executive team would handle his responsibilities....
Healthcare software company Commure appointed Dr. Saurabha Bhatnagar as its new chief health officer, the company shared last week in a blog post.
Bhatnagar was most recently the chief medical officer and head of digital and technology of UnitedHealth Group. He also brings experience as a physician at Massachusetts General Hospital and a faculty member at Harvard Medical School.
As chief health...
Teletherapy company Talkspace has appointed Varun Choudhary, MD, MA DFAPA, as its new chief medical officer.
Choudhary brings over 17 years of behavioral health experience to the role. He most recently served as CMO at Magellan Health. At Talkspace, Choudhary will help scale the company’s clinical practice and provider network across the country.
In addition to his new role, Choudhary also serves...
Six months after announcing its plans for a public exit, digital mental health company Talkspace is finally hitting Nasdaq via a special purpose acquisition company (SPAC) merger with Hudson Executive Investment Corp. The deal is expected to give Talkspace $250 million of growth capital.
The opening day price per stock was listed at $8.90, and upon listing, the company had approximately 152...
Last year’s surge of digital health companies hitting the stock exchange appears to be continuing into 2021, as both Amwell and Talkspace announced public exit plans this week.
First up is Amwell, which announced Tuesday that it has created a proposed public offering to extend 11,280,647 shares of its Class A common stock to the public. Additionally, the underwriters will be given a 30-day option...
The National Institutes of Health have awarded the teletherapy platform Talkspace two grants worth nearly $7 million to research patients’ experiences with digital mental health services.
The first grant is almost $4 million and comes from the NIH’s National Institute of Mental Health Small Business Innovation Research (SBIR) program. It will support a four-year randomized control trial that...
Digital mental health company Talkspace is dipping into the relationship industry with its acquisition of couple counseling tool Lasting for an undisclosed sum.
Talkspace has traditionally offered one-on-one therapy via a virtual platform, however, recently it was seeing new demands.
“Our growth and our expansion into relationship or couples therapy recently launched and we’ve done it...
Driving digital diagnosis. Roche and Israeli life sciences investment firm aMoon announced plans this week to launch an early-stage investment program called StarFinder Lab. Focused on novel diagnostic technologies, in particular, with the help of AI data analysis and digital health tools, the program will provide funding, mentoring and other strategic support such as a physical office space...
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