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Talkspace from the book "How AI Can Democratize Healthcare" by Michael Ferro & Robin Farmanfarmaian


Talkspace Website

Talkspace was one of the earliest behavioral health startups tapping into both the chat therapy function in addition to a revolutionary business model — unlimited texting with your assigned therapist for a flat monthly subscription fee.

Founded back in 2012, Talkspace went public in 2021. They also acquired another startup called Lasting to expand their footprint in relationship coaching like marriage counseling. While they initially launched as a chat-app, Talkspace quickly expanded into other offerings like video visits with your assigned therapist.

Talkspace is reimbursed by insurance, in some cases insurance will take care of the full cost of the monthly subscription. They also have psychiatrists and other licensed healthcare professionals who can prescribe and manage psychiatric prescription medication for people who could benefit from ongoing prescription medication management.

From the Talkspace website