The organization is becoming popular among more people with time due to its innovative therapy solutions. Unlike in the past where you had to be physically present for a therapist to offer their services, Talkspace offers a platform where you can get the help of a professional clinician through a video call. To ensure the achievement of its objectives, the company hired a chief medical officer called Neil Leibowitz. He previously worked at UnitedHealth where he acted as the firm’s senior medical director. The management hopes to transform the firm from private to public by conducting an IPO.
Talkspace has several packages for the clients and they vary in terms of cost. For a weekly fee of $79, a person can talk to a professional therapist online. If you prefer messaging, you will be required to pay $49. According to the company’s CEO, Oren Frank, Talkspace has served more than one million clients since its inception. The annual revenue has been increasing gradually and currently stands at tens of millions of dollars. Follow Oren Frank on his Twitter
The physicians at Talkspace are expected to start prescribing medicine for the patients. According to the firm’s CEO, both state and federal laws will be followed in prescribing any medication. Before joining Talkspace, Oren Frank worked as an executive officer in various insurance organizations. His experience in the corporate world is expected to help in growing the company. Mr. Frank revealed that most clients prefer the messaging service to contact a therapist.
Oren Frank uses various platforms to share his knowledge and increase awareness on mental health. One of the articles that he published on his Twitter account was a recap of a medical report that was prepared by the Lancet Commission. According to the article, the number of people being diagnosed with various mental disorders is increasing globally. By 2030, the mental disorders are expected to cost the global economy a whopping $16 trillion.