Steve Valiquette's questions to Talkspace (TALK) leadership • Q2 2025
Question
Steve Valiquette of Mizuho noted that managed care companies are reporting higher behavioral health costs and asked if Talkspace is seeing new efforts from commercial payers to manage this trend and how Talkspace is positioned in that context.
Answer
CEO Jon Cohen clarified that Talkspace is positioned as part of the solution for payers, not a target for cost-cutting. He explained that the platform offers a lower-cost option for care compared to many traditional providers. While risk-based contracts have been discussed, he sees Talkspace as a key partner for payers to manage mental health costs effectively.