Talkspace
Virtual care company Wheel announced it added the teletherapy, discount drug platform, and data sharing companies to its integrated virtual care ecosystem.
Bicycle Health patients can connect to therapists outside the realm of opioid use disorder, and Talkspace patients will have access to opioid use disorder specialty care.
The companies will utilize each other's offerings to expand their respective members' access to behavioral health and menopause-related care.
Butterfly Network reports decreased total revenue in the third quarter, and teletherapy company Talkspace shows a 32% increase in revenue over the prior-year period.
Users of Oura's ring will be able to share a report showing their sleep and movement data with Talkspace therapists.
The company reported a 19% increase in revenue in the second quarter of this year compared to the prior year, driven by an 82% increase in B2B revenue.
The company reported $33.3 million in revenue for Q1 2023 and a net loss of $8.8 million.
The teletherapy company reported increased revenue in 2022 thanks to business-to-business growth, but it also posted an $80 million net loss.
According to the Israeli news site Calcalist, Amwell is in talks to purchase Talkspace for around $1.50 per share.
Amwell, Hims & Hers, Insulet and Butterfly Network also post third quarter results.