Oren Frank, the founder of the online therapy service Talkspace, has his sights set on expanding the services Talkspace can provide. Talkspace already offers therapy through a variety of online sources. People can use Talkspace’s app, online video messaging, texting and emails to contact a variety of doctors and therapists. It is a cheaper and more accessible way to access mental health services for people that might have no other way to get help. After 5 years, Talkspace has over 1 million users. For $79 a month patients can talk to therapists online. The service has so far earned tens of millions of dollars in revenue.
Check out Oren Frank interview on Youtube
Neil Leibowitz has recently joined Talkspace as their new chief medical officer. Neil Leibowitz has previously worked for UnitedHealth. Along with being able to use Neil Leibowitz’s vast knowledge of business and the health care industry, it will also allow Talkspace therapists to prescribe drugs. Neil Leibowitz has still to decide the exact medications that Talkspace will prescribe.
Oren Frank also hopes the new hire will be able to expand Talkspace’s corporate client base. Frank sees that corporate side as making up almost half of all Talkspace’s revenue by the end of 2018. It is in the best interest of companies to use Talkspace as many employees are looking for help for mental health issues.
Some of the recent posts on Oren Frank’s twitter feed show the wide variety of topics that can be discussed on Talkspace. There are posts about LGBTQ issues along with the issues surrounding the use of social media. Frank also has links to highly successful people who had to deal with mental health issues. He hopes to show that anyone can suffer regardless of their external circumstances. Frank also sees the need for preventative care, and he emphasizes the need for companies to be proactive with taking care of the mental health of their employees.