Talkspace and Wellbeing at Work Announce Strategic Partnership to Transform Utilization and Access to Employee Wellbeing
July 11 2024 - 8:05AM
Business Wire
Talkspace, a leading provider of virtual mental health services,
and Wellbeing at Work, a pioneer in employee benefits navigation,
today announced a strategic partnership. This collaborative
integration offers Talkspace's comprehensive digital mental health
services within Wellbeing at Work's innovative benefits navigation
platform, leveraging Gallup's science of wellbeing.
In today's evolving landscape, employers increasingly seek
integrated solutions addressing the full spectrum of employee
health and wellbeing development. In the aftermath of the COVID-19
pandemic, mental health continues as a critical priority, with
companies now focused on increasing the utilization of essential
mental health benefits, reducing healthcare spending
inefficiencies, and achieving measurable cost savings.
By integrating Talkspace as the exclusive clinical mental health
provider within its platform, Wellbeing at Work will offer a
seamless experience for employees seeking mental health support.
This powerful combination harnesses individual data across six
wellbeing domains - emotional, career, social, financial, physical,
and community - to deliver personalized recommendations of company
benefits tailored to each employee's unique needs and
circumstances.
"Combining our platform's strengths in measurement and
navigation with Talkspace's clinical expertise creates a powerful
synergy that will drive progress in organizational wellbeing," said
Wilfred Krenn, Head of Operations at Wellbeing at Work. "This
partnership exemplifies our commitment to innovative, data-driven
solutions that drive real results."
In the current economic climate of cost constraints, the
partnership provides an impactful solution for employers striving
to maximize their benefits investment. By increasing mental health
service utilization and reducing inefficient healthcare spending,
the integrated offering enables measurable returns while
prioritizing employee wellbeing.
"The inclusion of Talkspace into the Wellbeing at Work platform
brings together our strengths in a way that benefits both employers
and employees," said Natalie Cummins, Chief Business Officer of
Talkspace. "Our collaboration enhances our ability to deliver
tailored mental health support and expands our reach and impact,
with the goal of ensuring more employees receive the precise
support they need."
Through this strategic alliance, Talkspace and Wellbeing at Work
aim to offer a cost-effective, comprehensive solution that enhances
employee wellbeing and utilization of existing benefits. This
partnership is poised to set a new standard in the industry,
providing measurable improvements in employee health and
organizational performance.
For more information, please contact:
info@knowledge-advantage.com
About Talkspace: Talkspace (NASDAQ: TALK) is a leading virtual
behavioral healthcare provider committed to helping people lead
healthier, happier lives through access to high-quality mental
healthcare. At Talkspace, we believe that mental healthcare is core
to overall health and should be available to everyone.
All care offered at Talkspace is delivered through an
easy-to-use, fully-encrypted web and mobile platform that meets
HIPAA, federal, and state regulatory requirements. More than 140
million Americans have access to Talkspace through their health
insurance plans, employee assistance programs, our partnerships
with leading healthcare companies, or as a free benefit through
their employer, school, or government agency.
For more information, visit www.talkspace.com.
About Wellbeing at Work: Wellbeing at Work, a division of
Knowledge-Advantage, Inc., is dedicated to enhancing employee
health and productivity through a comprehensive suite of wellbeing
solutions. Partnering exclusively with Gallup, Inc., Wellbeing at
Work leverages the Gallup Wellbeing Index to provide a data-driven
approach to employee wellbeing, addressing six key domains:
emotional, career, social, financial, physical, and community.
As a privately held company, Knowledge-Advantage, Inc. is
committed to driving innovation in the field of employee wellbeing,
ensuring that comprehensive care is available to all employees,
regardless of their company's size or industry.
For more information, visit www.wbatwork.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240711427330/en/
Dave Allman, dave@wbatwork.com, (717) 574-8332
Talkspace (NASDAQ:TALK)
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