The promise of technology seems to have failed us. The Internet, with all of its potential to bring us together, seems to be tearing us apart. Suicide is at an all-time high as well as loneliness and depression. That’s why it is so refreshing to see startups like Talkspace. Founded by Oren Frank, Talkspace offers up video chat therapy to anybody in need.
This technological startup has recently hired a chief medical officer. Neil Leibowitz comes from United Health and joined Talkspace last month. This hire comes as the company is determining its valuation and thinking over an IPO.
The company allows you to talk with a licensed therapist for just $79 per week. It also gives you the option to pay $49 per week in order to text message a mental health professional. Talkspace and its founder Oren Frank have been in business for more than five years and have helped over 1 million people. The CEO claims that the company is creating tens of millions of dollars in revenues.
The hiring of Leibowitz is quite a bold move. This will allow Talkspace physicians, under the supervision of Oren Frank, to begin prescribing medications online. This video service will have to go under state and federal scrutiny and the company has already begun talks about which medications to avoid such as opiates.
The new chief medical officer, Neil Leibowitz, comes from the health insurance sector. CEO Oren Frank has high hopes that Leibowitz will begin to take control of about half the company’s revenue. And the strength of Talkspace could not have come at a better time. In-depth mental health studies show that millennial’s are showing a marketable increase in depression and anxiety. And those mental health issues have an impact on productivity.
One way that Oren Frank reaches out to millennial’s is through Twitter. He recently posted an interesting article showing that a warming climate, and acute high temperatures, in particular, increase suicide rates. This just goes to show you how much CEO Oren Frank, new chief medical officer Neil Leibowitz and Talkspace care about the worldwide community.