Talkspace, the country’s leading e-commerce platform that offers therapy to patients through video chats has hired a new chief medical officer. Neil Leibowitz joins the company at a time when there are negotiations for a possible Initial Public Offering(IPO). This professional formerly worked for UnitedHealth as a medical director.
Neil Leibowitz joins Talkspace
According to Oren Frank, the chief executive officer of the company, Talkspace has more than one million subscribers now have been in business for over five years. This facility offers affordable solutions ranging from $49 for messaging and $79 for speaking to a mental health professional.
This organization is said to be making millions of dollars in total revenue. With Neil Leibowitz joining the team, Talkspace physicians will start giving prescriptions to their patients. The processes of prescribing medicines will be through a video tool which operates per federal and state regulations. However, the company is yet to give a clear guideline on the drugs it will be prescribing to its clients.
Neil Leibowitz, a former insurance professional joins the company with a mandate to handle the business side of the company. This executive is expected to oversee the company’s revenue and help maximize it. Given the recent rise in mental illness particularly anxiety and depression among young people, Talkspace intends to leverage its services to support the millennials recover. It is expected that a majority of its patients will opt to get treated via the company’s messaging solution. Find out more about at Oren Frank at Huffpost.
Oren Frank tweets
In his recent tweets, Oren Frank told his followers that Talkspace is committed to providing mental health solutions by making them affordable and accessible to everyone. He also shared Michael Phelps story and how he managed to recover from severe depression. He has also shared insights about medical problems such as Obsessive-Compulsive Disorders(OCD) and the possible ways to treat them using therapy.