Talkspace And Bicycle Health Partner

+0.36% Post

iTalk Inc.

TALK

2.78

2.83

+0.36%

+1.80% Post

Millions Struggle with Substance Use Disorder and Mental Health: 7.7 million adults have a co-occurring substance use disorder and mental health condition. More than half receive treatment for neither (Source).
Demand for Therapy Outpaces Supply: Today's therapist workforce cannot keep up with demand. Wait times for a therapist can be weeks if not months (Source).
Barriers to In-Person Therapy Restrict Use: Stigma, affordability, and limited geographic availability of therapists stops many from seeking therapy (Source).
Digital Therapy Fills Gaps: Telehealth-based therapy increases utilization of mental health care by making therapy more accessible and convenient (Source).
A Pressing Need for Collaboration: Centralizing access to care and simplifying referrals is critical to addressing the need for services (Source).

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