Talkspace Acquires AI-Powered Wisdo Health to Combat Loneliness and Expand Mental Health Offerings

Talkspace Inc. (NASDAQ:TALK) is one of the best NASDAQ stocks under $5 to buy now. On October 6, Talkspace announced the acquisition of Wisdo Health, which is a clinically-proven and AI-powered social health and peer support platform. The acquisition aligns with Talkspace’s mission to provide mental health care to address the critical public health crisis of loneliness and isolation.

The integration of Wisdo Health’s capabilities complements Talkspace’s existing services and enables the combined entity to offer personalized, stepped care solutions that address both social and mental health needs and improve user outcomes.

Wisdo has shown significant health improvements, including reductions in loneliness and depression of up to 28%, along with measurable gains in quality of life. The acquisition expands peer community capabilities to support all demographics.

Talkspace Inc. (NASDAQ:TALK) operates as a virtual behavioral healthcare company that connects patients with licensed mental health providers in the US.

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Disclosure: None. This article is originally published at Insider Monkey.