Talkspace said it is partnering with the American Federation of Teachers to offer therapy and other mental health resources to union members.
The partnership between the digital behavioral health company and the union representing 1.7 million workers including teachers, nurses and retirees exemplifies a strategy priority for the company this year, said Natalie Cummins, Talkspace's chief business officer.
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"Stay tuned for more partnerships with companies across the broader health and wellness continuum, as well as organizations that are focused on [high school] students and teens, given the mental health epidemic disproportionately affecting them," Cummins said.
The company also is in discussions with other healthcare, education and government employee unions, Cummins said.
The partnership with the teachers' union includes insurance coverage or discounts for therapy and educational materials to help with issues like burnout or how to support coworkers with mental health struggles.
In last year's third quarter, Talkspace reported a net loss of $4.4 million versus a year-earlier loss of $18 million. Quarterly revenues increased 32% year-over-year.
