Talkspace could be a prime acquisition target for any number of potential buyers seeking to jump into the booming virtual behavioral health space, according to a new analyst note from Jefferies Research Services, Behavioral Health Business reports.
The analysts said the boom in virtual behavioral health services from the pandemic, as well as aspects of Talkspace’s falling stock price, make it a potential acquisition target.
Foundationally, the digital behavioral health space has seen major investment in the last few years because of the coronavirus pandemic. Read more.