Mentioned:
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A publicly traded healthcare company is cutting a new deal with Amazon Pharmacy. But, why?

What’s happening:

  • Talkspace (NASDAQ: TALK) has formed a new partnership with Amazon Pharmacy focused on providing a more seamless experience for patients to receive prescriptions and medication

How it works:

  • Psychiatric providers on Talkspace can now send prescriptions directly to Amazon Pharmacy for their patients
  • Individuals can then quickly receive their medication from Amazon Pharmacy through at home delivery
  • Amazon Pharmacy will also provide Talkspace patients with prescription refill reminders, automatic delivery and real time access to pharmacist support

Why it matters:

  • Talkspace is the first virtual behavioural health provider to ever strike a deal with Amazon Pharmacy to be able to be integrated directly into their prescription platform

Going deeper:

  • Talkspace is one of the fastest growing publicly traded virtual behavioural health companies in North America and has built a network of thousands of licensed psychiatrists