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Full-Time

Product Manager

Health Plans

Confirmed live in the last 24 hours

Talkspace

Talkspace

501-1,000 employees

Online therapy platform connecting clients with therapists

Consulting
Hardware
Biotechnology
Healthcare

Compensation Overview

$120k - $150kAnnually

Mid

Remote in USA

Category
Product Management
Product
Required Skills
Agile
Requirements
  • 3+ years of experience as a Product Manager with a strong desire to own a product roadmap.
  • Relevant experience in the healthcare industry, especially with claims processing, internal operations, and payment services.
  • Adept at agile methodologies and taking an iterative approach to product lifecycle management.
Responsibilities
  • Develop a deep understanding of the healthcare payer and EAP ecosystems, including eligibility requirements, claims processing and payments, revenue cycle management, and all their related integrations and touch-points with Talkspace.
  • Build and maintain a deep understanding of your users’ needs, including internal stakeholders in Talkspace and external partners, such as America’s major health plans and insurance companies.
  • Help set strategy and build focus on the right opportunities, collaborating closely with the Product Lead that oversees the Platform pod.
  • Support the refinement of product roadmap and set feature priorities through data-driven and user-centric considerations.
  • Create requirement documents that will include user stories and acceptance criteria for new products and features.
  • Lead investigations of failed or rejected claims and prioritize claims issues based on volume, via complex database querying.
  • Work hands-on with a cross-functional team to design, develop, test, and release product changes, ensure effective solutions.

Talkspace connects individuals with licensed therapists through a secure online platform, making mental health support accessible for those who may struggle to attend in-person sessions. Users can choose from various subscription plans that offer services like unlimited messaging therapy, couples therapy, and tailored options for businesses. The platform includes assessments to help users find the right therapist match. Talkspace prioritizes user safety and confidentiality by being HIPAA compliant and using encrypted communication for all interactions. Unlike traditional therapy, Talkspace provides a flexible and convenient alternative, aiming to improve mental health care access for everyone.

Company Stage

IPO

Total Funding

$718.7M

Headquarters

New York City, New York

Founded

2011

Growth & Insights
Headcount

6 month growth

4%

1 year growth

9%

2 year growth

17%
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Simplify's Take

What believers are saying

  • The expansion into Medicare significantly broadens Talkspace's potential user base, tapping into a critical need for mental health services among seniors.
  • Partnerships with fitness and wellness platforms like FlexIt and FitOn create a holistic approach to mental and physical health, potentially increasing user engagement and satisfaction.
  • The launch of the Behavioral Health Consortium allows Talkspace to offer specialized care for higher acuity needs, enhancing its service depth and user retention.

What critics are saying

  • The competitive landscape of online therapy is growing, with new entrants and established players potentially eroding Talkspace's market share.
  • High turnover in key management positions, such as the recent appointment of a new CFO, can lead to strategic misalignments and operational disruptions.

What makes Talkspace unique

  • Talkspace's subscription-based model with unlimited messaging therapy offers a unique value proposition compared to traditional in-person therapy.
  • The platform's HIPAA compliance and encrypted communication ensure a high level of security and confidentiality, which is crucial for mental health services.
  • Strategic partnerships with organizations like Cigna and collaborations with fitness and wellness platforms like FlexIt and FitOn enhance its service offerings and market reach.