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Stock impact report

Talkspace Acquires Wisdo Health to Expand AI-Powered Social Health and Peer Support Solutions

Talkspace, Inc. (TALK) 
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Talkspace (NASDAQ: TALK), a leading online behavioral health care company, today announced the acquisition of Wisdo Health, a clinically-proven and AI-powered social health and peer support platform.Social health and the presence of supportive human connections are critical components of overall health and the acquisition of Wisdo better positions Talkspace to address loneliness and isolation, conditions that affect nearly half of U.S. adults, drive significant costs, and were declared a public health crisis by the U.S. Surgeon General. The health risks are severe: loneliness is linked to higher rates of heart disease, stroke, dementia, depression, anxiety, and suicidal ideation, while also undermining engagement in mental health treatment. Addressing social health is therefore not only vital for improving outcomes but also for ensuring individuals seek and sustain care, which platforms like Wisdo enable by providing 24/7 access to trained peers, moderat Show less Read more
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