Talkspace Inc at JPMorgan Healthcare Conference Transcript
Good morning everyone and welcome to the last day of the forty-fourth annual JPMorgan Healthcare Conference. My name is Tavon Wilson, a member of the healthcare group based in New York. I'm pleased to introduce Mr. John Cohen, who's the CEO, Talkspace, and Ian Harris, the CFO.
Good morning and thank you for the invitation this morning -- So the market remains incredibly large and unpenetrated for mental health services. -- If you look at the market specifically, there are 46 million Americans that are, have an issue with mental health services, which is 23% of the adult commercial population, 2 million military of the 10 million population in the military, 17 million or 25% of the 66 million who have Medicare coverage and upwards of 10 million of the 20 million, 50% in the ages of 13 to 17.
40% of Talkspace patients despite this, are new to therapy. The number one requested employer benefit is mental health services. And the biggest motivator for people
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