![]() They are an AI company disrupting healthcare in a big way.” Using Conversa’s innovative and scalable Conversational AI technology, healthcare organizations can deliver automated, personalized doctor-patient conversation experiences that lead to more informed and meaningful patient relationships, effective population management and, ultimately, better clinical and financial outcomes. Recently Juniper Research stated that “Conversa is the type of company that, through their presence in the market and the kind of product they offer, have the potential to reshape the whole digital health sector. Yet patients have an enormous amount of information about their health which could be captured, analyzed, and used to provide them guidance. Healthcare providers have almost no insight into how patients are doing between their visits to the doctor or hospital. Conversa has an extensive library of over 330 clinically-intelligent conversation programs that include asthma, chronic obstructive pulmonary disease (COPD), congestive heart failure (CHF), diabetes, hypertension, joint replacement, and many more. Leading health systems, payers, employers and pharmaceutical companies are using Conversa to develop meaningful relationships and drive better health outcomes. What is Conversa Conversa is a purpose-built solution for a well-defined problem. Multiple reports have said that Amwell is in advanced talks with digital behavioral health company Talkspace (Nasdaq: TALK) about acquiring the company.UPDATE: Amwell Enhances Virtual Care Platform with Acquisition of Conversa HealthĪs healthcare’s conversation platform, Conversa delivers an easy and meaningful way for care teams and patients to communicate. It acquired digital behavioral health companies Silvercloud Health and Conversa Health for a combined $320 million in 2021. Its main rival, Amwell (NYSE: AMWL), has also made a number of moves. Teladoc isn’t the only telehealth company expanding into the behavioral health space. And I think it’s fair to expect us to focus on driving both growth and efficiency.” “That business has grown and scaled incredibly fast,” Teladoc CEO Jason Gorevic said during the company’s 2022 Q3 earnings call. The company also offers virtual health care to enterprise customers. In 2021, the company reported that BetterHelp pulled in $700 million in global revenue. The company has previously reported that BetterHelp accounts for roughly a third of its revenue. In 2015, it purchased direct-to-consumer virtual therapy service BetterHelp for $17.2 million. Conversa uses automated patient interactions to ensure patients stay on track before and after live or virtual visits. Teladoc has a long history in the behavioral health space. It is used globally by more than 300 organizations including Kaiser-Permanente, Optum, Providence Health and over 80 percent of the U.K.’s National Health Service mental health services. Private companies have also taken note and have begun to roll out new integration tools. In September the Department of Health and Human Services released a roadmap for behavioral health integration. In a related transaction, American Well Corporation signed a definitive agreement to acquire SilverCloud Health on July 28, 2021. The federal government has also highlighted the importance of care collaboration. American Well Corporation (NYSE:AMWL) signed a definitive agreement to acquire Conversa Health, Inc. The New York-based company is also expanding its services to be available in English and Spanish.Īt the big-picture level, the uptick in behavioral health issues has put integration between primary care and behavioral health into the spotlight. Patients will be able to use the app to navigate services, review physician-based integration care plans and access care coordination tools with in-person providers. “This fully integrated experience not only helps individuals navigate between physical and mental health, but it also takes into consideration social determinants of health that play an integral part in their wellbeing.” Vidya Raman-Tangella, chief medical officer at Teladoc Health, said in a statement. ![]() “Our goal is to provide options for those individuals who don’t have primary care or good chronic condition management or mental health support,” Dr.
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