Talkiatry Review: Notable Innovations, Pricing & Treatment Plans

Imagine a world where accessing mental information, treatment plans, and speaking to a psychiatrist is possible with a few taps from your mobile phone. This is the change Talkiatry seeks to herald. About 21.6% percent of individuals with diagnosable mental illness only get treatment, as others lack access to care.  

Not just that, there’s the stigma associated with mental health, leading to delays in seeking treatment. 11.1% of adults with mental illness are unable to get affordable options covered by insurance.  Honing in on these issues, Talkiatry offers in-network therapy and psychiatric care to children, teens, and adults. 

The platform connects individuals, insurers, and psychiatrists. This way, patients don’t need to pay out of pocket for payments, and clinicians can enjoy high reimbursement rates. Besides, as a telepsychiatry care that blossomed in 2019, Talkiatry raised $75 million in total funding in the most significant mental health financing this year. 

This article discusses Talkiatry, its most notable features, payment plans, and how it aims to revolutionize mental health care. 

Overview of Talkiatry

Talkiatry is a platform that simplifies the healthcare process for clinicians and patients alike. With it, patients can access in-network care when needed, and clinicians can provide health care how they ought to. As a company that believes psychiatric care should be responsible, accessible, and human, Talkiatry offers solutions that ensure overall well-being. 

The platform boasts over 300 psychiatrists and 100+ insurance partners. Its specialists can provide diagnosis evaluations and offer personalized treatment plans. Currently, the platform provides services in U.S. states like Texas, New York, Michigan, Washington D.C., Ohio, and Florida. However, it’s not licensed in Delaware, Hawaii, Alaska, and Wyoming.

Talkiatry was founded after the story of a patient seeking treatment following a home invasion and a board-certified adult psychiatrist. Since then, its mission has been to dismantle the stigma associated with mental illness and pioneer innovation in mental health through the latest research and technologies. The platform has about 11 investors, including Andreessen Horowitz and Perceptive Advisors. Over 1 million individuals seeking mental care leverage it daily to get effective treatment.

• Established: 2019
• Founder:  Robert Krayn, Georgia Gaveras
• Office: New York, United States

How Talkiatry is Revolutionizing Mental Health Care

Here are the unique features of Talkiatry:

1. Virtual Psychiatric care

Talkiatry allows you to reach expert clinicians from the comfort of your home. Unlike traditional healthcare, which often requires you to travel or take time off work, the platform’s virtual services let you access care from anywhere, even in remote areas. All you need to do is visit their website and schedule an appointment, choosing a convenient date and time. 

This way, you’ll work with a doctor to help create a treatment plan, including medications and regular virtual visits. Talkiatry’s telehealth setup also gives patients instructions on accessing the virtual visit, usually via a secure video conferencing platform. 

After consultation, if necessary, the psychiatrist can send medications electronically to your pharmacy and schedule follow-up appointments to monitor your progress. This virtual process certainly helps to address issues like geographic limitations, financial constraints, and scheduling conflicts, making mental health care more available to a wider audience.  

2. Insurance in psychiatry

Not every mental health care provider works closely with insurance companies to ensure you pay less out-of-pocket. Even when you find companies that accept insurance, you may be billed for therapy sessions immediately before your insurance coverage comes in. Thankfully, Talkiatry partners with multiple insurance providers, ensuring you receive care adequately. 

The Telemedicine platform goes a step further by assisting patients in verifying their coverage before starting treatment. It also directly bills insurance companies, reducing patients’ financial stress. 

Talkiatry’s innovation in mental health, which includes insurance coverage, has helped to combine therapy and medicine management under one roof.  The platform allows patients to receive holistic care by accepting multiple insurance plans. Plus, it encourages more people to seek help and prevents more severe mental issues from developing. 

3. Software Integrations

Talkiatry integrates with multiple software platforms to improve its service provision. It utilizes the HIPPA-compliant Healow app for conducting telehealth sessions. This app allows you to manage your appointments, access medical records, and communicate with clinicians. 

Rather than wait for the next appointment day to inquire about your treatment or medication, you can quickly message your psychiatrist via the Healow app. Furthermore, to simplify the billing and payment process for patients, Talkiatry integrates excellently with Cedar Pay. 

This app provides clear and easy-to-understand billing statements alongside multiple payment options to enhance your experience. The Healow app is available to iPhone and Android users on the Apple and Google PlayStore. 

How Talkiatry Works 

The good thing about Talkiatry is that it follows a straightforward procedure for pairing patients with the right clinician. Once you click the “Get Started” button, you’ll be directed to a page outlining the individuals best suited for its services. From there, the platform will send you an email link to its mental health intake questionnaire. 

Immediately after completing the assessment, Talkiatry will recommend options for psychiatrists to meet your needs. You can click on each psychiatrist’s photo and read their bio. It’ll also show you the various clinicians’ appointment schedules. 

After selecting a psychiatrist, Talkiatry will confirm your appointment for your first session. Then, you will be required to download the Healow app. You can easily access your patient portal and schedule form through this third-party app. Then, you can email your current provider, switch psychiatrists, or schedule a new date to continue treatment. 

Treatments Offered by Talkiatry

Talkiatry clinicians specialize in a wide range of mental health conditions, including:

• Bipolar disorder
• Anxiety
• Attention deficit hyperactivity disorder (ADHD)
• Insomnia
• Depression
• Obsessive-compulsive disorder (OCD)
• Post-traumatic stress disorder (PTSD)

Unfortunately, Talkiatry currently doesn’t offer treatment for conditions like:

• Eating disorders
• Personality disorders
• schizophrenia
• Self-harm
• Crisis care
• Substance use disorder, such as medication-assisted treatment for opioid use disorder

Depending on your diagnosis, Talkiatry psychiatrists may prescribe medications like antidepressants, beta blockers, stimulants, and mood stabilizers. 

Payment Plans 

Talkiatry offers various plans depending on a patient’s insurance coverage and location. For first visits, it costs an average of $30 or less. The platform allows you to choose from its monthly or biweekly plan, which has a minimum payment of $50. If a patient’s treatment balance exceeds $250, they’re at liberty to pay overtime.

Considering the platform aims to make mental health care accessible, it only accepts individuals with an existing insurance plan. Compared to other online mental health apps, Talkiatry doesn’t bill patients for appointments outrightly. 

Instead, it lets you know whether it accepts your insurance cover and services you’ll need to finance out-of-pocket. So, if you’re looking for an estimated cost, it’s best to contact your insurance company directly to learn about your plan’s coverage. 

Insurance providers that Talkiatry Accepts

The following are some insurance providers that Talkiatry collaborates with:

• Aetna
• Humana
• Kaiser
• Cigna
• Centivo
• MVP HealthCare
• Magellan
• Medicare
• Multiplan
• NYYSHIP
• Oscar
• Point Comfort
• UnitedHealthcare
• Western Health Advantage

You can use Talkiatry’s insurance eligibility checker to see if it accepts your plan. 

Patient Support

Talkiatry has a patient-centered approach designed to ensure continuity of care and effective treatment outcomes. The telemedicine website schedules regular follow-up sessions after your initial consultation to monitor progress. For example, the clinician can evaluate your treatment plan and make necessary adjustments to address new issues. 

Bear in mind that Talkiatry conducts most of its patient support via telehealth.  This makes it easier for you to keep to appointments and attend sessions. Talkiatry ensures regular reviews to identify any side effects for individuals on medication. 

It involves adjusting the dosage or recommending medications to optimize treatment. Through continuous feedback and adjustment, the mental health platform ensures treatment plans remain effective and aligned with patients’ needs. 

Talkiatry: Future Prospects 

Through several strategic initiatives, Talkiatry has positioned itself as one of the most promising startups in mental health care. It integrates therapy and medical management into a single platform, ensuring that patients receive well-rounded care instead of having to switch between insurance coverage and mental health treatment simultaneously. 

To focus on quality care, Talkiatry only employed the services of board-certified psychiatrists. This has helped it build trust with patients while establishing its brand as a reliable provider of mental health services.  As a company committed to addressing stigma, it has also normalized the use of mental health services by adopting them into everyday life with telehealth. 

There’s no doubt that Talkiatry’s business model is designed for scalability. The platform’s growth potential has attracted investors worldwide, positioning it as a leader in the digital mental health space. According to Crunchbase’s report, Talkiatry received the largest investment in mental healthcare in 2024. This significant funding highlights investors’ confidence in the platform’s innovation and potential to revolutionize mental health care via accessible services. 

Conclusion

The value of a platform like Talkiatry in the mental health sector cannot be emphasized enough. As a sector that needs to refine its services daily, Talkiatry’s commitment to innovation and improvement has helped to optimize care delivery and outcomes.

As long as you have insurance that’s in-network with Talkiatry, getting effective treatment is possible. The platform’s sign-up is fast, and it provides talk therapy alongside medication. In situations where Talkiatry doesn’t offer the service you require, it offers referrals to set you up on your mental health care journey. 

Indeed, Talkiatry is an excellent option if you seek treatment from home. It connects you with a psychiatrist, diagnoses you, and educates you on symptoms. In fact, the platform links you with professionals who are willing to listen and provide the best treatment.