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Talkspace Awarded $3 Million Federal Grant to Study Groundbreaking Treatment for PTSD
National Institute of Mental Health Grant Will Fund Study Examining Effectiveness of Cognitive Processing Therapy (CPT) in Treating PTSD and Other Traumas

About this update from Talkspace, Inc.
[{"type":"text","content":"\nNational Institute of Mental Health Grant Will Fund Study Examining Effectiveness of Cognitive Processing Therapy (CPT) in Treating PTSD and Other Traumas Virtually\n\n NEW YORK--(BUSINESS WIRE)--\nToday, Talkspace (NASDAQ: TALK), a leading online behavioral health care company, announced it has been awarded a $3 million grant from the National Institute of Mental Health (NIMH) to study the effectiveness of Cognitive Processing Therapy (CPT) – a well-established treatment for post-traumatic stress disorder (PTSD) – in a virtual setting. As millions of Americans – including veterans, sexual assault survivors, and others – continue to battle PTSD and other trauma related challenges, this research seeks to explore and unlock the potential of delivering CPT through digital channels, with the goal of dramatically expanding access to care for those most in need.\n\nThe new study will build on preliminary research undertaken by Talkspace which found that combining CPT with virtual tools could reduce trauma symptoms by twice as much over treatment as usual, and in less time. The pilot study of 60 participants utilized a hybrid model that offered educational experiences in conjunction with therapy. Results demonstrated that patients are able to achieve greater outcomes and that specially trained trauma therapists are able to assist more individuals in processing events and challenges than they could before.\n\n“The mental health crisis in America is at an inflection point 20 months into the pandemic, and it’s more important than ever to explore new ways to deliver treatment to patients right where they are,” said Varun Choudhary, MD, MA, DFAPA, Chief Medical Officer of Talkspace. “Through this study, Talkspace is once again at the forefront of research and discovery in tele-mental health, and thanks to the NIMH and our outstanding research partners, we will be able to discover and better understand the impact of providing treatment through virtual channels.”\n\nIn conjunction with Talkspace, the three-year study will be led by principal investigators Shannon Wiltsey-Stirman, PhD, Associate Professor of Psychiatry and Behavioral Services at the Stanford University School of Medicine, and Katy Dondanville, PsyD, ABPP, Associate Professor of Psychiatry and Behavioral Sciences at The University of Texas Health Science Center at San Antonio...