NEW YORK and SCOTTSDALE, AZ, June 27, 2023 — Talkiatry, a leading provider of in-network psychiatric care, and Transact Campus, “Transact,” the award-winning leader in innovative mobile credential and payment solutions for a connected campus, today announced a partnership to address the escalating mental health crisis on college campuses.
This partnership will provide students with access to quality psychiatric services and offers an accessible and affordable mental health support system. Transact will provide schools with a full suite of marketing tools to promote Talkiatry to students. In addition, access to Talkiatry’s services will be incorporated into the Transact eAccounts app and available within the Transact Mobile Credential.
Recent studies indicate an alarming rise in anxiety, depression, and suicidal ideation among college students. The COVID-19 pandemic has compounded these issues, with over 60% of students meeting the criteria for at least one mental health condition during the 2020-2021 academic year.
“Improving student mental health is a topic we are passionate about at Transact. By incorporating Talkiatry’s resources into our products, we’re empowering millions of students and families with the tools needed to manage mental health effectively,” explained Nancy Langer, CEO of Transact.
Talkiatry is one of the nation’s largest mental health practices. With its focus on virtual care, Talkiatry’s mission is to eliminate barriers that prevent people from accessing quality psychiatric support. This means providing psychiatry services that are covered by more than 60 health insurance plans, while making sure new patients can be seen within days of booking an initial appointment. Talkiatry patients can expect 60-minute first visits and 30-minute follow-ups and will see the same psychiatrist for every appointment. Talkiatry’s team of more than 300 psychiatrists specializes in treating mental health conditions including anxiety, depression, PTSD, and more.
“With so many college students struggling with everything from loneliness and low self-esteem to depression and trauma from sexual assault, it’s vital school administrators have access to the resources to help these young adults stay in school and successfully manage their mental health regardless of their background or where they live,” said Robert Krayn, co-founder and CEO, Talkiatry. “Our partnership with Transact provides administrators, faculty, students and their families with access to our national staff of mental health providers who are capable of treating a wide variety of conditions in a way that is affordable and convenient.”
About Transact
Transact is the leader in innovative payment and Mobile Credential solutions for a connected campus. Its highly configurable, mobile-centric campus technology ecosystem simplifies the student experience across the full spectrum of student life. Transact’s offerings include integrated solutions for tuition and other student expense payments, multi-purpose campus IDs, and campus commerce. With a long-standing reputation in the education community, Transact proudly serves over 12 million students across more than 1,850 client institutions. Its fintech solutions facilitate $49 billion in payments annually and have enabled more than 227 million contactless mobile wallet transactions and $293 million in mobile orders in less than three years. For more information, visit www.transactcampus.com.
About Talkiatry
Talkiatry is a national mental health practice that provides in-network psychiatry and therapy. They were co-founded by a patient and a triple-board-certified psychiatrist to solve the problems both groups face in
accessing and providing the highest quality mental healthcare. 60% of adults in the U.S. with a diagnosable mental illness go untreated every year because care is inaccessible, while 45% of clinicians are out of network with insurers because reimbursement
rates are low and paperwork is unduly burdensome. With innovative technology and a human-centered philosophy, Talkiatry provides patients with the care they need—and allows psychiatrists to focus on why they got into medicine. Learn more at
www.talkiatry.com and follow us on Instagram, TikTok, and LinkedIn.
Media Contacts:
Sandra Correa
Impact Partners for Transact Campus
+1-917-319-8472
scorrea@impactpartners.llc