Third Space Therapy is a virtual mental health practice founded in 2024 and headquartered in Houston, Texas. The company provides insurance-covered behavioral healthcare across the United States, with current operations in Arizona, Colorado, Massachusetts, and Virginia. It accepts both Medicaid and commercial insurance, offering same-week virtual therapy appointments delivered by licensed clinicians to patients across all age groups, from children to elders.
The practice operates a network of clinicians who provide culturally competent care in multiple languages, with particular focus on serving diverse populations. Third Space Therapy handles the administrative infrastructure for its providers - including scheduling, insurance verification, billing, and credentialing - allowing clinicians to maintain independent practice autonomy while benefiting from group-practice support systems.
By combining affordable, insurance-covered access with operational support for therapists, Third Space Therapy addresses two structural barriers in behavioral healthcare: patient cost and provider administrative burden. The model aims to expand access to therapy across the country whilst reducing financial and operational friction for both patients and clinicians.