What does LifeStance Health do?

LifeStance Health is a prominent outpatient behavioral health provider in the U.S., founded in 2017 and headquartered in Scottsdale, Arizona. The company operates over 550 centers across 33 states and offers nationwide telehealth services. LifeStance is publicly traded on NASDAQ under the ticker LFST, having completed its IPO in 2021. The company provides a range of mental health services, including therapy and counseling for individuals, couples, and families, as well as psychiatry and medication management. LifeStance also offers psychological testing and specialized treatments like Transcranial Magnetic Stimulation (TMS) and ketamine therapies. With a focus on evidence-based care, LifeStance emphasizes personalized treatment plans and continuity of care, accepting over 160 commercial insurance plans and some Medicaid options. The company employs around 7,500 licensed mental health professionals and has adapted its services to include a significant telehealth component, making mental health care more accessible to patients.