LifeStance Health Group

Lifestance Health Group, Inc. provides outpatient mental health services. It offers patients a suite of mental health services, including psychiatric evaluations and treatment, psychological, and neuropsychological testing, as well as individual, family, and group therapy. The firm operates outpatient mental health platform as well as offers patients care virtually through its online delivery platform or in-person at its centers in 32 states. The company was founded by Michael K. Lester, Gwen H. Booth and Danish J. Qureshi in 2017 and is headquartered in Scottsdale, AZ.

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LifeStance Health Group reports strong Q4 performance and outlines growth strategies for 2023

LifeStance Health Group's Q4 2022 performance reflects financial stability and operational strength, meeting expectations.
The company's strategic focus on long-term profitability, clinician growth, and value-based care positions it for future success.
Challenges include consolidation efforts, payer contracting complexities, and transitioning to an integrated care model.
Opportunities for growth lie in collaboration with physical care providers, value-based care models, and data-driven approaches.

LifeStance Health Group exceeds Q1 expectations, eyes sustainable growth

LifeStance Health Group's Q1 2023 performance showcased strong financial results and operational advancements, driven by clinician growth and strategic initiatives.
While facing challenges such as clinician recruitment and margin progression, the company's focus on retention and value-based care initiatives bodes well for future growth.
With opportunities in clinician expansion, operational enhancements, and market adaptation, LifeStance Health Group is poised to capitalize on emerging trends and drive sustainable success.

LifeStance Health Group excels in Q2, eyes growth opportunities

LifeStance Health Group's Q2 2023 earnings call highlighted strong financial performance, operational improvements, and a strategic focus on enhancing patient care and value-based care arrangements. The company is navigating challenges in streamlining operations and adapting to regulatory changes while capitalizing on opportunities to drive growth and operational efficiencies.

LifeStance Health Group exceeds Q3 expectations, focuses on growth

LifeStance Health Group's Q3 2023 performance reflects strong revenue growth, operational improvements, and a focus on patient and clinician satisfaction.
While facing challenges such as negative free cash flow and ongoing legal actions, the company is poised for growth through revenue guidance increases and strategic investments.
Opportunities for revenue growth, clinician expansion, and enhanced patient experiences align with the company's commitment to quality care and financial performance.
CEO Ken Burdick's emphasis on exceeding expectations, raising guidance, and navigating legal challenges underscores the company's resilience and strategic direction.

LifeStance Health Group beats 2023 metrics, focuses on growth optimization

LifeStance Health Group's strong financial performance in 2023 reflects a focus on profitability, clinician growth, and patient experience, with plans for continued optimization.
Strategic investments in technology and operational processes position the company for future success, while challenges in moderating growth and improving funnel efficiency require attention.
Opportunities lie in enhancing patient acquisition and retention, clinician productivity, and operational efficiency, leveraging the company's early growth stage for scalability.
Management's commitment to a purpose-driven culture and operational excellence, supported by a dedicated team, underpins LifeStance Health Group's path to sustained success.

LifeStance Health Group excels in Q1 2024, eyes growth opportunities

LifeStance Health Group's Q1 2024 Earnings Call showcased robust financial performance, strategic resilience, and a focus on growth. While facing leadership transitions and short-term challenges, the company is poised for positive cash flow and continued improvements in revenue and margins.

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SCOTTSDALE, Ariz., Sept. 14, 2021 /PRNewswire/ -- LifeStance Health Group, Inc.  (NASDAQ: LFST), one of the nation's largest providers of outpatient mental health care, today announced that the Company will be added to the Russell 2000® Index, effective after the U.S. market opens on September 20, according to the preliminary list of IPO additions to the Russell indexes.

LifeStance Health to Be Added to Russell 2000® Index

SCOTTSDALE, Ariz., Sept. 13, 2021 /PRNewswire/ --  LifeStance Health  (NASDAQ: LFST), one of the nation's largest providers of outpatient mental health care, today announced that the company has opened its 200th de novo location.

LifeStance Health Celebrates Opening Of 200th De Novo Location, Bringing Total Number Of Centers To Over 450 Nationwide; Announces New Spatial Design

SCOTTSDALE, Ariz., Sept. 7, 2021 /PRNewswire/ -- LifeStance Health Group, Inc.  (NASDAQ: LFST), one of the nation's largest providers of outpatient mental health care, today announced that members of the management team will present at the Morgan Stanley Global Healthcare Conference on Monday, September 13, 2021.

LifeStance Health To Present At The Morgan Stanley Global Healthcare Conference

Los Angeles, California--(Newsfile Corp. - September 6, 2021) - The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of LifeStance Health Group, Inc. ("LifeStance" or "the Company") (NASDAQ: LFST) for violations of the securities laws.The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. LifeStance announced a disappointing financial forecast for the third...

ONGOING INVESTIGATION ALERT: The Schall Law Firm Announces It Is Investigating Claims Against LifeStance Health Group, Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES--(BUSINESS WIRE)---- $LFST #LFST--INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against LifeStance Health Group, Inc.

INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against LifeStance Health Group, Inc. and Encourages Investors with Losses to Contact the Firm

San Francisco, California--(Newsfile Corp. - August 26, 2021) -  Hagens Berman urges LifeStance Health Group, Inc. (NASDAQ: LFST) investors with significant losses to submit your losses now. The firm is investigating possible securities law violations and certain investors may have valuable claims.Visit: www.hbsslaw.com/investor-fraud/LFST Contact An Attorney Now: LFST@hbsslaw.com 844-916-0895LifeStance Health Group, Inc. (LFST) Investigation: The investigation focuses LifeStance's statements concerning its financial performance, operatio

HAGENS BERMAN Encourages LifeStance Health Group (LFST) Investors to Contact Firm's Attorneys Now, Firm Investigating Possible Securities Law Violations

SCOTTSDALE, Ariz., Aug. 24, 2021 /PRNewswire/ --  LifeStance Health  (NASDAQ: LFST), one of the nation's largest providers of outpatient mental health care, today announced that Seema Verma, former administrator for the Centers for Medicare & Medicaid Services (CMS), has been elected to the company's Board of Directors.

LifeStance Health Appoints Seema Verma To Its Board Of Directors

LOS ANGELES--(BUSINESS WIRE)---- $LFST #CLASSACTION--Glancy Prongay & Murray LLP (“GPM”), a national investor rights law firm, continues its investigation on behalf of LifeStance Health Group, Inc. (“LifeStance” or the “Company”) (NASDAQ: LFST) investors concerning the Company and its officers' possible violations of the federal securities laws. If you suffered a loss on your LifeStance investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, y

Glancy Prongay & Murray LLP, a National Class Action Law Firm, Continues Investigation of LifeStance Health Group, Inc. (LFST) on Behalf of Investors

BENSALEM, Pa.--(BUSINESS WIRE)---- $LFST #CLASSACTION--Law Offices of Howard G. Smith continues its investigation on behalf of LifeStance Health Group, Inc. (“LifeStance” or the “Company”) (NASDAQ: LFST) investors concerning the Company and its officers' possible violations of federal securities laws. In June 2021, LifeStance completed its initial public offering (“IPO”), issuing 32.8 million shares at $18 per share. On August 11, 2021, LifeStance announced its second quarter 2021 financial results, reporting a net l

INVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation of LifeStance Health Group, Inc. (LFST) on Behalf of Investors

SCOTTSDALE, Ariz., Aug. 19, 2021 /PRNewswire/ --  LifeStance Health , (NASDAQ: LFST), one of the nation's largest providers of outpatient mental health care, announced it now offers both virtual and in-person services in Maryland, Michigan, Minnesota, South Carolina and Wisconsin.

LifeStance Health Enters Maryland, Michigan, Minnesota, South Carolina And Wisconsin, Expanding Its National Footprint To 31 States

SCOTTSDALE, Ariz., Aug. 17, 2021 /PRNewswire/ -- LifeStance Health Foundation, an organization endowed by LifeStance Health  (NASDAQ: LFST), today announced it has donated $30,000 to the U.S. Olympic & Paralympic Foundation in support of athletes' mental health.

LifeStance Health Foundation Advances Its Mission To Improve Mental Health Access, Announces Latest Grantee

Atlanta, Georgia--(Newsfile Corp. - August 16, 2021) -  Holzer & Holzer, LLC is investigating whether LifeStance Health Group, Inc. ("LifeStance" or the "Company") (NASDAQ: LFST) complied with federal securities laws. On August 11, 2021, LifeStance, one of the largest providers of mental healthcare in the United States, announced financial results for the second quarter, reporting a $70 million net loss. LifeStance also provided disappointing estimates for third quarter, which was below analysts' consensus. During the...

SHAREHOLDER ALERT: Investigation of LifeStance Health Group, Inc. Announced by Holzer & Holzer, LLC

NEW YORK--(BUSINESS WIRE)---- $LFST--The law firm of Kirby McInerney LLP is investigating potential claims against LifeStance Health Group, Inc. (“LifeStance” or the “Company”) (NASDAQ: LFST). The investigation concerns whether LifeStance has violated the federal securities laws and/or engaged in other unlawful business practices. LifeStance is one of the nation's largest providers of virtual and in-person outpatient mental health care for children, adolescents, and adults experiencing a variety of menta

INVESTOR ALERT: Kirby McInerney LLP Announces an Investigation of Shareholder Claims Against LifeStance Health Group, Inc.

Boston, Massachusetts--(Newsfile Corp. - August 12, 2021) - The Thornton Law Firm alerts investors that it is investigating LifeStance Health Group, Inc. (NASDAQ: LFST) for potential securities violations. Investors who currently own shares or options of LFST may contact the Thornton Law Firm's investor protection team by visiting www.tenlaw.com/cases/LifeStance for more information. Investors may also email investors@tenlaw.com or call 617-531-3917. FOR MORE INFORMATION: www.tenlaw.com/cases/LifeStanceOn August 11, 2021, LifeStance Health Group released a disappointing financial...

Thornton Law Firm Announces Investigation Into LFST

SAN DIEGO, Aug. 12, 2021 /PRNewswire/ -- Shareholder Rights Law Firm Johnson Fistel, LLP, is investigating potential claims against LifeStance Health Group, Inc. (NASDAQ: LFST) ("LifeStance " or the "Company") for violations of federal securities laws. On Wednesday, August 11, 2021, LifeStance released its second quarter ended June 30, 2021, financial results, reporting a net loss of $70 million.

(LFST) Alert: Johnson Fistel Launches Investigation into LifeStance Health Group - Stock Price has Plummeted Since IPO; Investors Suffering Losses Encouraged to Contact the Firm

The mental health service provider surprised investors with heavy operating losses.

Why LifeStance Health Group Stock Is Crashing Today

LifeStance Health Group, Inc. (LFST) CEO Michael Lester on Q2 2021 Results - Earnings Call Transcript

SCOTTSDALE, Ariz., Aug. 11, 2021 /PRNewswire/ --  Second Quarter 2021 Highlights Revenue of $160.5 million increased $76.5 million or 91%1 compared to revenue of $38.6 million for the period from April 1, 2020 to May 14, 2020 (Predecessor) and $45.4 million for the period from April 13, 2020 to June 30, 2020 (Successor) Total clinicians of 3,975 up 94% year over year, including 674 net clinician adds in the second quarter Net loss was $70.0 million compared to net loss of $27.6 million for the period from April 1, 2020 to May 14, 2020 (Predecessor) and $4.3 million for the period from April 13, 2020 to June 30, 2020 (Successor) Adjusted EBITDA of $14.5 million increased $4.1 million or 39%1 compared to Adjusted EBITDA of $4.4 million for the period from April 1, 2020 to May 14, 2020 (Predecessor) and $6.0 million for the period from April 13, 2020 to June 30, 2020 (Successor) Successfully completed initial public offering (IPO) on the Nasdaq Global Select Market on June 10, 2021; net proceeds of $548.9 million used to retire debt and for general corporate purposes Established the LifeStance Health Foundation with initial endowment of $10.0 million; announced partnership with The Mental Health Coalition to help end the stigma around mental health conditions and committed $30,000 to the U.S. Olympic & Paralympic Foundation in support of athletes' mental health Initiating 2021 guidance: Revenue of $668 million to $678 million; Center Margin of $198 million to $208 million; Adjusted EBITDA of $47 million to $53 million LifeStance Health Group, Inc. (NASDAQ: LFST), one of the nation's largest providers of outpatient mental health care, today announced financial results for the second quarter ended June 30, 2021.

LifeStance Health Reports Second Quarter 2021 Results

SCOTTSDALE, Ariz. and NEW YORK, July 28, 2021 /PRNewswire/ -- LifeStance Health  (NASDAQ: LFST), one of the nation's largest providers of outpatient mental health care, today announced it has partnered with The Mental Health Coalition.

LifeStance Health And The Mental Health Coalition Partner To End Stigma Around Mental Health Conditions

SCOTTSDALE, Ariz., July 27, 2021 /PRNewswire/ -- LifeStance Health  (NASDAQ: LFST), one of the nation's largest providers of outpatient mental health care, today announced the LifeStance Health Foundation, an organization endowed by LifeStance Health, is donating $30,000 to the U.S. Olympic & Paralympic Foundation in support of athletes' mental health.

The LifeStance Health Foundation Donates To The U.S. Olympic & Paralympic Foundation In Support Of Athletes' Mental Health

SCOTTSDALE, Ariz., July 21, 2021 /PRNewswire/ -- LifeStance Health Group Inc., (NASDAQ: LFST) one of the nation's largest providers of outpatient mental health care, will issue its second quarter earnings release after the market closes on August 11, 2021.

LifeStance Health Announces Second Quarter 2021 Earnings Release

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One of the most devastating long-term impacts of the COVID-19 pandemic may be the toll it has taken on people's mental health. The next global health crisis may be related to mental health issues such as anxiety and depression, and companies that are focused on mental health could be well-positioned to capitalize on the opportunity.

Pandemic Fallout: 6 Mental Health Stocks To Watch

SCOTTSDALE, Ariz., June 22, 2021 /PRNewswire/ --  LifeStance Health, one of the nation's largest providers of outpatient mental health care, today launched its "No Face" campaign shot by iconic photographer Mark Seliger , which was developed to encourage candid conversations about mental health and reduce the stigma around seeking treatment.

LifeStance Health Launches "No Face" Campaign To Destigmatize Mental Health

SCOTTSDALE, Ariz., June 14, 2021 /PRNewswire/ -- LifeStance Health Group, Inc. ("LifeStance Health" or the "Company"), one of the nation's largest providers of outpatient mental health care, today announced the closing of its initial public offering of 40,000,000 shares of its common stock at a public offering price of $18.00 per share.

LifeStance Health Group, Inc. Announces Closing of Initial Public Offering

LifeStance is growing rapidly in a huge and underserved mental disorder market. Organic growth is very impressive, as the company appears to be steering towards break even results.

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