LifeStance Health

LifeStance Health operates one of the largest outpatient mental healthcare networks in the U.S., providing both in-person and telehealth services for a wide range of psychiatric and psychological conditions. The company employs over ~7,400 clinicians across more than ~550–600 centers in at least 33 states. Over two-thirds of appointments are delivered virtually. The company has grown rapidly through acquisitions but has faced financial losses ($187 million net loss in FY2023) and legal controversies related to labor practices and data privacy. No traditional clinical trial results apply as it provides care rather than develops drugs or devices.