Mental illness is a large and growing crisis that creates a significant burden on the healthcare system. It is estimated that one in five U.S. adults and youths experiences mental illness each year.
The company we are profiling today is LifeStance Health Group Inc. (LFST), a provider of outpatient mental health care that collaborates with primary care and specialist physicians.
As of March 31, 2024, the company employed 6,866 psychiatrists, advanced practice nurses, psychologists and therapists to treat a broad range of mental health conditions, including anxiety, depression, bipolar disorder, eating disorders, psychotic disorders and post-traumatic stress disorder. Revenue is generated on a per visit basis (total revenue per visit ("TRPV")) as clinical services are rendered by the company's clinicians. According to the company, there are over 50 million patients in the United States with a mental health issue that its clinicians could address.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.