Fed Rate Cuts Contribute to Increasingly Sunny Outlook for Behavioral Health

Behavioral health has had a series of small but laudable wins in the last few weeks. The Biden administration finalized new parity rules. Drug overdose deaths are on the decline. The Federal Reserve cut interest rates. And Fed observers are predicting additional rate cuts, too. Be still my nerdy behavioral health industry-observer heart: That’s quite […]

Mental Health Rollups Set New Record in Q1 2022

Merger and acquisition activity in the mental health space hit a sequential all-time high in the first quarter of the year. At least 26 mental health deals closed in the first three months of 2022, nearly doubling the previous record high of 16 set in the fourth quarter of 2021, according to data from the […]

LifeStance Makes IPO Debut, Reaches Valuation of Nearly $7.9B

LifeStance Health Group (Nasdaq: LFST), which less than a month ago announced its intention to go public, officially opened for trading Thursday, closing its first day at $21.90 per share. The debut of the Scottsdale, Arizona-based outpatient mental health provider on the Nasdaq was positive, as its stock price rose from its initial public offering […]

Movers & Shakers: LifeStance Fills New C-Suite Role; Ashley Addiction Treatment Hires VP of Engagement

LifeStance Health creates, fills new C-Suite position LifeStance Health, a private equity-backed outpatient behavioral health provider, has named Felicia Gorcyca as its first chief people officer. Gorcyca comes to LifeStance Health from TPG Capital — a Dallas-based private equity company that backs LifeStance alongside Summit Partners and Silversmith Capital Partners — where she was an […]