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LFST

LifeStance Health Group, Inc.

Sector: healthcareMedical - Care FacilitiesNASDAQMarket Cap: $2.78B

Virtual mental health platform with minimal direct government dependence or political engagement, operating in a lightly regulated telehealth segment.

Govt Dependence
25/100
Regulatory Density
35/100
Lobbying Intensity
5/100
Political Signal
LOW

BusinessWhat LFST does

LifeStance Health operates a virtual mental health platform connecting patients with psychiatrists, therapists, and nurse practitioners via telehealth. Revenue derives primarily from patient copays, insurance reimbursements, and employer contracts. The company operates in the growing virtual behavioral health market with limited direct Medicare/Medicaid exposure relative to traditional healthcare providers.

Lifetime Government AwardsLFST federal contracts

LFST doesn't hold direct federal contracts.

Verified via USASpending.gov: $0 reported in direct prime-contract awards. Companies in this position typically sell federal services indirectly through prime contractors and integrators (e.g., Lockheed Martin, Booz Allen, Microsoft Azure) or through commercial channels that don't appear in USASpending data.

Smart Money · 13F HoldingsHedge funds holding LFST

$203.5M
Total LFST held by tracked 13F funds
31
Funds with LFST positions
+31
Funds opened this quarter
Millennium Management $40M opened 2024-12-31
Millennium Management $39M opened 2025-03-31
Millennium Management $26M opened 2025-06-30
Millennium Management $12M opened 2025-12-31
Millennium Management $9M opened 2024-09-30
Millennium Management $8M opened 2025-09-30
Renaissance Technologies $8M opened 2025-03-31
Renaissance Technologies $7M opened 2025-06-30
23 more 13F positions tracked · quarterly delta charts available in member dashboard

Corporate Insiders · Form 4What CEOs, CFOs, and directors are doing with their own stock

No Form 4 activity recorded in the last 180 days.

Bills to WatchLegislation flagged by our analysis

Mental Health Parity and Addiction Equity Act enforcementTelehealth coverage expansion under MedicareState telehealth licensing reciprocity bills

Political ProfileWhere LFST sits in Washington

LifeStance has no measurable lobbying footprint, zero politician trades, and no named legislative winners/losers. Stock movement driven primarily by operational metrics (patient acquisition, reimbursement rates, profitability) rather than political events.

Regulatory ExposureThreats & opportunities

Regulatory threats

  • State-by-state telehealth licensing restrictions
  • Insurance reimbursement rate pressure
  • DEA prescribing authority limitations for controlled substances

Regulatory opportunities

  • Medicare telehealth coverage permanence
  • Mental health parity enforcement expansion
  • Employer mental health benefit mandates
Member intelligence layer

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Frequently AskedAbout LFST & political exposure

Does LifeStance Health Group, Inc. (LFST) hold federal contracts?
No direct prime contracts reported in USASpending.gov for LifeStance Health Group, Inc.. Companies in the semiconductor and AI hardware sectors often sell to the federal government via prime contractors and cloud resellers (Microsoft Azure, AWS, Lockheed Martin systems integration) rather than as direct primes.
What is LFST political risk profile?
Government dependence: 25/100. Lobbying intensity: 5/100. Political signal: low.
How does GovGreed track LFST political activity?
GovGreed integrates STOCK Act congressional trade disclosures, FEC contributions, OGE executive-branch disclosures, USASpending federal contracts, Senate LDA lobbying filings, and SEC Form 4 corporate insider trades into a single queryable graph. LFST data is updated daily from these official federal sources.