Behavioral Health Business September 11, 2023
Forging relationships with primary care providers is a core building block for LifeStance’s (Nasdaq: LFST) value-based care strategy.
While the outpatient mental health provider has its sights set on value-based care agreements in the future, it could be a slow transition. The move will require more primary care integration and a solid foundation of measurement-based outcomes, LifeStance CEO Ken Burdick said at Morgan Stanley’s Healthcare Conference.
“[Value-based care] is a slow trend. It [was] slow in the physical health space, and it’s certainly lagging behind in the mental health space,” Burdick said Monday at the conference. “Having spent decades on the physical side, it was always so obvious, but moving from fee-for-service to a pay-for-value has been difficult. But I...