Rob [Unknown Last Name]'s questions to LifeStance Health Group Inc (LFST) leadership • Q3 2024
Question
Rob, asking for Brian Tanquilut, questioned if the implied Q4 center margin is a good run rate for the business over the next year. He also asked for the company's outlook on the permanent extension of Medicare telehealth reimbursements by Congress.
Answer
CFO David Bourdon projected minimal overall margin expansion in 2025, anticipating some pressure on center margin from flat revenue per visit and higher clinician costs, which would be offset by G&A leverage. CEO Ken Burdick expressed high confidence that telehealth reimbursements will be sustained, citing broad recognition of the need for mental health access.