Psychology Specialists
Psychology Specialists is a multi-state mental health practice offering therapy, psychiatric medication management, and psychological testing for adults and children, now operating as part of LifeStance Health's national network of approximately 8,300 clinicians across 550 centers.
- Company typePrivate
- Founded2002
- HeadquartersBloomington, United States
- Headcount51–100
- GTM typeB2C
- OfferingServices
What Psychology Specialists does
Psychology Specialists, founded in 2002 and headquartered in Bloomington, Illinois, is a group of clinicians providing diagnostic testing and counseling services for adults and children. The firm operates as part of LifeStance Health, a national mental, behavioral, and emotional wellness platform that employs approximately 8,300 psychiatrists, advanced practice nurses, psychologists, therapists, social workers, and neuropsychologists across roughly 550 centers in 33 states. Psychology Specialists' own footprint includes 44 locations concentrated in Illinois (Bloomington, Chicago, Naperville, Peoria, and other Midwest cities) with extensions into Scottsdale and Chandler, Arizona and Las Vegas, Nevada.
Core offerings span talk therapy (individual, couples, family, and group), psychiatric medication management, comprehensive psychological and neuropsychological testing, and specialty treatments including Spravato (esketamine) and Transcranial Magnetic Stimulation (TMS). Care is delivered in-person at physical centers and through a proprietary telehealth waiting room platform, with modalities including CBT, DBT, EMDR, and faith-based counseling. Patient-facing technology is built around an AdvancedMD-powered patient portal that handles appointment booking, telehealth waiting room access, intake forms, billing, and medical records.
The business model is service-fee-based, billed primarily through insurance (per-session cadence) with self-pay options; enterprise revenue is generated via referral partnerships with physicians and health systems through the Care Access Pathway (CAP) and Integrated Behavioral Health programs. Patient acquisition combines direct-to-consumer channels (online booking, phone intake, content marketing, social media) with B2B referral partnerships. Ownership is private, with LifeStance Health Inc. as the parent entity, and no public ticker, exchange listing, or funding round data is disclosed in the source.
Psychology Specialists firmographics
Firmographics- Name
- Psychology Specialists
- Legal name
- LifeStance Health Inc.
- Website
- https://psychologyspecialists.com
- Company type
- Private
- Founded year
- 2002
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Psychology Specialists is a multi-state mental health practice offering therapy, psychiatric medication management, and psychological testing for adults and children, now operating as part of LifeStance Health's national network of approximately 8,300 clinicians across 550 centers.
- Ownership category
- akta.pro rank
Psychology Specialists industry classification
Industry- Product category
- Mental Health Services
- NAICS
- Offices of Physicians, Mental Health Specialists (621112), Offices of Mental Health Practitioners (except Physicians) (621330)
- SIC
- Services-Specialty Outpatient Facilities, Nec (8093), Services-Offices & Clinics Of Doctors Of Medicine (8011)
- akta.pro primary industry
- Outpatient Mental Health Clinics & Counseling Centers (HLAFACAA)
- akta.pro secondary industries
- Psychiatry & Medication Management Platforms (HLALAEAB), Neurodevelopmental & Behavioral Therapy Platforms (ADHD/Autism/Behavioral Coaching) (HLALAEAJ)
Keywords
Where Psychology Specialists is headquartered
LocationHeadquarters
- HQ city
- Bloomington
- HQ country
- United States
- HQ region
- North America
Offices44 records
Markets served
Psychology Specialists business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D
Revenue model
- Mental Health Services Revenue: LifeStance Health generates revenue through providing mental health services including therapy, psychiatry, medication management, and psychological testing. Services are billed to insurance providers and patients directly. The company accepts insurance and offers self-pay options.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Per session | Insurance-based mental health services |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels5 records
Psychology Specialists product offering
Product offeringCore offering
Psychology Specialists provides outpatient mental health services including talk therapy (individual, couples, family, and group), psychiatric medication management, comprehensive psychological and neuropsychological testing, online/telehealth therapy, and specialty treatments such as Spravato and TMS. Services are delivered by licensed clinicians across in-person centers and a telehealth platform, billed through insurance or self-pay, and targeted at children, adolescents, adults, couples, and families.
Product overview
LifeStance Health (formerly Psychology Specialists) is a mental, behavioral, and emotional wellness platform offering a unified portfolio of mental health services. The core offerings include Talk Therapy (individual, couples, family, and group therapy), Medication Management (psychiatric services), Psychological Testing & Evaluation, and Online Therapy Services (telehealth). Specialty treatments include Spravato and TMS. Services are delivered through a network of approximately 550 centers across 33 states by approximately 8,300 psychiatrists, advanced practice nurses, psychologists, and therapists. Patient-facing digital tools include an online booking system and telehealth waiting room.
Differentiator
Problem solved
Functional benefit
Products and services
- Talk Therapy
Companies that use Psychology Specialists
Customer profileSegments5 records
Ideal customer profiles4 records
Psychology Specialists technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Psychology Specialists partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Psychology SpecialistscorePsychology Specialists, a mental health provider group, was acquired and is now operating under the LifeStance Health brand. Psychology Specialists locations in Illinois, Arizona, and Nevada continue to serve patients as part of the LifeStance Health network.
Scale indicators3 records
Recent moves7 records
Expansion highlights5 records
Psychology Specialists competitors and assessment
Company assessmentBroad incumbents
- LifeStance Health: National outpatient mental health platform operating ~550 centers across 33 states with 8,300 clinicians; Psychology Specialists is now a regional unit within this network, making the parent the most direct structural peer.
Direct peers
- Talkiatry: In-network psychiatry group providing medication management and therapy via in-person and telehealth across multiple states; overlaps with Psychology Specialists' psychiatric and therapy services for adults and adolescents.
- Headway: Platform-enabled mental health network that supports independent therapists and psychiatrists with insurance billing and patient referrals; directly comparable GTM and clinician-network model.
- Two Chairs: Outpatient therapy practice combining in-person clinics with telehealth, focused on matching clients to specialty therapists; comparable in delivery model and therapy-led service mix.
- SonderMind: Mental health provider network delivering therapy and psychiatry across multiple states via in-person and virtual care; directly competes for clinicians and patients in overlapping geographies.
- Octave: Outpatient behavioral health practice offering therapy, psychiatry, and couples/family services in clinics plus virtual care; closely comparable service portfolio and patient segments.
- Lyra Health: Employer-sponsored mental health benefit provider with in-person and virtual therapy plus psychiatry; comparable enterprise GTM motion alongside therapy/psychiatry services.
- Spring Health: Employer and health-plan mental health benefit platform combining provider matching, therapy, psychiatry, and digital tools; relevant enterprise-payor peer.
Emerging players
- Talkspace: Direct-to-consumer and B2B teletherapy and psychiatry platform; overlaps with Psychology Specialists' telehealth arm and therapy services, though delivered entirely virtually.
- Cerebral: Telehealth mental health provider offering therapy and medication management for anxiety, depression, ADHD and insomnia; partially overlaps with Psychology Specialists' therapy and psychiatry services via a virtual-first model.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Psychology Specialists social profiles
Digital presencePsychology Specialists financial estimates
Financial estimateRevenue estimate
Valuation estimate
Psychology Specialists leadership team
Management profileNumber of profiles
Psychology Specialists funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Psychology Specialists M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Psychology Specialists
What does Psychology Specialists do?
Psychology Specialists provides outpatient mental health services including talk therapy (individual, couples, family, and group), psychiatric medication management, comprehensive psychological and neuropsychological testing, online/telehealth therapy, and specialty treatments such as Spravato and TMS. Services are delivered by licensed clinicians across in-person centers and a telehealth platform, billed through insurance or self-pay, and targeted at children, adolescents, adults, couples, and families.
Is Psychology Specialists a public or private company?
Psychology Specialists is a private company. It is classified as corporate owned and is currently operating.
When was Psychology Specialists founded?
Psychology Specialists was founded in 2002. It employs 51 to 100 people.
Where is Psychology Specialists based?
Psychology Specialists is headquartered in Bloomington, United States, in the North America region.
How does Psychology Specialists make money?
One revenue line is on record: mental Health Services Revenue.
Who are Psychology Specialists's main competitors?
LifeStance Health is listed as a broad incumbent. Direct peers are Talkiatry, Headway, Two Chairs, SonderMind, Octave, Lyra Health and Spring Health. Emerging players are Talkspace and Cerebral.
Does Psychology Specialists have an API?
No public API is recorded for Psychology Specialists.
What industry is Psychology Specialists in?
Psychology Specialists's product category is Mental Health Services. Its primary akta.pro industry code is HLAFACAA, Outpatient Mental Health Clinics & Counseling Centers, with a secondary code of HLALAEAB, Psychiatry & Medication Management Platforms. Its NAICS code is 621112 and its SIC code is 8093.