Core Insights - The survey indicates that "stressflation" is significantly impacting Americans, with 83% experiencing financial stress due to inflation, mass layoffs, rising living costs, and recession fears, particularly affecting Millennials and Gen Z [1][6] Financial Stress and Mental Health - 60% of respondents reported being deterred from seeking mental health care due to financial constraints, an increase of two percentage points from 2024 [2][6] - Individuals with high financial stress are over twice as likely to forgo mental health treatment due to cost, highlighting a mental health gap exacerbated by financial strain [2][5] Perception of Mental Health Care - 93% of Americans believe mental health care is as important as physical health care, with nearly one-third (30%) considering it more important, especially among younger generations [3][6] - The perception of mental health care's importance is shifting, with Millennials (41%) and Gen Z (37%) leading this view [6] Treatment Accessibility - Nearly half (47%) of respondents skipped therapy sessions due to cost, and financial barriers are disrupting consistent treatment, with rising grocery prices being a significant deterrent [3][10] - The percentage of respondents citing cost as a barrier to seeking mental health care increased from 58% in 2024 to 60% in 2025, with younger generations disproportionately affected [6][10] Therapy Resumption Trends - Respondents are returning to therapy more quickly in 2025 than in the previous year, with 33% resuming within a week after a cost-related break, up from 8% in 2024 [7][10] - The share of respondents going without therapy for at least a month decreased from 71% in 2024 to 56% in 2025, indicating a trend towards maintaining continuity of care despite financial challenges [10]

This AI + healthcare initiative comes at a critical time. In the wake of the COVID-19 pandemic, Canada is facing an unprecedented youth mental health crisis. Recent studies show that nearly 1 in 3 Canadian teenagers are experiencing symptoms of anxiety or depression, with some exhibiting signs of emotional dysregulation and aggression. Long wait times and limited access to qualified professionals have left many without adequate support. Fast Approach aims to address this gap by building AI systems that can ...

SCOTTSDALE, Ariz., May 07, 2025 (GLOBE NEWSWIRE) -- LifeStance Health Group, Inc. (Nasdaq: LFST), one of the nation’s largest providers of outpatient mental healthcare, today announced financial results for the first quarter ended March 31, 2025. (All results compared to prior-year comparative period, unless otherwise noted)Q1 2025 Highlights and FY 2025 Outlook Revenue of $333.0 million increased 11% compared to revenue of $300.4 millionClinician base increased 10% to 7,535 clinicians, a sequential net inc ...