Inside STAT: Eyeing an IPO, Hims expands further into virtual mental health care

(ADOBE)

San Francisco-based Hims and Hers — which rose to popularity offering medications for hair loss and erectile dysfunction and women's health products — is now venturing into mental health care. The company is rolling out a feature to connect people with providers who can help prescribe medications for common mental health conditions. The new service — which will soon include individual talk therapy and is part of a broader push into telemedicine — may position the company well as it considers going public with a potential $1 billion valuation. STAT Plus subscribers can read more in an exclusive report from STAT's Erin Brodwin.