By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Health Works CollectiveHealth Works Collective
  • Health
    • Mental Health
    Health
    Healthcare organizations are operating on slimmer profit margins than ever. One report in August showed that they are even lower than the beginning of the…
    Show More
    Top News
    What Are the Benefits of CBD?
    November 27, 2021
    How to Measure Adult Diapers- The Ultimate Guide to Picking the Right Size
    March 8, 2022
    medicine cabinet
    The Effect Of Finished Dosage Form Manufacturing In New Drugs
    July 5, 2022
    Latest News
    6 Essential Strategies for Improving Your Medical Practice
    January 25, 2023
    Staying Positive While Living with Mesothelioma
    January 24, 2023
    The Many Health Benefits of Being Outdoors
    January 17, 2023
    How to Assess a Safe Placement of a Nasogastric or Nasoenteric Tube and Its Complications
    January 19, 2023
  • Policy and Law
    • Global Healthcare
    • Medical Ethics
    Policy and Law
    Get the latest updates about Insurance policies and Laws in the Healthcare industry for different geographical locations.
    Show More
    Top News
    Who Will Save the Independent Physicians?
    February 2, 2013
    Image
    Caring For Chronic Illnesses Should Be Different
    May 26, 2013
    hospital bureaucracy
    Don’t Let Paperwork Get in the Way of Your Work’s Purpose
    September 25, 2013
    Latest News
    Simplifying the Genetic Testing Process: How At-Home Kits are Changing the Game
    January 25, 2023
    9 Hospitals That Have Introduced Green Initiatives
    January 25, 2023
    Why a Health Retreat Can Be the Best Medicine
    January 12, 2023
    Best Money-Saving Tips for Health Managers
    January 12, 2023
  • Medical Innovations
  • News
  • Wellness
  • Tech
Search
© 2023 HealthWorks Collective. All Rights Reserved.
Reading: Psychable Explains How Much Ketamine Therapy Costs
Share
Sign In
Notification Show More
Latest News
ABA therapist
Everything You Need to Know About Applied Behavior Analysis
Health
Small Lifestyle Changes That Can Have A Big Impact On Your Well-Being
lifestyle Wellness
The Future Of Medicine: How Immunotherapy Is Saving Lives
The Future Of Medicine: How Immunotherapy Is Saving Lives
Technology
medical practice and technology advancement
6 Essential Strategies for Improving Your Medical Practice
Technology
digital dental x-ray
How Does A Digital Dental X-Ray Work?
Dental health
Aa
Health Works CollectiveHealth Works Collective
Aa
Search
Have an existing account? Sign In
Follow US
  • About
  • Contact
  • Privacy
© 2023 HealthWorks Collective. All Rights Reserved.
Health Works Collective > Policy & Law > Global Healthcare > Psychable Explains How Much Ketamine Therapy Costs
Global HealthcareHealth careUncategorized

Psychable Explains How Much Ketamine Therapy Costs

Annie Qureshi
Last updated: 2021/05/13 at 5:24 PM
Annie Qureshi
Share
5 Min Read
Ketamine Therapy
Shutterstock Licensed Photo - By chrupka | stock vector ID: 1286445538
SHARE

Ketamine is one of the most significant recent breakthroughs in mental health care — but it doesn’t always come cheap.  Psychable is an online community that provides education and connects people to psychedelic-friendly doctors, therapists and coaches who can support them, including Ketamne professionals. Psychable’s site hosts a wealth of evidence-based research, has an engaged and passionate online forum, and a professional directory powered by ratings and reviews. Keep reading to learn how much ketamine can cost and how to find accessible ketamine.

Contents
How Much Does Ketamine Cost?Barriers to Entry and Final Thoughts

Originally discovered in 1956 and approved in 1970 as an anesthetic agent derived from phencyclidine, ketamine made a name for itself as an anesthetic used on the battlefields of Vietnam. Because ketamine maintains hemodynamic stability or stable blood flow, it’s a safe option in trauma settings.

Ketamine is even listed on the World Health Organization Model List of Essential Medicines. It is still used regularly in emergency rooms and trauma settings as an anesthetic and pain-reliever.

More recently, in addition to surgical use, ketamine is being used for mental health conditions such as treatment-resistant depression, PTSD, suicidal thoughts, and more.

More Read

technology innovation in healthcare

5 Ways New Technology is Revolutionizing Health

Are your Health Workers Properly Protected?
Maximizing Outcomes Through Effective Patient Engagement Strategies
Dr. James Murtagh Tackles Pulmonary and Other Diseases
How to Get Prescriptions Online Reliably and Cost-Effectively

In 2019, ketamine was FDA approved for treatment-resistant depression (TRD) in the form of a nasal spray called Spravato (esketamine). Generic ketamine, or racemic ketamine, is also being used off-label, primarily through infusions and lozenges. These also treat depression, as well as PTSD, suicidal ideation, chronic pain, and more.

In particular, ketamine shows fast-acting results for treatment-resistant depression, However, the price of ketamine therapy isn’t cheap and is rarely covered by insurance. As a result, the promise that ketamine therapy can provide can be dampened by the financial barriers to access.

How Much Does Ketamine Cost?

Generic ketamine is a mixture of two mirror-image molecules, “R” and “S” ketamine. The nasal spray Spravoto isolated the “S” molecule (esketamine) to make their product patentable. Spravato can cost from $590 to $885 per treatment session. Insurance companies sometimes cover Spravato because it is FDA-approved. Spravato offers resources to help determine if one’s insurance covers it.

“Generic ketamine costs less that one-tenth of esketamine’s prices,” explains Jemie Sae Koo, Psychable CEO and Co-Founder. “In an effort to make the drug accessible to more patients, some compassionate doctors will work with a compounding pharmacy to create an off-label ketamine nasal spray or lozenge at a lower price point.”

However, insurance companies do not cover the costs of off-label treatment. Most of the research on ketamine for depression is on infusions. While effective, they can cost between $400 to $2,000 per treatment. Considering the standard starting regimen for ketamine infusions is six treatments over the course of an initial treatment, that alone can cost patients upwards of $6,000. Some treatment centers and doctors will work with patients on a sliding scale or installment plan. 

“Ketamine therapy using lozenges is typically much more affordable than infusions, but certainly doesn’t work in all situations,” says Matt Zemon, Psychable Chief Strategy Officer and Co-Founder. “Talk with your doctor and shop around for the practitioner and price that is right for you. Also, consider reading the “Ethical Guidelines for Ketamine Clinicians” that Dr. Wesley Ryan and Dr. Raquel Bennett wrote”.

Barriers to Entry and Final Thoughts

Ketamine is also a popular party drug. Recreational ketamine costs roughly $20-$25 per unit. Understandable financial roadblocks may lead people to resort to obtaining ketamine illegally. One should know that when abused, studies show ketamine can cause symptoms including bladder problems, ureteric obstruction, papillary necrosis, and hepatic (liver) dysfunction. There is also the risk of purchasing adulterated ketamine.

While Psychable does not shame anyone for their choices, they encourage people to only use ketamine under medical supervision, as substances obtained illicitly can contain adulterants or lead to dependence. “One cannot in good conscience suggest that people create their own ketamine nasal spray or self-medicate as the risks for abuse, negative side effects, and unsatisfactory results are too great,” said Jemie Sae Koo.

Until more affordable ketamine treatments become available, the best bet is to seek out a reputable clinic that is willing to work with your budget.

TAGGED: Ketamine Therapy

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Annie Qureshi May 10, 2021
Share this Article
Facebook Twitter Copy Link Print
Share
Previous Article successful traits for a career in nursing 6 Extremely Important Traits the Modern Nurse Needs to Have
Next Article online counseling How Is Remote Therapy Helping Patients During the Covid-19 Pandemic?

Stay Connected

1.5k Followers Like
4.5k Followers Follow
2.8k Followers Pin
136k Subscribers Subscribe

Latest News

ABA therapist
Everything You Need to Know About Applied Behavior Analysis
Health January 26, 2023
Small Lifestyle Changes That Can Have A Big Impact On Your Well-Being
lifestyle Wellness January 26, 2023
The Future Of Medicine: How Immunotherapy Is Saving Lives
The Future Of Medicine: How Immunotherapy Is Saving Lives
Technology January 26, 2023
medical practice and technology advancement
6 Essential Strategies for Improving Your Medical Practice
Technology January 25, 2023

You Might also Like

at-home genetic testing method kits
Global Healthcare

Simplifying the Genetic Testing Process: How At-Home Kits are Changing the Game

January 25, 2023
benefits of going on a health retreat
Global HealthcareHealth

Why a Health Retreat Can Be the Best Medicine

January 12, 2023
saving money in healthcare
BusinessGlobal HealthcareHospital Administration

Best Money-Saving Tips for Health Managers

January 12, 2023
HR staff must deal with divisive views in healthcare
BusinessGlobal HealthcareHospital AdministrationPolicy & Law

HR Must Navigate Polarizing Views in Healthcare Workplaces

January 4, 2023
  • About
  • Contact
  • Privacy
Subscribe

Subscribe to our newsletter to get our newest articles instantly!

Follow US

© 2008-2023 HealthWorks Collective. All Rights Reserved.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?