✓ Last verified: April 20, 2026 — Edited & verified by Angelica Bottaro for HealingMaps Editorial Staff
Known For: Fulton Market’s premium ketamine and psychiatry practice offering ketamine, Spravato, and TMS with Medicare and Medicaid acceptance — a rare combination in the luxury wellness space.
| Review Scores | 23 reviews on Yelp with positive feedback |
| Location | Chicago, IL |
| Address | 213 N Morgan Street, Suite 1D, Chicago, IL 60607 |
| Phone | (312) 888-2986 |
| Website | luxurypsychiatryclinic.com |
| Treatments | Ketamine Therapy, Spravato (Esketamine), TMS, Psychiatry, Psychotherapy, Online Therapy |
| Conditions Treated | Treatment-Resistant Depression, Anxiety, Bipolar Disorder, OCD, Chronic Pain, Mood Disorders |
| Cost | $600-$800 per ketamine session |
| Insurance | Accepts Illinois Medicare and Medicaid |
| Clinical Lead | Dr. Michelle Dees, MD |
HealingMaps Take: Luxury Psychiatry Clinic occupies an interesting niche in the Chicago ketamine market: premium care with government insurance acceptance. Located in the heart of the Fulton Market district, the practice offers ketamine therapy, Spravato, TMS, psychiatry, and psychotherapy under the direction of Dr. Michelle Dees. What makes this clinic notable is the acceptance of Illinois Medicare and Medicaid — a rarity among practices that brand themselves as premium. The $600-$800 per session pricing for ketamine is in line with Chicago market rates, and 23 Yelp reviews suggest an established patient base.
Market Position: Luxury Psychiatry Clinic is a Spravato-certified clinic in the Chicago metro. Spravato (esketamine) is the FDA-approved ketamine treatment that most commercial insurance plans cover after prior authorization — unlike cash-pay IV ketamine.
Industry pricing reference. Luxury Psychiatry Clinic’s posted price: $600-$800 per ketamine session. Contact the clinic for any package or sliding-scale options. The calculator above shows metro-level cost estimates across protocols.
| Protocol | Typical Industry Cost | Offered Here |
|---|---|---|
| IV Ketamine | $350–$650/session | — |
| Spravato (esketamine) | $0–$250 copay (insured) | ✓ Yes |
| IM Ketamine | $250–$400/injection | — |
| KAP (with therapist) | $400–$1,200/session | — |
| At-home troches | $150–$300/month | — |
This 4-question summary is matched to the protocols and conditions Luxury Psychiatry Clinic treats. Editorial responses are HealingMaps-authored, grounded in our 2026 Ketamine Clinic Intelligence Report.
Yes — Luxury Psychiatry Clinic offers Spravato, which means they’re FDA REMS-certified and maintain the required two-hour in-office monitoring window after each dose. Spravato is the primary insurance-covered ketamine option for treatment-resistant depression. Worth confirming the prior-authorization timeline before booking your first session.
Luxury Psychiatry Clinic treats depression via Spravato (FDA-approved for TRD). The Spravato pathway is the most likely to obtain commercial insurance coverage. TRD is typically defined as two or more prior antidepressant trials without sufficient response — patients meeting that bar are best candidates here.
Yes — Luxury Psychiatry Clinic treats chronic pain. Common indications include complex regional pain syndrome (CRPS), fibromyalgia, and certain neuropathic pain syndromes. Pain pricing varies significantly by structure: per-infusion vs. multi-day inpatient packages — verify how this clinic structures their billing.
Yes — Luxury Psychiatry Clinic treats anxiety, including generalized anxiety, social anxiety, and panic disorder. The evidence base for ketamine in anxiety is less robust than for depression, but it can be a meaningful option for patients who haven’t responded to SSRIs or benzodiazepines. Worth asking which of their protocols they typically recommend for anxiety-primary patients.
View all REMS-certified Spravato clinics in Illinois and across the United States.
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