✓ Last verified: April 21, 2026 — Edited & verified by Angelica Bottaro for HealingMaps Editorial Staff

Known For: Physician Modern Therapy is a physician-led ketamine clinic in Colorado Springs run by Dr. Edward Cobb, whose background includes work at the FDNY Burn Center and across East Africa. The practice keeps a tight focus on IV ketamine infusions for depression, PTSD, and chronic pain, supplemented by hormone optimization and aesthetic services—all delivered in a modern, well-equipped facility.
| Review Scores | Limited reviews available |
| Location | Colorado Springs, Colorado |
| Address | 730 Cheyenne Blvd, Suite 100, Colorado Springs, CO 80905 |
| Phone | (719) 310-7450 |
| Website | physicianmoderntherapy.com |
| Treatments | IV Ketamine Infusions |
| Conditions Treated | Depression, PTSD, Chronic Pain |
| Cost | Low-cost provider; contact clinic for pricing |
| Insurance | No insurance accepted |
| KAP Available? | No |
| Clinical Lead | Dr. Edward Cobb |
💡 No clinic-specific pricing posted? See our ketamine therapy cost guide for typical pricing ranges by treatment type and insurance pathways.
HealingMaps Take: Physician Modern Therapy appeals to patients seeking a no-frills, physician-led ketamine experience at a competitive price point. Dr. Cobb’s diverse clinical background—from burn care to international medicine—translates into confident IV management. The clinic does not accept insurance or offer ketamine-assisted psychotherapy, so patients looking for integrated therapeutic support will need to coordinate that separately. The compact practice model means scheduling can be tight; arriving on time is strongly encouraged.
Market Position: Physician Modern Therapy treats both depression and PTSD — the two most common ketamine therapy indications, accounting for 34% of HealingMaps patient inquiries.
Industry pricing reference. Physician Modern Therapy has not published specific per-session pricing — contact the clinic directly for a quote. The calculator above shows typical metro-level cost estimates across protocols, not this clinic’s specific prices.
| Protocol | Typical Industry Cost | Offered Here |
|---|---|---|
| IV Ketamine Infusion | $350–$650/session | ✓ |
| Spravato (esketamine) | $0–$250 copay (insured) | — |
| IM Ketamine | $250–$400/injection | — |
| KAP (with integrated talk therapy) | $400–$1,200/session | — |
| At-home oral troches | $150–$300/month | — |
Sources: CDC PLACES 2023 (El Paso County, CO, crude prevalence) · U.S. Census ACS 5 Year · HealingMaps proprietary patient inquiry data.
Behind this data: HealingMaps has analyzed 23,496 patient inquiries (Oct 2022 – Mar 2026), mapped 1,473 verified clinics across 3,142 counties, scraped 132 clinic pricing pages, and collected 658 practitioner survey responses. This snapshot reflects our multi-source methodology.
For patients whose HSA or FSA funds are insufficient, third-party medical financing programs like CareCredit are accepted at a growing share of ketamine clinics — typically offering 6 to 24-month deferred-interest plans on the full acute-series cost of $2,100–$3,000. Source: HealingMaps 2026 Ketamine Clinic Intelligence Report — drawn from 23,496 patient inquiries and 132 clinic website analyses.
This 3-question summary is matched to the protocols and conditions Physician Modern Therapy treats. Editorial responses are HealingMaps-authored, grounded in our 2026 Ketamine Clinic Intelligence Report.
Physician Modern Therapy treats depression via IV ketamine (off-label, evidence-based). Insurance coverage is rare for IV/KAP — most patients pay out of pocket. TRD is typically defined as two or more prior antidepressant trials without sufficient response — patients meeting that bar are best candidates here.
Yes — Physician Modern Therapy treats chronic pain. They use IV ketamine for pain, which typically means longer infusion times and higher cumulative doses than mental-health protocols. 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 — Physician Modern Therapy treats PTSD. Ketamine for trauma differs from depression treatment: dosing is often lower per session, and pairing the protocol with trauma-focused therapy between sessions is common. A reasonable consult question: whether PTSD patients here typically use ketamine alone or alongside an outside therapist.
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