2026-10-27 · American Psychiatric Association
Breaking Barriers in Treatment-Resistant Depression with Dr. Michelle Cochran
with Michelle Cochran, MD, Distinguished Fellow of the American Psychiatric Association — American Psychiatric Association

For patients with treatment-resistant depression, finding a therapy that works is only half the battle. Insurance coverage, prior authorization and step therapy rules can keep evidence-based care out of reach. In this episode, we speak with Michelle Cochran, MD, a board-certified psychiatrist, Distinguished Fellow of the American Psychiatric Association, and Fellow of the Clinical TMS Society. She is an internationally recognized expert in Transcranial Magnetic Stimulation (TMS) and treatment-resistant depression (TRD). As former President of the Clinical TMS Society and former Chair of the American Psychiatric Association Caucus on Neuromodulation, she advocated for TMS access through payer negotiations, professional organizations, legislation, and patient legal action. She began her career providing electroconvulsive therapy (ECT), introduced TMS in her practices in 2011, added vagus nerve stimulation (VNS) in 2019, and developed a physician-led, multi-location psychiatric practice in Tennessee. Dr. Cochran serves as President and Chief Medical Officer of Synaptic PSYCH and lectures and consults internationally on advancing evidence-based care for TRD. Dr. Cochran discusses why clinicians need multiple treatment options, how coverage barriers delay recovery for patients and their families, and what lawmakers and payers can do to expand access to mental health care.
Breaking down barriers to treatment-resistant depression care with Dr. Michelle Cochran
Barriers to Treatment-Resistant Depression Care Explored by Dr. Michelle Cochran
In a recent episode of the Health Policy Podcast, Dr. Michelle Cochran, a board-certified psychiatrist and distinguished fellow at the American Psychiatric Association, discussed the challenges faced by patients with treatment-resistant depression (TRD). The episode, hosted by Bryan Hyde, highlighted the complexities of accessing effective care for individuals who do not respond to standard treatments.
Dr. Cochran has dedicated over 16 years to providing innovative treatments for depression and advocating for improved access to care. She has held leadership roles in various organizations, including the International Clinical TMS Society, and has focused on promoting transcranial magnetic stimulation (TMS) and other neuromodulation therapies.
Understanding Treatment-Resistant Depression
TRD is defined as severe depression that has not responded to two or more treatment attempts. Dr. Cochran emphasized the importance of reframing the conversation around treatment failure. "Patients with depression haven't failed the treatments," she said. "The treatments for the depression have failed the patient." This shift in language aims to alleviate the stigma associated with mental health conditions.
Dr. Cochran explained that depression is not a single disease but a cluster of symptoms influenced by various neurobiological mechanisms. Consequently, there is no one-size-fits-all treatment. "We look at all kinds of interventions," she noted, including medications, therapy, and neuromodulation techniques.
Barriers to Accessing Care
One of the major obstacles patients face in accessing effective treatment is insurance coverage. Dr. Cochran pointed out that insurance companies often impose rigid protocols that do not align with clinical guidelines. "They limit access and limit a physician's flexibility to find things that would help with a patient," she said.
These barriers can lead to significant delays in treatment, worsening symptoms, and even hospitalization for patients. Dr. Cochran shared that she has seen patients whose recovery was delayed due to insurance restrictions, resulting in severe consequences, including suicide attempts.
The impact of delayed care extends beyond the individual, affecting families and communities. "Depression is affecting their brain and, therefore, affects the whole body," Dr. Cochran explained. The emotional strain on families can lead to increased healthcare costs, including emergency room visits and disability claims.
The Role of Legislation and Policy
Dr. Cochran emphasized the need for legislative and policy changes to improve access to treatment for TRD. She highlighted the importance of enforcing parity laws that ensure mental health care is treated equally to physical health care. "If we had enforcement on the level of treating cancer, patients would be able to access the things they need," she said.
She suggested that policymakers should focus on the long-term economic benefits of investing in effective treatments. "If we invest here, we can reduce downstream effects," she noted. Dr. Cochran called for aligning commercial and Medicare payer policies to create a more cohesive approach to treatment guidelines.
Optimism for the Future
Despite the challenges, Dr. Cochran expressed cautious optimism about the future of treating TRD. She noted a growing public awareness of mental health issues and a reduction in stigma. Recent legislative efforts in Tennessee have led to reforms in prior authorization processes, indicating progress in addressing these barriers.
In closing, Dr. Cochran reiterated the importance of timely access to evidence-based options for individuals suffering from TRD. "Having the right treatment at the right time is not a luxury; it is just basic healthcare," she said.
The discussion underscores the critical need for continued advocacy and policy reform to ensure that patients with treatment-resistant depression receive the care they need.
Interview Q&A
Q&A: Breaking down barriers to treatment-resistant depression care with Dr. Michelle Cochran
Breaking Down Barriers to Treatment-Resistant Depression Care: A Q&A with Dr. Michelle Cochran
Q: What is treatment-resistant depression (TRD)?
A: Treatment-resistant depression (TRD) refers to severe depression disorders that have not responded to two or more treatments. Patients with TRD often face challenges in finding effective care.
Q: Can you share your background and experience in treating TRD?
A: I am a board-certified psychiatrist and a distinguished fellow of the American Psychiatric Association. I have spent over 16 years providing innovative treatments for depression and advocating for greater access to care, particularly transcranial magnetic stimulation (TMS).
Q: Why is it important for clinicians to have multiple evidence-based treatment options for TRD?
A: Language matters. Patients with depression have not failed the treatments; rather, the treatments have failed them. It is crucial to reframe this perspective to remove guilt and stigma associated with the illness.
Q: Why isn't there a one-size-fits-all treatment for depression?
A: Depression is not a single disease but a cluster of symptoms influenced by various neurobiological mechanisms. Each patient may respond differently to treatments, necessitating a personalized approach.
Q: How do you determine the right treatment for a patient with TRD?
A: A comprehensive evaluation is essential. We assess specific symptoms, severity, past treatment responses, urgency, and patient preferences to match the treatment to their needs.
Q: What are some common barriers patients face when accessing evidence-based treatment?
A: Insurance companies often impose rigid protocols that restrict clinicians' flexibility. These limitations can prevent patients from accessing appropriate treatments.
Q: Have you seen patients whose recovery was delayed due to access issues?
A: Yes, I have seen patients whose symptoms worsened while waiting for treatment. Some have even required hospitalization or faced severe consequences, including suicide attempts.
Q: How do delays in care impact the patient's family and social unit?
A: Delays can affect the entire social unit, leading to emotional strain and increased costs due to more emergency room visits and workplace absenteeism.
Q: What role does legislation and policy play in improving access to treatment?
A: Legislation can help align payer policies with evidence-based guidelines. Improved enforcement of parity laws could enhance access to necessary treatments.
Q: What single policy change would make the biggest difference?
A: Focusing on the long-term value of interventions and aligning payer policies could significantly improve access to effective treatments for patients.
Q: What message would you like policymakers to understand about limiting access to treatments?
A: Limiting access not only affects the patient but also their entire social circle. Delays can lead to severe consequences, including death, and ultimately increase long-term costs.
Q: Are you optimistic about the future of treating TRD?
A: I am cautiously optimistic. There is growing public awareness and some advancements in legislative parity, but much work remains to be done.
Q: What is your key takeaway regarding access to mental health care?
A: Depression is a treatable biological condition, not a personal failure. Patients with treatment-resistant depression deserve timely access to a full spectrum of evidence-based options.
Key takeaways
- “Patients with depression haven't failed the treatments. We would never say to a patient receiving cancer treatment that you've failed chemotherapy.”
- “If we take care of the brain, we take care of the whole body.”
- “Limiting a patient's access to certain treatments doesn't just affect them, it affects their whole group.”
- “The delay in care is what can lead to— it can lead to death.”
- “Depression is a treatable biological condition. It's not a personal failure.”
About the guest

Distinguished Fellow of the American Psychiatric Association — American Psychiatric Association
Michelle Cochran, MD, a board-certified psychiatrist, Distinguished Fellow of the American Psychiatric Association, and Fellow of the Clinical TMS Society. She is an internationally recognized expert in Transcranial Magnetic Stimulation (TMS) and treatment-resistant depression (TRD). As former President of the Clinical TMS Society and former Chair of the American Psychiatric Association Caucus on Neuromodulation, she advocated for TMS access through payer negotiations, professional organizations, legislation, and patient legal action. She began her career providing electroconvulsive therapy (ECT), introduced TMS in her practices in 2011, added vagus nerve stimulation (VNS) in 2019, and developed a physician-led, multi-location psychiatric practice in Tennessee. Dr. Cochran serves as President and Chief Medical Officer of Synaptic PSYCH and lectures and consults internationally on advancing evidence-based care for TRD.
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