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Dr. Katherine Tharp, MD

Psychiatry physician, Waco, TX

Balance Psychiatry and Wellness

Dr. Tharp is a board certified psychiatrist who founded Balance Psychiatry and Wellness and serves adults in Waco and virtually.

215 South Second Street, Suite 303, Waco, TX 76701
At a glance
Insurance
Participates with Aetna, BCBS, Cigna, United Healthcare, Oxford and Oscar
Board certification
Psychiatry, American Board of Psychiatry and Neurology
Telehealth
Virtual care in Texas and South Carolina
Initial appointment
$450 for cash-pay or out-of-network patients

Facts on this page last checked October 2026. How we check doctors

About Dr. Tharp

Dr. Tharp founded Balance Psychiatry and Wellness. She is board certified in psychiatry by the American Board of Psychiatry and Neurology. She is also a Menopause Society Certified Practitioner.

She earned her medical degree at Texas A&M Health Science Center College of Medicine and holds a master's degree in counseling psychology. She completed her psychiatry residency at Baylor Scott and White Healthcare in Temple, Texas. She spent four years in the U.S. Air Force as a staff psychiatrist in a large outpatient group practice.

She was promoted to Medical Director of that clinic, overseeing psychiatrists, psychiatric nurse practitioners, psychologists and licensed clinical social workers. She has also worked in inpatient units, psychiatric emergency departments, private hospitals, crisis centers and outpatient clinics. She has trained medical students and psychiatry and family medicine residents.

Dr. Tharp provides psychiatric medication management for adults in Waco and virtually throughout Texas and South Carolina. She has wide experience seeing patients in person and by telepsychiatry. Early in training, she realized that the quality of her relationship with patients matters greatly for treatment outcomes.

Her style includes biological, psychological and lifestyle interventions.

Membership and fees

Self-pay fees for cash-pay or out-of-network patients are $450 for an initial appointment of 45 to 55 minutes, $200 for a follow-up med-check of 20 to 25 minutes and $400 for an extended follow-up med-check of 50 to 55 minutes.

Dr. Tharp participates with Aetna, BCBS, Cigna, United Healthcare, Oxford and Oscar, and the practice is out of network for other insurance.

Education and credentials

Degree
MD, master's in counseling psychology
Medical school
Texas A&M Health Science Center College of Medicine
Residency
Psychiatry, Baylor Scott and White Healthcare, Temple, Texas
Board certification
Psychiatry, American Board of Psychiatry and Neurology
Other certification
Menopause Society Certified Practitioner

Hospital and practice affiliations

Founder, Balance Psychiatry and Wellness

Location

215 South Second Street, Suite 303, Waco, TX 76701
Balance Psychiatry and Wellness practice page
Directions

Recognition and research

Teaching and research roles

Has trained medical students and psychiatry and family medicine residents.

Patient reviews

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Questions patients ask

Does Dr. Tharp take insurance?

Dr. Tharp participates with Aetna, BCBS, Cigna, United Healthcare, Oxford and Oscar. Balance Psychiatry and Wellness is currently out of network except for those insurances.

How much does a self-pay visit at Balance Psychiatry and Wellness cost?

For cash-pay or out-of-network patients, an initial appointment of 45 to 55 minutes is $450. A follow-up med-check of 20 to 25 minutes is $200, and an extended follow-up of 50 to 55 minutes is $400.

Is Dr. Tharp board certified?

She is board certified in psychiatry by the American Board of Psychiatry and Neurology.

Where did Dr. Tharp train?

She earned her medical degree at Texas A&M Health Science Center College of Medicine. She completed her psychiatry residency at Baylor Scott and White Healthcare in Temple, Texas.

Does Dr. Tharp offer telehealth?

The practice offers in-person and virtual options in Texas and South Carolina.

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