Trouble getting your Spravato treatment paid?
End to end solution for a profitable Spravato business
Practolytics has the right solution for Spravato reimbursements! We are the largest billing company who can provide this service and we work with the best of the best clinics in the US.
What is SPRAVATO®?
SPRAVATO® is the first new drug approved for depression by the Federal Drug Administration (FDA) in decades. SPRAVATO® is especially designed for those suffering from Treatment Resistant Depression (TRD). If you are currently diagnosed with depression and have not responded well to at least two different oral antidepressants, you may qualify for SPRAVATO®.
We offer a complete software solution for your SPRAVATO® billing needs. Our strategic relationships with both AdvancedMD and Osmind give you the cut above practice management and EHR technology and the cost is absorbed by us! Our software solution includes support, training and customization to meet your specific needs.
Billing and Collection Solution
Our goal is to make your practice completely profitable, with total transparency. Practolytics keeps abreast of the shifting sands of accurate Current Procedural Terminology (CPT) code usage regarding the billing criteria, and other requirements for reimbursable Spravato claims.
We promise the below, in our association:
Spravato® - Specific Consulting
For maximum reimbursements in your SPRAVATO® practice, we will work with you to develop clinical protocols in line with payer requirements for reimbursable Prolonged E/M Services. We will review denials and author appeals to put payers on notice of practice compliance with published criteria. We will also keep updating in terms of accurate CPT code usage for Prolonged E/M Service billing. Also, we will guide you on when it is beneficial to avail the Janssen Buy & Bill program to maximize your revenue potential.
What’s in store for you?
Here is an exciting offer for all new customers!
For new customers that get onboarded this month, Practolytics is offering following services for free ($10,000 value):
Contact us for an end to end Spravato billing solution
FAQs about Spravato®
Will Practolytics be doing the Eligibility & Benefits and Pre-Authorization process during Spravato billing?
Yes, Practolytics does Eligibility and Benefits to ensure right patient gets enrolled in Spravato REMS program. We will help you to obtain the Pre-Authorization within 4-5 business days after practice consent.
Does Practolytics deal with the Janssen Buy & Bill program?
Yes, we will guide you on when it is beneficial to avail the Janssen Buy & Bill program to maximize your revenue potential.
How do you ensure that the correct CPT codes are used?
Practolytics helps you in coding the treatment as per the guidelines of evaluation and management services. Codes are implemented specific to the patient’s condition and services provided. The requirements of the Insurance payer and local payment policies are adhered to as well.
Do you provide access to any EHR and PMS system?
Practolytics provides access to the cut above Practice Management and EHR technology and the cost is absorbed by us. We help you with the software support, training and customization to meet your specific needs.
Is there any periodic reporting done to have control on the processes?
Practolytics does weekly reporting of denials with coordinated follow – ups and attorney oversight of appeals. 30+ AR reporting is done which enables to identify, analyze and make corrections of aging receivables, for rebill. Any additional customized reporting is also provided as per your specific needs.
Read to know about setting up a Spravato clinic, certifications required, how to do the credentialing process, criteria of selecting a billing company and the overall planning and execution.
Are you having trouble getting your Spravato treatment paid? Here are the 5 reasons why to choose Practolytics for your Spravato billing.
If you have trouble getting your Spravato treatment paid, we are here to help you out. Check out our e brochure which gives you a snapshot of how to find the best Spravato billing solution.
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