Spravato® Billing Services That Save You Time, Money, and Headaches

In the fast-moving world of mental health treatments, Spravato® (esketamine) has emerged as a life-changing option for patients with treatment-resistant depression. But for providers, the complex billing, prior authorization, and compliance requirements can quickly become overwhelming—and costly—if not managed with precision.

That’s where Finnastra steps in. Our Spravato® Billing Services are designed to simplify your workflow, prevent costly errors, and accelerate reimbursements—freeing you to focus entirely on patient care.

The Hidden Cost of In-House Billing

Even the most skilled in-house billing teams can struggle with Spravato® claims because the rules are unlike traditional outpatient billing. Here’s what we often see before practices switch to Finnastra:

• Delayed payments because of incorrect use of G2082 vs. G2083
• Claim denials from missing or outdated prior authorization requirements
• Underpayment due to improper documentation of in-office monitoring time
• Compliance risk if REMS and payer guidelines are not followed precisely

According to industry data, up to 20% of specialty treatment claims are either underpaid or denied on the first submission. For a clinic treating just 10 patients weekly with Spravato®, that could mean $120,000+ in lost revenue annually.

How a Leading Spravato® Billing Company Like Finnastra Solves These Problems

When you work with a dedicated Spravato® Billing Company like Finnastra, you get more than just claim submission—we handle the entire revenue cycle from eligibility to collections, ensuring every dollar is captured.

Our process includes:

1. Pre-Treatment Eligibility Checks
   We verify benefits and coverage specifics before a single dose is administered. This eliminates last-minute surprises for both you and your patient.
2. Prior Authorization Mastery
   As Spravato® requirements change, our team stays ahead, ensuring prior auths are approved quickly and documented correctly to prevent denials.
3. Precise Coding & Documentation
   Our coders specialize in Spravato®, so modifiers, time documentation, and codes like G2082 and G2083 are always applied accurately.
4. Accelerated Reimbursements
   By reducing claim rejections and resubmissions, we consistently help clients get paid 30–40% faster than industry averages.
5. Audit-Proof Compliance
   We maintain detailed, payer-specific documentation to protect your practice during audits—something most general billing teams overlook.

The ROI of Partnering With Finnastra

Our clients routinely see:

• 98% first-pass claim approval rate (vs. the 80–85% industry average)
• 20–30% revenue increase in the first 90 days of partnership
• Reduction in administrative workload for clinical staff by up to 50%

When you factor in reduced staffing needs, faster reimbursements, and fewer compliance headaches, our Spravato® Billing Services more than pay for themselves.

Real-World Example

A multi-location behavioral health practice came to Finnastra with a 78% claim approval rate and $250,000 in outstanding Spravato® claims. Within 4 months:

• Approval rate increased to 98%
• AR days dropped from 54 to 19 days
• Outstanding claims reduced by 92%

This wasn’t magic—it was specialized knowledge applied consistently.

Expanding Beyond Spravato®

While Spravato® is our specialty, many clients also leverage our expertise as a TMS Billing Company and Ketamine Billing partner—giving them a single point of contact for all high-value mental health treatment billing.

Your Time, Money, and Peace of Mind—Protected

Spravato® can transform your patients’ lives. But without the right billing partner, your practice risks losing time, revenue, and compliance security.

As a leading Spravato® Billing Company, Finnastra ensures your billing is not just handled—but handled right.

Let’s talk about how we can improve your Spravato® billing performance. Contact Finnastra today.