HOW TO PRICE PRP TREATMENTS?

You’ve done your research and selected the optimal system for creating a pure Platelet-Rich Plasma (PRP) with Plymouth Medical. Your staff is trained on proper centrifugation techniques, well-versed in the basic science of PRP and now your team is ready to apply this cutting-edge treatment for your patients. 

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The first question usually asked by a prospective patient considering PRP is, “How much will this cost me?” Make sure to consider your response as thoughtfully as you did when implementing a PRP program in your practice.

The short answer is: It varies depending on the treatment and your geographic market. In general, pricing will be around the following for one treatment:

  • $750 - $1500 for musculoskeletal injections

  • $500 - $1250 for esthetic injections (including hair restoration) 

  • $1000 - $1500 for sexual rejuvenation 

Determining the best price for PRP treatments depends on a variety of factors including: 

  • Application of PRP for esthetic or musculoskeletal treatments 

  • Local market and socioeconomic factors

  • The complexity of the program’s protocols. 


Based on a 2020 cost-analysis review of Level I randomized controlled trials, the ideal price to cover the cost of materials while still being cost-effective to the patient is around $1,200. This review was done mostly for PRP use in treating MSK indications. This would be the total cost to the patient over a 12-month period including:

  • Office visits

  • PRP treatment injection

  • Additional materials provided to the patient (such as wound care supplies, informational pamphlets, and pre- or post- follow-up calls). 


Your next question may pertain to commercial health insurance plans, coverage, and reimbursement rates. As of now, the PRP is only covered (Medicare, some commercial health insurances) for non-healing diabetic foot ulcers. PRP for esthetic and other orthopedic applications are typically provided to patients as cash-pay procedures or workman’s compensation.

 

You can consider implementing a healthcare financing program such as Care Credit to help your patients more easily access PRP as a treatment option.

Jan 2021