MSP Recovery, Inc.
NASDAQ Global MarketCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- John H. Ruiz
- Full Time Employees
- 88
- Sector
- Healthcare
- Industry
- Medical - Healthcare Information Services
- Address
- 2701 South Le Jeune Road Coral Gables FL United States of America 33134
- IPO Date
- Oct 21, 2020
- CIK
- 0001802450
- Website
- msprecovery.com
- Similar Companies
- Business
- MSP Recovery, Inc. (NASDAQ: MSPR; formerly LIFW), doing business as LifeWallet, operates as a healthcare recovery and data analytics company focused on Medicare, Medicaid, commercial, and secondary payer reimbursement recovery in the United States and Puerto Rico. The company identifies and recovers improper payments made by health insurers using proprietary technology, data analytics, and over 1,400 algorithms to detect waste, fraud, and abuse in historical medical claims data; it offers claims recovery services to related parties and third parties pursuing recovery rights; and provides the LifeWallet platform, a scalable data ecosystem with tokenized data storage supporting applications including LifeWallet EHR for electronic health records used by hospitals, medical providers, laboratories, and governmental entities, Chase to Pay for real-time primary payer identification at the point of care, LifeChain for patient-centric data analysis, LifeWallet 911 for emergency services, LifeWallet Legal, LifeWallet Health, and LifeWallet Sports for connecting brands with college athletes in name, image, and likeness deals. Founded in 2014 and headquartered in Coral Gables, Florida, MSP Recovery serves health plans, management service organizations, medical providers, independent physician associations, and other entities across healthcare, legal, education, and sports sectors through data matching, legal services, and compliance solutions. Recent developments include a strategic term sheet in August 2025 for up to $55 million in secured term loans to provide working capital and support claim portfolio expansion, a $3 million funding agreement via convertible notes with Yorkville Advisors in October 2025, a major restructuring agreement in April 2025 creating a new subsidiary for recovery efforts while reducing over $1.2 billion in corporate-guaranteed debt, consolidation of all business lines under the MSP Recovery brand announced in early 2025 to enhance focus and align with U.S. Department of Government Efficiency initiatives, and reaffirmed revenue guidance reflecting growth in assignor interests and litigation strategies.
LifeWallet Announces Third Quarter 2024 Financial Results
LifeWallet Announces Reverse Stock Split to Regain Compliance with Nasdaq's Minimum Bid Price Requirement
LifeWallet Announces New Comprehensive Settlements Totaling More Than $5.9 Million, Continued Progress in Recoveries on Owned Claims and Acquiring Rights to Additional Claims, and Initiatives to Eliminate Wasteful Medicare Spending by Launching Beta Testing of Its Clearinghouse Solution, Built in Partnership with Palantir Technologies, Inc.
LifeWallet Acquires Assignment of Additional MSP Claims with an Overall Paid Amount Exceeding $10.6 billion Comprised of Over 450,000 Medicare Members and Announces it Secured a Waiver of Acceleration on a Second Loan Agreement in the Event of a Negative Going Concern
Trader in France Scores 3rd Victory in Short Selling Contest
LifeWallet Launches Initiative to Secure New Agreements with Health Plans, Providers, Insurers and Attorneys, Continues Cost Cutting Efforts, and Announces it Secured a Waiver of Acceleration Based on a Negative Going Concern from its Largest Creditor
LifeWallet Announces a New Pharmaceutical Antitrust Settlement Totaling $3.1 Million
LifeWallet Announces New Comprehensive Settlement with a Group of Affiliated Property & Casualty Insurers and Completion of First Version of LifeWallet's Clearinghouse System Through its Exclusive Healthcare Partnership with Palantir Technologies
MSP Recovery Law Firm Files National Class Action on Behalf of Auto Dealers and Consumers Against CDK Global Over Data Breaches at More Than 15,000 Auto Dealerships
LifeWallet Announces It Will Hold Its 2024 Annual Meeting of Stockholders at 10am ET on June 26, 2024
LifeWallet's Proprietary Data System is Instrumental in Class Certification Against USAA Property and Casualty Insurance Company
MSP Recovery, Inc. (LIFW) Q1 2024 Earnings Call Transcript
LifeWallet Announces First Quarter 2024 Financial Results
UPDATE: LifeWallet Announces a Comprehensive Settlement with a Group of Affiliated Property & Casualty Insurers
LifeWallet Announces a Comprehensive Settlement with 10 Affiliated Property & Casualty Insurers, Doing Business in 15 States
LifeWallet Announces Fiscal Year and Fourth Quarter 2023 Financial Results
Unusually High Volume Points to Upside in These Stocks
Unusually High Volume Points to Upside in These Stocks
LifeWallet Announces a Comprehensive Settlement with 28 Affiliated Property and Casualty Insurers, Benefiting LifeWallet's Medicare Clients Across the U.S.
Why Is MSP Recovery (LIFW) Stock Up 22% Today?