MSP Recovery, Inc.
LIFWZ
NASDAQ Global Market0.07
USD
- -
- -
CIK
0001802450
ISIN
US5537451180
CUSIP
553745118
Return %
Stock
S&P500
1Y
-31.30
26.53
3Y
-94.72
76.60
5Y
-94.72
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- John H. Ruiz
- Full Time Employees
- 88
- Sector
- Healthcare
- Industry
- Medical - Healthcare Information Services
- Address
- 2701 Le Jeune Road Coral Gables FL United States of America 33134
- CIK
- 0001802450
- Website
- msprecovery.com
- Similar Companies
- Business
- MSP Recovery, Inc. (NASDAQ:LIFWZ), doing business as LifeWallet, operates as a healthcare recovery and data analytics company focused on Medicare Secondary Payer reimbursement, claims recovery services, and technology platforms that identify improper payments in Medicare, Medicaid, commercial insurance, and secondary payer segments in the United States and Puerto Rico; its core offerings include LifeWallet, a scalable data ecosystem featuring tokenized data applications such as LifeWallet EHR for electronic health records used by hospitals, providers, laboratories, and government 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 connecting brands with athletes, alongside over 1,400 proprietary algorithms for waste, fraud, and abuse detection, data matching, and legal services targeting healthcare providers, payers, legal firms, education, and sports industries. Founded in 2014 and headquartered in Miami, Florida, the company employs advanced analytics on historical medical claims data to pursue recoveries against responsible parties, disrupting traditional reimbursement processes while providing compliance solutions and life-saving technologies. Recent developments include a October 2024 acquisition of recovery rights to over 450,000 Medicare claims exceeding $10.6 billion in paid amounts from Hazel Partners Holdings LLC, new settlements totaling more than $5.9 million with property & casualty insurers and medical device manufacturers including $5.2 million in P&C agreements with data-sharing provisions and a $760,000 device settlement, a preliminary $2 million pharmaceutical litigation settlement, completion of the first version of its AI-powered clearinghouse platform developed with Palantir Technologies to address Medicare improper payments, a $3 million convertible note funding agreement with YA II PN Ltd. in October 2025, waivers on promissory note obligations from creditors like Nomura through March 2025 and Virage Capital, strategic term sheets for liquidity and restructuring to reduce liabilities and support growth, consolidation of business lines under the MSP Recovery brand, and reverse stock split authorization by the board.