MSP Recovery, Inc.
MSPRV
NASDAQ Global Market0.07
USD
-0.01
- -
CIK
0001802450
Return %
Stock
S&P500
1Y
- -
18.21
3Y
- -
64.38
5Y
- -
72.43
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
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in mil. unless spec.- Full Time Employees
- 90
- Sector
- Healthcare
- Industry
- Medical - Healthcare Information Services
- Address
- 2701 South Le Jeune Road Coral Gables FL United States of America 33134
- IPO Date
- May 24, 2022
- CIK
- 0001802450
- Website
- msprecovery.com
- Similar Companies
- Business
- MSP Recovery, Inc. (NasdaqCM:MSPRV) operates as a technology-driven recovery platform that pursues subrogation and first-party claims recovery for healthcare payers and providers, leveraging proprietary data analytics, machine learning, and artificial intelligence to identify and pursue claims against responsible parties such as primary insurers and third-party administrators. The company offers core products and services including LIFEWallet, a comprehensive platform for healthcare data management, claims recovery, and subrogation services; data analytics solutions for fraud detection and reimbursement optimization; and recovery litigation management tools that streamline the pursuit of billions in potential recoveries from auto, liability, no-fault, and workers' compensation claims. MSP Recovery serves health insurance payers, self-insured employers, third-party administrators, and healthcare providers across the United States, with headquarters in Coral Terrace, Florida, where it was founded in 2018. In recent developments, the company completed its business combination with Lionheart Acquisition Corp. II in 2022 to become publicly traded, expanded its data consortium through strategic partnerships with major health plans representing millions of covered lives, and launched enhancements to its AI-powered recovery platform in 2024 to accelerate claim pursuits amid growing Medicare Advantage disputes. MSP Recovery continues to focus on scaling its technology infrastructure and litigation capabilities to capitalize on the expanding subrogation market driven by rising healthcare costs and insurance complexities.