MSP Recovery Inc. (LIFW)
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LifeWallet Announces Third Quarter 2024 Financial Results
MIAMI, Nov. 14, 2024 (GLOBE NEWSWIRE) -- MSP Recovery, Inc. d/b/a LifeWallet (NASDAQ: LIFW) (“LifeWallet,” or the “Company”), a Medicare, Medicaid, commercial, and secondary payer reimbursement recovery and technology leader, today announced financial results for the quarter ended September 30, 2024. LifeWallet Chief Executive Officer, John H.
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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
CORAL GABLES, Fla., Sept. 08, 2024 (GLOBE NEWSWIRE) -- MSP Recovery, Inc. d/b/a LifeWallet (NASDAQ: LIFW) ("LifeWallet," or the "Company"), a Medicare, Medicaid, commercial, and Secondary Payer reimbursement recovery and technology leader, today announces an initiative to secure new agreements with health plans, providers, insurers and attorneys as it continues to make significant strides in revolutionizing healthcare reimbursement through data-driven solutions and strategic partnerships.
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MSP Recovery Inc. Profile
| Medical - Healthcare Information Services Industry | Healthcare Sector | Mr. John H. Ruiz CEO | NASDAQ (NMS) Exchange | - ISIN |
| US Country | 78 Employees | - Last Dividend | 18 Nov 2024 Last Split | 21 Oct 2020 IPO Date |
Overview
MSP Recovery, Inc., operating under the business name LifeWallet, is a pioneering healthcare recoveries and data analytics company based in the United States and extending its operations to Puerto Rico. The company is renowned for its expertise in claims recovery, offering a comprehensive suite of services designed to assist entities in the efficient pursuit of claims recovery rights. Established in 2014 and with its headquarters situated in Coral Gables, Florida, MSP Recovery has emerged as a leading entity in the healthcare sector, focusing on enhancing the claims recovery process and data analytics at the point of care.
Products and Services
- Claims Recovery Services:
MSP Recovery offers specialized claims recovery services, catering both to related parties and third parties. These services are meticulously designed to aid entities in the effective pursuit of claims recovery rights, ensuring that the process is managed with the highest level of efficiency and accuracy.
- LifeWallet Platform:
The development of the LifeWallet platform stands as a significant innovation by MSP Recovery. This platform is aimed at revolutionizing real-time analytics at the point of care by identifying the primary insurer promptly. Moreover, LifeWallet assists healthcare providers in receiving customary rates for accident-related treatments, thereby streamlining the billing and claims process and ensuring that providers are adequately compensated for their services.
Contact Information
