MSP Recovery (NASDAQ:MSPR) (NASDAQ: MSPR) is a healthcare technology and services company specializing in medical lien resolution and recovery solutions for hospitals, health systems, physician groups and other healthcare providers. The company offers a comprehensive suite of services designed to protect provider rights under Medicare Secondary Payer (MSP) regulations, ensuring that third-party payers satisfy their obligations before government programs. MSP Recovery’s platform integrates legal, clinical and administrative workflows to identify, validate and recover improperly paid claims, helping clients maximize reimbursements on personal injury, workers’ compensation and auto accident cases.
The company’s core offerings include case management, lien negotiation, subrogation and eligibility determination, supported by proprietary software and analytics tools. MSP Recovery’s technology platform automates the intake and review of patient encounters, leverages real-time data feeds to identify applicable coverage and accelerates the resolution of complex claims. By combining in-house clinical expertise with a network of legal and insurance professionals, MSP Recovery helps clients reduce administrative burdens and improve cash flow through faster collections and reduced write-offs.
Founded in 2010 and headquartered in Boston, Massachusetts, MSP Recovery has expanded its operations across the United States and into select Canadian provinces. The company has grown both organically and through targeted acquisitions, broadening its service offerings to include Medicare set-aside administration, telemedicine support and payer negotiations for self-insured entities. In June 2021, MSP Recovery completed a business combination, becoming a publicly traded company on the NASDAQ under the ticker MSPR. This transition to the public markets provided additional capital to enhance its technology infrastructure and expand its professional services footprint.
MSP Recovery is led by an experienced management team with deep backgrounds in healthcare finance, legal compliance and technology innovation. The executive leadership emphasizes a client-centric approach, investing in ongoing product development, data security and regulatory expertise. Through strategic partnerships with national payers, law firms and healthcare providers, MSP Recovery continues to refine its service model and expand its geographic reach to address the evolving needs of the healthcare reimbursement landscape.
