MSP Recovery Holdings, Inc. (NASDAQ: LIFWZ) is a specialized service provider focused on the identification, management and recovery of insurance payments for claimants and payers. The company’s core business revolves around subrogation, third-party liability and Medicare Secondary Payer (“MSP”) recovery, helping health insurers, self-insured employers and third‐party administrators recoup funds from responsible parties. By leveraging proprietary technology and industry expertise, MSP Recovery streamlines the process of determining primary payer responsibility and pursuing reimbursement.
Operating on a contingency‐fee basis, MSP Recovery delivers end-to-end recovery solutions that include data analytics, case management, and legal support. The company’s technology platform integrates with clients’ claims systems to identify potential recovery opportunities, automate demand letters and coordinate with medical providers. This approach enables clients to mitigate the administrative burden of recovery efforts while improving financial outcomes through accelerated claim resolution and higher recovery rates.
Headquartered in Florida, MSP Recovery serves a broad range of customers across the United States, including national and regional insurers, third-party administrators and government payers. The company’s geographically dispersed team of recovery specialists, legal professionals and data analysts work closely with clients to navigate complex state and federal healthcare regulations. This national footprint allows MSP Recovery to address jurisdictional nuances and optimize recovery strategies tailored to each client’s portfolio.
Founded in the late 1990s, MSP Recovery has grown from a niche subrogation firm into a publicly traded company with a diversified service offering. The business is led by a senior management team with decades of experience in insurance recovery, healthcare compliance and legal practice. MSP Recovery continues to invest in technology enhancements and strategic partnerships to expand its service capabilities and support evolving regulatory requirements.
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