MSP Recovery, Inc. - Class A Common Stock (MSPR)

Frequently Asked Questions About MSP Recovery, Inc. - Class A Common Stock (MSPR)

How does MSP Recovery ensure compliance with healthcare regulations?

MSP Recovery ensures compliance by maintaining a robust internal compliance program that adheres to federal and state regulations. The company regularly updates its processes and technologies to align with legislative changes and industry best practices, ensuring that all recoveries are conducted ethically and legally.

How does MSP Recovery utilize technology?

MSP Recovery leverages cutting-edge data analytics and machine learning technologies to analyze vast datasets from various healthcare payors and providers. This technology enables them to efficiently identify improper claims, streamline the recovery process, and enhance decision-making in the billing and recovery landscape.

How has MSP Recovery adapted to changes in the healthcare market?

MSP Recovery has adapted to changes in the healthcare market by continuously evolving its technology and service offerings to meet the needs of clients. By staying informed about regulatory changes and market trends, the company positions itself strategically to leverage new opportunities for claims recovery.

How has MSP Recovery performed financially?

MSP Recovery has shown strong financial growth since its founding. The company has reported increasing revenues driven by its successful recovery operations and expanding client base, reflecting its ability to capitalize on the need for efficient healthcare billing and collection solutions.

Is MSP Recovery publicly traded?

Yes, MSP Recovery, Inc. is publicly traded on the Nasdaq under the ticker symbol MSPR. The company went public through a merger with a special purpose acquisition company (SPAC) in 2022, allowing them to leverage public capital markets for growth.

What are the company’s core values?

MSP Recovery's core values include integrity, innovation, and customer focus. The company strives to act ethically in all its dealings, continuously innovate its recovery strategies, and prioritize client satisfaction to foster long-term partnerships and success.

What are the main services offered by MSP Recovery?

MSP Recovery offers a suite of services that includes data analytics for billing discrepancies, claims recovery management, and consulting services for healthcare providers. They also provide expertise in regulatory compliance and work to educate clients on best practices for minimizing improper billing.

What challenges has MSP Recovery faced?

MSP Recovery has faced challenges including navigating complex regulatory environments and maintaining accuracy in claims recovery efforts. Additionally, competition in the healthcare recovery space poses ongoing challenges, necessitating constant innovation and adaptation to market demands.

What does MSP Recovery, Inc. do?

MSP Recovery, Inc. focuses on recovering medical expenses that have been improperly billed to Medicare and other healthcare programs. The company uses advanced data analytics to identify and retrieve payments made in error, thereby improving the efficiency of the healthcare reimbursement process and increasing funds available for legitimate claims.

What future growth opportunities does MSP Recovery see?

MSP Recovery sees significant growth opportunities in expanding its data analytics capabilities, forming strategic partnerships with additional healthcare providers, and broadening its service offerings to include more comprehensive solutions for claims management and recovery. The ongoing regulatory changes in healthcare reimbursement also present new avenues for growth.

What is MSP Recovery's approach to partnerships?

MSP Recovery actively seeks partnerships with healthcare providers, insurance companies, and other stakeholders in the healthcare sector. These collaborations are designed to enhance recovery capabilities and create a synergistic approach to addressing billing issues across the industry.

What is MSP Recovery's competitive advantage?

MSP Recovery's competitive advantage lies in its proprietary data analytics technology, which allows for advanced identification and recovery of improperly billed claims. Their established networks and expertise in navigating the intricacies of the healthcare reimbursement landscape also set them apart from competitors.

What is MSP Recovery's vision for the future?

MSP Recovery's vision for the future includes expanding its operational footprint, enhancing its technology stack, and establishing itself as the leading provider of healthcare claims recovery solutions. The company aims to play a pivotal role in transforming the healthcare reimbursement landscape for the benefit of providers and patients alike.

What is the primary business model of MSP Recovery?

MSP Recovery operates primarily on a contingency fee model. This means that they only get compensated for their services by receiving a percentage of the recovered funds, aligning their success directly with the outcomes they achieve for their clients.

What markets does MSP Recovery serve?

MSP Recovery primarily serves the healthcare sector, including Medicare, Medicaid, and private insurance markets. Their focus on recovery solutions extends to hospitals, healthcare providers, and insurance companies, where they help maximize recovery of improperly billed claims.

When was MSP Recovery, Inc. founded?

MSP Recovery, Inc. was founded in 2015. Since its inception, the company has developed a robust platform for recovering funds due to improper billing practices in the healthcare sector, showcasing significant growth and innovation in its field.

Where is MSP Recovery headquartered?

MSP Recovery is headquartered in Miami, Florida. This location allows the company to be at the heart of a vibrant healthcare market and to engage with a diverse range of clients and partners across the industry.

Who are the founders of MSP Recovery?

MSP Recovery, Inc. was founded by John H. Dwyer, who has extensive experience in the healthcare revenue cycle management space. His vision has propelled the company forward and established its position as a leader in the recovery of Medicare and Medicaid funds.

Who are the key executives at MSP Recovery?

The key executives at MSP Recovery include John H. Dwyer, who serves as the CEO, along with a team of professionals with extensive backgrounds in healthcare, finance, and technology. Their collective experience drives the company's strategic efforts and operational success.

What is the current price of MSP Recovery, Inc. - Class A Common Stock?

The current price of MSP Recovery, Inc. - Class A Common Stock is 1.480

When was MSP Recovery, Inc. - Class A Common Stock last traded?

The last trade of MSP Recovery, Inc. - Class A Common Stock was at 4:00 pm EDT on May 23rd, 2025