MSP Recovery Business Overview
MSP Recovery is a technology and healthcare reimbursement recovery leader specializing in identifying and recovering improper payments within the U.S. healthcare system. The company focuses on Medicare, Medicaid, and commercial secondary payer recovery, utilizing a proprietary data-driven platform to discover claims that should have been paid by other parties.
By leveraging the Medicare Secondary Payer Act and various federal and state laws, the organization provides historical and real-time solutions for a diverse client base, including health plans, Management Service Organizations (MSOs), providers of medical services, and Independent Physicians Associations.
The company's primary service offerings revolve around an advanced IT ecosystem designed to process complex claims data. Through its partnership with Palantir, MSP Recovery enhances connectivity across healthcare payers and providers to facilitate the recovery of historical reimbursements.
Key specialties include data analytics within the medical industry and comprehensive legal recovery efforts. The firm also operates a national legal referral service that assists attorneys in managing claims data while providing consumers with resources to navigate healthcare and legal challenges, such as litigation related to defective products or medical devices.
In addition to recovery services, the organization has developed the LifeWallet App, a consumer-facing application designed to provide first responders with immediate access to an individual's medical history during emergencies. This tool is part of a broader effort to empower patients by giving them control over their medical conditions and history.
Based in Miami, Florida, MSP Recovery integrates proprietary technology, legal expertise, and data analysis to maximize recovery efforts for entities burdened by primary payer responsibilities.