LIFW
- MSP Recovery, Inc.
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Overview
Company Summary
MSP Recovery, Inc. is a company that specializes in the recovery of funds for healthcare organizations primarily in the United States. They focus on identifying and recouping wrongly paid claims made by private health insurers, Medicare, and Medicaid. The company utilizes advanced analytics and proprietary technology to detect and investigate potential fraudulent or improper billing practices.
MSP Recovery works on behalf of its clients, which include hospitals, medical providers, and insurance carriers, to pursue restitution and recover funds from various parties, such as negligent drivers, liability insurers, and pharmaceutical manufacturers. The company operates by leveraging its expertise in complex healthcare legislations and regulations to navigate the legal landscape and ensure successful recoveries.
In addition to their recovery services, MSP Recovery also offers consulting and advisory services to help healthcare organizations streamline their billing processes, improve compliance, and mitigate financial risks. They provide insights and recommendations for optimizing revenue cycle management, reducing claim denials, and enhancing operational efficiency.
By specializing in the recovery of healthcare funds and offering comprehensive consulting services, MSP Recovery aims to assist its clients in maximizing their financial outcomes while maintaining regulatory compliance in a complex and ever-evolving healthcare landscape.