MSP Recovery is rebranding as LifeWallet to meet the demands for effective and efficient healthcare technology
MSP Recovery, a leading provider of reimbursement recovery services, has announced a major rebranding effort set to take place in 2023. The company is now to be known as "LifeWallet" and will trade on the Nasdaq under LIFWW and LIFWZ. MSP recovery's rebranding comes as the company looks to expand its reach and capitalize on the growing demand for innovative healthcare technology.
Their reputation precedes them
The LifeWallet name has already gained national traction, thanks partly to the company's cutting-edge technology, which puts patients first by giving them access to their medical information and connecting them with providers and finance teams. Additionally, the company's commitment to Name, Image, and Likeness (NIL) contracts for athletes at the college level, following new legislation allowing them to earn while studying, also brought positive attention on a national scale.
A real-time platform
The LifeWallet platform aims to provide data updating in real-time, to identify the primary insurer, so physicians can treat accordingly, cutting out much red tape. The platform also eliminates false medical bills, thereby preventing fraud and abuse. It's also offering an Application Programming Interface (API) so patients can gain instant access to comprehensive medical records at any time.
The MSP Recovery rebranding is an effort to stay ahead of the curve in the rapidly-evolving healthcare industry. With the LifeWallet brand, the company is well-positioned to continue its growth and expansion in the years to come.
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