Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ad-Free, Unlimited access)​
NO CREDIT CARD REQUIRED
MSPR
Upturn stock ratingUpturn stock rating

MSP Recovery Inc (MSPR)

Upturn stock ratingUpturn stock rating
$0.6
Last Close (24-hour delay)
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

08/14/2025: MSPR (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

1 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $3

1 Year Target Price $3

Analysts Price Target For last 52 week
$3 Target price
52w Low $0.56
Current$0.6
52w High $7.45

Analysis of Past Performance

Type Stock
Historic Profit -64.85%
Avg. Invested days 17
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 1.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/14/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 5.52M USD
Price to earnings Ratio -
1Y Target Price 3
Price to earnings Ratio -
1Y Target Price 3
Volume (30-day avg) 1
Beta -2.42
52 Weeks Range 0.56 - 7.45
Updated Date 08/15/2025
52 Weeks Range 0.56 - 7.45
Updated Date 08/15/2025
Dividends yield (FY) -
Basic EPS (TTM) -362.21

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -15173.83%

Management Effectiveness

Return on Assets (TTM) -13.41%
Return on Equity (TTM) -366.92%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 820753037
Price to Sales(TTM) 0.42
Enterprise Value 820753037
Price to Sales(TTM) 0.42
Enterprise Value to Revenue 62.72
Enterprise Value to EBITDA 38.79
Shares Outstanding 5876730
Shares Floating 2906994
Shares Outstanding 5876730
Shares Floating 2906994
Percent Insiders 38.28
Percent Institutions 8.93

ai summary icon Upturn AI SWOT

MSP Recovery Inc

stock logo

Company Overview

overview logo History and Background

MSP Recovery, Inc. (NASDAQ:MSPR) was founded in 2014. It focuses on recovering improperly paid claims in the healthcare industry, particularly those related to Medicare and Medicaid Secondary Payer (MSP) regulations. The company has undergone several transformations, including a merger with Lionheart Acquisition Corporation II in 2022 to become a publicly traded company.

business area logo Core Business Areas

  • Medicare/Medicaid Secondary Payer (MSP) Recovery: Identifies and recovers claims where Medicare or Medicaid improperly paid as the primary payer when another entity, such as a private insurer or workers' compensation plan, should have been responsible.
  • Data Analytics and Claims Processing: Utilizes data analytics to identify potential recovery opportunities and manages the claims recovery process.
  • Healthcare Lien Resolution: Assists healthcare providers and insurers in resolving complex lien disputes.

leadership logo Leadership and Structure

John H. Ruiz is the founder and CEO. The company has a board of directors overseeing its operations and strategic direction.

Top Products and Market Share

overview logo Key Offerings

  • Medicare Secondary Payer (MSP) Recovery Services: MSP Recovery's primary service involves identifying and recovering healthcare claims that should have been paid by other insurers before Medicare or Medicaid. No specific market share data is publicly available. Competitors include Cotiviti, Optum, and HMS (now Gainwell Technologies).
  • Life Insurance Claims Recovery: MSP Recovery has expanded into recovering claims related to life insurance benefits that may have been improperly paid. Specific data unavailable. Competitors include other large MSP recovery firms.

Market Dynamics

industry overview logo Industry Overview

The healthcare claims recovery industry is driven by the complexity of healthcare billing and insurance regulations, leading to frequent errors and improper payments. The industry is growing due to increased regulatory scrutiny and the rising cost of healthcare.

Positioning

MSP Recovery positions itself as a technology-driven solution for identifying and recovering improper healthcare payments, focusing on the MSP arena. Its competitive advantage lies in its proprietary data analytics platform. The position it has in the market is relatively strong due to the lack of other players that provide similar services.

Total Addressable Market (TAM)

The estimated TAM for improper healthcare payments is substantial, potentially reaching hundreds of billions of dollars annually. MSP Recovery is positioned to capture a portion of this market through its recovery services.

Upturn SWOT Analysis

Strengths

  • Proprietary Data Analytics Platform
  • Expertise in MSP Regulations
  • Scalable Business Model
  • Established Relationships with Healthcare Payers

Weaknesses

  • Reliance on Complex Legal and Regulatory Framework
  • High Operating Costs
  • History of net losses and financial instability
  • Concentration of revenue in large claims

Opportunities

  • Expansion into New Healthcare Sectors
  • Strategic Acquisitions to Increase Market Share
  • Increased Regulatory Scrutiny of Improper Healthcare Payments
  • Technological Advancements in Data Analytics

Threats

  • Changes in Healthcare Regulations
  • Increased Competition from Other Recovery Firms
  • Litigation Risks Related to Claims Recovery
  • Economic Downturn Impacting Healthcare Spending

Competitors and Market Share

competitor logo Key Competitors

  • COTV
  • UNH
  • GBL

Competitive Landscape

MSP Recovery faces stiff competition from larger, more established players with greater resources and a broader range of services. Its competitive advantage is its specialized focus on MSP recovery, however, this advantage isn't defensible in the long run.

Major Acquisitions

DataScan

  • Year: 2017
  • Acquisition Price (USD millions): 150
  • Strategic Rationale: Expanded data analytics capabilities.

Growth Trajectory and Initiatives

Historical Growth: Historical growth is difficult to assess due to the limited period as a public company and prior private operations.

Future Projections: Future growth projections are highly speculative and dependent on the successful resolution of ongoing claims and new business development. Analyst estimates vary widely.

Recent Initiatives: Focus on expanding service offerings beyond Medicare/Medicaid and engaging with other sectors within the healthcare ecosystem.

Summary

MSP Recovery is a company focused on a niche market of recovering improperly paid claims in the healthcare industry, with its proprietary data analytics platform being a key strength. However, the company faces challenges due to its reliance on complex legal and regulatory frameworks, and a history of net losses. Successful resolution of large claims lawsuits is critical for improving their financial stability, as is competition from more established players with greater resources. The company's long-term viability is uncertain unless profitability and cash flow issues are addressed.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Filings (SEC)
  • Market Research Reports
  • Press Releases
  • Analyst Reports

Disclaimers:

This analysis is based on publicly available information and is not financial advice. Investment decisions should be made based on individual circumstances and consultation with a qualified financial advisor.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About MSP Recovery Inc

Exchange NASDAQ
Headquaters Miami, FL, United States
IPO Launch date 2020-10-21
Founder, CEO & Chair of the Board Mr. John H. Ruiz
Sector Healthcare
Industry Health Information Services
Full time employees 78
Full time employees 78

MSP Recovery, Inc., doing business as LifeWallet, operates as a healthcare recovery and data analytics company in the United States and Puerto Rico. The company offers claims recovery services, including services to related parties or third parties to assist entities with pursuit of claims recovery rights. It also provides LifeWallet, a scalable and expandable data ecosystem where tokenized data is stored in a platform with multiple applications, including LifeWallet EHR for hospitals, medical providers, major medical laboratories, and governmental entities that gather and store electronic health records; Chase to Pay, a real-time or near real-time analytics driven platform that identifies the proper primary payer at the point of care; LifeChain, a platform built with a patient centric focus and provides data analysis tailored to the practice; LifeWallet 911, which is in development for utilization by emergency service organizations; LifeWallet Legal; LifeWallet Health; and LifeWallet Sports, which connects brands with college athletes. The company was founded in 2014 and is headquartered in Miami, Florida.