On Thursday, Medicare claims recovery firm MSP Recovery announced a rebrand to LifeWallet, the name of a health care product suite owned by MSP Recovery that uses the public company’s proprietary data analytics technology to consolidate a person’s medical history within a smartphone app.
The rebrand marks the end of an eventful year for the one-time $33 billion SPAC led by Miami plaintiffs lawyer John Ruiz, which tanked to $1 per share following a May 2022 IPO but still netted Ruiz over $2 billion, according to the company’s accounting methods.
