Kyle Bowser's questions to MSP Recovery (MSPR) leadership • Q3 2022
Question
Kyle Bowser from Lake Street Capital Markets asked about the strategy for driving LifeWallet adoption and how the company assesses its market size. He also questioned how a potential recession might impact the value and collectability of claims rights.
Answer
Founder and CEO John Ruiz responded that LifeWallet adoption is strong because its value proposition as a clearinghouse is easily understood by providers, payers, and hospitals. Regarding a recession, Ruiz asserted that the business is largely insulated from economic cycles, as legal claims are based on established law, and higher interest rates could even positively affect the value of liquidated damages claims.