MSP Recovery, LLC, a Medicare, Medicaid, commercial, and secondary payer reimbursement recovery leader, that in July agreed to a business combination with Lionheart Acquisition Corporation II announced the launch of LifeWallet, which is designed to help first responders and healthcare providers quickly and easily access patient medical histories when they’re needed most.
LifeWallet, powered by MSP Recovery’s sophisticated data analytics, will enable informed decision-making and improved patient care to help save lives. LifeWallet is being created with high security standards, and private information is protected on a HIPAA compliant platform from a security perspective.
“Your medical records are stored by healthcare providers across multiple platforms,” explained MSP Recovery Founder and CEO, John H. Ruiz. “In many cases, the data is held by various healthcare entities whose systems do not interconnect. LifeWallet will locate and organize your medical records so you can access them easily and efficiently.”
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The American healthcare system relies upon a series of data systems which are currently fragmented. Data is stored in passive knowledge silos that are ill-equipped to handle the complexity of the healthcare system. After years of following the data journeys of millions of patients, MSP Recovery has developed a deep understanding of these data integration issues and through a powerful partnership with Palantir Foundry, continues to grow a legal and healthcare data ecosystem.
“With LifeWallet, you will have control over your medical and prescription data and can authorize emergency responders and healthcare professionals to access your medical records,” said Mr. Ruiz. “This should result in improved treatment, better outcomes, and could help save your life.”
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