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FOXO TECHNOLOGIES INC.’S BEHAVIORAL HEALTH SUBSIDIARY REACHES KEY OPERATIONAL MILESTONES
Globenewswire· 2025-05-06 12:05
Core Insights - FOXO Technologies Inc. announced significant patient care milestones achieved by its subsidiary, Myrtle Recovery Centers, which has treated over 400 patients and provided more than 5,000 care days since opening in August 2023 [1][2] - Myrtle Recovery Centers aims to serve 10,000 patient care days by the end of 2025, indicating strong growth and demand for its services in East Tennessee [2] - FOXO Technologies is pleased with the operational ramp-up of Myrtle and plans to expand its footprint to meet increasing demand, which is expected to enhance revenue contributions from this subsidiary [2][3] Company Overview - FOXO Technologies operates three subsidiaries, including Myrtle Recovery Centers, which is a 30-bed behavioral health facility providing inpatient and outpatient services for substance use disorder [3] - The company also owns Rennova Community Health, which operates a critical access hospital in East Tennessee, and FOXO Labs, a biotechnology firm focused on health and lifespan improvement [3][4]