FOXO Technologies

FOXO Technologies’ Big South Fork Medical Center in Tennessee has partnered with Covenant Health, a major East Tennessee healthcare provider. The agreement allows Big South Fork to offer swing bed services, providing post-acute care to Covenant Health’s patients closer to their homes. This aligns with FOXO’s growth strategy, aiming to increase the hospital’s revenue by leveraging Covenant Health’s network and expanding service offerings. This is positive due to the new strategic partnership, expansion of service, and increased revenue potiential.

FOXO Technologies’ subsidiary, Myrtle Recovery Centers, has secured a second year of funding from Scott County for its opioid abatement program. This renewed support will allow Myrtle to continue providing essential care to uninsured patients at its Tennessee facility. The company is experiencing high demand and plans for further expansion.