Pyx Well being, which provides a cellular platform to handle loneliness and social isolation throughout the healthcare and social providers sector, has acquired tech-enabled meals supply firm FarmboxRx.
Arizona-based Pyx Well being provides a mentor-driven care navigation platform that focuses on non-medical points, equivalent to loneliness and different help wants in weak populations.
The corporate provides analysis navigation, care coordination and digital care help. It really works with Medicaid, Medicare, managed care organizations and neighborhood well being plans.
FarmboxRx companions with healthcare suppliers to supply Medicare and Medicaid members entry to recent produce, pantry necessities and wholesome cooking kits by means of their insurance coverage and member advantages.
The acquisition was made doable due to a $47.5 million funding in Pyx Well being from S2G Investments in partnership with TT Capital Companions.
The businesses say the mixed platforms will assist handle meals insecurity in addition to permit well being plans to incentivize particular behaviors, equivalent to finishing well being assessments and scheduling preventative care visits.
“Someone’s zip code or earnings ought to by no means decide the standing of their well being, however too typically it does. I confronted that very same problem years in the past as a single mother residing on meals stamps and Medicaid,” Ashley Tyrner-Dolce, CEO and founding father of FarmboxRx, instructed MobiHealthNews in an e mail.
“Once I based FarmboxRx with the need to shut the healthcare gaps stemming from the unmet social wants I confronted earlier in my very own life, I used to be decided to assist as many individuals as doable. Now, I am assured that Pyx Well being will perform our shared mission and attain much more people in want.”
THE LARGER TREND
FarmboxRx has launched quite a few packages targeted on particular populations.
In March, the corporate launched Drivers Well being (DH), a platform designed to handle the healthcare wants of members throughout their social continuum.
Final 12 months, FarmboxRx launched a Maternal Health Program to supply entry to meals and diet schooling to at-risk pregnant ladies throughout being pregnant and postpartum.
This system aimed to advertise well being literacy, specializing in new child and little one immunizations, prenatal and postpartum care, new child and supply preparation, postpartum psychological well being care, imaginative and prescient compliance, diet and schooling on authorities help packages.
In 2023, the corporate launched Feed by FarmboxRx, an application-based program that gives people affected by cuts to SNAP advantages with entry to provide and pantry staples.
In 2021, the New York-based firm introduced a partnership with Minnesota health plan HealthPartners to supply farm bins to Minnesota Senior Well being Choices’ Medicare members.
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