Pyx Health, which offers a mobile platform to address loneliness and social isolation within the healthcare and social services sector, has acquired tech-enabled food delivery company FarmboxRx.
Arizona-based Pyx Health offers a mentor-driven care navigation platform that focuses on non-medical issues, such as loneliness and other support needs in vulnerable populations.
The company offers research navigation, care coordination and virtual care support. It works with Medicaid, Medicare, managed care organizations and community health plans.
FarmboxRx partners with healthcare providers to offer Medicare and Medicaid members access to fresh produce, pantry essentials and healthy cooking kits through their insurance and member benefits.
The acquisition was made possible thanks to a $47.5 million investment in Pyx Health from S2G Investments in partnership with TT Capital Partners.
The companies say the combined platforms will help address food insecurity as well as allow health plans to incentivize specific behaviors, such as completing health assessments and scheduling preventative care visits.
“Somebody’s zip code or income should never determine the status of their health, but too often it does. I faced that same challenge years ago as a single mom living on food stamps and Medicaid,” Ashley Tyrner-Dolce, CEO and founder of FarmboxRx, told MobiHealthNews in an email.
“When I founded FarmboxRx with the desire to close the healthcare gaps stemming from the unmet social needs I faced earlier in my own life, I was determined to help as many people as possible. Now, I’m confident that Pyx Health will carry out our shared mission and reach even more individuals in need.”
THE LARGER TREND
FarmboxRx has launched numerous programs focused on specific populations.
In March, the company launched Drivers Health (DH), a platform designed to address the healthcare needs of members across their social continuum.
Last year, FarmboxRx launched a Maternal Health Program to provide access to food and nutrition education to at-risk pregnant women during pregnancy and postpartum.
The program aimed to promote health literacy, focusing on newborn and child immunizations, prenatal and postpartum care, newborn and delivery preparation, postpartum mental health care, vision compliance, nutrition and education on government support programs.
In 2023, the company launched Feed by FarmboxRx, an application-based program that provides individuals affected by cuts to SNAP benefits with access to produce and pantry staples.
In 2021, the New York-based company announced a partnership with Minnesota health plan HealthPartners to offer farm boxes to Minnesota Senior Health Options’ Medicare members.
