regulatory
confidence high
sentiment positive
materiality 0.35
FOXO subsidiary Myrtle Recovery approved for second year of Scott County opioid abatement funds
FOXO TECHNOLOGIES INC.
- Myrtle Recovery Centers approved to receive Scott County Opioid Abatement Funds for a second year, starting July 1, 2025.
- Funds will provide care for uninsured patients from Scott County at the Oneida, Tennessee facility.
- Facility is operating at capacity with a waiting list, according to Myrtle CEO Robert Merritt.
- Parent FOXO expects Myrtle to contribute significant revenue and value in future years through organic growth and acquisition.
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