Pyx Health, a social health platform, has acquired FarmboxRx to address food insecurity among its members, following a $47.5 million investment. This acquisition allows Pyx Health to integrate FarmboxRx's healthy food delivery service, benefiting members by providing fresh produce and educational resources. By fostering trust through nutritious food offerings, Pyx Health aims to promote healthy behaviors and reduce unnecessary healthcare costs. Additionally, the collaboration will enhance their development of an AI-driven engagement platform, enabling better insights into members' needs, as discussed by executives from both companies.
By offering fresh food to our members, Pyx Health seeks to establish a meaningful and trusting relationship. Research shows that members who trust the healthcare system are more likely to engage in healthy habits, like preventative care, that can improve their health outcomes.
FarmboxRx also recently launched a platform called Drivers Health, which helps address social determinants of health and feeds data on members' needs back to health plans.
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