Update on Myrtle Recovery Centers' Progress
FOXO Technologies Inc. (NYSE American: FOXO) is thrilled to share a substantial update regarding its subsidiary, Myrtle Recovery Centers, Inc. Focused on enhancing behavioral health initiatives, Myrtle operates a dedicated facility that has been gaining prominence in the addiction recovery landscape.
Facilities Stabilization and Success
One of the standout achievements of the Myrtle Recovery Centers in the recent year has been the consistent stabilization of its substance abuse treatment facility. Since the beginning of 2025, the center in Oneida has maintained an impressive occupancy rate of 75% or higher. This remarkable milestone indicates the facility's growing reputation and effectiveness in serving those in need of help, with occurrences of reaching full capacity indicating high demand for its services.
Effective Networking and Industry Contracts
Moreover, Myrtle has successfully entered into several important in-network contracts with major managed care organizations, further solidifying its position in the health care arena. This strategic move is set to enhance patient access to their essential services, allowing more individuals to receive the care they require.
Participation in the ETAADAC Conference
In a pivotal step towards enhancing its visibility and influence within the addiction recovery community, Myrtle Recovery Centers proudly announces its role as a Silver Sponsor at the forthcoming East Tennessee Association of Alcohol and Drug Addiction Counselors (ETAADAC) Conference. Scheduled to take place in Knoxville, this event promises to be an essential gathering for key industry players dedicated to tackling the challenges posed by addiction.
Collaboration and Learning Opportunities
The ETAADAC Conference serves as a vital platform for professionals in the addiction recovery field. It provides an excellent opportunity to connect, collaborate, and share insights regarding best practices and emerging trends in addiction counseling and treatment. Attendees will engage with leading experts, partake in stimulating discussions, and discover innovative treatment approaches, all of which can ultimately elevate the level of care provided to those struggling with substance use disorders.
Improving Lives and Strengthening Communities
Robert Merritt, CEO of Myrtle Recovery Centers, expressed his excitement regarding these developments. He stated, “We are proud of the strides our business has made since joining the FOXO family. Being a part of this upcoming conference further emphasizes our commitment to addiction recovery and strengthens our efforts to uplift communities in rural areas.”
About FOXO Technologies Inc.
FOXO Technologies Inc. operates various subsidiaries dedicated to enhancing community health and well-being. Apart from Myrtle Recovery Centers, their portfolio includes Rennova Community Health, Inc., which manages Scott County Community Hospital, a critical access designated hospital. In addition, FOXO Labs, Inc. focuses on biotechnology advancements aimed at improving human health and extending life span.
Understanding the integral role of health and wellness, FOXO’s initiatives contribute positively to both individual lives and the broader community, reinforcing their mission to foster a healthier future.
Frequently Asked Questions
What are the main achievements of Myrtle Recovery Centers?
Myrtle Recovery Centers has maintained a 75% occupancy rate, achieved contracts with major managed care organizations, and is sponsoring the ETAADAC Conference.
When is the ETAADAC Conference taking place?
The ETAADAC Conference is scheduled for March 19-21, 2025, in Knoxville, Tennessee.
What role does FOXO Technologies play in Myrtle Recovery Centers?
FOXO Technologies supports Myrtle Recovery Centers in its mission to provide effective addiction treatment services and expand its community outreach.
How does Myrtle connect with industry professionals?
Through events like the ETAADAC Conference, Myrtle Recovery Centers engages with industry experts, enhancing knowledge sharing and collaboration in addiction treatment.
What are the other subsidiaries of FOXO Technologies?
FOXO Technologies also includes Rennova Community Health, Inc., which runs a critical access hospital and FOXO Labs, Inc., focused on biotechnology and health innovations.
