FOXO’s Behavioral Health Arm, Myrtle Recovery Centers, Hits Major Patient Care Milestones

May 6, 2025

DENVER, Colo., May 06, 2025 (247marketnews.com)- FOXO Technologies (NYSE:FOXO), a technology-driven company advancing health and wellness solutions, today announced that its behavioral health subsidiary, Myrtle Recovery Centers, achieved significant operational milestones at its Oneida, Tennessee facility. Since launching operations in August 2023, Myrtle has served over 400 patients and delivered more than 5,000 care days, establishing itself as a trusted provider of substance use disorder treatment in East Tennessee.

Robert Merritt, Myrtle’s CEO, commented, “We are excited about reaching these important patient care milestones as they are indicative of the strong presence and reputation our facility has for delivering exemplary care for substance use disorder patients in East Tennessee. We continue to increase our referral sources and believe we will have served 10,000 patient care days by year end 2025 since inception. We look forward to providing care for more residents in the area and are looking to expand our footprint to facilitate an increasing demand for our services.”

Myrtle’s milestones come at a critical time, as the U.S. addiction treatment market, valued at $8 billion in 2025 (Statista), grows at a 6% CAGR, driven by rising substance use disorders and increased insurance coverage for treatment.

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