Pyx Health, a social health platform, has acquired healthy food company FarmboxRx, the companies announced on Tuesday. The acquisition was fueled by a $47.5 million investment from S2G Investments and TT Capital Partners.
Tucson, Arizona-based Pyx Health works with health plans to support members struggling with loneliness. Members receive unlimited phone calls for companionship, as well as assistance with resources for physical, social and mental health needs. They also gain access to a mobile app that has an empathetic chatbot, self-guided wellness activities, interactive activities and reminders for medication.
Boston-based FarmboxRx , meanwhile, contracts with payers (primarily Medicaid and Medicare programs) to deliver produce boxes, cooking kits, educational materials and pan