Syra Health Wins New Workforce Contract, Announces Existing Contract Extension
CARMEL, Ind., Jan. 7, 2025 /PRNewswire/ -- Syra Health Corp. (NASDAQ:SYRA) ("Syra Health" or the "Company"), a healthcare technology company powering better health by providing meaningful solutions, announced today that the Washington D.C. government has awarded it a healthcare workforce contract, valued at up to $1 million, on behalf of the Office of the State Superintendent of Education. The Company also announced that the Indiana Family and Social Services Administration's NeuroDiagnostic Institute has increased its existing contract by $1.2 million, bringing the total value to $18.7 million.
Syra Health will deploy registered nurses, licensed practical nurses, and certified nursing assistants to deliver healthcare services to students as part of Washington D.C.'s ongoing commitment to ensuring the safety and well-being of students. Under the agreement, Syra Health will supply services in compliance with D.C. regulations and adhere to strict guidelines to affirm timely and efficient care delivery. This includes developing individualized service plans for students. The one-year agreement includes multiple options for extensions.
In addition to this new contract, Syra Health continues to expand its support for the Indiana Family and Social Services Administration's NeuroDiagnostic Institute. Syra Health provides healthcare professionals to the Institute to evaluate and treat patients with complex neuropsychiatric illnesses.
"These contracts highlight our deep commitment to driving better health outcomes," said Dr. Deepika Vuppalanchi, CEO of Syra Health. "By providing tailored services that alleviate staffing shortages and ensure continuity of care, we are not only addressing immediate healthcare needs but also supporting long-term solutions. This marks our fourth contract with the Washington, D.C. government, and we are excited to continue our partnership with them. At the same time, we are eager to further strengthen our collaboration with the NeuroDiagnostic Institute, a valued partner since 2021."
About Syra Health
Syra Health is a healthcare technology company powering better health in critical areas such as behavioral and mental health, population health, and the healthcare workforce. The company's leading-edge technology and innovative services focus on prevention, access, and affordability. With a commitment to improving health, Syra Health is advancing healthcare solutions nationwide and around the world.
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For Investor or Media Inquiries:
Christine Drury
IR/PR
Syra Health
463-345-5180
[email protected]
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SOURCE Syra Health