The company looks to provide similar services
across multiple states
CARMEL,
Ind., Feb. 20, 2024 /PRNewswire/ -- Syra Health
Corp. (NASDAQ: SYRA) ("Syra Health" or the "Company"), a healthcare
technology company with a mission to improve healthcare by
providing innovative services and technology solutions, announced
today that the Company continues to receive cases from Indiana DCS
for providing competency attainment services to youth charged with
a delinquent act.
Syra Health provides state-approved competency attainment
services based on trauma-informed care and cultural competency
principles. Utilizing its licensed social workers and
well-trained care coordinators, Syra Health meets these children
and helps them understand the events that have occurred and ways
they can help assist in their defense. Competency attainment
services include psychological health services, medication
management, and case management.
"We are proud to deliver these services in support of the
Indiana Department of Child Services and the children they serve,"
said Dr. Deepika Vuppalanchi, CEO,
Syra Health. "We intend to provide
these services in multiple states and are actively pursuing these
opportunities."
This contract which began December 31,
2022, remains in effect until December 31, 2024, with the opportunity for up to
six years of renewals. Revenue generated from this contract is
based on the number of cases Syra Health continues to receive from
DCS.
ABOUT SYRA HEALTH
Syra Health is a healthcare technology company addressing some
of healthcare's most significant challenges in areas such as
behavioral and mental health, digital health, and population
health, by providing innovative services and technology solutions.
Syra Health's products and services are centered on prevention,
improved access, and affordable care. Syra Health supplies its
solutions to payers, providers, life sciences organizations,
academic institutions, and the government. For more information,
please visit www.syrahealth.com.
Forward-Looking Statements
Statements in this press
release about future expectations, plans, and prospects, as well as
any other statements regarding matters that are not historical
facts, may constitute "forward-looking statements." These
statements include but are not limited to, statements relating to
the expected use of proceeds, the Company's operations and business
strategy, and the Company's expected financial results. The words
"anticipate," "believe," "continue," "could," "estimate," "expect,"
"intend," "may," "plan," "potential," "predict," "project,"
"should," "target," "will," "would" and similar expressions are
intended to identify forward-looking statements, although not all
forward-looking statements contain these identifying words. The
forward-looking statements contained in this press release are
based on management's current expectations and are subject to
substantial risks, uncertainty, and changes in circumstances.
Investors should read the risk factors outlined in our registration
statement on Form S-1 and other periodic reports filed with the
Securities and Exchange Commission. Any forward-looking statements
contained in this press release speak only as of the date hereof,
and, except as required by federal securities laws, the Company
specifically disclaims any obligation to update any forward-looking
statements, whether as a result of new information, future events,
or otherwise.
For more information, please contact:
For Media Inquiries:
Christine Drury
Communications & Marketing Director
Syra Health
463-345-5180
christined@syrahealth.com
For Investor Inquiries:
Ben
Shamsian
Vice President
Lytham Partners, LLC
646-829-9701
shamsian@lythampartners.com
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SOURCE Syra Health
