Syra has expanded its services to 18
states
CARMEL,
Ind., March 28, 2024 /PRNewswire/
-- Syra Health Corp. (NASDAQ: SYRA), a healthcare
technology company with a mission to improve healthcare by
providing innovative services and technology solutions, announced
today it has secured a healthcare workforce contract in
Missouri for providing temporary
medical services personnel. Revenue from the contract will be
determined based on the number of positions filled and their
duration.
The contract encompasses the recruitment of specialized medical
professionals crucial to addressing healthcare needs across
Missouri. Specifically, the
contract mandates the provision of resident physicians, physicians,
chief physicians, psychiatrists, and chief psychiatrists,
highlighting the various levels of expertise that Syra Health holds
as part of its healthcare workforce solutions.
According to a survey by the American Medical Association (AMA),
two in five physicians nationwide said they plan to leave practice
within five years, with burnout being cited as one of the primary
reasons. Physician and psychiatrist roles are typically difficult
to fill due to the lack of trained professionals, demanding job
responsibilities, and the need for significant experience.
Dr. Deepika Vuppalanchi, CEO,
Syra Health, underscored the
significance of winning this statewide contract, stating, "We are
thrilled to expand our operations into Missouri and further our goal of enhancing
healthcare delivery across the nation. This contract not only
signifies our continued growth but also reinforces our commitment
to providing top-tier medical personnel to meet the evolving needs
of healthcare facilities."
Today's contract marks the 18th state where Syra Health has
established a presence, reinforcing its commitment to delivering
quality healthcare solutions nationwide.
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 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 set forth 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 and 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
