New contract marks the 20th state in the nation where
Syra has active contracts
CARMEL,
Ind., May 28, 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 it has been awarded a contract by
the Health Care Authority (HCA) in Washington State to provide essential
behavioral health and recovery training and support services. This
marks an important milestone as Washington becomes the 20th state where Syra
Health has established, active contracts.
Under the terms of the agreement, Syra Health will be providing
behavioral health and recovery training and support services to
help strengthen the recruitment and retention of a qualified
behavioral health workforce in Washington
State.
To address this need, Syra Health will deliver comprehensive
training across seven key categories:
- Substance Use Disorder (SUD) Prevention and Mental Health
Promotion
- Behavioral Health Outpatient
- Residential Treatment
- Inpatient Psychiatric Services
- Recovery Support Services
- SUD Treatment and Mental Health Support in Correctional
Facilities
- Continuum of Care Training
The training programs are designed to equip behavioral health
professionals with the latest knowledge and skills necessary to
effectively address and manage various mental health and substance
use disorders. These initiatives will play a pivotal role in
enhancing service delivery across multiple care settings, ensuring
a holistic approach to behavioral health care. By focusing on both
prevention and treatment, the programs aim to reduce the overall
burden of mental health issues and substance use disorders in
Washington State.
"Winning this contract in Washington
State marks a significant step forward for Syra Health as we
continue our rapid expansion across the country," said Dr.
Deepika Vuppalanchi, CEO,
Syra Health. "We currently provide
similar trainings in Arizona,
Indiana, and Kansas. Improving mental and behavioral health
care is one of our corporate goals. A key piece of achieving this
goal is improving the quality of behavioral health care by
equipping providers with the needed training and support."
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 Form 10-K for the year ended
December 31, 2023, 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
