NASDAQ:SYRA

Syra Health Announces First Quarter 2024 Financial Results, Led By Strong Revenue Growth of 47%.

Retrieved on: 
Thursday, May 9, 2024

CARMEL, Ind., May 9, 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 its financial results for the first quarter ended March 31, 2024.

Key Points: 
  • The Company anticipates full-year 2024 revenue of $9 to $11 million, representing growth of 64%-100% versus 2023.
  • Announced a one-year, $480,000 contract from the Indiana Department of Health to administer public health and healthcare readiness assessments.
  • Our growth remains strong in our newest business units of Digital Health and Health Education, and we are excited that our Healthcare Workforce business unit has returned to growth in 2024.
  • Revenue for the quarter ended March 31, 2024, was $1.7 million, compared to the $1.2 million reported in the first quarter of 2023.

Syra Health to Deliver Comprehensive Needs Assessment and Community Health Improvement Plan for Middlesex County, New Jersey

Retrieved on: 
Tuesday, May 7, 2024

Syra Health will conduct the comprehensive needs assessment by collecting data from national, state, and local data sources as well as customer surveys and external community focus groups.

Key Points: 
  • Syra Health will conduct the comprehensive needs assessment by collecting data from national, state, and local data sources as well as customer surveys and external community focus groups.
  • The comprehensive needs assessment will help the County determine spending on health, behavioral health, and community services needs of all Middlesex residents.
  • The Community Health Improvement Plan will outline priorities for improving health outcomes within the County and provide an approach to addressing public health concerns raised by the community health assessment.
  • The project aligns with Syra Health's goal to deliver innovative healthcare technology solutions, supporting communities in their efforts to improve health.

Syra Health Presents Overdose Lifeline with Mental and Behavioral Health Solutions Award

Retrieved on: 
Thursday, May 2, 2024

CARMEL, Ind., May 2, 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 presented the nonprofit organization Overdose Lifeline with the inaugural Syra Health Mental and Behavioral Health Solutions Award.

Key Points: 
  • CARMEL, Ind., May 2, 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 presented the nonprofit organization Overdose Lifeline with the inaugural Syra Health Mental and Behavioral Health Solutions Award.
  • An independent psychiatrist, Dr. Bethany Richards, who oversaw the selection process, said Overdose Lifeline was chosen based on the award criteria.
  • "We were proud to present the inaugural Syra Health Mental and Behavioral Health Solutions Award to Overdose Lifeline," said Dr. Deepika Vuppalanchi, CEO, Syra Health.
  • Syra Health presented the inaugural Syra Health Mental and Behavioral Health Solutions Award during Syra's Mental Health Solutions Day, showcasing solutions to the mental health crisis in America.

Syra Health To Discuss First Quarter 2024 Financial Results

Retrieved on: 
Wednesday, May 1, 2024

CARMEL, Ind., May 1, 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 will report financial results for its first quarter 2024 ended March 31, 2024, on Thursday, May 9, 2024, before the market opens. The Company has scheduled a conference call that same day, May 9, 2024, at 9:00 a.m. ET, to review the results.

Key Points: 
  • Conference call will be held on Thursday, May 9 at 9:00 AM ET
    CARMEL, Ind., May 1, 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 will report financial results for its first quarter 2024 ended March 31, 2024, on Thursday, May 9, 2024, before the market opens.
  • The Company has scheduled a conference call that same day, May 9, 2024, at 9:00 a.m.
  • ET, to review the results.
  • Interested parties can access the conference call via Internet webcast, which is available in the Investors section of the Company's website at https://ir.syrahealth.com/presentations/q1-2024-earnings-call .

Syra Health Wins Award to Develop Health Equity Accelerator Plan for the City of Portland in Maine

Retrieved on: 
Wednesday, April 24, 2024

CARMEL, Ind., April 24, 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 selected by the City of Portland in Maine for developing a health equity accelerator plan to address social determinants of health within the Greater Portland community. The purpose of the plan is to accelerate improvements in chronic disease outcomes among individuals experiencing health disparities and inequities.

Key Points: 
  • The purpose of the plan is to accelerate improvements in chronic disease outcomes among individuals experiencing health disparities and inequities.
  • Syra Health's design of the Accelerator Plan will include implementing evidence-based interventions that improve community-clinical linkages and social connectedness.
  • Syra Health's experienced data scientists, public health experts, and analysts were selected for this contract based on their extensive experience.
  • This project is one of many projects Syra Health is working on to improve health equity and to understand how social determinants of health impact health outcomes.

Syra Health wins Training Contract from Sedgwick County Health Department in Kansas to Combat Substance Use Disorder

Retrieved on: 
Monday, April 22, 2024

CARMEL, Ind., April 22, 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 five-year contract from the Sedgwick County Health Department in Kansas.

Key Points: 
  • CARMEL, Ind., April 22, 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 five-year contract from the Sedgwick County Health Department in Kansas.
  • As part of the agreement, Syra Health will provide Overdose Data to Action (OD2A) training to first responders and faith-based community organizations in Sedgwick County.
  • The training sessions provided by Syra Health will include education on substance use disorder (SUD), harm reduction, overdose trends, naloxone use, and treatment options.
  • "We are privileged to collaborate with Sedgwick County to provide comprehensive and effective training for first responders and faith-based community organizations," said Dr. Deepika Vuppalanchi, CEO, Syra Health.

Syra Health and Maricopa County Partner for Third Public Health Training

Retrieved on: 
Wednesday, April 17, 2024

CARMEL, Ind., April 17, 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 its continued partnership with Maricopa County, Arizona, for a third public health training , focused on cultural humility.

Key Points: 
  • CARMEL, Ind., April 17, 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 its continued partnership with Maricopa County, Arizona, for a third public health training , focused on cultural humility.
  • The collaboration between Syra Health and Maricopa County began with a commitment to addressing healthcare disparities through health equity training.
  • Building upon this foundation, the partnership continued, with the successful completion of a public health training program, developed by Syra Health and known as the "Foundations of Public Health."
  • Most recently, Syra Health was awarded a third contract to conduct cultural humility training, in Maricopa County, which fosters inclusive and culturally competent healthcare practices.

Syra Health's "Syrenity" Research Study Protocol Approved by Institutional Review Board

Retrieved on: 
Wednesday, April 3, 2024

CARMEL, Ind., April 3, 2024 /PRNewswire/ -- Syra Health Corp. (NASDAQ: SYRA) ("Syra Health" or the "Company"), a healthcare consulting company with a mission to improve healthcare by providing innovative services and technology solutions, announced today that Pearl Institutional Review Board (IRB) has approved the Company's research study protocol for "Syrenity," Syra Health's prevention-focused mental and behavioral health platform.

Key Points: 
  • CARMEL, Ind., April 3, 2024 /PRNewswire/ -- Syra Health Corp. (NASDAQ: SYRA) ("Syra Health" or the "Company"), a healthcare consulting company with a mission to improve healthcare by providing innovative services and technology solutions, announced today that Pearl Institutional Review Board (IRB) has approved the Company's research study protocol for "Syrenity," Syra Health's prevention-focused mental and behavioral health platform.
  • The research study will be performed by third-party university researchers and practicing psychologists who will enroll approximately 300 people with moderate or worse depression severity.
  • "We are proud that the protocol has been accepted by the institutional review board tasked with ensuring this randomized control trial meets all requirements," said Dr. Srikant Devaraj, Vice President of Health Analytics and President of the Mental and Behavioral Health business unit, Syra Health.
  • "This empirical research study is the right way to show if Syrenity is helping engage users and proactively lowering mental health symptoms.

Syra Health Secures Statewide Healthcare Contract in Missouri

Retrieved on: 
Thursday, March 28, 2024

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.

Key Points: 
  • 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.
  • The contract encompasses the recruitment of specialized medical professionals crucial to addressing healthcare needs across Missouri.
  • 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.
  • Today's contract marks the 18th state where Syra Health has established a presence, reinforcing its commitment to delivering quality healthcare solutions nationwide.

Syra Health to Deliver Substance Use Disorder and Overdose Prevention Training in Kansas

Retrieved on: 
Thursday, March 21, 2024

Syra Health's comprehensive educational training program is designed for the public safety of the community.

Key Points: 
  • Syra Health's comprehensive educational training program is designed for the public safety of the community.
  • Specifically, Syra Health will provide ongoing, culturally relevant, educational trainings on stigma reduction surrounding substance use disorder, education on substance use disorder itself, and substance overdose prevention strategies.
  • Among young adults aged 18 to 25, nearly 48.8% had either a substance use disorder or a mental illness during the same period.
  • Dr. Deepika Vuppalanchi, CEO, Syra Health, emphasized the importance of this collaboration, "This contract underscores our shared commitment to addressing this critical public health issue.