CARMEL, Ind.,
Jan. 23,
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 it will continue
to provide its healthcare workforce solutions to Maricopa
County's Correctional Health Services (CHS) through November of
2025.
Under the renewed contract, Syra Health provides qualified
temporary medical personnel to incarcerated patients of CHS. The
renewed contract is being extended through November 2025 with enhanced pay schedules that
benefit Syra Health's revenues.
"We look forward to a long-term relationship with Maricopa County," said Sandeep Allam, Executive Chairman and President,
Syra Health. "Increased revenues for
the services we are providing also improve our bottom line and that
of our shareholders."
The original contract between Syra Health and Maricopa County was announced in December of
2022. CHS provides cost-effective, medically necessary, integrated
medical, dental, and mental health services for all individuals
incarcerated within the Maricopa
County Jail System.
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