Syra Well being, a healthcare expertise firm that gives instruments to investigate inhabitants well being, introduced it secured one other contract this yr, this time with the Well being Care Authority in Washington state, marking the twentieth state the corporate has contracted with.
Syra will present behavioral well being and restoration coaching and assist providers to strengthen the recruitment and retention of Washington’s behavioral well being workforce.
By means of the partnership, the corporate will present coaching for behavioral well being outpatient providers, substance use dysfunction prevention, restoration assist providers, inpatient psychiatric providers, residential remedy, continuum of care coaching, and substance use dysfunction remedy and psychological well being assist in correctional services.
“Profitable this contract in Washington state marks a big step ahead for Syra Well being as we proceed our fast growth throughout the nation,” Deepika Vuppalanchi, CEO of Syra Well being, stated in a press release. “We presently present comparable coaching in Arizona, Indiana and Kansas. Enhancing psychological and behavioral well being care is one among our company objectives. A key piece of attaining this aim is bettering the standard of behavioral well being care by equipping suppliers with the wanted coaching and assist.”
THE LARGER TREND
Syra Well being has signed quite a few contracts throughout the previous yr, together with a five-year $275,000 contract introduced in November to look at the town of San Antonio’s implementation of its Racial and Ethnic Approaches to Group Well being (REACH) undertaking.
REACH is a U.S. Division of Well being and Human Providers (HHS) undertaking administered by the Facilities for Illness Management and Prevention (CDC).
In January, the Indiana-based firm signed a one-year $480,000 contract to evaluate how present dangers to public well being in its residence state impression public well being infrastructure and behavioral well being.
A month later, the corporate introduced it secured a third contract in Virginia to assist workers Fairfax County’s healthcare workforce, together with staffing licensed nurses to supply 24-hour nursing care and aiding the county in filling different momentary healthcare positions.
Different contracts within the state embody one with the Commonwealth of Virginia Division of Corrections to provide momentary medical workers and one other with the state’s Division of Common Providers to offer healthcare workers state-wide.
Syra reported 47% year-over-year income development within the first quarter of 2024, with complete income of $1.7 million in Q1, in contrast with $1.2 million in the identical interval final yr.
The corporate famous its robust development was on account of its Inhabitants Well being providing, which grew 212% yr over yr, and its Healthcare Workforce options, which grew 28% in comparison with the prior yr.
