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Syra Health Secures Contract Valued at Up to $2.1 Million to Provide Medical Management Nurses for Major Insurance Provider

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Syra Health (OTCQB: SYRA) has secured a new one-year contract valued at up to $2.1 million with a major insurance provider. Under the agreement, Syra Health will provide medical management nurses to support specific health plans, working with healthcare providers and plan members.

The nurses will be responsible for assessing medical needs, interpreting benefits, and connecting members to appropriate care and support services. This contract expands Syra Health's existing services, which include data gathering and analysis for healthcare quality measures, by adding direct care support capabilities.

Syra Health (OTCQB: SYRA) ha ottenuto un nuovo contratto annuale del valore fino a 2,1 milioni di dollari con un importante fornitore di assicurazioni. Secondo l'accordo, Syra Health fornirà infermieri specializzati in gestione medica per supportare specifici piani sanitari, collaborando con operatori sanitari e membri del piano.

Gli infermieri saranno responsabili della valutazione delle necessità mediche, dell'interpretazione dei benefici e del collegamento dei membri ai servizi di assistenza e supporto adeguati. Questo contratto amplia i servizi esistenti di Syra Health, che includono la raccolta e l'analisi dei dati per le misure di qualità sanitaria, aggiungendo capacità di supporto diretto alla cura.

Syra Health (OTCQB: SYRA) ha asegurado un nuevo contrato de un año con un valor de hasta 2,1 millones de dólares con un importante proveedor de seguros. Según el acuerdo, Syra Health proporcionará enfermeros de gestión médica para apoyar planes de salud específicos, trabajando con proveedores de atención médica y miembros del plan.

Los enfermeros serán responsables de evaluar las necesidades médicas, interpretar los beneficios y conectar a los miembros con los servicios de atención y apoyo adecuados. Este contrato amplía los servicios existentes de Syra Health, que incluyen la recopilación y análisis de datos para medidas de calidad en salud, añadiendo capacidades de apoyo directo en la atención.

Syra Health (OTCQB: SYRA)는 주요 보험사와 최대 210만 달러 규모의 1년 계약을 체결했습니다. 이 계약에 따라 Syra Health는 특정 건강 보험 플랜을 지원하기 위해 의료 관리 간호사를 제공하며, 의료 제공자 및 플랜 회원과 협력하게 됩니다.

간호사들은 의료 필요를 평가하고, 혜택을 해석하며, 회원들을 적절한 치료 및 지원 서비스와 연결하는 역할을 맡습니다. 이번 계약은 의료 품질 측정에 대한 데이터 수집 및 분석을 포함한 Syra Health의 기존 서비스에 직접적인 치료 지원 역량을 추가하는 것입니다.

Syra Health (OTCQB : SYRA) a obtenu un nouveau contrat d'un an d'une valeur allant jusqu'à 2,1 millions de dollars avec un important fournisseur d'assurance. Dans le cadre de cet accord, Syra Health fournira des infirmières en gestion médicale pour soutenir des plans de santé spécifiques, en collaboration avec les prestataires de soins et les membres du plan.

Les infirmières seront chargées d'évaluer les besoins médicaux, d'interpréter les prestations et de mettre en relation les membres avec les services de soins et de soutien appropriés. Ce contrat étend les services existants de Syra Health, qui incluent la collecte et l'analyse de données pour les mesures de qualité des soins, en ajoutant des capacités de soutien direct aux soins.

Syra Health (OTCQB: SYRA) hat einen neuen Einjahresvertrag im Wert von bis zu 2,1 Millionen US-Dollar mit einem großen Versicherungsanbieter abgeschlossen. Im Rahmen der Vereinbarung wird Syra Health Pflegekräfte für das medizinische Management bereitstellen, die spezifische Gesundheitspläne unterstützen und mit Gesundheitsdienstleistern sowie Planmitgliedern zusammenarbeiten.

Die Pflegekräfte sind verantwortlich für die Bewertung medizinischer Bedürfnisse, die Interpretation von Leistungen und die Vermittlung der Mitglieder an geeignete Pflege- und Unterstützungsdienste. Dieser Vertrag erweitert die bestehenden Dienstleistungen von Syra Health, die Datenerfassung und -analyse für Qualitätsmessungen im Gesundheitswesen umfassen, um direkte Unterstützung in der Pflege.

Positive
  • New contract worth up to $2.1 million for one year
  • Expansion of service offerings to include direct care support
  • Strategic growth in insurance provider services segment
Negative
  • None.

CARMEL, Ind., July 17, 2025 /PRNewswire/ -- Syra Health (OTCQB: SYRA), a healthcare technology company dedicated to powering better health through innovative technology products and services, announced today it has been awarded a new contract with a major insurance provider to staff registered nurses to support specific health plans.

Under the one-year agreement, worth up to $2.1 million, Syra Health will provide medical management nurses to work with healthcare providers and plan members. The nurses will assess medical needs, interpret benefits, and connect members to appropriate care and support services.

"This contract builds on our existing work supporting insurance providers in improving health outcomes for members," said Priya Prasad, Interim CEO of Syra Health. "By embedding skilled medical management nurses into care teams, we're helping to close gaps in care and ensure that individuals receive the right care at the right time."

Syra Health currently supports major insurance providers in gathering and analyzing data to inform healthcare quality measures and enhance member plans. This new agreement expands Syra Health's impact by adding direct care support to its data-driven service offerings.

About Syra Health
Syra Health is a healthcare technology company that powers better health in critical areas such as mental health, population health, and the healthcare workforce. The company's leading-edge technology products and innovative services focus on prevention, access, and affordability. With a commitment to improving health, Syra Health is advancing healthcare solutions nationwide and around the world. 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, 2024, 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 Investor or Media Inquiries:
Christine Drury
Director of IR/PR

Syra Health
463-345-5180
christined@syrahealth.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/syra-health-secures-contract-valued-at-up-to-2-1-million-to-provide-medical-management-nurses-for-major-insurance-provider-302507426.html

SOURCE Syra Health

FAQ

What is the value of Syra Health's (SYRA) new contract with the insurance provider?

Syra Health secured a one-year contract valued at up to $2.1 million with a major insurance provider.

What services will Syra Health (SYRA) provide under the new insurance contract?

Syra Health will provide medical management nurses who will assess medical needs, interpret benefits, and connect members to appropriate care and support services.

How does this contract expand Syra Health's (SYRA) existing services?

The contract adds direct care support through medical management nurses to Syra Health's existing data gathering and analysis services for healthcare quality measures.

Who announced the new contract for Syra Health (SYRA)?

Priya Prasad, Interim CEO of Syra Health, announced the contract, emphasizing its role in improving health outcomes for members.
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