Syra Health Secures Population Health Contract Extension in Shelby County, Tennessee

Core Insights - Syra Health Corp. announced a $450,000 contract extension with the Shelby County Health Department in Tennessee, emphasizing its commitment to improving health through technology [1][2] - The contract extension allows Syra Health's team to continue analyzing disease trends and their economic impacts, with a total potential contract value of up to$1.3 million over three years [2][3] - This extension reflects the growth of Syra Health's Population Health business unit, which is a significant contributor to the company's revenue growth strategy [3][4] Financial Overview - The one-year contract extension is part of a larger project that includes data analytics and the development of a public-facing dashboard for real-time insights [2] - The total combined contract value over three years, including the extension, is projected to reach $1.3 million [2] Strategic Focus - The contract extension aligns with Syra Health's strategy to diversify revenue streams across higher-margin business units, showcasing positive demand trends for its population health solutions [3][4] - The company aims to ensure long-term revenue growth and value creation as it expands its reach in the healthcare technology sector [4]