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Syra Health Selected for $5.8 Million Indiana Child Mental Health Program

Provided By PR Newswire

Last update: May 27, 2025

CARMEL, Ind., May 27, 2025 /PRNewswire/ -- Syra Health Corp. (OTCQB: SYRA) ("Syra Health" or the "Company"), a healthcare technology company dedicated to powering better health through innovative technology products and services, announced today that the Indiana Department of Administration in collaboration with the Family and Social Services Administration/Division of Mental Health and Addiction has recommended Syra Health for contract negotiations to implement Indiana's Child Mental Health Wraparound Access Site. The contract is valued at $5.8 million over three years, with an optional one-year extension. Syra has committed to subcontracting 23.5% of the total contract value to other Indiana-based companies. Revenue related to this contract is expected to be recognized later in the year, following final contract execution.

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