MobiHealth News May 9, 2024
Clover Health reports first-time profitability on an adjusted EBITDA basis in the first quarter.
Syra Health, a healthcare technology company that provides tools to analyze population health, reported revenue of $1.7 million in the first quarter of 2024, compared to $1.2 million in the same period last year.
The company noted that its strong growth was due to its Population Health offering, which grew 212% year over year, and the growth of its Healthcare Workforce solutions, which grew 28% compared to the prior year.
Net loss was $1.4 million, compared to $785,892 in the first quarter of 2023, and adjusted EBITDA was a $1.4 million loss, compared to a $762,710 loss in 2023’s first quarter.
At the...
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