SCWorx Renews Agreement with Existing Healthcare Partner for Additional Three Years and 113% Increase in Contract Value

Core Insights - SCWorx Corp. has renewed its agreement with a healthcare partner for a new three-year term, with a contract value increase of 113% compared to the previous term, totaling approximately $1,692,000 over three years [1][2] Company Overview - SCWorx is a provider of healthcare data management solutions, offering a suite of software-as-a-service-based solutions that integrate various modules to ensure accuracy, cost savings, operational efficiency, and reliable reporting [3] - The company's solutions include Virtual Item Master, data cleanse and normalization, contract management, automated rebate management, and data analytics modules, creating a single source for healthcare data governance and analytics [3] Partnership Significance - The renewal of the partnership highlights the long-term trust established with the healthcare partner, reflecting the measurable value of SCWorx's solutions in enhancing efficiency and data integrity [2][3] - The partner has also doubled the amount of data processed with SCWorx, indicating the scalability and impact of the platform [2] Growth Strategy - Partnerships are a critical component of SCWorx's growth strategy, with the renewal demonstrating the durability of customer relationships and the benefits of the partner program [3]