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SCWorx Renews Agreement with Existing Healthcare Partner for Additional Three Years and 113% Increase in Contract Value
Globenewswire· 2025-10-06 14:15
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]
SCWorx Corp. Appoints New Chief Technology Officer to Accelerate Innovation in Healthcare Data Solutions
Globenewswire· 2025-09-03 15:44
Core Insights - SCWorx Corp. has appointed Anders Ohlsson as the new Chief Technology Officer, emphasizing its commitment to enhancing its data management and software solutions for the healthcare sector [1][3] Company Overview - SCWorx is a provider of software-as-a-service-based data management solutions tailored for healthcare providers, offering a comprehensive suite of modules that ensure accuracy, cost savings, operational efficiency, and reliable reporting [4] Leadership Appointment - Anders Ohlsson brings over 25 years of experience in software engineering, cloud infrastructure, and machine learning applications, previously holding senior roles at WideOrbit [2] - As CTO, Ohlsson will lead the technology strategy, product development roadmap, and innovation initiatives at SCWorx [3] Strategic Focus - The appointment of Ohlsson comes at a crucial time as SCWorx aims to expand its capabilities in data management, data cleansing, system integration, and analytics to address the complex operational challenges faced by healthcare organizations [3]
SCWorx Expands Healthcare Data Management Network with New Collaboration
Globenewswire· 2025-08-26 14:55
Core Insights - SCWorx Corp. has entered into a new agreement with a leading healthcare supply chain partner to enhance its SaaS data management program [1][3] - The partner specializes in healthcare supply chain consulting, focusing on cost savings and optimizing spend management for hospitals [2][3] Company Overview - SCWorx provides a suite of software-as-a-service data management solutions tailored for healthcare providers, ensuring accuracy, cost savings, operational efficiency, and reliable reporting [4] - The company's solutions include modules for data cleansing, contract management, automated rebate management, and data analytics, creating a comprehensive data governance platform for healthcare providers [4] Partnership Details - The new partner is recognized for driving measurable savings by vetting vendors and leveraging billions in spend through strategic purchasing across all 50 states [3] - SCWorx's data cleanse, normalization, and enrichment services were key factors in the partner's decision to collaborate, aiming to enhance their product offerings and deliver additional value to healthcare customers [3]