Middleton, MA, Dec. 15, 2025 (GLOBE NEWSWIRE) — SCWorx Corp. (Nasdaq: WORX) today announced a new partner agreement with a leading healthcare supply chain partner, further strengthening its SaaS data management program.
The partner revolutionizes healthcare payments with a next-generation, AI-powered solution that automates payment processes and supply chain management. The company’s platform leverages the latest innovations in financial and healthcare technologies to deliver actionable insights, optimize performance, minimize complexity, and eliminate administrative waste.
“This partner brings a complete service platform that benefits its healthcare customers via a powerful and intuitive technology solution that streamlines supply chain and expense management operations using accurate data provided by SCWorx. As a customer and referral partner SCWorx is excited to not only assist the partner with data management service but to also work on new healthcare customer opportunities,” said Tim Hannibal, SCWorx CEO. Hannibal added, “Partnerships remain a cornerstone of SCWorx’s growth strategy as we continue to expand our footprint and deliver innovative, high-value solutions for healthcare providers.”
About SCWorx
SCWorx offers a suite of software-as-a-service-based data management solutions for healthcare providers. SCWorx delivers value through the full integration of its solutions modules with a robust data platform, ensuring accuracy, cost savings, operational efficiency, and reliable benchmarking and reporting. The solution modules include Virtual Item Master, data cleanse and normalization, contract management, request for pricing (RFP) module, automated rebate management module, data interoperability (EMR, MMIS, finance) module, Automated Item Add Portal, Virtual General Ledger, and the data analytics module. SCWorx creates a single source for information for the healthcare provider’s data governance and analytics requirements.
Forward-Looking Statements
This press release contains “forward-looking statements” that involve substantial risks and uncertainties for purposes of the safe harbor provided by the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, included in this press release regarding strategy, future operations, future contract renewals and terminations, future financial position, prospects, plans and objectives of management are forward-looking statements. You can identify many (but not all) such forward-looking statements by looking for words such as “assumes,” “approximates,” “believes,” “expects,” “anticipates,” “estimates,” “projects,” “seeks,” “intends,” “plans,” “could,” “would,” “may” or other similar expressions. You should not place undue reliance on these forward-looking statements. Such statements are based on management’s current expectations and involve risks and uncertainties. Actual results and performance could differ materially from those projected in the forward-looking statements. As a result of many factors, including, without limitation, economic disruptions affecting our customers, unexpected contract terminations, securing future contracts and orders, future product sourcing, supply disruptions, containing costs, the ability to project future cash utilization and reserves needed for contingent future liabilities and business operations, the availability of sufficient resources of the company to meet its business objectives and operational requirements and other important factors that are detailed in filings with the Securities and Exchange Commission made from time to time by SCWorx, including its Annual Report on Form 10-K for the year ended December 31, 2024, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K. Matters described in forward-looking statements may also be affected by other known and unknown risks, trends, uncertainties and factors, many of which are beyond the company’s ability to control or predict. SCWorx undertakes no obligation to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
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Source: SCWorx Corp.
