Scworx Corp
scworx.comSCWorx Corp (NASDAQ: WORX) is a healthcare data management company that provides software solutions to normalize, repair, and enrich hospital supply chain and clinical data. Revenue is generated through subscriptions to its data management platform, which serves healthcare providers by maintaining a Single Source of Truth for the Item Master File, a database of all products used in hospital and healthcare settings. The company's core products connect hospital buy-side purchasing systems, clinical documentation systems such as electronic medical records, and patient billing systems to improve interoperability and reduce administrative costs. SCWorx was organized in Florida in November 2016 as SCWorx LLC, acquired Primrose Solutions LLC in December 2017 to develop its core software, and became SCWorx Corp following a merger with Alliance MMA, Inc. in 2019. The company operates in a highly competitive market against larger service providers with greater resources, with contract awards often determined by price.
Products & Services
Big Data Analytics web portal for supply chain benchmarking, spend trend analysis, contract gap analysis, and market price comparison. Data Integration and Warehousing service that normalizes and enriches hospital data into a Single Source of Truth Item Master File. Software connecting hospital supply chain purchasing, clinical EMR, and patient billing systems.
Revenue Model
Subscription-based revenue from healthcare providers accessing the SCWorx data management platform, including analytics, data integration, and warehousing services.
Customers & Markets
Healthcare providers, primarily hospitals. Significant customers are those representing more than 10% of revenue or accounts receivable in a given period, per the FY2025 10-K filed 2026-03-31.
Financial Snapshot
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