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SCWorx Announces New Not-for-Profit Teaching Hospital Customer for Data Management Services Supporting Workday Integration

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SCWorx (NASDAQ: WORX) announced a new agreement with a prominent not-for-profit teaching hospital in Florida to provide healthcare data management and normalization services supporting the hospital’s Workday ERP implementation.

SCWorx will cleanse, standardize, enrich, and optimize item master and supply chain data, expanding its healthcare customer portfolio.

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Positive

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Negative

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Market Context

This announcement adds another Workday-focused hospital customer to SCWorx’s portfolio, supporting i...
Analysis

This announcement adds another Workday-focused hospital customer to SCWorx’s portfolio, supporting its data-management niche. Recent history shows mixed price reactions to similar wins. Nasdaq listing compliance and capital needs remain key risks to monitor alongside future customer traction.

Historical Context

3 past events · Latest: Jun 23 (Positive)
Pattern 3 events
Date Event Sentiment 24h Move Catalyst
Jun 23 Nasdaq compliance decision Positive +115.5% Nasdaq panel allowed continued listing, conditioned on reverse split and bid compliance.
Apr 22 Customer wins Positive +0.9% Two new ERP-related customers through partner channel supporting Workday deployments.
Mar 04 New SaaS customer Positive -24.8% New SaaS and data management agreement with large Southeastern healthcare provider.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent news on customers and listing status has more often produced positive price moves, with one notable selloff after a customer win.

Key Terms

enterprise resource planning (erp), erp, item master, workday implementation
4 terms
enterprise resource planning (erp) technical
"Healthcare organizations undertaking enterprise resource planning (ERP) transformations face significant challenges"
Enterprise resource planning (ERP) is a type of software that helps a business organize and manage its core activities—such as finance, supply chain, manufacturing, and human resources—within a unified system. It acts like a central hub that brings together different parts of a company, making operations more efficient and providing better data for decision-making. For investors, ERP systems can signal how well a company integrates and manages its resources, impacting overall performance and growth prospects.
erp technical
"Healthcare organizations undertaking enterprise resource planning (ERP) transformations face significant challenges"
ERP, or Enterprise Resource Planning, is a comprehensive software system that helps organizations manage and integrate core business processes such as finance, supply chain, and human resources in one unified platform. For investors, ERP systems can indicate how efficiently a company operates; strong and well-integrated systems often suggest good management and potential for sustainable growth.
item master technical
"optimize the Florida hospital's item master and related supply chain data assets"
An item master is a central digital catalog that stores the key facts about every product a company sells or uses—names, descriptions, part numbers, prices, measurements and other standard details. Think of it as a company’s product recipe card that keeps everyone using the same information. For investors, a clean item master matters because it drives accurate inventory counts, pricing, supply-chain efficiency and sales reporting, which directly affect costs, margins and financial forecasts.
workday implementation technical
"provide data management and normalization services in support of the organization's Workday implementation initiative"
Workday implementation is the process of installing and configuring Workday, a cloud-based system that companies use for payroll, human resources and financial management. For investors, it matters because such projects can temporarily raise costs, change how quickly a company can process payroll or report financials, and affect productivity—similar to remodeling a store: short-term disruption for long-term efficiency gains.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Company Continues Expansion of Healthcare Data Management Platform as Hospitals Modernize ERP Infrastructure

MIDDLETON, MA, June 30, 2026 (GLOBE NEWSWIRE) -- SCWorx Corp. a leading provider of healthcare data management, interoperability, and supply chain solutions, today announced that it has secured a new agreement with a prominent not-for-profit teaching hospital to provide data management and normalization services in support of the organization's Workday implementation initiative.

Under the agreement, SCWorx will leverage its proprietary healthcare data management platform to cleanse, standardize, enrich, and optimize the Florida hospital's item master and related supply chain data assets. The project is designed to help ensure the quality, accuracy, and consistency of critical operational data prior to migration into the Workday enterprise platform.

Healthcare organizations undertaking enterprise resource planning (ERP) transformations face significant challenges associated with inconsistent, incomplete, and duplicate supply chain data. SCWorx's data management services help organizations improve data integrity, enhance reporting capabilities, streamline procurement processes, and maximize the value of their technology investments.

"This engagement reflects the growing recognition among healthcare providers that high-quality data is essential for successful ERP implementations," said Tim Hannibal, President and Chief Executive Officer of SCWorx. "As healthcare systems continue to modernize their technology infrastructure, they are increasingly seeking specialized expertise to ensure that supply chain and item master data are properly prepared for migration. We are pleased to support this respected teaching hospital as it advances its digital transformation initiatives."

The hospital selected SCWorx based on the Company's extensive experience working with healthcare provider organizations to improve supply chain data quality and support enterprise system integrations. The engagement further expands SCWorx's growing portfolio of healthcare customers utilizing the Company's data management solutions to support operational efficiency and financial performance initiatives.

"The success of any ERP implementation begins with trusted data," Hannibal added. "Our ability to normalize, enrich, and maintain healthcare supply chain data helps organizations reduce implementation risk while creating a stronger foundation for analytics, automation, and long-term operational excellence."

Financial terms of the agreement were not disclosed.

About SCWorx Corp.

SCWorx Corp. (OTCQB: WORX) provides data management, interoperability, and analytics solutions for healthcare providers, suppliers, and manufacturers. Through its proprietary software platform and services, SCWorx helps organizations improve the quality, accuracy, and usability of critical healthcare supply chain and operational data. The Company's solutions support data governance, item master management, contract optimization, supply chain visibility, and healthcare interoperability initiatives.

Forward-Looking Statements

This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from those projected in such statements due to various factors. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date made. SCWorx undertakes no obligation to update or revise forward-looking statements except as required by law.

Investor Relations Contact:

SCWorx Corp.
Investor Relations
Email: ir@scworx.com
Phone: 1-844-472-9679


FAQ

What did SCWorx (NASDAQ: WORX) announce on June 30, 2026?

SCWorx announced a new agreement with a prominent not-for-profit teaching hospital in Florida for data management services. According to SCWorx, the engagement supports the hospital’s Workday ERP implementation by cleansing, standardizing, enriching, and optimizing item master and supply chain data.

How will SCWorx support the Florida teaching hospital’s Workday ERP implementation?

SCWorx will provide data management and normalization services focused on item master and related supply chain data. According to SCWorx, the project aims to improve data quality, accuracy, and consistency before migration into the Workday enterprise platform, helping reduce implementation risk.

What specific data services will SCWorx deliver under the new hospital agreement?

SCWorx will cleanse, standardize, enrich, and optimize the hospital’s item master and supply chain data assets. According to SCWorx, these services are designed to improve data integrity, enhance reporting capabilities, streamline procurement, and maximize the value of the hospital’s technology investments.

Why did the not-for-profit teaching hospital choose SCWorx for its ERP data project?

The hospital selected SCWorx based on its experience with healthcare providers improving supply chain data quality and integrations. According to SCWorx, this background supports ERP transformations by preparing high-quality data for enterprise platforms like Workday and supporting operational and financial initiatives.

How does SCWorx’s data platform help hospitals modernize ERP systems like Workday?

SCWorx’s platform focuses on normalizing and enriching healthcare supply chain data to support ERP transformations. According to SCWorx, better data integrity can enhance reporting, streamline procurement, reduce implementation risk, and create a stronger foundation for analytics, automation, and long-term operational performance.

What business impact does this new hospital customer have for SCWorx (WORX)?

The agreement adds a prominent not-for-profit teaching hospital to SCWorx’s healthcare customer portfolio. According to SCWorx, the engagement expands adoption of its data management solutions among providers seeking improved supply chain data quality to support operational efficiency and financial performance initiatives.