SCWorx Continues to Expand Healthcare Data Management Network with New Partnership
Rhea-AI Summary
SCWorx (NASDAQ: WORX) announced a new partner agreement on Dec. 15, 2025 to expand its healthcare data management network. The partnership pairs SCWorx’s data platform with a healthcare supply chain partner offering an AI-powered payments and supply chain automation solution.
The collaboration aims to provide actionable insights, streamline expense and supply chain workflows, reduce administrative waste, and create referral and customer opportunities as part of SCWorx’s growth strategy.
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News Market Reaction
On the day this news was published, WORX gained 7.50%, reflecting a notable positive market reaction. Argus tracked a peak move of +15.0% during that session. Argus tracked a trough of -8.7% from its starting point during tracking. Our momentum scanner triggered 6 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $252K to the company's valuation, bringing the market cap to $4M at that time.
Data tracked by StockTitan Argus on the day of publication.
Market Reality Check
Peers on Argus
WORX was down 7.24% while key peers showed mixed, mostly modest moves (e.g., VSEE -5.44%, HCTI -4.88% in sector snapshot, but HCTI also appeared in momentum scans up about 4% intraday). This points to a largely stock-specific setup rather than a clear sector-wide move.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Oct 14 | Nasdaq extension | Neutral | +8.5% | Received 180-day extension to regain Nasdaq minimum bid-price compliance. |
| Oct 06 | Contract renewal | Positive | -0.5% | Three-year renewal with 113% higher contract value totaling about $1.692M revenue. |
| Sep 03 | Leadership change | Positive | +4.9% | Appointed new CTO with over 25 years’ experience in software and cloud. |
| Aug 26 | New collaboration | Positive | +31.1% | Strategic collaboration with major healthcare supply chain partner using Foundation product. |
| Aug 13 | New customer win | Positive | +0.5% | Florida hospital with 1,400+ beds selected SCWorx for Workday data management support. |
Commercial and partnership announcements have often aligned with positive price reactions, though a major contract renewal in October saw a slight divergence.
Over the last six months, SCWorx has focused on expanding its healthcare data network and addressing Nasdaq compliance. In August 2025, it won a Florida hospital contract covering over 1,400 beds and announced a major supply‑chain collaboration, which coincided with a 31.09% one‑day gain. A new CTO was appointed on Sep 3, followed by a three‑year partner renewal adding about $1.692M in revenue over three years. In October, Nasdaq granted a bid‑price compliance extension to April 6, 2026. Today’s new partnership continues that commercial and ecosystem‑expansion narrative.
Market Pulse Summary
The stock moved +7.5% in the session following this news. A strong positive reaction aligns with SCWorx’s history of favorable responses to commercial expansion, such as the 31.09% move on an August collaboration update. However, shares had been trading near a 52-week low and below the $0.45 200-day moving average, reflecting prior pressure and going‑concern disclosures. Investors would have weighed this new partnership against ongoing financing needs and Nasdaq bid‑price compliance deadlines extending to April 6, 2026.
Key Terms
saas technical
AI-generated analysis. Not financial advice.
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.
Contacts:
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Source: SCWorx Corp.
FAQ
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