SCWorx Renews Agreement with Existing Healthcare Partner for Additional Three Years and 113% Increase in Contract Value
SCWorx (NASDAQ: WORX) renewed a three-year agreement with an existing healthcare partner on October 6, 2025. The renewed contract increases value by 113% versus the prior term, representing approximately $1,692,000 in total revenue over three years. The partner, an aggregate purchasing group and eight-year customer, added enhanced services and doubled the data volume processed with SCWorx, signaling expanded usage and platform scalability. Management said the renewal strengthens the company’s healthcare footprint and partner program.
SCWorx (NASDAQ: WORX) ha rinnovato un accordo triennale con un partner sanitario esistente il 6 ottobre 2025. Il contratto rinnovato incrementa il valore del 113% rispetto al periodo precedente, rappresentando circa $1.692.000 di ricavi totali in tre anni. Il partner, un gruppo di acquisto aggregato e cliente da otto anni, ha aggiunto servizi migliorati e raddoppiato il volume di dati elaborati con SCWorx, segnalando una maggiore utilizzo e scalabilità della piattaforma. La dirigenza ha affermato che il rinnovo rafforza l’impronta sanitaria dell’azienda e il programma partner.
SCWorx (NASDAQ: WORX) renovó un acuerdo de tres años con un socio sanitario existente el 6 de octubre de 2025. El contrato renovado aumenta su valor en 113% respecto al periodo anterior, representando aproximadamente $1,692,000 en ingresos totales en tres años. El socio, un grupo de compras agregado y cliente de ocho años, añadió servicios mejorados y duplicó el volumen de datos procesados con SCWorx, señalando un uso ampliado y escalabilidad de la plataforma. La dirección afirmó que la renovación fortalece la huella sanitaria de la empresa y el programa de socios.
SCWorx (NASDAQ: WORX)는 2025년 10월 6일 기존 의료 파트너와 3년 계약을 재갱신했습니다. 재갱신된 계약은 이전 기간에 비해 가치가 113% 증가했으며, 3년간 총 매출 약 $1,692,000를 나타냅니다. 파트너는 8년 간의 고객이자 집계 구매 그룹으로서 SCWorx와 향상된 서비스를 추가하고 처리 데이터 양을 두 배로 늘려 플랫폼의 활용 확대와 확장성을 시사했습니다. 경영진은 이번 갱신이 회사의 헬스케어 발자국과 파트너 프로그램을 강화한다고 말했습니다.
SCWorx (NASDAQ : WORX) a renouvelé un accord de trois ans avec un partenaire de santé existant le 6 octobre 2025. Le contrat renouvelé augmente sa valeur de 113 % par rapport à la période précédente, représentant environ 1 692 000 $ de revenus totaux sur trois ans. Le partenaire, un groupe d’achat agrégé et client depuis huit ans, a ajouté des services améliorés et doublé le volume de données traitées avec SCWorx, signalant une utilisation accrue et une évolutivité de la plateforme. La direction a déclaré que le renouvellement renforce l’empreinte de l’entreprise dans le domaine de la santé et le programme partenaires.
SCWorx (NASDAQ: WORX) hat am 6. Oktober 2025 eine dreijährige Vereinbarung mit einem bestehenden Gesundheitswesen-Partner erneuert. Der erneuerte Vertrag erhöht den Wert im Vergleich zur vorherigen Laufzeit um 113%, was insgesamt etwa $1.692.000 an Einnahmen über drei Jahre bedeutet. Der Partner, eine aggregierte Einkaufsgruppe und achtjähriger Kunde, fügte verbesserte Dienstleistungen hinzu und verdoppelte das mit SCWorx verarbeitete Datenvolumen, was eine erweiterte Nutzung und Skalierbarkeit der Plattform signalisiert. Das Management sagte, die Verlängerung stärke die Gesundheitspräsenz des Unternehmens und das Partnerprogramm.
SCWorx (NASDAQ: WORX) جدد اتفاقية لمدة ثلاث سنوات مع شريك رعاية صحية موجود في 6 أكتوبر 2025. العقد المجدد يزيد القيمة بنسبة 113% مقارنة بالفترة السابقة، ما يمثل حوالي $1,692,000 من الإيرادات الإجمالية على مدى ثلاث سنوات. الشريك، مجموعة شراء مجتمعة وعامل م دوام على مدى ثمانية أعوام، أضاف خدمات معززة ومضاعفة حجم البيانات المعالجة مع SCWorx، مما يشير إلى توسيع الاستخدام وقابلية توسيع المنصة. قالت الإدارة إن التجديد يقوّي الحضور الصحي للشركة وبرنامج الشركاء.
SCWorx (NASDAQ: WORX) 于 2025 年 10 月 6 日与现有医疗保健合作伙伴续签了为期三年的协议。续约后的合同较前一任期价值提高了 113%，在三年内代表约 $1,692,000 的总收入。该合作伙伴是一个聚合采购群体，并且是八年的客户，增加了增强服务并将与 SCWorx 处理的数据量翻了一番，表明使用范围扩大和平台可扩展性增强。管理层表示，续签将加强公司在医疗保健领域的影响力及合作伙伴计划。
- Contract value up 113% versus prior term
- Contracted revenue of $1,692,000 over three years
- Customer of 8 years renewed, indicating retention
- Partner doubled data processed, validating platform scalability
- Three-year revenue of $1.692M limits immediate cash impact
- Renewal concentrated with a single aggregate purchasing group customer
New York, NY, Oct. 06, 2025 (GLOBE NEWSWIRE) -- SCWorx Corp. (NASDAQ: WORX), a leading provider of healthcare data management solutions, today announced that it has renewed its agreement with an existing healthcare partner for a new three-year term. The customer, an aggregate purchasing group which has partnered with SCWorx for the past eight years, has chosen to extend its agreement, with the new contract representing a
“This expanded partnership underscores the long-term trust we’ve built with this healthcare partner,” said Tim Hannibal, CEO of SCWorx. “For a customer of eight years to not only renew but increase their commitment by
The agreement will allow SCWorx to further strengthen its footprint in the healthcare provider community, supporting hospitals and health systems with advanced data management, contract optimization, and item master solutions.
“Partnerships remain a critical part of our growth strategy,” Hannibal added. “This renewal demonstrates both the durability of our customer relationships, the benefits of our partner program and the scalability of our platform.”
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.
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