SCWorx Continues to Expand with the Addition of a $1.25 Million Contract with a #1 Ranked Healthcare Provider

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NEW YORK--( BUSINESS WIRE )--SCWorx Corp. (NASDAQ: WORX), a leading data management platform in the healthcare industry, announced today the signing of a new agreement with a highly respected single stand-alone academic health system located in the northeast. This Provider, ranked #1 by U.S. News and World Report, is another great addition to our customer base,” said Marc Schessel, founder and Chief Executive Officer at SCWorx. These diverse set of Providers, communicating in a common vernacular in our collaborative cloud-based environment, are providing SCWorx the critical mass necessary to begin, ahead of schedule, developing new and advanced processes and methodologies that I believe will have a long and lasting effect on the Industry – ultimately strengthening the hospital markets by reducing the cost of care for members while at the same time enhancing their margins and clinical outcomes.” The SCWorx software solution ultimately transforms many aspects of the healthcare providers’ business through its delivery of highly accurate, real-time information that offers the executives of these healthcare providers the ability to optimize many areas of their day-to-day operations, negotiate better contracts with their vendors and payors and make better decisions with respect to strategic purchases. 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.

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