WORX | Market Cap: $1.1M (04/13/26)
Industry:
Software

DESCRIPTION

SCWorx provides data management software to hospitals and health systems in the U.S. The core problem SCWorx solves is that hospital systems — covering supply chain, electronic medical records, and patient billing — are largely disconnected and rely on manually managed, unstructured data. SCWorx's platform normalizes and standardizes hospital Item Master Files (databases of every product used in a hospital), connects that data across supply chain, EMR, and billing systems, and provides analytics tools for spending, contract performance, and billing accuracy. The goal is to reduce supply chain costs, improve billing accuracy, and cut administrative burden. SCWorx sells primarily as a SaaS subscription under multi-year contracts, typically three to five years, with license and maintenance fees billed annually in advance. SCWorx also charges separately for implementation and training services, and offers one-time data normalization projects billed on a per-item basis. Revenue scales with the number of hospital clients under contract and the breadth of each engagement. SCWorx sells through a direct sales force and reseller partnerships. The company is very small, with only 9 employees, and relies heavily on contractors and third-party vendors for development and operations.

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