• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishGo to App
    Quantisnow Logo

    © 2026 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI superconnector for talent & startupsNEWLLM Arena
    Legal
    Terms of usePrivacy policyCookie policy

    SCWORX ANNOUNCES DEPLOYMENT OF AI-ASSISTED DATA MANAGEMENT MODEL FOR HEALTHCARE SUPPLY CHAIN DATA ATTRIBUTES

    7/8/26 10:00:00 AM ET
    $WORX
    Services-Misc. Amusement & Recreation
    Consumer Discretionary
    Get the next $WORX alert in real time by email

    Middleton, MA, July 08, 2026 (GLOBE NEWSWIRE) -- SCWorx Corp., a provider of healthcare supply chain data management, interoperability and analytics solutions, today announced the deployment of its Artificial Intelligence assisted Data Management Model, a platform designed to automate portions of the SCWorx-controlled data management process and assist with the classification, normalization, enrichment and governance of healthcare supply chain product attributes.

    The AI-assisted framework extends SCWorx's existing healthcare data management platform by leveraging its healthcare item database, developed over the past 12 years, together with its proprietary Healthcare Attribute Catalog, advanced UNSPSC methodology and substitute item database.  By combining these differentiated healthcare data assets with commercially available AI models, SCWorx is strengthening its position in healthcare data quality while delivering faster turnaround times for data cleansing and attribute-enrichment projects.

    SCWorx is integrating large language model capabilities from industry-leading AI providers into a private environment, with current efforts primarily utilizing Anthropic's family of large language models integrated as one component of the SCWorx-controlled data management platform workflow. In addition to anticipating faster turnaround times for customer data delivery, SCWorx expects these AI tools to assist in accelerating application development, feature creation, bug resolution, data validation and workflow automation, with targeted productivity improvements and cost savings across selected internal development and data management processes. 

    Healthcare providers, distributors, group purchasing organizations, manufacturers and ERP platforms rely on accurate product attributes to support purchasing, inventory management, contract compliance, supply disruption mitigation, procedural cost analysis and financial performance. Incomplete or inconsistent data can result in lost revenue, duplicate items, inventory waste, purchasing errors, contract leakage, delayed ERP implementations and reduced visibility into supply chain spending.

    SCWorx provides data management services to help healthcare providers and SCWorx partners address these challenges by transforming fragmented and incomplete healthcare product records into standardized, enriched and actionable supply chain information.

    The SCWorx AI assisted Data Management Model operates in conjunction with the Company's proprietary healthcare data assets, including millions of normalized healthcare product records, attribute definitions and classification data accumulated through years of healthcare data management engagements. The SCWorx platform is designed to utilize AI models together with the Company's proprietary healthcare product catalog and human quality assurance, including its enhanced UNSPSC-based classification methodology, to improve attribute recognition, classification consistency and data governance across healthcare supply chain data. The Company's proprietary healthcare databases, business rules and classification methodologies provide the domain-specific context used to guide AI-assisted data normalization, classification and enrichment workflows.

    "The healthcare industry continues to struggle with fragmented and inconsistent supply chain data," said Anders Ohlsson, Chief Technology Officer of SCWorx. "Our AI Data Management Model combines advanced AI technologies with SCWorx’s healthcare-specific expertise, proprietary attribute catalog, item substitute intelligence, and enhanced UNSPSC-based classification methodology to improve data quality, accelerate implementation timelines, and provide healthcare organizations with more actionable supply chain intelligence."

    Ohlsson added, "Artificial intelligence is only one component of the solution. SCWorx combines commercially available AI models with SCWorx's proprietary healthcare data and software assets, human QA, classification methodologies and domain expertise. The value comes from that combination, which we believe enables faster turnaround, greater scalability, improved quality and meaningful cost efficiencies for hospitals and health systems. We believe this platform will enable SCWorx to deliver higher-quality results at lower cost and with faster turnaround for our customers and partners."

    The underlying AI models are used in conjunction with SCWorx's proprietary software, healthcare databases, business rules and human quality assurance processes, where appropriate, to validate output quality. The AI Data Management Model is currently being deployed across SCWorx's healthcare data management offerings and is being made available to customers on selected engagements, with broader availability expected as implementation progresses.

    About SCWorx



    SCWorx Corp. (OTCQB:WORX) is a provider of healthcare data management solutions focused on improving the quality, accuracy, and interoperability of critical healthcare information. SCWorx helps healthcare organizations normalize, cleanse, enrich, and manage supply chain and clinical data to improve operational performance, financial outcomes, and decision-making.

    Safe Harbor Statement

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding SCWorx Corp.'s expectations, plans, objectives, future operating results, business strategies, market opportunities, product capabilities, customer adoption, anticipated benefits of its technology, artificial intelligence initiatives, partnerships, and future financial performance. These statements are often identified by words such as "anticipates," "believes," "expects," "intends," "plans," "may," "will," "should," "could," "would," "continue," "estimate," "project," "potential," "forecast," or similar expressions.

    Forward-looking statements are based on management's current expectations and assumptions and are subject to known and unknown risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied by such statements. These risks and uncertainties include, but are not limited to, the Company may not be able to successfully develop, commercialize, and implement its products and services; rates of customer acceptance of new technologies, including artificial intelligence-assisted solutions, may be lower than anticipated; new technologies may not perform as expected, disruptions stemming from dependence on third-party artificial intelligence providers,  anticipated cost savings, quality improvements or turnaround times may be less than expected; completion of customer implementations may take longer than expected; the Company may not be able to maintain and expand customer relationships as expected; regulatory developments that adversely affect our AI assisted tools; cybersecurity risks related to our technology and proprietary database; and the other risks described in the Company's filings with the U.S. Securities and Exchange Commission.

    Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Except as required by applicable law, SCWorx Corp. undertakes no obligation to update or revise any forward-looking statements to reflect events or circumstances after the date of this release or to reflect the occurrence of unanticipated events.

    Investor Relations Contact:

    SCWorx Corp.

    Investor Relations

    Email: ir@scworx.com

    Phone: 1-844-472-9679



    Primary Logo

    Get the next $WORX alert in real time by email

    Crush Q1 2026 with the Best AI Superconnector

    Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Standout.work

    Recent Analyst Ratings for
    $WORX

    DatePrice TargetRatingAnalyst
    More analyst ratings

    $WORX
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    View All

    SEC Form 3 filed by new insider Burke Michael Thomas

    3 - SCWorx Corp. (0001674227) (Issuer)

    11/5/24 1:14:51 PM ET
    $WORX
    Services-Misc. Amusement & Recreation
    Consumer Discretionary

    SEC Form 3 filed by new insider Kirchenbauer Troy Wayne

    3 - SCWorx Corp. (0001674227) (Issuer)

    11/4/24 5:27:36 PM ET
    $WORX
    Services-Misc. Amusement & Recreation
    Consumer Discretionary

    Matozzo Vincent Michael returned 3,056 units of Restricted Stock Units to the company, closing all direct ownership in the company (SEC Form 4)

    4 - SCWorx Corp. (0001674227) (Issuer)

    5/16/24 12:31:14 PM ET
    $WORX
    Services-Misc. Amusement & Recreation
    Consumer Discretionary

    $WORX
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    View All

    SEC Form SC 13G filed by SCWorx Corp.

    SC 13G - SCWorx Corp. (0001674227) (Subject)

    12/5/24 7:17:43 AM ET
    $WORX
    Services-Misc. Amusement & Recreation
    Consumer Discretionary

    SEC Form SC 13G filed by SCWorx Corp.

    SC 13G - SCWorx Corp. (0001674227) (Subject)

    11/26/24 5:02:01 PM ET
    $WORX
    Services-Misc. Amusement & Recreation
    Consumer Discretionary

    SEC Form SC 13G filed by SCWorx Corp.

    SC 13G - SCWorx Corp. (0001674227) (Subject)

    10/25/22 3:49:35 PM ET
    $WORX
    Services-Misc. Amusement & Recreation
    Consumer Discretionary

    $WORX
    Press Releases

    Fastest customizable press release news feed in the world

    View All

    SCWORX ANNOUNCES DEPLOYMENT OF AI-ASSISTED DATA MANAGEMENT MODEL FOR HEALTHCARE SUPPLY CHAIN DATA ATTRIBUTES

    Middleton, MA, July 08, 2026 (GLOBE NEWSWIRE) -- SCWorx Corp., a provider of healthcare supply chain data management, interoperability and analytics solutions, today announced the deployment of its Artificial Intelligence assisted Data Management Model, a platform designed to automate portions of the SCWorx-controlled data management process and assist with the classification, normalization, enrichment and governance of healthcare supply chain product attributes. The AI-assisted framework extends SCWorx's existing healthcare data management platform by leveraging its healthcare item database, developed over the past 12 years, together with its proprietary Healthcare Attribute Catalog, ad

    7/8/26 10:00:00 AM ET
    $WORX
    Services-Misc. Amusement & Recreation
    Consumer Discretionary

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

    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

    6/30/26 10:35:00 AM ET
    $WORX
    Services-Misc. Amusement & Recreation
    Consumer Discretionary

    SCWorx Receives Nasdaq Hearings Panel Decision Granting the Company’s Request to Continue its Listing on the Nasdaq Stock Market, Subject to Compliance Conditions

    MIDDLETON, MA, June 23, 2026 (GLOBE NEWSWIRE) -- SCWorx Corp. ("SCWorx" or the "Company"), a provider of data normalization and supply chain solutions for the healthcare industry, today announced that it has received a decision from the Nasdaq Hearings Panel (the "Panel") granting the Company’s request to continue its listing on The Nasdaq Stock Market, subject to satisfaction of certain conditions. By way of background, trading in the Company’s common stock was suspended on April 14, 2026 because the Company failed to meet the requirements of Nasdaq Listing Rule 5550(a)(2), which requires a minimum bid price of $1.00 per share (the "Bid Price Rule"). Under the terms of the Panel's deci

    6/23/26 3:41:20 PM ET
    $WORX
    Services-Misc. Amusement & Recreation
    Consumer Discretionary

    $WORX
    Leadership Updates

    Live Leadership Updates

    View All

    SCWorx Corp. Appoints New Chief Technology Officer to Accelerate Innovation in Healthcare Data Solutions

    Tampa, FL, Sept. 03, 2025 (GLOBE NEWSWIRE) -- SCWorx Corp. (NASDAQ:WORX), a leading provider of data management and software solutions for the healthcare industry, today announced the appointment of Anders Ohlsson, a seasoned technology executive, as its new Chief Technology Officer (CTO). This strategic hire underscores SCWorx's commitment to advancing its data platform and expanding its suite of data management and software solutions for healthcare providers. Mr. Ohlsson has over 25 years of experience in software engineering, cloud infrastructure, and machine learning applications. Prior to joining SCWorx, he held senior leadership roles at WideOrbit, where he spearheaded the developm

    9/3/25 11:44:49 AM ET
    $WORX
    Services-Misc. Amusement & Recreation
    Consumer Discretionary

    SCWorx Shareholders Overwhelmingly Approve Reverse Stock Split at Annual Meeting

    New York, NY, Oct. 10, 2023 (GLOBE NEWSWIRE) -- SCWorx Corp. (NASDAQ:WORX) announces the successful conclusion of its 2023 Annual Meeting of Stockholders (the "Meeting"). The Meeting yielded significant positive outcomes, instilling confidence in the Company amongst investors and stakeholders with shareholders embracing the reverse stock split and showing overwhelming support for the Company. Following the Meeting, the Company's Board of Directors (the "Board") approved a final ratio of 15-for-1 for the reverse stock split (the "Split"), which was within the parameters approved by the shareholders. The Split is expected to become effective at market open on October 11, 2023, pending conf

    10/10/23 12:21:05 PM ET
    $WORX
    Services-Misc. Amusement & Recreation
    Consumer Discretionary

    SCWorx Announces Compliance with Nasdaq Listing Standards and Appointment of Tim Hannibal as CEO

    NEW YORK, N.Y., June 01, 2021 (GLOBE NEWSWIRE) -- SCWorx Corp. (NASDAQ:WORX), a provider of data management services to healthcare providers, announced today that it has regained compliance with The Nasdaq Stock Market's ("Nasdaq") continued listing requirements regarding annual stockholder meetings and periodic reporting. In a letter dated May 25, 2021, Nasdaq indicated that SCWorx has regained compliance with its continued listing requirements for periodic reporting as a result of the filing of the Company's Annual Report on Form 10-K for the year ended December 31, 2020. In addition, the Company received a letter from Nasdaq on May 27, 2021 indicating that it has regained compliance wi

    6/1/21 6:04:04 PM ET
    $WORX
    Services-Misc. Amusement & Recreation
    Consumer Discretionary

    $WORX
    SEC Filings

    View All

    SCWorx Corp. filed SEC Form 8-K: Other Events, Financial Statements and Exhibits

    8-K - SCWorx Corp. (0001674227) (Filer)

    6/23/26 3:43:02 PM ET
    $WORX
    Services-Misc. Amusement & Recreation
    Consumer Discretionary

    SEC Form DEFR14A filed by SCWorx Corp.

    DEFR14A - SCWorx Corp. (0001674227) (Filer)

    6/16/26 9:56:25 AM ET
    $WORX
    Services-Misc. Amusement & Recreation
    Consumer Discretionary

    SEC Form DEF 14A filed by SCWorx Corp.

    DEF 14A - SCWorx Corp. (0001674227) (Filer)

    6/12/26 9:00:01 AM ET
    $WORX
    Services-Misc. Amusement & Recreation
    Consumer Discretionary