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SCWorx Corp.
SCWorx Corp. (OTC: WORX) provides healthcare data analytics, revenue cycle management, and supply chain software to US hospital systems.
SCWorx Corp.
SCWorx Corp. was founded to address inefficiencies in healthcare administrative processes, particularly around medical billing and supply chain management. The company's software suite focuses on helping hospitals and health systems reduce costs and improve revenue capture through automated data analysis and repricing engines. SCWorx's strategy centers on selling software-as-a-service and managed services to healthcare providers. Its core offerings include charge capture, claims repricing, audit recovery, and vendor contract management. The platform is designed to work with existing electronic health record (EHR) and enterprise resource planning (ERP) systems. The company has disclosed relationships with several US health systems but does not publicly name specific clients. Its market is primarily domestic, focused on the US healthcare sector. The firm operates as a publicly traded entity with a small market capitalization, trading on the OTC Markets. As of late 2023, the company reported roughly $12 million in annual revenue and employed fewer than 30 people. No additional offices outside the US or philanthropic vehicles have been disclosed. The most notable recent event: In February 2024, SCWorx announced a strategic review process to explore potential mergers, acquisitions, or other transactions (per SEC filing, February 2024). SCWorx is structurally distinct from most healthcare analytics firms in that it operates as a micro-cap public company rather than a private family office or venture-backed startup. This structure requires quarterly earnings reporting and SEC compliance, which shapes its investment horizon and operational transparency.
General information
Firm type
other
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
—
City
—
Corporate office
—
Sector focus
Frequently asked questions
Is SCWorx Corp. structured as a family office or a public company?
SCWorx Corp. is a publicly traded company on the OTC Markets under the ticker WORX. It is not a family office or private investment vehicle. The firm files regular reports with the SEC, including quarterly and annual financial statements.
Who runs the investment decisions at SCWorx?
The company is led by a management team and board of directors. As of public filings, Timothy J. Cottrell served as President and CEO, and Marc Scott Friedman as CFO. Investment in technology and operations is managed internally.
What types of software does SCWorx provide?
SCWorx offers a platform covering revenue cycle management, including charge capture, claims repricing, and audit recovery, as well as supply chain and vendor contract management tools. The software is designed for hospital systems and health networks.
Does SCWorx invest in other companies or operate as a venture firm?
No. SCWorx Corp. is an operating company that develops and sells healthcare software and services. It does not function as an investment firm or family office.
What is SCWorx's geographic focus?
The company primarily serves the US healthcare market. There is no public information indicating international operations or clients outside of the United States.
Where can I find audited financial data for SCWorx?
As a public company, SCWorx files financial statements with the SEC. These can be accessed via the SEC's EDGAR database or the investor relations section of the company's website. The most recent filings are available on scworx.com.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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