SCWorx Corp. (WORX) Research

SCWorx Corp., headquartered in New York, New York, is a technology firm primarily dedicated to crafting and marketing advanced information technology solutions and related services for the healthcare industry. Its central aim is to enhance operational efficiency and streamline data flow within hospitals and various medical establishments across the United States. The company delivers a broad spectrum of data-focused services, encompassing the repair, standardization, and interoperability of healthcare information for providers, alongside delivering sophisticated big data analytics for the sector. Its diverse offerings include virtualized item master file repair, expansion, and automation; management of electronic medical records (EMR) and charge description masters (CDM); optimization of contract management; automation of request for proposal (RFP) and rebate processes; integration of acquired management systems; big data analytics modeling; data integration and warehousing; and its proprietary ScanWorx solution. Beyond its core healthcare IT endeavors, SCWorx has diversified into other areas. It operates CageTix, an online event ticketing platform specifically targeting regional mixed martial arts events. Additionally, the company is involved in the provision of personal protective equipment (PPE) and rapid COVID-19 test kits. SCWorx distributes its specialized solutions and services to hospitals and health systems through a multi-channel approach, leveraging both its internal sales team and strategic distribution and reseller partnerships.

Market snapshot

Symbol
WORX
Price
$1.11
Day change
+4.72%
Market cap
$303.5K
P/E ratio
-0.28x
52-week range
0.76-13.05
Sector
Healthcare
Industry
Medical - Healthcare Information Services

Peer companies

  • Concord Medical Services Holdings Limited (CCM)
  • CDT Equity Inc. (CDT)
  • Envoy Medical, Inc. (COCH)
  • Hepion Pharmaceuticals, Inc. (HEPA)
  • NewGenIvf Group Limited (NIVF)
  • PetVivo Holdings, Inc. (PETV)
  • Petros Pharmaceuticals, Inc. (PTPI)
  • Syra Health Corp. Class A Common Stock (SYRA)

Recent insider activity

  • Burke Michael Thomas — trade (0 shares) on 2024-10-31
  • Kirchenbauer Troy Wayne — trade (0 shares) on 2024-10-31
  • Matozzo Vincent Michael — D-Return (3056 shares) on 2024-05-15
  • IRBY ALTON F III — D-Return (6667 shares) on 2024-05-15
  • Horowitz Steven Ross — D-Return (7333 shares) on 2024-05-15

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