{"id":750932,"date":"2023-04-25T11:11:42","date_gmt":"2023-04-25T15:11:42","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/new-york-hospital-selects-scworx-for-data-management-and-workday-implementation-assistance\/"},"modified":"2023-04-25T11:11:42","modified_gmt":"2023-04-25T15:11:42","slug":"new-york-hospital-selects-scworx-for-data-management-and-workday-implementation-assistance","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/new-york-hospital-selects-scworx-for-data-management-and-workday-implementation-assistance\/","title":{"rendered":"New York Hospital Selects SCWorx for Data Management and Workday Implementation Assistance"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">New York, NY, April  25, 2023  (GLOBE NEWSWIRE) &#8212; SCWorx Corp. (Nasdaq: WORX) today announced that it has signed another new healthcare provider for its SaaS data management service offering and Workday implementation assistance.<\/p>\n<p align=\"justify\">This new hospital customer, headquartered in New York, is a non-profit academic healthcare provider with over 400 beds under management. In addition to the company\u2019s data management service offering the hospital will utilize SCWorx expertise and application functionality to assist with the hospital\u2019s Workday implementation.<\/p>\n<p align=\"justify\">\u201cSCWorx is providing this new customer with our Foundation data management platform.\u00a0 This platform is continuing to be recognized as an advanced application that empowers hospitals to accurately move data between supply, clinical and finance applications.\u00a0 Accurate data enables hospitals to track information about items for proper revenue capture.\u00a0 In addition, this data can be used to enable other applications to perform better.\u201d, said Tim Hannibal, SCWorx CEO.\u00a0 Hannibal added, \u201cThe foundational data principle is that all applications work more effectively with accurate data.\u00a0 This is why this healthcare provider chose SCWorx for data management as well as Workday implementation assistance.\u00a0 Workday is a transformational experience for a healthcare provider and the best way to start is with the highest quality data.\u00a0 More and more healthcare organizations are selecting and implementing\u00a0Workday\u00a0as their enterprise resource planning solution. SCWorx is a valuable application and partner for this very significant implementation.\u00a0 This is another great customer win for SCWorx and continues to demonstrate the value SCWorx brings to hospitals.\u201d<\/p>\n<p>\n        <b>About SCWorx<\/b>\n      <\/p>\n<p align=\"justify\">SCWorx has created an advanced attributed virtualized item data warehouse utilizing machine learning and artificial intelligence to offer a suite of software-as-a-service-based solutions for healthcare providers. The value proposition for customers revolves around the full integration of all solution modules with the company\u2019s data platform for cost savings, operational efficiency and accurate benchmarking and reporting. The solution modules include Virtual Item Master, data cleanse and normalization, contract management and request for pricing (RFP) module, automated rebate management module, data interoperability (EMR, MMIS, finance) module, Automated Item Add Portal, Virtual General Ledger, and the data analytics module. SCWorx creates a single source for information for\u00a0the healthcare provider\u2019s data governance and analytics requirements. <\/p>\n<p>\n        <b>Forward-Looking Statements<\/b><br \/>\n        \n      <\/p>\n<p align=\"justify\">This press release contains \u201cforward-looking statements\u201d that involve substantial risks and uncertainties for purposes of the safe harbor provided by the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, included in this press release regarding strategy, future operations, future contract renewals and terminations, future financial position, prospects, plans and objectives of management are forward-looking statements. You can identify many (but not all) such forward-looking statements by looking for words such as \u201cassumes,\u201d \u201capproximates,\u201d \u201cbelieves,\u201d \u201cexpects,\u201d \u201canticipates,\u201d \u201cestimates,\u201d \u201cprojects,\u201d \u201cseeks,\u201d \u201cintends,\u201d \u201cplans,\u201d \u201ccould,\u201d \u201cwould,\u201d \u201cmay\u201d or other similar expressions. You should not place undue reliance on these forward-looking statements. Such statements are based on management\u2019s current expectations and involve risks and uncertainties. Actual results and performance could differ materially from those projected in the forward-looking statements as a result of many factors, including, without limitation, economic disruptions affecting our customers, unexpected contract terminations, securing future contracts and orders, future product sourcing, supply disruptions, containing costs, the ability to project future cash utilization and reserves needed for contingent future liabilities and business operations, the availability of sufficient resources of the company to meet its business objectives and operational requirements and other important factors that are detailed in filings with the Securities and Exchange Commission made from time to time by SCWorx, including its Annual Report on Form 10-K for the year ended December 31, 2021, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K. Matters described in forward-looking statements may also be affected by other known and unknown risks, trends, uncertainties and factors, many of which are beyond the company\u2019s ability to control or predict. SCWorx undertakes no obligation to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.<\/p>\n<p>\n        <b>Contacts:<\/b>\n      <\/p>\n<p>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=_rwXepxw6efZgw6ykWyNgsDE9B9VrAV1uaGFnZwTrYo6vqNdP2eKmV0qufQa9W3guD3Zf5HItaReZR9mbTR6cY8Z0dzIaLVzsSl92GG-pt3zoZDGcbmghI5LLLXPJLT0hslNcr3-nqsIeVZEmSmrgn7iFEEuw54e3XH3W5RcAcSnVqKSKl9_mB0Ph2CwMPEAMYD0IXZasUg1WviOlPAb7Ibr2fFrtDeUK7VnDtQz_AHn_oBzkJLN5FrBk_96TO-ds7Cpfpma8sDL4JfQzeNXbkIreaS9znCjHBx6lZdnaJ8hqbCKaBSzBID22NISmn4pmmuoa_1c-_1DFeqENHMMsOsu5t28Dh1379EMkUGR7BjaJCUUh8CgnJGmMFmgvsk73JxWXqnIWLVevpkE1swGB_VrSCpbThAHVeSl0ewP_30=\" rel=\"nofollow noopener\" target=\"_blank\">ir@scworx.com<\/a><br \/>\n        <br \/>###<br \/>Source: SCWorx Corp.<\/p>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODgyNTEzNiM1NTU2MTc3IzUwMDA3MjMzNg==\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/ZDVmZjUzNzAtMjEyNy00MGQ2LWE0NGEtMDBhZmFjNWM3MzdkLTUwMDA3MjMzNg==\/tiny\/SCWorx-Corp-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>New York, NY, April 25, 2023 (GLOBE NEWSWIRE) &#8212; SCWorx Corp. (Nasdaq: WORX) today announced that it has signed another new healthcare provider for its SaaS data management service offering and Workday implementation assistance. This new hospital customer, headquartered in New York, is a non-profit academic healthcare provider with over 400 beds under management. In addition to the company\u2019s data management service offering the hospital will utilize SCWorx expertise and application functionality to assist with the hospital\u2019s Workday implementation. \u201cSCWorx is providing this new customer with our Foundation data management platform.\u00a0 This platform is continuing to be recognized as an advanced application that empowers hospitals to accurately move data between supply, clinical and finance applications.\u00a0 Accurate data enables hospitals to &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/new-york-hospital-selects-scworx-for-data-management-and-workday-implementation-assistance\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;New York Hospital Selects SCWorx for Data Management and Workday Implementation Assistance&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-750932","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>New York Hospital Selects SCWorx for Data Management and Workday Implementation Assistance - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/new-york-hospital-selects-scworx-for-data-management-and-workday-implementation-assistance\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New York Hospital Selects SCWorx for Data Management and Workday Implementation Assistance - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"New York, NY, April 25, 2023 (GLOBE NEWSWIRE) &#8212; SCWorx Corp. (Nasdaq: WORX) today announced that it has signed another new healthcare provider for its SaaS data management service offering and Workday implementation assistance. This new hospital customer, headquartered in New York, is a non-profit academic healthcare provider with over 400 beds under management. In addition to the company\u2019s data management service offering the hospital will utilize SCWorx expertise and application functionality to assist with the hospital\u2019s Workday implementation. \u201cSCWorx is providing this new customer with our Foundation data management platform.\u00a0 This platform is continuing to be recognized as an advanced application that empowers hospitals to accurately move data between supply, clinical and finance applications.\u00a0 Accurate data enables hospitals to &hellip; Continue reading &quot;New York Hospital Selects SCWorx for Data Management and Workday Implementation Assistance&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/new-york-hospital-selects-scworx-for-data-management-and-workday-implementation-assistance\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-04-25T15:11:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODgyNTEzNiM1NTU2MTc3IzUwMDA3MjMzNg==\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/new-york-hospital-selects-scworx-for-data-management-and-workday-implementation-assistance\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/new-york-hospital-selects-scworx-for-data-management-and-workday-implementation-assistance\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"New York Hospital Selects SCWorx for Data Management and Workday Implementation Assistance\",\"datePublished\":\"2023-04-25T15:11:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/new-york-hospital-selects-scworx-for-data-management-and-workday-implementation-assistance\\\/\"},\"wordCount\":684,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/new-york-hospital-selects-scworx-for-data-management-and-workday-implementation-assistance\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODgyNTEzNiM1NTU2MTc3IzUwMDA3MjMzNg==\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/new-york-hospital-selects-scworx-for-data-management-and-workday-implementation-assistance\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/new-york-hospital-selects-scworx-for-data-management-and-workday-implementation-assistance\\\/\",\"name\":\"New York Hospital Selects SCWorx for Data Management and Workday Implementation Assistance - 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