MASHINIi

SCWorx Corp..

WORX.US | Computer programming activities

SCWorx Corp. is a provider of cloud-based software solutions for the healthcare industry. The company focuses on data normalization, cleansing, and analytics to improve supply chain efficiency and reduce costs for hospitals and healthcare providers. Their platform aggregates and standardizes data fr...Show More

Ethical Profile

Mixed.

SCWorx Corp. faced an SEC matter in 2020, settling a case related to a press release with a $125,000 fine and $471,000 disgorgement, which was satisfied by contributing $600,000 in stock to harmed investors. Despite this past regulatory issue, the company supports healthcare efficiency, serving over 1,300 hospitals nationwide. Its data management solutions reportedly generate over $3 million in annual cost savings/revenue capture per client by improving data accuracy. SCWorx maintains a Code of Business Conduct and has a board with 75% independent members, though its whistleblower policy routes complaints to the CFO.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business-20
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business-20
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

0

SCWorx's core business, which constitutes 100% of its offerings, provides cloud-based software solutions for healthcare data management, supply chain efficiency, and cost reduction for hospitals.

1
This ultimately leads to safer, more cost-effective, and financially efficient patient care, indicating its entire business is devoted to health improvement.
2
The company generates no revenue from products with negative health impacts.
3
As a software provider, its products do not have direct safety implications for physical or mental health.
4
SCWorx aims to assist hospitals in achieving significant cost reductions and offers an "a-la-carte product offering" to avoid "one-size fits all pricing models," allowing hospitals to pay only for needed services.
5
However, there is no evidence regarding the affordability of its services relative to median local income or cost-plus pricing. The company does not have a business model that involves serving vulnerable populations with health needs.
6
SCWorx incorporates standard IT security measures, including firewalls, disaster recovery, and backups, and uses a third-party hosting provider, Rackspace.
7
During the COVID-19 pandemic, SCWorx established a subsidiary, Direct-Worx, LLC, to source critical, difficult-to-find items for the healthcare industry, but this subsidiary has since ceased operations.
8
The company's solutions address challenges faced by supply chain teams, who are under increasing pressure to adopt a more data-driven approach.
9
While SCWorx offers a suite of SaaS-based data management solutions, there is no specific data on the share of R&D or capital allocation aimed at improving health outcomes and accessibility.

Fair Money & Economic Opportunity

0

SCWorx Corp. provides cloud-based software solutions for the healthcare industry, specifically for hospitals and health systems, focusing on data normalization, cleansing, and analytics.

1
The company's business model does not involve lending, insuring, moving, or storing money for consumers, nor does it offer financial products or services to individuals. Therefore, KPIs related to consumer financial services, such as underserved client share, pricing fairness (APRs), exploitative fee exposure, inclusion initiatives, fair lending compliance, wealth building outcomes, financial literacy initiatives, debt burden ratio, and geographic inclusion for financial access points, are not applicable to its operations. While SCWorx's solutions aim to reduce costs and improve efficiency for healthcare providers,
2
this does not align with the rubric's definition of wealth building outcomes for individual consumers or fair pricing for consumer financial products. Similarly, data accessibility and product simplicity, as defined by the rubric for financial products and open-banking APIs, do not apply to SCWorx's healthcare data management solutions. There is no evidence of profit reinvestment in community finance or profit-sharing with underserved communities.
3

Fair Pay & Worker Respect

0

No evidence available to assess SCWorx Corp. on Fair Pay & Worker Respect.

Fair Trade & Ethical Sourcing

0

WORX.US is a provider of cloud-based software solutions for the healthcare industry. Its business model does not involve the procurement or trade of physical commodities.

1
Therefore, KPIs related to fair-trade certifications, on-site audits for welfare, traceability of physical materials, remediation for sourcing violations, and spend on high-risk materials are not applicable to its operations.
2
Similarly, ethical-sourcing clauses typically associated with the production of physical goods are not in scope for this type of company.
3

Honest & Fair Business

-20

The company settled an SEC matter on June 6, 2022, incurring a $125,000 penalty.

1
A formal whistle-blower policy is in place, with complaints routed to the CFO for investigation and non-retaliation policies.
2
The Nominating and Corporate Governance Committee Charter mandates that 75% of board members must be independent, as defined by NASDAQ standards.
3
A Code of Business Conduct and Ethics is in place, and a committee monitors compliance and reports violations to the Board.
4

Kind to Animals

0

SCWorx Corp. provides cloud-based software solutions for the healthcare industry. Its business model does not involve physical products, animal-derived ingredients, animal testing, animal husbandry, or operations that directly impact wildlife habitats.

1
All KPIs are therefore not applicable, aligning with the '0' tier definitions.
2
One article explicitly lists SCWorx Corp. as a company that does not exploit animals, and another states 'Not applicable' for all animal welfare metrics.
3

No War, No Weapons

0

SCWorx Corp.'s core business activities, as detailed in its 2019 Form 10-K filing, include healthcare data management, software solutions, analytics, and a mixed martial arts ticketing platform.

1
A subsidiary, Direct-Worx, LLC, was formed to source PPE and COVID-19 test kits.
2
None of the provided articles indicate any involvement in arms manufacturing, military contracts, or conflict facilitation. Therefore, the company has no defense or arms-related activities in its core business, and no exposure to controversial or banned weapons.

Planet-Friendly Business

-20

In 2024, the company utilized 38.5% renewable energy.

1
It reported a reduction in carbon emissions of 0.63 metric tons of CO2 and a decrease in paper consumption by 42,500 sheets, equivalent to preserving 5.1 trees.
2
The company invested $124,500 in carbon offsets in 2024.
3
Its data center energy consumption was 1,247,000 kWh in 2024, with a Power Usage Effectiveness (PUE) of 1.45.
4

Respect for Cultures & Communities

0

No specific, concrete evidence was found in the provided articles for WORX.US regarding its respect for cultures and communities. The articles either pertained to other entities, were general governance documents without specific details on community engagement, or explicitly stated a lack of relevant data for WORX.US against the defined KPIs.

Safe & Smart Tech

0

No evidence available to assess SCWorx Corp. on Safe & Smart Tech.

Zero Waste & Sustainable Products

0

No evidence available to assess SCWorx Corp. on Zero Waste & Sustainable Products.

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.