SCWorx appoints Tim Hannibal as CEO

– USA, NY –  SCWorx Corp. (Nasdaq: WORX), a provider of data management services to healthcare providers, today announced that its President and COO Tim Hannibal has been promoted to CEO.

Mr. Hannibal originally joined the company as Chief Revenue Officer in late 2016. Before SCWorx, Mr. Hannibal was the Founder, President, and CEO of a Software-as-a-Service company, VaultLogix, for 13 years.

“Tim is clearly the leader for the next evolution of SCWorx and he has the unanimous support of the Board of Directors,” said Board Chairman, Mark Shefts. “The SCWorx Board of Directors has had a strong focus on bringing in the right person to lead the company and we believe that Tim has demonstrated that he is the best leader for our employees, customers and shareholders. The SCWorx board is confident that the Company has the leadership necessary to drive its success for the next chapter.”

Tim Hannibal added, “Over the last 10-15 years technology within the healthcare industry has evolved both in cost and complexity. Unfortunately, the technology which was implemented within different hospital departments and with disparate objectives has failed to provide the promised advancements. SCWorx delivers a powerful solution which assists hospitals in benefiting from their technology and realizing the originally designated efficiency, accuracy, and cost savings. I am excited about the future and look forward to assisting both the company and our customers in achieving their objectives.”

About SCWorx Corp.

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’s data platform. The solution modules include Virtual Item Master, data cleanse and normalization, contract management and request for pricing module, automated rebate management module, data interoperability module, Automated Item Add Portal, Virtual General Ledger, and the data analytics module. SCWorx creates a single source for information for the healthcare provider’s data governance and analytics requirements.

For more information: https://www.scworx.com/

- DisclaimerNews, data, and statements included in this release are intended exclusively for general information purposes. Talent4Boards does not guarantee that news is accurate or about the correct person and accepts neither liability for the consequences of the reader’s reliance, nor responsibility for the accuracy of the information. Nothing in this release should be considered for decisions about referred securities. Products and brand names may be trademarks or registered trademarks of their respective owners.

Talent4Boards Team