CALGARY,
AB, May 31, 2022 /CNW/ - Comprehensive
Healthcare Systems Inc., (TSXV: CHS) (the "Company" or "CHS") an
industry leader in healthcare benefits administration software and
services, is pleased to announce the expansion of its client
portfolio with a Midwest third party administrator (TPA). This
client will be utilizing CHS's NOVUS 360 platform, leveraging the
benefits and claims management capabilities to streamline how they
manage their customers and members.
Under the leadership of Chris
Cosgrove, Chief Executive Officer, CHS has made it a
strategic priority to offer its NOVUS 360 benefits administration
software solution to a wider market. A multi-year agreement worth
over $1.2M US with the potential to
grow, the addition of the Michigan-based TPA client solidfies the value
of its solution for firms in need of servicing self-funded benefits
programs. As a second strategic priority, CHS has been
employing a new client implementation methodology to increase the
speed at which CHS can deploy their cloud-based benefits
administration software for clients. CHS's accelerated
implementation model is designed to have clients live in as little
as 3 months.
Mr. Cosgrove commented: "We are excited to expand our client
portfolio with a reputable TPA in Michigan. Our benefits administration solution
will enable this TPA to better process claims, billing and
eligibility for their 60,000 members. In addition, our new
implementation methodology will ensure the client's workflow
redesign will go live in under 3 months. Ensuring client
success and providing speed to value is critical in Healthcare
Technology. We are excited as we partner and provide a
definite win for our new client."
About Comprehensive Healthcare Systems
Inc.
Comprehensive Healthcare Systems Inc. is a corporation
incorporated under the laws of the Province of Alberta and is the parent company of
Comprehensive Healthcare Systems Inc. (Delaware). The Company is a vertically
integrated software as a services (SaaS) company focused on
digitizing healthcare with Telehealth and Healthcare Benefits
Administration solutions, providing reliable and high-volume
transaction capable systems. The Company's state of the art Novus
360 Healthcare Welfare and Benefits Administration (HWBA) SaaS
platform is used by clients for all aspects of healthcare benefits
administration (including insurance companies, employers,
hospitals, doctors, and labor unions, through a various corporation
in which the majority shareholder has controlling ownership),
providing healthcare administrative software, and technology
enabled services.
SOURCE Comprehensive Healthcare Systems Inc.
