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COMPREHENSIVE HEALTHCARE SYSTEMS INC. SIGNS OVER C$4.3M MULTI YEAR DEAL WITH A LARGE EDUCATION CONSORTIUM
COMPREHENSIVE HEALTHCARE SYSTEMS INC. SIGNS OVER C$4.3M MULTI YEAR DEAL WITH A LARGE EDUCATION CO...
About this update from Comprehensive Healthcare Systems Inc
[{"type":"text","content":"\n \n \n \n COMPREHENSIVE HEALTHCARE SYSTEMS INC. SIGNS OVER C$4.3M MULTI YEAR DEAL WITH A LARGE EDUCATION CONSORTIUM\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n CALGARY, AB\n \n \n ,\n \n \n April 12, 2023\n \n \n /CNW/ -\n \n Comprehensive Healthcare Systems Inc.\n \n (TSXV: CHS) (the \"Company\" or \"CHS\"), an industry leader in healthcare benefits administration software and services, is pleased to announce the addition of a large education consortium to the Company's expanding client portfolio.\n \n \n The new contract will generate over\n \n C$ 4.3M\n \n in recurring revenues over a period of 5 years for the Company and has the potential to expand during the length of the contract. The new client will be leveraging the Company's innovative Novus 360 solutions platform and Third-Party Administrator (TPA) services to streamline their benefits management through one centralized system.\n \n \n The Company went through a rigorous bidding process and competed against several vendors to win the contract. The management believes that the successful addition of a large client is testimony to the value that the Company's platform can offer to prospective clients.\n \n \n In Novus 360, CHS has developed the first fully integrated benefits admin solution that modernizes how organizations administer their plans and offers a comprehensive suite of customizable tools. This technology will provide support for the client's annual benefits enrollment for members and eligible dependents, with key features including Working Spouse Rule verification, district billing and premium collection, and COBRA management. In addition, CHS will be producing tailored video guides to educate consortium members on how to efficiently utilize the platform's member portal for enrolling in their benefits.\n \n \n \"We are excited to welcome a new large education consortium to our evolving client portfolio,\" said CHS Chief Executive Officer\n \n Chris Cosgrove\n \n . \"Our powerful Novus 360 benefits administration solution will enable this client to...