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Comprehensive Healthcare Systems Inc. Expands Client Base with Midwestern Union Partnership

Story Highlights
  • Comprehensive Healthcare Systems Inc. secures a five-year deal with a Midwestern Union.
  • The partnership involves implementing CHS’s Novus 360 platform to streamline benefits administration.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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Comprehensive Healthcare Systems Inc ( (TSE:CHS) ) has issued an update.

Comprehensive Healthcare Systems Inc. has expanded its client portfolio by securing a five-year recurring revenue agreement with a prominent Midwestern Union. This partnership involves implementing CHS’s Novus 360 platform, which will streamline the management of healthcare benefits and pension administration for the client. The platform’s integrated solutions, including a mobile application and member portal, aim to enhance engagement with union members and control costs. This strategic move aligns with CHS’s goal to broaden the market reach of its Novus 360 platform, reinforcing its position in the healthcare benefits administration industry.

More about Comprehensive Healthcare Systems Inc

Comprehensive Healthcare Systems Inc. is a vertically integrated software as a service (SaaS) company based in Alberta, focusing on digitizing healthcare with its Healthcare Benefits Administration solutions. The company provides reliable, high-volume transaction-capable systems through its Novus 360 platform, catering to self-funded employers, providers, and labor unions.

YTD Price Performance: 150.0%

Average Trading Volume: 625,086

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$3.1M

See more insights into CHS stock on TipRanks’ Stock Analysis page.

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