Comprehensive Healthcare Systems Inc
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in mil. unless spec.Company Description
- CEO
- Chris Cosgrove
- Full Time Employees
- 47
- Sector
- Technology services
- Industry
- Packaged software
- Address
- 515 Plainfield Ave Edison NJ United States 08817
- IPO Date
- May 9, 2019
- Website
- comphealthcare.com
- Similar Companies
- Business
- Comprehensive Healthcare Systems Inc is a leading provider of healthcare benefits administration software and services, specializing in integrated Software-as-a-Service (SaaS) solutions. The company's core offerings include the Novus 360 Benefits Administration Software, which streamlines benefits management with advanced recovery capabilities, automated claims processing, and HIPAA-compliant cloud-based architecture; Novus 360 Third Party Administrator services for benefits administration management; Novus 360 Data & Pricing Transparency tools that enable members to understand out-of-pocket expenses; Novus 360 Medical Management for utilization and quality care control backed by experienced medical professionals; Novus 360 Pharmacy Benefit Management for prescription needs; and Novus 360 Financial Recovery software focused on medical claims financial recovery. Comprehensive Healthcare Systems operates predominantly in North America, serving healthcare benefits administrators, unions, and insurance clients. Founded and headquartered in Calgary, Alberta, the company has recently made significant strategic advances including signing a non-binding Memorandum of Understanding for a five-year partnership with a large health insurance benefits administrator in the Taft Hartley Multi-Employer Union market. It has expanded its client portfolio with multi-year recurring revenue agreements with prominent unions in major US cities, onboarding thousands of insured lives onto its Novus 360 platform to drive growth and scalability. Additionally, the company completed a major operational restructuring in 2024 resulting in significant cost savings and realignment of its cost structure to improve profitability, alongside the consolidation of shares and settling of liabilities through a shares-for-debt transaction. In mid-2025, the OTC Markets Group approved the trading of its common shares on the OTCQB Venture Market, enhancing its market visibility. Comprehensive Healthcare Systems is actively pursuing strategic acquisitions to further expand its market presence and technology capabilities by mid-2026. The company is recognized for offering a fully integrated benefits platform that delivers comprehensive healthcare benefits administration across software, medical management, claims processing, pharmacy benefits, and financial recovery, supported by a customer-centric approach with a 98% client retention rate, leveraging decades of healthcare and benefits administration expertise.
Company News
Comprehensive Healthcare Systems to Attend the International Foundation of Employee Benefit Plans 72nd Annual Employee Benefits Conference
Comprehensive Healthcare Systems to Acquire Third Party Administrator (TPA) America's Choice Healthplans, Moving from Benefits Software to Benefits Outcomes
Comprehensive Healthcare Annual General and Special Meeting and Completion of 1st Tranche Debt Settlement
Comprehensive Healthcare Systems Announces New Contract; Signs Amalgamated Transit Union 726 to Novus 360 TPA 3-Year Recurring Services Agreement
Comprehensive Healthcare Systems Wins Teamsters Union Benefits Administration Contract
Comprehensive Healthcare Systems Engages E.F. Hutton to lead Potential U.S. Exchange Uplisting
Join Comprehensive Healthcare Systems' Exclusive Live Investor Webinar and Q&A Session on June 11
Comprehensive Healthcare Announces Participation in the IFEBP Conference and Confirms Previously Announced Shares for Debt Settlement
Comprehensive Healthcare Systems Appoints Vice President of Sales to Accelerate Commercial Growth
Comprehensive Healthcare Systems Announces Closing of Second and Final Tranche of Private Placement
Comprehensive Healthcare Systems Issues CEO Shareholder Letter Highlighting Strategic Progress and Growth Outlook
Comprehensive Healthcare Systems Provides Business Development Update Highlighting Expanding Pipeline and Operational Enhancements
Comprehensive Healthcare Systems Advances Strategic Roadmap with New Artificial Intelligence Initiative
Comprehensive Healthcare Systems Announces Extension of Second Tranche of Private Placement
Join Comprehensive Healthcare Systems' Exclusive Live Investor Webinar and Q&A Session on February 25
Comprehensive Healthcare Systems Announces Closing of First Tranche of Private Placement
Comprehensive Healthcare Systems Upsizes Non-Brokered Private Placement
Comprehensive Healthcare Systems Inc. Engages RedChip Companies to Lead Investor Relations Efforts
Comprehensive Healthcare Systems Inc. Announces Non-Brokered Private Placement and Shares for Debt Settlement
Comprehensive Healthcare Systems Inc. Signs a 5-Year Benefits and Pension Administration Agreement with Amalgamated Life Insurance Company, a Member of the Amalgamated Family of Companies