CALGARY, AB, December 18, 2025/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 signing of a five-year contract with Amalgamated Employee Benefits Administrators and Amalgamated Life Insurance Company, (Amalgamated) providers of life  and health insurance solutions along with delivering health insurance and pension benefits administration in the Taft Hartley Multi-Employer Union space, to deploy its advanced administration platform across the organization’s pension and employee benefits operations. 

The agreement was signed on December 16^th, 2025 and expected started date is immediately upon signing. 

The signing of this agreement will result in a significant increase in the Company’s current revenue, approximately 25% on an annualized basis over the course of the contract. The Company expects the direct cost associated to fulfil this contract will be in the line with its historical average.    

Under this agreement, CHS will deliver a comprehensive solution that unifies pension plan management, benefits enrollment, claims processing, compliance tracking, and advanced analytics in a single, cloud-based platform.  The system is designed to streamline administrative workflows, improve participant experience, and support sustained growth across multi-employer and union-based health and pension plans.

“This five-year partnership marks a defining moment for Comprehensive Healthcare Systems and for the future of Taft-Hartley health and pension benefits administration, as our battle-tested Novus360 platform is deployed with one of the largest and most respected administrators in the multiemployer union space. This could significantly expand the reach of a solution that has already proven itself with union clients across the U.S.”, said Chris Cosgrove, CEO of Comprehensive Healthcare Systems

“By unifying health and pension administration on a single, modern, member-first system, this agreement could set a new benchmark for eliminating outdated silos, delivering real-time transparency for members and trustees, and driving measurable cost savings and efficiency at enterprise scale.”

“Our platform’s robust capabilities and scalability align perfectly with the evolving administrative demands facing TPA’s that manage diverse health and pension programs, and this milestone reinforces our commitment to delivering technology that simplifies administration, enhances member service, and helps administrators achieve measurable operational value.”

“We are proud to be the trusted technology partner supporting our client’s continued digital evolution and advancing innovation across the Taft-Hartley benefits market,” stated Mr. Cosgrove.

Amalgamated reinforced this sentiment, highlighting the strategic importance of the collaboration. “We selected Comprehensive Healthcare Systems after an extensive evaluation process because of their depth of expertise in both pension and health benefits administration,” said Sanjay Chojar, SVP and Chief Information Officer of Amalgamated. “The Novus360 platform stood out for its flexibility and integration capabilities within complex environments. This partnership will enable us to elevate our administrative service delivery and better serve our employer groups and participants.”

CHS’s solution includes data-driven analytics, automated workflows and secure cloud infrastructure to streamline plan administration while ensuring regulatory compliance and accuracy.

This five-year agreement reinforces CHS’s position as a trusted technology partner for health and pension benefits administrators seeking scalable, integrated solutions, and continues to diversify the company’s client base into new market segments and broaden its footprint across the healthcare and employee benefits ecosystem.

About Amalgamated Life Insurance Company and Amalgamated Employee Benefits Administrators, part of the Amalgamated Family of Companies 

Founded in 1943, Amalgamated Life Insurance Company has since grown into a leading provider of comprehensive insurance solutions operating in all 50 states and the District of Columbia.  The Company provides competitive group products including Term Life, Medical Stop Loss, Disability and Specialty Drug Cost Management, as well as voluntary products such as Accident, Accidental Death & Dismemberment, Critical Illness, Dental, Disability, ID Theft, Legal, Portable Term Life and Whole Life, among others.

Since 1975, Amalgamated Life Insurance Company has consistently earned the “A” (Excellent) Rating from A.M. Best Company attesting to its strong fiscal position and claims paying abilities.  The Company is a member of the Amalgamated Family of Companies; which includes: a third-party administrator, Amalgamated Employee Benefits Administrators; Amalgamated Medical Care Management, a medical care management firm; Amalgamated Agency, a property and casualty broker; and AliGraphics, a printing firm.

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 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 self-funded employers, providers, and labor unions), providing healthcare administrative software and technology-enabled services.

FORWARD-LOOKING INFORMATION:

The press release contains “forward-looking statements within the meaning of applicable securities laws. Forward-looking statements can be identified by words such as: “anticipate”, “intend”, “plan”, “budget”, “believe”, “project”, “estimate”, “expect”, “scheduled”, “forecast”, “strategy”, “future”, “likely”, “may”, “to be”, “could”, “would”, “should”, “will” and similar references to future periods or the negative or comparable terminology, as well as terms usually used in the future and conditional. These forward-looking statements are based on assumptions as of the date they are provided. However, there can be no assurance that such assumptions will reflect the actual outcome of such items or factors.

Additionally, there are known and unknown risk factors that could cause the Company’s actual results and financial conditions to differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important risk factors that could cause actual results and financial conditions to differ materially from those indicated in the forward-looking statements, include among others: general economic, market and business conditions in Canada and globally; market volatility; unforeseen delays in timelines for any of the transactions or events described in this press release; and the risk of regulatory changes that may impact the business of the Company. All forward-looking information is qualified in its entirety by this cautionary statement, and the Company disclaims any obligation to revise or update any such forward-looking statement or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events, or developments, except as required by law.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information:
COMPREHENSIVE HEALTHCARE SYSTEMS INC.
Chris Cosgrove, Chief Executive Officer
E-mail: chris.cosgrove@comphealthcare.com

Phone: 1-732-362-2010

The post Comprehensive Healthcare Systems Inc. Signs a 5-Year Benefits and Pension Administration Agreement with Amalgamated Life Insurance Company appeared first on Comp Health Care.

Who We Serve

Group Insurance Providers

Group Insurance Providers

Operational Efficiency. Tailored Products.

Insurance administrators continue to face many challenges around manual processes, data fragmentation, compliance, and customer service challenges. Many of these issues stem from legacy systems’ limitations, regulatory complexity, and claims processing, all of which lead to operational inefficiencies and risk exposures.

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Advantages

At Comprehensive, we are radically transforming the group insurance industry by driving operational efficiency, enabling more tailored products, while enhancing client and carrier experience across the value chain. This allows our clients to stay competitive by optimizing costs, improving accuracy and delivery, and most importantly, providing more personalized, digital-first products and services to both employers and plan members.

Transforming Group Life Insurance

With our Novus 360 Platform, Comprehensive works with our clients to automate manual workflows and slow processing, improving data quality while streamlining the customer journey experience.

Improving the Value Chain

Comprehensive continues to help solve our clients’ challenges around compliance and regulatory burdens, technology debt, and talent gaps, along with improving data quality and accuracy.

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Who We Serve

Pension Administration

Pension Administration

Your Benefits. Fully Managed.

Pension administrators face multiple challenges around regulatory complexity, outdated technology, data management, and talent shortages. Many of these issues stem from legacy systems’ limitations, regulatory complexity, and claims processing, all of which lead to operational inefficiencies and risk exposures.

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Advantages

At Comprehensive, we are radically transforming the pension industry by helping pension funds operate more efficiently, securely, transparently, and strategically by automating administration, improving data quality, supporting better investment management, and enhancing member services.

Automation and Workflow Efficiency

Novus 360 automates routine tasks such as benefit calculations, payroll processing, document management, and reporting, reducing manual errors and speeding up case resolution. Our modular and scalable platforms allow administrators to start with core automation (like calculations and valuations) and expand as needs grow, driving incremental transformation without massive upfront investment.

Enhanced Data Management and Security

The Novus 360 Platform is a fully integrated system that centralizes records and streamlines data validation, making it easier to maintain accurate, up-to-date member and plan data, which is essential for compliance and decision-making. Our enhanced security features protect sensitive personal and financial data, reducing the risk of breaches and ensuring regulatory compliance.

Improved Member Experiences

Novus 360’s digital engagement tools, Self-service portals and dashboards allow members to view benefits, run projections, and interact with administrators in real time, leading to greater transparency, engagement, and satisfaction. Our Mobile accessibility and digital modeling tools enable members to plan for retirement independently and quickly access information without waiting for paperwork or phone calls.

AI, Analytics, and Value-Driven Modernization

Novus 360 Artificial intelligence supports predictive analytics, personalized communication, and intuitive chatbots for member services, while also helping administrators automate compliance and decision support. Our Data-driven dashboards and AI-powered tools help administrators monitor trends, spot anomalies, and manage workloads efficiently, thus adding strategic value.

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Who We Serve

Union Benefit and Welfare Funds

Union Benefit and Welfare Funds

Your Benefits. Fully Managed

Union Benefit and Welfare Funds face many challenges today with rising healthcare costs, regulatory/legislative uncertainty, membership risk pool challenges and administrative burdens. Many of these issues stem from legacy systems limitations, regulatory complexity, claims processing and member engagement. All of which leading to operational inefficiencies, risk exposures and lower member satisfaction.

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Advantages

At Comprehensive, we continue to transform the Union space by streamlining administration, improving transparency, ensuring compliance, and empowering both plan administrators and union members with data-driven tools and secure self-service solutions.

Health and Welfare Fund Improved Efficiency

Novus 360’s union welfare and pension fund administration software automates complex tasks like eligibility determination, benefit calculations, reporting, and regulatory compliance. This reduces manual errors, lowers operating costs, and allows smaller funds to access sophisticated systems previously available only to large organizations

Streamlined Administration

Novus 360’s Union management software automates dues tracking, member renewals, grievance management, and reporting, reducing manual work and chances of error. Our ability to centralize member databases makes it easy to access secure and comprehensive member information, speeding up administrative tasks and communication.

Improved Communication and Engagement

With Novus 360’s Integrated communication tools (Portals, Apps, email, SMS, notifications) we can help facilitate targeted member outreach and increase member involvement in union activities and voting. Our Cloud-based solutions allow union leaders and members to access resources remotely, supporting engagement regardless of location.

Enhanced Transparency and Accountability

Novus 360 comes with Automated reporting dashboards that provide real-time insights into financial health, membership trends, and activity monitoring, supporting data-driven leadership decisions. Our Digital grievance tracking modules improve transparency in dispute resolution and ensure accountability throughout the process.

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What We Do

Life Insurance Administration Solutions

Life Insurance Administration Solutions

Modern tools to manage policies—smarter, faster, better.

Our Life Insurance Administration Software, also known as a Policy Administration System (PAS), is designed to manage the entire policy lifecycle—from underwriting and issuance to renewals and claims. Novus 360 brings automation, accuracy, and agility to insurers looking to modernize operations and elevate customer experience.

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What We Do

Tax Reporting

Tax Reporting

Seamless Tax Compliance with the Novus 360

At Comprehensive Healthcare Systems, we understand that accurate and compliant tax reporting is essential to effective benefits administration. That’s why the Novus 360 Tax Reporting Module is designed to simplify complex processes, reduce administrative burden, and ensure full compliance with federal, state, and local tax regulations.

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Here’s how Novus360 helps your organization stay ahead:

Simplified Compliance

• Automatically aligns with IRS regulations, including W-2 reporting and Affordable Care Act (ACA) requirements.
• Accurately tracks taxable and non-taxable benefits to ensure proper classification and reporting.

Enhanced Accuracy

• Integrates directly with payroll systems to eliminate errors in calculating taxable benefits such as group-term life insurance and fringe benefits.
• Proactively flags issues like eligibility changes or missed coverage offers, reducing the risk of costly penalties.

Efficient Tax Processing

• Centralizes employee benefit data in one platform, streamlining year-end tax reporting and ACA form preparation (1094/1095).
• Automates benefit deductions and contributions, saving valuable time and administrative effort.

Cost Control and Risk Reduction

• Minimizes financial exposure by ensuring accurate, timely filings in compliance with IRS codes.
• Cuts down on overhead by reducing reliance on manual tracking and reporting tasks.

Real-Time Reporting and Insights

• Built-in analytics provide visibility into benefit costs, employee participation, and tax obligations.
• Helps you identify trends and optimize benefit offerings while maintaining full regulatory compliance.

Better Employee Experience

• Delivers transparency through detailed pay stub breakdowns and self-service access to benefit tax data.
• Builds trust by eliminating surprises in compensation-related tax liabilities.

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What We Do

Mobile App

Mobile App

Smarter Benefits. At Your Fingertips.

Comprehensive Healthcare Systems’ mobile applications are redefining how members engage with their healthcare and retirement benefits—bringing convenience, transparency, and personalized support right to their devices.

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Designed for today’s workforce

Self-Service Enrollment

Easily enroll in benefits, update selections, and review coverage—anytime, anywhere. Our intuitive interface takes the hassle out of benefits management.

Personalized Recommendations

Receive tailored benefit suggestions based on your individual needs, helping you make smarter, more informed choices for yourself and your family.

Full Transparency

Access detailed information about your benefits—including plan documents, coverage summaries, and cost breakdowns—presented clearly and concisely.

Cost Impact Insights

Preview how benefit deductions affect your take-home pay through sample paycheck views, giving you real-time financial clarity.

Annuity & Pension Tools

Track your pension contributions and use built-in calculators to better plan for retirement, with projections that help you understand your future income.

On-Demand Support

Access tools, FAQs, and support resources directly through the app to get guidance and answers when you need them most.

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What We Do

Cloud Hosting

Cloud Hosting

Uninterrupted Access. Seamless Scalability. Enhanced Performance.

At Comprehensive Healthcare Systems, we leverage the power of cloud hosting to transform the way healthcare is delivered, managed, and experienced. Our cloud-based infrastructure enhances the efficiency, security, and agility of healthcare operations—benefiting providers, employers, and members alike.

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Why Cloud Hosting Matters in Healthcare

Enhanced Accessibility & Collaboration

Our cloud-based solutions ensure secure, real-time access to member data and medical records from anywhere with an internet connection. This seamless access enables:

• Up-to-date management of patient information
• Streamlined collaboration between healthcare professionals
• Instant sharing of records across hospitals, labs, and specialists
• Improved patient monitoring with reduced risks from outdated data

Improved Security & Compliance

Security is a cornerstone of our cloud infrastructure. We implement advanced safeguards to protect sensitive healthcare information:

• End-to-end encryption, firewalls, and multi-factor authentication
• Automated compliance checks to support HIPAA, GDPR, and other regulations
• Built-in redundancy and backup systems to prevent data loss

Cost Efficiency & Scalable Infrastructure

Our cloud solutions eliminate the burden of high upfront costs and rigid infrastructure:

• No need for physical servers or in-house data centers
• Flexible pay-as-you-go model that scales with your needs
• Lower IT maintenance costs and staffing requirements

Smarter Data Management & Interoperability

We simplify how medical data is handled, shared, and analyzed across platforms:

• Seamless integration with EHR systems and health databases
• Improved interoperability between applications and providers
• Advanced data mining for research, outcomes analysis, and planning

Disaster Recovery & Business Continuity

With built-in resilience, our cloud hosting ensures healthcare operations never skip a beat:

• Automated backups and geographically distributed servers
• Rapid data recovery in the event of disruptions or failures
• Minimal downtime for uninterrupted care delivery

Support for Emerging Technologies

Our cloud environment lays the foundation for cutting-edge healthcare innovations:

• Telemedicine and remote patient monitoring
• AI-driven diagnostics and predictive analytics
• Integration with IoT-connected medical devices

A Better Member Experience

Ultimately, our goal is to improve care and engagement for every member:

• On-demand access to benefit, eligibility, and claims information
• Transparent information for retirement benefits
• Faster responses for prior approvals

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What We Do

Pension Administration Software

Pension Administration Software

Secure. Streamlined. Scalable.

Novus 360 is a comprehensive pension administration software designed to simplify the complex world of retirement plan management. Whether it’s managing records, ensuring compliance, or handling benefits payouts, Novus 360 keeps it all running smoothly—giving organizations confidence and retirees peace of mind.

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Key Components

Administration & Record-Keeping

Novus 360 helps manage both Defined Benefit (DB) and Defined Contribution (DC) plans with ease. We take care of:

• Maintaining accurate participant records—both active and retired
• Educating members about their benefits
• Distributing benefits packages
• Ensuring on-time payouts to participants and beneficiaries

Compliance & Risk Management

Stay ahead of regulations with built-in compliance checks. We support your plan by:

• Managing regulatory risks
• Protecting sensitive participant data
• Keeping you updated on evolving laws and industry standards

Financial Management & Investment Oversight

Novus 360 supports your fiduciary responsibilities by:

• Tracking contributions from employers and employees
• Providing visibility into investment allocations
• Supporting long-term returns through informed decision-making

Technology & Software Solutions

Our modern platform automates day-to-day pension operations:

• Retirement benefit calculations
• Seamless participant enrollment
• Compliance tracking
• Integrated tools for accounting, asset management, and reporting

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What We Do

Price Transparency

Price Transparency

Clarity. Control. Confidence.

Novus 360’s Price Transparency solution is built to support the No Surprises Act, giving your members full visibility into their healthcare costs. Seamlessly integrate it into your existing systems or website and offer members the ability to:

• Understand out-of-pocket expenses upfront
• Compare costs for procedures across local facilities
• Make informed choices that work for their health and their budget

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Key Benefits

Fully Compliant

Stay ahead of regulations. Novus 360 provides both the machine-readable file and the user-friendly shopping tool required to meet federal price transparency mandates.

3-Week Implementation

We make it easy. Just share your pricing data and brand guidelines. In three weeks, you’re live with a fully integrated, branded solution.

Completely Customizable

Your logo. Your colors. Your voice. Novus 360 is built to reflect your brand, ensuring a seamless experience for your members.

Informed Decision-Making

With clear pricing and service details, members can make smarter choices—leading to better outcomes and potential cost savings.

Market Competition

Transparent pricing drives competition. That means better value and better care options for your members.

Compliance

Designed to support CMS and other federal requirements, Novus 360 keeps your organization compliant without the complexity.

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