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

Executive Summary

• Comprehensive Healthcare Systems Inc. (“CHS”) signed a five‑year contract with Amalgamated Employee Benefits Administrators and Amalgamated Life Insurance Company to deploy its Novus360 platform across the client’s pension and employee benefits operations.
• The agreement is expected to boost CHS’s annualized revenue by approximately 25 % over the life of the contract, with direct costs projected to remain in line with historical averages.
• The partnership expands CHS’s footprint in the Taft‑Hartley multi‑employer union market and diversifies its client base into a large, established administrator.

Key Details

• Contract term: 5 years, signed December 16, 2025; effective immediately upon signing.
• Revenue impact: Anticipated ~25 % increase in CHS’s current revenue on an annualized basis for the contract duration.
• Cost expectations: Direct costs to fulfill the contract are expected to be consistent with CHS’s historical cost structure.
• Solution scope: Deployment of CHS’s cloud‑based Novus360 platform covering pension plan management, benefits enrollment, claims processing, compliance tracking, and advanced analytics.
• Strategic significance: Marks a “defining moment” for CHS in the Taft‑Hartley space, positioning the company as a leading technology partner for large multi‑employer unions.
• Client endorsement: Sanjay Chojar, SVP & CIO of Amalgamated, highlighted the platform’s flexibility and integration capabilities as key factors in selection.

Notable Quotes

“This five-year partnership marks a defining moment for Comprehensive Healthcare Systems … could significantly expand the reach of a solution that has already proven itself with union clients across the U.S.,” – Chris Cosgrove, CEO, CHS

“We selected Comprehensive Healthcare Systems after an extensive evaluation process because of their depth of expertise… The Novus360 platform stood out for its flexibility and integration capabilities within complex environments.” – Sanjay Chojar, SVP & CIO, Amalgamated