Comprehensive Healthcare Systems Embraces AI to Transform Benefits Administration

Calgary, Alberta – Comprehensive Healthcare Systems Inc. (TSXV: CHS) (OTCQB: CMHSF) is integrating artificial intelligence (AI) capabilities into its Novus 360 platform, aiming to enhance automation, decision-making, and user experience for healthcare benefits administration. This strategic move positions the company at the forefront of innovation within the approximately $4-6 billion U.S. Healthcare benefits administration software market .

AI-Driven Enhancements to Novus 360

The company’s AI-focused strategy centers on improving its integrated healthcare benefits administration offering. Key areas of focus include smarter automation of processes, improved data-driven decision-making, and more intuitive user experiences for self-insured employers, unions, and third-party administrators (TPAs). The Novus 360 platform currently supports benefit and pension administration for over 1 million lives and processes more than 1.6 billion transactions annually .

Strategic Roadmap and Future Growth

According to Chris Cosgrove, Chief Executive Officer of CHS, investing in AI is a “natural and necessary step” in the company’s evolution . CHS’s broader strategic roadmap includes:

• Advancing data-driven capabilities through expanded proprietary analytics infrastructure.
• Integrating intelligent automation across client-facing and administrative workflows.
• Positioning CHS as a next-generation technology partner within the U.S. Healthcare benefits ecosystem.

Company Updates and Financial Performance

Comprehensive Healthcare Systems has recently undertaken several key initiatives to strengthen its position in the market. These include completing a major operational restructuring resulting in significant cost savings and achieving a realignment of its cost structure to current revenue levels . The company anticipates reporting positive adjusted EBITDA in Q1 2024, excluding legacy payments and extraordinary items, a significant improvement from an average cash loss of over USD 300K per month in Q3 2023 .

CHS also implemented price rationalization across its client base to account for increased inflation, enhancing revenue, and has a strong pipeline of new business development opportunities . Internalizing its technology team and reducing reliance on third-party vendors has improved quality control and performance for clients .

Recent Financial Activity

In March 2026, Comprehensive Healthcare Systems announced an extension of its non-brokered private placement, offering up to 7,000,000 units at a price of $0.50 per unit for potential gross proceeds of up to $3.5 million . The company also completed the first tranche of this private placement earlier in March . An investor webinar and Q&A session hosted by RedChip Companies was held on February 25, 2026, featuring CEO Chris Cosgrove .

About Comprehensive Healthcare Systems Inc.

Comprehensive Healthcare Systems Inc. Is a vertically integrated software as a service (SaaS) company focused on digitizing healthcare with Healthcare Benefits Administration solutions. Its Novus 360 platform provides healthcare administrative software and technology-enabled services for self-funded employers, providers, and labor unions .