This article has been disseminated on behalf of ComprehensiveHealthcare Systems Inc. and may include paid advertising.
Comprehensive Healthcare Systems (TSXV: CHS) (OTCQB: CMHSF) announced it has engaged E.F. Hutton & Co. LLC to provide strategic financial advisory services as the company evaluates a potential uplisting to a senior U.S. national securities exchange. The engagement includes advising on financing alternatives, capital markets strategy and preparations for a potential uplisting, subject to applicable listing requirements and market conditions.
The company said the engagement supports its previously outlined growth strategy, which includes expanding its U.S. market presence, investing in artificial intelligence initiatives, enhancing its Novus360(TM) platform and pursuing strategic acquisitions. CHS noted that all of its revenue is generated in the United States and said a potential uplisting and access to additional growth capital could support continued investment in product development, sales expansion and acquisitions, although there is no assurance that an uplisting or financing transaction will be completed.
To view the full press release, visit https://ibn.fm/x4dOD
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.
For more information about the company, please visit https://www.comphealthcare.com/
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