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Comprehensive Healthcare Systems agreed to buy the business of U.S. third-party administrator America’s Choice Healthplans under an asset purchase agreement. Deal adds benefits administration operations to CHS’s Novus360 platform, expanding from software into technology-enabled outsourced administration. No CHS common
The acquisition pairs CHS's Novus360 software platform with the U.S. third-party administrator, expanding CHS into technology-enabled benefits administration. The source describes it as the first step in a potential roll-up.