CHCS

CHCS Services

Business Description

CHCS Services, Inc. provides customized care management solutions to manage medical claims; underwriting, claims management, or senior administrative solutions; and Medicare and long term care services.

Background

 After launching successfully in the Florida market, the Company was seeking a strategic investor to help diversify its product line and expand nationally.

Solution

CHCS raised $5 million in common stock from Conseco, Inc., one of the nation’s leading long-term care insurance companies. A principal of Carter Morse & Mathias served as the Company's exclusive financial advisor in the transaction.