TELEO Capital Management (TELEO) has acquired CHCS Services (CHCS) from Capgemini America. CHCS is a technology-enabled third-party administrator (TPA) for the senior health and eldercare markets.
CHCS specialises in supplemental health care solutions for senior markets with a focus on long term care (LTC) and Medicare Supplement (MedSup) plans.
CHCS provides third-party administration and support as well as customized care management solutions and services for accident and health, disability, all Medicare supplement plans, and other forms of supplemental insurance policies for global insurance carriers.
