KELOWNA, BC, June 13, 2014 – (TSX-V: QHR) QHR Corporation (“QHR” or the “Company”), a leader in the Healthcare Information Technology sector, is pleased to announce that it has been recognized by Canadian Business and PROFIT on the 26th annual PROFIT 500, the definitive ranking of Canada’s Fastest-Growing Companies. Published in the July issue of Canadian Business and online at PROFITguide.com, the PROFIT 500 ranks Canadian businesses by their revenue growth over five years.
QHR made the 2014 PROFIT 500 list with five-year revenue growth of 263% and was the top Electronic Medical Records (EMR) Company on the list.
“QHR is honoured to be on the PROFIT 500 ranking,” says Al Hildebrandt, President and CEO of QHR Corporation. “This achievement reflects the dedication of our team and the strength of our products. 2013 was another excellent year for QHR and being recognized as one of Canada’s Fastest-Growing Companies is something for which we are thankful to our customers and employees” Hildebrandt went on to say.
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In the Electronic Medical Records (EMR) market, QHR offers a suite of medical software modules that provide computer-based medical records for family physicians, medical specialists, and surgeons, as well as administrative modules for billing and patient scheduling, that is a key component in the move throughout Canada to provide electronic healthcare records for all Canadians. QHR also provides on-site and off-site (ASP) hosting capabilities for the EMR market.
In the Revenue Cycle Management (RCM) market, QHR provides best in class clearinghouse services through its SoftCare brand, helping healthcare providers exchange claim information accurately for health claim reimbursement. SoftCare provides a progressive medical billing service and provides a suite of healthcare interoperability solutions (EDI and Clearinghouse) and professional services. These solutions and services help clients navigate and simplify the complex transaction integration processes required for health plan enrollment, health insurance eligibility, and health insurance claims through to payment remittance with their trading partners. The RCM division markets SoftCare services primarily in the US.
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