KELOWNA, BC, June 2, 2011 – (TSX-V: QHR) QHR Technologies Inc. (“QHR” or the “Company”) a leader in the Canadian Healthcare Information Technology sector has been recognized as company #136 on the 23rd annual PROFIT 200 ranking of Canada’s Fastest-Growing Companies by PROFIT Magazine.
Ranking Canada’s Fastest-Growing Companies by five-year revenue growth, the PROFIT 200 profiles the country’s most successful growth companies. Published in the Summer issue of PROFIT and online at www.PROFITguide.com, the PROFIT 200 is Canada’s largest annual celebration of entrepreneurial achievement.
QHR revenues in 2005 were $4,288,705 which grew to $19,070,900 in 2010 a 345 % increase. This revenue growth placed QHR at #136 on the prestigious listing.
“We are very proud to be recognized on this notable list, validating the hard work we have invested to grow QHR Technologies over the last five years, in challenging economic times,” says Al Hildebrandt, President and CEO of QHR.
QHR was founded in 1997 and became a public company in 2000. Growing the business in the healthcare IT space has taken significant resolve to weather the ups and downs of the industry segment. The Enterprise Management solutions (EMS) space as well as the emerging Electronic Medical Records (EMR) division has provided QHR an opportunity to expand and grow the business through excellent customer care couple with leading technology products and services.
“The PROFIT 200 companies are the innovative, high-growth enterprises Canada needs to compete on the global stage,” says Ian Portsmouth, Editor-in-Chief of PROFIT Magazine. “PROFIT is proud to celebrate their achievements and ambitions, and we encourage all businesspeople to learn more about the many ways they’ve come so far, so fast.”
“We extend our congratulations to all the hard-working companies that made the PROFIT 200. We thank our staff for their dedication and hard work which has helped us become recognized by these external metrics. Lastly, we wish thank our many supportive customers, staff and shareholders for their important contributions,” says Hildebrandt.
About Profit 200
About PROFIT Magazine: PROFIT: Your Guide to Business Success is Canada’s preeminent publication dedicated to the management issues and opportunities facing small and mid-sized businesses. For 29 years, Canadian entrepreneurs and senior managers across a vast array of economic sectors have remained loyal to PROFIT because it’s a timely and reliable source of actionable information that helps them achieve business success and get the recognition they deserve for generating positive economic and social change. Visit PROFIT online at PROFITguide.com.
About QHR Technologies Inc.
QHR Technologies is a leading provider of information technology solutions that serves the Canadian healthcare market and public safety sector through three divisions:
The Enterprise Management Software (“EMS”) division provides complex healthcare and social services environments with workforce management solutions including integrated payroll, staff scheduling and human resource applications as well as customized financial management software built on the Microsoft Dynamics GP platform.
The Electronic Medical Records (“EMR”) division develops software modules for family physicians, medical specialists, and surgeons that enable these practitioners to participate in the Canada-wide move to implement electronic medical records management along with computer-based billing and patient scheduling.
The Hosting division specializes in providing EMR ASP hosting solutions, both on-site and off-site, including custom application hosted solutions, exchange email hosting, office software packages, mobile messaging services, server archiving and many other custom solutions and services. These solutions are targeted at EMR clients looking for an enhanced ASP option required by some provincial governments.
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