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QHR CORPORATION V.QHR

"QHR Corp with its technologies enable secure medical records management for clinical environments, provide health providers with tools for virtual care including secure video consultation & messaging, and facilitate billing & health insurance eligibility."


TSXV:QHR - Post by User

Post by undervalueon Aug 22, 2013 9:41am
273 Views
Post# 21689019

q2

q2QHR reported ebita and rev for q2. Total revenue declined from q1 by 200k.
EMR was down 100k, EMS is down 140k RCM up 40. (RCM increased it's bleed to a quarter million for the q The Finance person in an interview expected the division would be 10% of sales by year end. Either they need to grow by 30% in the next few months, or the total rev for the co. needs to decline a bunch.) Not a blowout growth quarter.
There are no net numbers, but after amortization there will not be much net earnings I assume.
Q3, the summer, is slower, so I expect further sales reductions, Given that most of the Healthscreen conversion sales numbers have been billed, the normalized EMR revenue should be seen in Q3. 
I might comment after sedar updates.
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