KELOWNA, BC, April 25, 2013 /CNW/ - (TSX-V: QHR) QHR Technologies Inc. ("QHR") a leader in the Healthcare Information
Technology sector, is pleased to announce that it has been recognized
by Branham Group, a leading industry research and strategic consulting
firm, in its 2013 Branham300 industry report. The Branham300 highlights
the top Canadian and Multinational Information and Communication
Technology (ICT) companies operating in Canada and is widely considered
as a leading source of intelligence on Canada's ICT industry.
QHR ranked #5 in Pure-play Healthcare ICT Companies in Canada and #112
overall (up from #131 prior year) in the Top 250 Canadian ICT
Companies. The Company reported record revenues in 2012 of $29.5
million, a 23.5% increase over revenues of $23.9 million in 2011.
"QHR's continued climb up the ranks of the Branham300 and being named a
top 5 Healthcare IT company are accomplishments that we are very proud
of" said Al Hildebrandt, CEO of QHR. "We are focused and passionate
about improving information technology in the healthcare sector and
being recognized on this prestigious list, by a leading research firm
such as Branham, is a tremendous honour. We would like to thank our
customers and employees for helping us achieve this top 5 position."
For 20 years now, the Branham300 has highlighted the top Canadian and
Multinational ICT companies operating in Canada, as ranked by revenues.
It illustrates the depth and breadth of innovative technologies
developed in Canada and is widely considered to be a leading source of
intelligence on Canada's ICT industry.
"QHR Technologies has once again enhanced its presence in Canada's
Healthcare Information and Communication Technology (ICT) market by
being named a top 5 Healthcare ICT pure-play and rising 19 positions in
the overall Top Canadian ICT Company rankings", said Wayne Gudbranson,
President and CEO of Branham Group. "The Branham300 has become an
important gauge by which Information Technology (IT) companies measure
their success and QHR should be proud of their rapid growth and to be
recognized among the elite companies in the country."
To read more about the Branham300, please visit: http://www.branham300.com/index.php
About Branham Group Inc.
Branham Group Inc. is a leading industry analyst and strategic marketing
company servicing the global Information and Communication Technology
(ICT) marketplace. Branham Group assists ICT Technology companies and
related institutions in achieving market success through its custom
consulting services (Planning, Marketing and Partnering), and through
its multi-client research subscription programs (Digital Health, Green
IT and Cloud). Branham also produces an annual listing of the top ICT
companies in Canada (www.branham300.com) and monitors over 450 Digital Health vendors (www.branhamgroup.com/digitalhealth).
For more information regarding Branham Group, please visit www.branhamgroup.com.
About QHR Technologies Inc.
QHR is a leader in quality and technology, providing software and
services in the following markets:
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 of 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 Enterprise Management Solutions (EMS) market, QHR specializes in
workforce management software, which consists of integrated payroll,
staff scheduling and human resource software, and in customized
financial management software built on the Microsoft Dynamics GP
platform. These products are targeted at complex health care, social
services and public safety environments.
In the healthcare Revenue Cycle Management (RCM) market, QHR provides
best in class clearinghouse services, with over 1,500 payers, which
assist US health care providers to exchange claim information that
ensures accurate revenue management. QHR provides a progressive medical
billing service that outsources coding, payer reconciliation and
revenue reporting. QHR's software also supports employer health plan
enrolment, employee health plan eligibility and health care
interoperability through a 5010 standard based EDI gateway.
Legal Notice
This news release does not contain any "forward looking statements"
within the meaning of applicable Canadian securities legislation.
Further information on the Company is available at www.sedar.com or at the Company's website, www.QHRtechnologies.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
SOURCE: QHR Technologies Inc.
