QHR announces annual general meeting date and new management structure
KELOWNA, BC, June 18, 2014 /CNW/ - (TSX-V: QHR) QHR Corporation ("QHR" or the "Company"), a leader in the Healthcare Information Technology sector, today announced strategic changes to its management structure and also selected September 16th, 2014 as the date for QHR's Annual General Meeting ("AGM") in Toronto, Ontario.
The Company is announcing a management structure by business unit in order to enhance customer focus and operating efficiency. It has created two new positions to lead the Company's business units. Mr. Michael Checkley has been promoted to fill the new position of General Manager EMR (Electronic Medical Records) Division, and Mr. Michael Halligan has been promoted to fill the new position of General Manager RCM (Revenue Cycle Management) Division. QHR also notes that Mr. Owen Haley, Chief Commercial Officer, has resigned. QHR would like to thank Mr. Haley for his efforts in the past and wishes him success in his new pursuits.
Mr. Checkley is one of the co-founders and developers of QHR's flagship Accuro EMR platform which was acquired by QHR in April 2004, and has grown to be Canada's largest single-platform EMR solution. He has most recently been leading all EMR Product Management and Development at QHR and has been heavily engaged in all aspects of the EMR Division over his ten years at QHR.
Mr. Halligan has been at QHR since February 2010, most recently as the Vice President of National Sales for the RCM Division. Prior to that, he led National Sales for the EMR Division. Before joining QHR, Michael had extensive sales and operational experience in the United States which will be valuable as he leads the RCM Division.
"We are always looking at ways to get closer to our customers and to enhance our operational efficiencies. These management changes are another positive step in that direction. I am very pleased to announce the promotions of Michael Checkley and Michael Halligan to these key leadership positions. They have demonstrated great competence in their previous roles, long term commitment to QHR and we welcome them to the senior management team" said Al Hildebrandt, President and CEO of QHR Corporation.
The Company looks forward to reviewing its 2013 and current 2014 results as well as updating shareholders on its strategic growth plans at the AGM.
For more information on QHR, please visit: www.QHRtechnologies.com
On behalf of the Board of Directors
President and CEO
About QHR Corporation
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 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 a suite of healthcare interoperability solutions (EDI and Clearinghouse). These solutions and professional 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.
Legal Notice Regarding Forward Looking Statements
This news release may contain "forward looking statements" within the meaning of applicable Canadian securities legislation. These statements are subject to risks that may cause the actual results to be materially different in future periods from those expressed or implied by such forward looking statement. Risks that may prevent or delay the forward looking statements from coming to fruition include that we may not offer products that are acceptable to industry regulators or customers; competitors may offer better or cheaper products; we may not be able to raise sufficient capital to improve products to remain competitive; changing regulatory requirements may prevent our products from being sold as expected; we may not be able to attract or retain key personnel; our technology may become obsolete; orders could be cancelled or delayed and market factors may increase our costs more than expected. QHR is a technology business development enterprise where investment and product enhancements must be carefully managed to achieve long-term revenue growth and profitability. It is our policy not to update forward looking statements except to the extent required under applicable securities laws. Further information on the Company is available at www.sedar.com or at the Company's website, www.QHRtechnologies.com.
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SOURCE QHR CorporationFor further information: Al Hildebrandt, President & CEO, 250-979-1701, al.hildebrandt@QHRtechnologies.com; Jerry Diener, VP Finance & CFO, 250-979-1722, jerry.diener@QHRtechnologies.com; Jim Wilson, VP Marketing & Communications, 416-220-7484, jim.wilson@QHRtechnologies.com