KELOWNA, BC, June 29, 2015 /CNW/ - (TSX-V: QHR) QHR Corporation ("QHR" or the "Company"), a leader in the healthcare information technology sector, is pleased to announce the appointment of Mr. Michael ("Mike") Checkley to President and CEO of both QHR Corporation and its wholly-owned operating subsidiary, QHR Technologies Inc., effective immediately. With QHR since April 2004, Mr. Checkley is an Electronic Medical Records ("EMR") subject matter expert and one of the co-founders and developers of QHR's flagship Accuro EMR which has grown to be Canada's leading EMR solution. Prior to his appointment as CEO, Mike was President and has held a number of executive positions in the Company in Product Management and Development areas. Mike also has experience working with and mentoring technology start-ups and is active in the Okanagan technology community.
"As Canada's most popular EMR product with the most Physicians on a single platform, we are playing a transformational role in a movement in Healthcare Technology where our healthcare providers are empowered with data driven tools for decision support, and patients have more efficient and effective access to care. We are going beyond Electronic Medical Records, expanding our systems to provide virtual care, secure messaging, patient access to medical records, and online appointment booking. We believe technology can make a person's health easier to manage to the benefit of providers, patients, and our government healthcare administration." says Mike Checkley, President and CEO. "The focus of our company and teams has never been better, and I believe the market is ready to take this next step with us", continues Checkley.
In addition, QHR is pleased to announce Mr. D. Neil McDonnell as Chair of QHR's Board of Directors. Mr. McDonnell has been a leader in the British Columbia technology industry for over 30 years serving most recently as Chief Executive Officer of Wurldtech Security Technologies which he recently sold to General Electric. Prior to that, Neil held a series of senior positions in a number of British Columbia's most successful companies including TeraSpan Networks, Mobile Data Solutions Inc. (MDSI), TIR systems (a Royal Philips company) and Intrinsyc Software. Mr. McDonnell has been active as an Executive in Residence for the British Columbia Technology Industry Association and as a director of the British Columbia Lottery Corporation (BCLC).
QHR's newly elected board of directors as announced at QHR's 2015 Annual General Meeting are Garth Albright, Kelly Edmison, Gordon Glenn, Mark Kohler, Tom Liston and Neil McDonnell (Chair).
Mr. Kelly Edmison, a recently appointed director of QHR and President and CEO of PenderFund Capital Management, QHR's largest shareholder, said "This announcement signals QHR's transition to a more conventional model of professional managers reporting to a new board that is closely aligned with shareholders. We are confident that Mike is the natural leader of the company and his knowledge and passion about QHR's people, business and customers will take the company to the next level.
Our view is that Neil is one of best technology operators in British Columbia and will be an excellent source of wisdom and guidance for Mike. Our goal is to ensure that QHR's management and Board work together to serve the best interests of our customers and employees to drive increased value for our shareholders."
The board wishes to thank Al Hildebrandt, QHR's founder and former CEO for creating a great opportunity and grooming Mike as the company's new CEO. In addition, the board would like to recognize Dr. Ernie Wigmore, Jim Mutter and Art Mesher for their significant contributions to QHR as Directors as well as the efforts of Mark Kohler as the former Executive Chair.
On behalf of the Board of Directors
Mike Checkley, President and CEO
About QHR Corporation
QHR is a leader in Healthcare Technology, empowering providers and connecting patients. With an 11-year track record offering what is now the single leading Electronic Medical Records platform in Canada, QHR has a suite of complementary offerings that empower health professionals and drive the Company's growth. The Company's technologies and services enable secure medical records management for clinical environments, empower health providers with tools for virtual care including secure video and messaging, and tools for clinic management including scheduling, billing, and patient management, Health providers choose QHR to drive efficiencies within their practice and improve the quality of care delivered to patients.
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. Forward-looking statements in this news release include those concerning the Company's belief that technology can make a person's health easier to manage to the benefit of providers, patients and the government that the market is ready to take the next step with QHR and its anticipation of great things to come as the new management executes on the company's plans.
Risks that may prevent or delay the forward looking statements from coming to fruition include the effects of the Company's restructure, industry regulation; competition; the availability of capital and key personnel, obsolescence, workflow and market factors that may increase costs. 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 the Company's 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.
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 Corporation
For further information: Mike Checkley, President & CEO, 250.979.1709, mike.checkley@QHRtech.com; Jerry Diener, CFO & VP Finance, 250.979.1722, jerry.diener@QHRtech.com