KELOWNA, BC, July 23, 2013 /CNW/ - (TSX-V: QHR) QHR Corporation (formerly QHR Technologies Inc.) ("QHR" or the
"Company") a leader in the Canadian Healthcare Information Technology
sector is pleased to announce that it has granted an aggregate
1,700,000 stock options to various directors, management and employees
of the Company. Each option is exercisable at $0.70 per common share
and is exercisable at any time until July 22, 2018. The options
generally vest over a two year period in equal installments each
On behalf of the Board of Directors
Al Hildebrandt, 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 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 healthcare, social
services and public safety environments.
In the Revenue Cycle Management ("RCM") market, QHR provides best in
class clearinghouse services, with over 1500 payers, which assist US
healthcare 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. The RCM markets that QHR
services are primarily in the US.
Legal Notice Regarding Forward Looking Statements
This news release does not contain any "forward looking statements"
within the meaning of applicable Canadian securities legislation. 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.
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:
President & CEO
VP & CFO