KELOWNA, BC, June 4, 2012 /CNW/ - (TSX-V: QHR) QHR Technologies Inc. ("QHR" or the "Company") a leader in the Canadian
Healthcare Information Technology sector has been recognized as company
#113 on the 24th annual PROFIT 200 ranking of Canada's Fastest-Growing
Companies by PROFIT Magazine up from #136 in 2011.
Ranking Canada's Fastest-Growing Companies by five-year revenue growth,
the PROFIT 200 profiles the country's most successful growth companies.
Published in the Summer issue of PROFIT and online at PROFITguide.com, the PROFIT 200 is Canada's largest annual celebration of
QHR revenues in 2006 were $4,721,439 grew by 405 % to $23,857,147 in
2011. This five year revenue growth places QHR at #113 on the
prestigious Canadian Business listing.
"We are very pleased to once again be recognized on this notable list
which demonstrates our growth is not only keeping pace with Canada's
fastest growing companies' but also climbing up the PROFIT 200
rankings," says Al Hildebrandt, President and CEO of QHR Technologies
Inc. "Our clients, investors, partners and hard-working team members
have all contributed to our growth in the Healthcare IT sector and our
rapid rise to the top of the EMR market in Canada."
QHR was founded in 1997 and became a public company in 2000. Growing
the business in the healthcare IT space has taken significant resolve
to weather the ups and downs of the industry segment. The Enterprise
Management Solutions (EMS) space and the Electronic Medical Records
(EMR) division have provided QHR an opportunity to expand and grow the
business through excellent client care coupled with leading technology
products and services.
"The PROFIT 200 companies are an inspiration to Canadian entrepreneurs
and would-be-entrepreneurs," says Ian Portsmouth, Editor-in-Chief of
PROFIT Magazine. "PROFIT is proud to celebrate the success of these
businesspeople, who, despite a challenging economy, have achieved
outstanding success in a wide variety of fields."
The Company is holding its Annual General Meeting (AGM) June 4, 2012 at
1 King West Hotel in Toronto at 4 PM EST.
About PROFIT Magazine:
PROFIT: Your Guide to Business Success is Canada's preeminent
publication dedicated to the management issues and opportunities facing
small and mid-sized businesses. For 30 years, Canadian entrepreneurs
and senior managers across a vast array of economic sectors have
remained loyal to PROFIT because it's a timely and reliable source of
actionable information that helps them achieve business success and get
the recognition they deserve for generating positive economic and
social change. Visit PROFIT online at PROFITguide.com.
About QHR Technologies Inc.
QHR operates two business units in distinct markets:
The Electronic Medical Records ("EMR") division offers a suite of
medical software modules that provides computer-based medical records
for Specialist, Primary Care, and Allied Health Professionals, 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 specializes in EMR ASP
Hosting solutions both on-site and off-site, which consist of custom
application hosted solutions, exchange email hosting, office software
packages, mobile messaging services, server archiving and many other
custom solutions and services as required by some provincial
The Enterprise Management Software ("EMS") division 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 markets.
For a more complete business and financial profile of the Company,
management encourages interested parties to visit the Company's
On behalf of the Board of Directors
President & CEO
Legal Notice Regarding Forward Looking Statements
This news release contains no "forward looking statements" within the
meaning of applicable Canadian securities legislation. Further
information on the Company is available at www.sedar.com. Neither 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.
For further information:
on QHR Technologies Inc., please contact:
Al Hildebrandt, President & CEO