KELOWNA, BC, Jan. 20, 2014 /CNW/ - QHR Corporation (TSX-V: QHR) ("QHR" or the "Company") a leader in Healthcare Information Technology is very pleased to announced that Al Hildebrandt, President and CEO of QHR Corporation was selected as the TSXV Tech Executive of the Year at the 4th annual Cantech Letter Awards Dinner on January 16, 2014 in Toronto, Ontario.
The Cantech Letter Awards recognize the top Canadian TSX and TSX Venture technology companies and executives in the technology, clean technology and life sciences sectors. It is the ultimate showcase for Canadian technology development and investor opportunities. The awards ceremony included Canadian icon astronaut Commander Chris Hadfield as one of the award presenters. Earlier in the day, Commander Hadfield was a keynote speaker reminding everyone that "The Sky is Not the Limit".
QHR was also recognized as one of the three finalists for the TSXV Technology Company of the Year.
The Cantech Letter Awards celebrate the very best in Canadian technology. The awards are chosen by a panel of Canada's top technology analysts and the readers of Cantech Letter. Past winners include Avigilon, Catamaran Corp. (formerly SXC Health Solutions Corp.) and Glentel.
"I think Al Hildebrandt is a very deserving winner of the 2013 TSXV Tech Executive of the Year," said Nick Waddell, Founder and Editor of Cantech Letter. "Al has done a masterful job of balancing QHR's strong growth with a clear long term vision. QHR's current recurring revenue rate of more than 75% is just one example of his attention to detail."
"I am very proud of this recognition for Al" said Gordon "Stonie" Glenn, Chairman of QHR Corporation's Board of Directors. "Al has been a tireless worker, pioneer and ambassador in the healthcare IT sector for more than a decade. Over this past year, he has led QHR through a time period where shareholder value has more than tripled. Just last month QHR was recognized as one of Canada's Top Employers which is a further indication of Al's executive leadership. I congratulate Al on this impressive achievement".
Mr. Hildebrandt joined the other Cantech award winners to ring the opening bell at the Toronto Stock Exchange the following morning on January 17.
For information about the Cantech Investment Conference, visit: www.cambridgehouse.com/event/cantech-investment-conference
To view the Cantech Tech Letter Executive of the Year announcement, visit: www.cantechletter.com/2014/01/qhrs-al-hildebrandt-wins-cantechs-tsxv-tech-exec-year/
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, 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 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.
For more about QHR, visit: www.QHRtechnologies.com
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
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