KELOWNA, BC, Feb. 12, 2014 /CNW/ - QHR Corporation (TSX-V: QHR) ("QHR" or the "Company") a leader in Healthcare Information Technology is pleased to announce that it has been included in the 2014 TSX Venture 50® and is ranked as a top ten performer in the Technology & Life Sciences sector.
The 2014 TSX Venture 50 was determined based on equal weighting of the following measures: market capitalization growth, share price appreciation, trading volume and analyst coverage. The winning companies have seen impressive growth over the past year, offered strong return to their shareholders and are actively traded in the market.
"TSX Venture Exchange provides a unique venue for small-cap, early-stage companies to access the capital they need to launch or expand - a market opportunity that is unparalleled globally," said John McCoach, President, TSX Venture Exchange. "We are delighted to recognize the success of these companies."
The TSX Venture 50 are the top 10 companies listed on the TSX Venture Exchange, in each of five major industry sectors - Technology & Life Sciences, Mining, Oil & Gas, Diversified Industries and Clean Technology. All data was as of December 31, 2013.
"We are honoured to be included in the 2014 TSX Venture 50. Being ranked in the top ten of all Technology & Life Sciences companies listed on the TSX Venture Exchange is a great accomplishment. We thank our valued shareholders for their support and investment in QHR and our employees for their passionate dedication that has helped us achieve this ranking" commented QHR Corporation's President and CEO Al Hildebrandt. Mr. Hildebrandt went on to say, "Our dedication to excellence and our customers propels us forward as we strive to be leaders in healthcare technology."
For information about the TSX Venture 50, visit: www.tmxmoney.com/en/research/tsxventure50.html
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
About TMX Group (TSX:X)
TMX Group's key subsidiaries operate cash and derivative markets and clearinghouses for multiple asset classes including equities, fixed income and energy. Toronto Stock Exchange, TSX Venture Exchange, TMX Select, Alpha Group, The Canadian Depository for Securities, Montreal Exchange, Canadian Derivatives Clearing Corporation, Natural Gas Exchange, BOX Options Exchange, Shorcan, Shorcan Energy Brokers, Equicom and other TMX Group companies provide listing markets, trading markets, clearing facilities, depository services, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across Canada (Montreal, Calgary and Vancouver), in key U.S. markets (New York, Houston, Boston and Chicago) as well as in London, Beijing and Sydney. For more about TMX Group, visit www.tmx.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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