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Press release from CNW Group

QHR Announces Mr. Owen Haley as Chief Commercial Officer

Monday, August 26, 2013

QHR Announces Mr. Owen Haley as Chief Commercial Officer

11:00 EDT Monday, August 26, 2013

QHR Corporation Strengthens Senior Management Team

KELOWNA, BC, Aug. 26, 2013 /CNW/ - (TSX-V: QHR) QHR Corporation ("QHR" or the "Company"), a leader in the Healthcare Information Technology sector, announces that Mr. Owen Haley will be joining QHR's senior management team as the Chief Commercial Officer ("CCO"), and will be responsible for guiding QHR's sales, client implementations and support services. Mr. Haley will not only lead our continued growth in Canada, but also our expansion into the USA. Mr. Haley brings extensive national and international experience to QHR at a time when the Company is expanding into the US.

Mr. Haley was formerly the Senior Vice President and General Manager for Allscripts International division, based in Singapore, with responsibilities for Asia, Australia, UK and Canada.  Prior to Allscripts Mr. Haley was with Eclipsys as the Vice President and General Manager for Asia and was promoted to the Senior Vice President & General Manager role for their International Business.  Eclipsys was acquired by Allscripts in 2010 where Mr. Haley continued as Senior Vice President & General Manager.  Prior to that, Mr. Haley worked in Alberta's Calgary Health Region, implementing the Eclipsys solutions from the customer side, as well as implementing the Meditech system for the Alberta region known as David Thompson Health region.

Mr. Haley recently relocated his family back to British Columbia and will start in his CCO role on September 1, 2013.  Initial activities will mainly focus on the EMR and RCM divisions.

"We are pleased to have Mr. Haley join QHR in this senior executive position.  The Company has grown significantly over the past five years and this new CCO position will provide executive focus and direction on driving sales and taking our client services team to new levels of execution and excellence. Owen will be a great compliment and will add additional strength and experience to the executive management team of the Company. His understanding of healthcare from both a national and international level, at all levels of healthcare delivery and especially from a customer perspective, will be a great addition to our Company." said Al Hildebrandt, President and CEO of QHR Corporation.

In conjunction with this new position the company has issued 150,000 options to Mr. Haley at $0.80, which have a two year vesting provision expiring on July 22, 2018.

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 Revenue Cycle Management ("RCM") market, QHR provides best in class clearinghouse services, with over 1,500 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 QHR services are primarily in the US.

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.

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. Risks that may prevent or delay the forward looking statements from coming to fruition include that we may not offer products that are acceptable to industry regulators or customers; competitors may offer better or cheaper products; we may not be able to raise sufficient capital to improve products to remain competitive; changing regulatory requirements may prevent our products from being sold as expected; we may not be able to attract or retain key personnel; our technology may become obsolete; orders could be cancelled or delayed and market factors may increase our costs more than expected. 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 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:

Al Hildebrandt, President & CEO
250-979-1701
al.hildebrandt@QHRtechnologies.com

Jerry Diener, VP Finance & CFO
250-979-1722
jerry.diener@QHRtechnologies.com

Jim Wilson, VP Marketing & Communications
416-220-7484
jim.wilson@QHRtechnologies.com

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