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Press release from CNW Group

QHR named on the 2014 Branham300 Ranking

Wednesday, April 23, 2014

QHR named on the 2014 Branham300 Ranking

09:44 EDT Wednesday, April 23, 2014

KELOWNA, BC, April 23, 2014 /CNW/ - (TSX-V: QHR) QHR Technologies Inc. ("QHR") a leader in Healthcare Information Technology is pleased to announce that it has been recognized by Branham Group, a leading industry research and strategic consulting firm, in its 2014 Branham300 industry report. The Branham300 highlights the top Canadian and Multinational Information and Communication Technology (ICT) companies operating in Canada and is widely considered as a leading source of intelligence on Canada's ICT industry.

On this year's Branham300 ranking, QHR was #6 in Pure-play Healthcare ICT Companies in Canada and #103 overall (up from #112 prior year) in the Top 250 Canadian ICT Companies.

"QHR's continued rise up the ranks of the Branham300 is an accomplishment that we are very proud of" said Al Hildebrandt, President and CEO of QHR Corporation. "Being recognized on this prestigious list is an honour and our inclusion reflects the focus and passion that we have for improving information technology in the healthcare sector. We certainly want to thank and acknowledge our customers and employees for helping us achieve these rankings."

For 20 years now, the Branham300 has highlighted the top Canadian and Multinational ICT companies operating in Canada, as ranked by revenues. It illustrates the depth and breadth of innovative technologies developed in Canada and is widely considered to be a leading source of intelligence on Canada's ICT industry. 

"QHR Technologies continues to strengthen its presence in Canada's Healthcare Information and Communication Technology (ICT) market by being ranked the #6  Healthcare ICT pure-play and rising 9 positions in the overall Top Canadian ICT Company rankings to #103", said Wayne Gudbranson, President and CEO of Branham Group. "The Branham300 has become an important gauge by which Information Technology (IT) companies measure their success and QHR should be proud of their rapid growth and to be recognized among the elite companies in the country."

About the Branham300
For 21 years, the Branham300 has highlighted the top Canadian and Multinational ICT companies operating in Canada, as ranked by revenues. It illustrates the depth and breadth of innovative technologies developed in Canada and is widely considered to be a leading source of intelligence on Canada's ICT industry.  The Branham300 list consists of the following major categories:

  • Top 250 Canadian ICT Companies
  • The Next 50 Canadian ICT Companies
  • Top 25 ICT Multinational Companies operating in Canada
  • Top 25 Up and Comer ICT Companies (category ranked on innovation/not revenue)

The Branham300 is published annually at www.branham300.com.

About Branham Group Inc.
Branham Group Inc. is a leading industry analyst and strategic marketing company servicing the global Information and Communication Technology (ICT) marketplace. Branham Group assists ICT Technology companies and related institutions in achieving market success through its custom consulting services (Planning, Marketing and Partnering), and through its multi-client research subscription programs (Digital Health, Green IT and Cloud). Branham also produces an annual listing of the top ICT companies in Canada and monitors over 450 Digital Health vendors (www.branhamgroup.com/digitalhealth).

For more information regarding Branham Group, please visit www.branhamgroup.com .

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

For further information: Jim Wilson, VP Marketing & Communications, QHR Technologies Inc., 416-220-7484, jim.wilson@QHRtechnologies.com; Andrew Bisson, Vice President, Consulting Services, Branham Group, 613-745-2282 Ext. 117, abisson@branhamgroup.com

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