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qhr corp (QHRTF) Snapshot

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05/6/14 - $1.27
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09/13/13 - $0.74
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qhr corp (QHRTF) Details

QHR Corporation provides various software solutions for the healthcare industry in Canada. The company operates in three divisions: Electronic Medical Records (EMR), Enterprise Management Solutions (EMS), and Revenue Cycle Management (RCM). The EMR division offers electronic medical records applications, application service provider hosting and data backup services, and other technology products and services for use in physicians’ medical offices. Its hosting services include application hosting, technical support, offsite data storage, and business continuation services. This division markets its products under Accuro EMR brand. The EMS division provides workforce management software products comprising payroll, staff scheduling and human resources management solutions, as well as financial management software products for healthcare, social services, and public safety organizations. The RCM division provides software transaction processing services to physicians, hospitals, health plans, insurance brokers, and state governments to exchange information for health plan enrolment, health insurance eligibility, health insurance claims, claim payments, and healthcare provider collaboration of supporting patient referral and industry compliance/reporting documentation. The company was formerly known as QHR Technologies Inc. and changed its name to QHR Corporation in July 2013. QHR Corporation is based in Kelowna, Canada.

qhr corp (QHRTF) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$225.0K
Chief Financial Officer and Vice President
Total Annual Compensation: C$116.7K
Chief Operating Officer
Total Annual Compensation: C$175.0K
Director of Technology & Support
Total Annual Compensation: C$150.0K
Vice President of Marketing & Communications
Total Annual Compensation: C$30.4K
Compensation as of Fiscal Year 2012.

qhr corp (QHRTF) Key Developments

QHR Corporation Appoints Mark Kohler as Executive Chairman

QHR Corporation announced that QHR's board of directors has appointed Mr. Mark Kohler as Executive Chairman of the board effective today, August 20, 2014. Mr. Kohler has been contributing to QHR's business since 2010, initially as an advisor on financial disclosure and corporate development matters, and then as a member of QHR's board of directors since July 2011. He has been the Chair of the Audit Committee and serves on the Nominating and Corporate Governance, and the Corporate Development Committees. To assist with this role change, Mr. Tom Liston will assume Mr. Kohler's position of Chair of the Audit Committee, and Mr. Kohler will continue as a member of this statutory committee.

QHR Corporation Reports Consolidated Earnings Results for the Second Quarter Ended June 30, 2014 and Cash Flow Results for the Six Months Ended June 30, 2014

QHR Corporation reported consolidated earnings results for the second quarter ended June 30, 2014 and cash flow results for the six months ended June 30, 2014. For the quarter, the company reported revenues of $6.8 million, a 20% increase over revenues of $5.7 million during second quarter of 2013. EBITDA was $0.6 million or 9.3% of revenue compared to $0.5 million or 8.9% of revenue for second quarter of 2013. The company reported increased net earnings, achieving a level of $287,687 for the most recent quarter compared to $104,580 for second quarter of 2013. For the six months ended June 30, 2014, operating activities resulted in a net cash increase (prior to operating activities from discontinued operations) of $1,356,348, compared to a net cash increase of $729,914 for the same period in 2013. The cash inflow for second quarter in 2014 was driven primarily by continuing operations.

QHR Corporation to Report Q2, 2014 Results on Aug 20, 2014

QHR Corporation announced that they will report Q2, 2014 results Pre-Market on Aug 20, 2014


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