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Company Description

Contact Info

1620 Dickson Avenue

Suite 300

Kelowna, BC V1Y 9Y2


Phone: 855-550-5004


QHR Technologies Inc., through its subsidiaries, engages in the development and delivery of human resource management, payroll, staff scheduling and financial software systems for the healthcare and social services sector and electronic medical records applications for physicians’ medical offices. The company sells its products in the United States and Canada. Divisions The company operates in two divisions: the Enterprise Management Software (EMS) Division and the Electronic Medical Records (EMR) Division Enterprise Management Software Division The Enterprise Management Software Division provides software to organizations in the healthcare and social services sectors, targeting medium to large organizations. Its EMS applications are marketed under the Quadrant brand. The Workforce Management Software consists of integrated, proprietary applications, including payroll administration, staff scheduling and HR, providing human resource management solutions for healthcare and social services environments. The Financial Management Software provides customized financial software built on Microsoft’s Dynamics GP platform and enables the company to offer enterprise management software to the healthcare and social services market. Electronic Medical Records Division The Electronic Medical Records Division provides applications for use in physician’s medical offices. Its EMR applications are marketed under the Accuro brand and they provide a suite of medical software modules designed to improve the operational work environment of physicians, medical specialists and surgeons. The acquisition of Clinicvault Inc. enables the EMR division to provide integrated data hosting services to its EMR clients, whereby the company hosts the Accuro software for EMR clients that prefer this software delivery model. Customers The company's customers include hospitals, long-term care facilities, social support agencies, and physicians’ offices.


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Valuation QHR Industry Range
Price/Earnings 100.0x
Price/Sales 4.9x
Price/Book 6.6x
Price/Cash Flow 59.8x
TEV/Sales 4.7x

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