Topic: How To Invest

Hi, Pat: Can I ask what you think of QHR Corp., a health care software solutions company? Is it worthy of investment?

Article Excerpt

QHR Corp., $1.15, symbol QHR on Toronto (Shares outstanding: 48.7 million; Market cap: $56.0 billion; www.qhrtechnologies.com), sells software and services for the health care sector. It operates through two main divisions: Electronic medical records (EMR): Under the Accuro brand, QHR makes software that manages electronic patient files for doctors, surgeons and other medical professionals. The company’s software also handles administrative functions like billing and patient scheduling. In addition, this division provides on- and off-site data storage. Revenue cycle management (RCM): Under its SoftCare brand, QHR helps health care providers exchange claim information for reimbursement. SoftCare provides a medical billing service and other software that aims to help clients navigate and simplify health plan enrolment and health insurance eligibility, as well as manage health insurance claims through to payment. QHR mainly markets SoftCare in the U.S. QHR narrowed its focus when it sold its enterprise…