Just checking: The Alchemist is an amazing healer

I GM an alchemist and thanks to Versatile Vials + Quick Alchemy, it seems like he's able to make 12 of whatever is the highest level Elixir of Life per hour, among other healing capabilities. Is that right? If so he can basically fully heal the party by himself in an hour.

Are we missing anything?

Edit: Seems we aren't and this is just how good it's meant to be. I wasn't expecting it to be this fast because we had a Warpriest and they seemed really great at medicine and Heals, but they took more than an hour to get the party all back up (though they tended to hoard Heals for combat).

Thanks to everyone who answered so quickly!