Hiperdia expects 10m-euro turnover

Private medical services operator Hiperdia estimates an around 10 million-euro turnover for this year, almost double compare with the 5 million euros reported for 2007, as well as a 4 million-euro EBITDA. Last year’s turnover was 2% higher than initial estimates. From the current eight imaging clinics and a lab currently held by Hiperdia in seven cities, we plan to open four new clinics this year. The investments, which will be funded from our own resources, are rather problematic,” said Tiberiu Roth, one of Hiperdia’s shareholders. Among the difficulties, Roth added, are the anticipated financing for services provided to insured patients and the very small amounts allocated for investigations such as tomography, NMR, and angiography by the CNAS (National Health Insurance House). “Securing funding for this sector will be problematic because we are talking about very expensive equipment and very high maintenance and personnel-related costs,” added the Hiperdia representative. In 2007, Hiperdia posted a net profit worth 2.2 million RON in 2007, 2.4 times higher than in 2006.