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Chindex International, Inc. Provides Guidance for the Full Year of 2012
Date:1/9/2012

BETHESDA, Md., Jan. 9, 2012 /PRNewswire-Asia/ -- Chindex International, Inc. (NASDAQ: CHDX), an American health care company providing health care services in China through the operations of United Family Healthcare, a network of private primary care hospitals and affiliated ambulatory clinics, today provided its financial guidance for the full year of 2012 and reaffirmed its financial guidance for the full year of 2011.

For the full year ending December 31, 2012, the Company expects revenue to grow to approximately $140.0 to $145.0 million, reflecting a year-over-year percentage growth rate in the mid-twenties driven by continued strong demand in existing facilities and increasing contribution from new facility openings and expansion of service offerings. Adjusted EBITDA margin is expected to remain stable in the mid-teens from the prior year period. Development expense is expected to remain in line as an absolute amount from the prior year period.

For the full year ended December 31, 2011, the Company reaffirms that revenue is expected to have grown to approximately $113.0 to $115.0 million from $95.4 million in the prior year period. Adjusted EBITDA margin is expected to have remained stable at approximately 15 percent generating $16.0 million to $17.0 million in adjusted EBITDA compared to $14.1 million in the prior year period. Development expense is expected to be approximately $8.5 million.

Roberta Lipson, President and CEO of Chindex, commented, "We are pleased to see top-line growth accelerate into the high teens for the full year of 2011 driven by continued strong demand across our existing United Family Hospitals and Clinics. Looking forward into 2012, we are excited to begin recognizing revenue contribution from our expansion projects. This means that we expect year-over-year top-line growth to further accelerate into the mid-twenties while again a
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SOURCE Chindex International, Inc.
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