Cardiology
CardiacAssist, Inc. Announces Record Breaking Site Activity and Financial Results
Published in Health Business Week, November 21st, 2008
CardiacAssist, Inc. announced that it reached a new high of more than 75 sites with the TandemHeart System performing at least one TandemHeart case during the third quarter of 2008. In addition, the quarter ending September 30th showed the highest year on year growth in case activity with a leap of 64 %. Revenue and income also showed significant increase of 70 % and 497 %. Through nine months of 2008, CardiacAssist has also set records in revenues, net income and cash flow by wide margins.
The TandemHeart is often selected for its high net flow rate of up to 5 lpm in the Cath Lab or up to 8 lpm in the OR as well as its flexibility and rapid deployment potential. Many...
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Source: Health Business Week (2008-11-21)
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