Arizona Heart Institute Explained

Arizona Heart Institute
Type:Private
Foundation:1971
Location:Phoenix, Arizona
Industry:Health Care
Products:Health care Services, Emergency room services, and medical group and primary care facilities (2009-2010)
Homepage:www.AZheart.com/

Arizona Heart Institute is a cardiovascular medical center in Phoenix, Arizona, United States founded by Edward Diethrich in 1971.[1]

In 2009, the institute paid the US government US$675 000 in re-imbursement for ten carotid artery stenting procedures which were billed to, but not covered by, Medicare.[2] These expenses and others led the institute to file for chapter 11 bankruptcy protection in 2010, ultimately being entirely sold to Vanguard Health Systems's subsidiary company Abrazo Health Care.[3] [4] Purchasing the Arizona Heart Institute led Abrazo to begin clinical trials at other facilities it owned as well.[5]

References

  1. News: Arizona Heart Institute gets a leg up with human clinical trials . Angela Gonzales . . 16 November 2008.
  2. News: Arizona Heart Hospital to pay $675K to settle Medicare claim case . Angela Gonzales . . 23 September 2009.
  3. News: Arizona Heart Institute files for Chapter 11 . . 3 August 2010 . Ken Alltucker.
  4. News: Vanguard to purchase Arizona Heart Hospital, Institute . . 10 August 2010 . Ken Alltucker.
  5. News: Abrazo's community hospitals blaze new trails with research . Angela Gonzales . . July 20, 2012.