Arizona Heart Institute
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Arizona Heart Institute is a
cardiovascular The blood circulatory system is a system of organs that includes the heart, blood vessels, and blood which is circulated throughout the entire body of a human or other vertebrate. It includes the cardiovascular system, or vascular system, tha ...
medical center in
Phoenix, Arizona Phoenix ( ; nv, Hoozdo; es, Fénix or , yuf-x-wal, Banyà:nyuwá) is the capital and most populous city of the U.S. state of Arizona, with 1,608,139 residents as of 2020. It is the fifth-most populous city in the United States, and the on ...
,
United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territori ...
founded by Edward Diethrich in 1971. 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. These expenses and others led the institute to file for
chapter 11 Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, wheth ...
bankruptcy protection in 2010, ultimately being entirely sold to
Vanguard Health Systems Vanguard Health Systems was an operator of hospitals and other medical facilities in five U.S. states: Arizona, Illinois, Massachusetts, Michigan, and Texas. The company's headquarters were located in Nashville, Tennessee. Vanguard owned twenty ...
's subsidiary company Abrazo Health Care. Purchasing the Arizona Heart Institute led Abrazo to begin clinical trials at other facilities it owned as well.


References


External links

* Tenet Healthcare Companies based in Phoenix, Arizona Hospitals in Arizona {{Arizona-hospital-stub