CHF Solutions, Inc (CHFS)

[RealGenius]

Enrollment numbers are just fine. Most centers involved are database searching their electronic medical records to identify candidates. Next, patient's primary physicians are contacted. Interested patients then go through study related preoperative workup to ensure all trial related metrics are obtained; CT scans, echo, pulmonary function tests, ... Each patient then has to be approved by a national committee in consultation with the cardiologist and surgeon. This proccess takes about three months. Only then do they get scheduled for surgery.

From the time a patient decides to enroll until they get scheduled runs about three months. It may still be a month to six weeks until they actually get implanted.

The fact they are reporting three patients last quarter, was already released weeks ago.

There is no issue with patient enrollment. The implanted number of patients being reported will lag throughout the trial.

Actually the current rate of enrollment is what lead me to decide to be bullish on C-pulse. That and the early favorable feedback from surgeons about the ease of implantation.

At any rate, I am now in. Will add more at $6 and $5.50 if we retrace that far.