CHF Solutions Announces Launch of Ultrafiltration Program at Oklahoma Heart Institute

Date : 04/09/2019 @ 1:30PM
Source : GlobeNewswire Inc.
Stock : Chf Solutions, Inc. (CHFS)
Quote : 2.93  0.03 (1.03%) @ 11:00PM

CHF Solutions Announces Launch of Ultrafiltration Program at Oklahoma Heart Institute

CHF Solutions, Inc. (NASDAQ:CHFS)
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CHF Solutions (Nasdaq: CHFS) today announced that Oklahoma Heart Institute in Tulsa, Oklahoma, has launched an ultrafiltration program using the Aquadex FlexFlow® system to assist in the management of fluid overload in patients following cardiac surgery and patients suffering from heart failure. 

The Oklahoma Heart Institute is located on the campus of Hillcrest Medical Center in Tulsa, Oklahoma and combines the expertise of nationally recognized cardiovascular physicians with the region’s most advanced technology and personalized patient care. Hillcrest Medical Center is a 620-bed hospital located in Tulsa, Oklahoma.

“We are pleased to partner with The Oklahoma Heart Institute and Hillcrest Medical Center to provide the enhanced ultrafiltration capabilities of the Aquadex FlexFlow system to treat patients in the Tulsa area,” said John Erb, chairman, president and CEO of CHF Solutions. “This arrangement further represents our commitment to providing clinicians with fluid management solutions for their patients.”

About CHF Solutions

CHF Solutions, Inc. (Nasdaq:CHFS) is a medical device company focused on commercializing the Aquadex FlexFlow system for aquapheresis therapy.  The Aquadex FlexFlow system is indicated for temporary (up to eight hours) ultrafiltration treatment of patients with fluid overload who have failed diuretic therapy and extended (longer than 8 hours) ultrafiltration treatment of patients with fluid overload who have failed diuretic therapy and require hospitalization.  All treatments must be administered by a healthcare provider, under physician prescription, both of whom having received training in extracorporeal therapies.  The company's mission is to predict, measure, and control patient fluid balance through science, collaboration, and innovative medical technology.  CHF Solutions is a Delaware corporation headquartered in Minneapolis, Minnesota with wholly owned subsidiaries in Australia and Ireland.  The company has been listed on the Nasdaq Capital Market since February 2012.

Forward-Looking Statements

Certain statements in this release may be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including without limitation, that the ability of the Aquadex FlexFlow system to benefit in the management of fluid overload. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties.  Many factors could cause actual future events to differ materially from the forward-looking statements in this release, including, without limitation, those risk associated with our ability to execute on our commercial strategy, the possibility that we may be unable to raise sufficient funds necessary for our anticipated operations, benefits of our products to patients, our expectations with respect to product development and commercialization efforts, our ability to increase market and physician acceptance of our products, potentially competitive product offerings, intellectual property protection, our ability to integrate acquired businesses, our expectations regarding anticipated synergies with and benefits from acquired businesses, and other risks and uncertainties described in our filings with the SEC.  Forward-looking statements speak only as of the date when made.   CHF Solutions does not assume any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

CONTACTS:

INVESTORS: Claudia Napal Drayton Chief Financial Officer CHF Solutions, Inc. 952-345-4205 ir@chf-solutions.com

-or- Bret Shapiro Managing Partner CORE IR 516-222-2560 brets@coreir.com www.coreir.com

MEDIA Jules Abraham JQA Partners, Inc. 917-885-7378 jabraham@jqapartners.com

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