Company intelligence / Profile preview

Modern Vascular

Phoenix, Arizona, United States
Ownership
Private
Employees
~300
Development stage
Other
01

Overview

Modern Vascular was a U.S. private operator of outpatient vascular clinics focused primarily on diagnosing and treating peripheral artery disease through minimally invasive endovascular procedures performed in office-based labs. The company promoted below-the-knee, below-the-ankle, and pedal arterial reconstruction for patients at risk of limb-threatening ischemia and amputation. It expanded rapidly across multiple states beginning in 2017, but its operations became the subject of major federal False Claims Act and Anti-Kickback Statute allegations in 2022, followed by a Medicare payment suspension in February 2023 and bankruptcy/liquidation proceedings in May 2023. Available evidence indicates the business is no longer an active operating healthcare company, although its website and some online profiles remain accessible.

Therapeutic areas
RheumatologyCardiovascularWomen's HealthDermatology
Modalities
DeviceNon-pharmacological therapy
Industry
Non-Academic Healthcare

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