SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                 --------------

                                    FORM 8-K

                                 CURRENT REPORT
                       PURSUANT TO SECTION 13 OR 15(D) OF
                       THE SECURITIES EXCHANGE ACT OF 1934



Date of Report (Date of earliest event reported)  January 25, 2007
                                                  ----------------



                                ICU MEDICAL, INC.

             (Exact name of registrant as specified in its charter)

         Delaware                    0-19974                    33-0022692
         --------                    -------                    ----------
(State or other jurisdiction       (Commission              (I.R.S. Employer
     of incorporation)             File Number)            Identification No.)


951 Calle Amanecer, San Clemente, California                       92673
- --------------------------------------------                    -----------
  (Address of principal executive offices)                       (Zip Code)

                                 (949) 366-2183
                                 --------------
               Registrant's telephone number, including area code


                                       N/A
                                       ---
          (Former name or former address, if changed since last report)






                    INFORMATION TO BE INCLUDED IN THE REPORT


Item 8.01       OTHER EVENTS

                See attached press release.

Item 9.01       FINANCIAL STATEMENTS AND EXHIBITS

       (c)      Exhibits

       99.1     Press release, dated January 25, 2007 announcing ICU Medical,
                Inc.'s fourth quarter and year-end results 2006 earnings release
                conference call.


                                   SIGNATURES

      Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this Report to be signed on its behalf by the
undersigned hereunto duly authorized.

Date:  January 25, 2007

                                                ICU MEDICAL, INC.



                                                /s/ Francis J. O'Brien
                                                ----------------------
                                                Francis J. O'Brien
                                                Secretary, Treasurer and
                                                Chief Financial Officer



                                                                    Exhibit 99.1



[LOGO] ICU MEDICAL, INC.


         ICU MEDICAL, INC. ANNOUNCES TIME OF FOURTH QUARTER AND YEAR-END
                               2006 EARNINGS CALL

JANUARY 25, 2007 SAN CLEMENTE, CALIFORNIA --ICU Medical, Inc.,
(NASDAQ/NMS:ICUI), a leading low cost manufacturer of safe medical connectors
and custom intravenous systems, today announced the time of its fourth quarter
and year-end 2006 earnings release conference call.

The Company will release its fourth quarter and year-end 2006 results at
approximately 4:00 p.m. EST (1:00 p.m. PST) and will be conducting a conference
call concerning those results at 4:30 p.m. EST (1:30 p.m. PST) on Monday January
29, 2007. The call can be accessed at 800-561-2731, passcode 42114759 or by
replay at 888-286-8010, passcode 34971169. The conference call will be
simultaneously available by webcast, which can be accessed by going to the
Company's website at WWW.ICUMED.COM, clicking on the Investors tab, clicking on
the Webcast icon and following the prompts. The webcast will also be available
by replay. Certain information provided as part of that call will be provided on
the Company's website at WWW.ICUMED.COM within 48 hours of the call.

CONTACT:        Francis J. O'Brien
                Chief Financial Officer
                ICU Medical, Inc.
                (949) 366-2183

                John F. Mills
                Managing Director
                Integrated Corporate Relations
                (310) 395-2215