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                UNITED STATES 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: MARCH 5, 2007
                        (date of earliest event reported)

                                ATS MEDICAL, INC.
             (Exact name of registrant as specified in its charter)

                         Commission File Number: 0-18602

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              MINNESOTA                                            41-1595629
(State or other jurisdiction of incorporation)          (IRS Employer Identification No.)


                      3905 ANNAPOLIS LANE NORTH, SUITE 105
                          MINNEAPOLIS, MINNESOTA 55447
                    (Address of Principal Executive Offices)

                                 (763) 553-7736
              (Registrant's telephone number, including area code)

                                 NOT APPLICABLE
          (Former name or former address, if changed since last report)


Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

[]    Written communications pursuant to Rule 425 under the Securities Act (17
      CFR 230.425)

[]    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)

[]    Pre-commencement communications pursuant to Rule 14d-2(b) under the
      Exchange Act (17 CFR 240.14d-2(b))

[]    Pre-commencement communications pursuant to Rule 13e-4(c) under the
      Exchange Act (17 CFR 240.13e-4(c))

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ITEM 2.02  RESULTS OF OPERATIONS AND FINANCIAL CONDITION.

      On March 5, 2007, ATS Medical, Inc. (the "Company") issued a press release
to report final financial results for the fourth quarter and year ended December
31, 2006. The full text of the press release is furnished as Exhibit 99.1 hereto
and is incorporated by reference. The information under Item 2.02 in this
current report, including the exhibit thereto, is not deemed "filed" for
purposes of the Securities Exchange Act of 1934, as amended (the "Exchange
Act"), or otherwise subject to the liabilities of that section, nor shall it be
deemed to be incorporated by reference in any filing under the Securities Act of
1933, as amended, or the Exchange Act, except as expressly set forth by specific
reference in such filing.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.

(c)   Exhibits

      99.1  Press Release dated March 5, 2007, of ATS Medical, Inc.



                                   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.

                                       ATS MEDICAL, INC.

                                       By: /s/ Michael R. Kramer
                                           --------------------------------
                                           Michael R. Kramer
                                           Acting Chief Financial Officer
Date:  March 5, 2007



                                  EXHIBIT INDEX



Exhibit No.                                  Description
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   99.1           Press Release, dated March 5, 2007, of ATS Medical, Inc.