In this study, we compared continuous cardiac output (CO) obtained from the femoral arterial pressure by simulation of an aortic input impedance model [model-simulated cardiac output (MCO)] to thermodilution cardiac output (TDCO) determined by bolus injection during liver transplantation. Both variables were measured in 39 adult patients (13 females) every 10th minute during liver transplant surgery. Paired measurements were compared during the 4 phases of surgery-dissection, anhepatic phase, early reperfusion (the first 15 minutes after reperfusion), and late reperfusion (15-60 minutes after reperfusion)-without the detection of any significant difference between the 2 estimates of CO. TDCO ranged from 2.3 to 17.2 L/minute, and the bias (the mean difference between MCO and TDCO) prior to calibration was Ϫ0.4 Ϯ 1.6 L/minute (mean Ϯ standard deviation; 1309 paired measurements; 95% limits of agreement: Ϫ3.4 to 2.6 L/minute). After calibration of the first determined MCO by the simultaneously determined TDCO, the bias was 0.1 Ϯ 1.5 L/minute, with 57% (n ϭ 744) of the comparisons being less than 1 L/minute and 35% (n ϭ 453) being less than 0.5 L/minute; this was independent of the level of CO, and the mutual correlation coefficient was 0.812 (P Ͻ 0.001). This study indicates that during liver transplantation surgery, MCO reflects TDCO throughout the operation. Thus, for CO, this less invasive method appears to provide a reliable uninterrupted measurement during orthotopic liver transplantation. The preparation of liver transplant patients for general anesthesia involves thorough monitoring of respiratory and circulatory variables. In particular, during the hepatectomy and reperfusion phases of the operation, the circulation is vulnerable because of potentially rapid changes in the central blood volume and total peripheral resistance. For the determination of cardiac output (CO), techniques that make use of dye or thermodilution, 1 rebreathing of inert gas or CO 2 , 2,3 and Fick's equation 4 have in common that the hemodynamic values obtained are averages over a period of time, so changes in the left ventricular stroke volume (SV) or CO cannot be assessed with a high time resolution. Also, the inhomogeneous washout temperature of the transplant effluent renders a thermodilution-based continuous determination 1,5 and even a bolus determination of CO [thermodilution cardiac output (TDCO)] 1,5-9 unreliable during early reperfusion of the liver.Several alternative continuous methods have been introduced for the determination of CO, including arterial pulse contour analysis, Most of these methods appear, however, to suffer from Abbreviations: CO, cardiac output; HR, heart rate; MAP, mean arterial pressure; MCO, model-simulated cardiac output; SD, standard deviation; SV, stroke volume; S v O 2 , mixed venous oxygen saturation; TDCO, thermodilution cardiac output; TOE, transesophageal echocardiography. The abstract of this article was presented as a poster at the