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): May 7, 2002


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


                                     Florida
                 (State or other jurisdiction of incorporation)


         1-13165                                          59-2417093
  (Commission File Number)                     (IRS Employer Identification No.)


              1655 Roberts Boulevard N.W., Kennesaw, Georgia 30144
          (Address of principal executive offices, including zip code)


                                 (770) 419-3355
              (Registrant's telephone number, including area code)


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






Item 4.  Changes in Registrant's Certifying Accountant.

On May 7, 2002,  CryoLife,  Inc.  ("CryoLife")  engaged  Deloitte & Touche,  LLP
("Deloitte")  as its independent  auditors.  The decision to engage Deloitte was
recommended by the Audit Committee and was approved by the Board of Directors of
CryoLife.  The engagement will be effective  immediately.  Deloitte replaces the
firm of Arthur  Andersen LLP as  independent  auditors of CryoLife.  On April 9,
2002, CryoLife dismissed Arthur Andersen as its independent auditors.

Neither  CryoLife nor anyone  engaged on its behalf has consulted  with Deloitte
during CryoLife's two most recently completed fiscal years or during its current
fiscal year with regard to either: (i) the application of accounting  principles
to a specified  transaction,  either completed or proposed, or the type of audit
opinion that might be rendered on CryoLife's financial  statements;  or (ii) any
matter  that was  either  the  subject  of a  disagreement  (as  defined in Item
304(a)(1)(iv)  of Regulation S-K and the related  instructions)  or a reportable
event (as described in Item 304(a)(1)(v) of Regulation S-K).

CryoLife hereby  incorporates  by reference  herein the information set forth in
its press  release  dated May 7,  2002,  a copy of which is  attached  hereto as
Exhibit 99.1


Item 7.  Financial Statements and Exhibits.

     (a)  Financial Statements.

          Not  applicable.

     (b)  Pro Forma Financial Information.

          Not  applicable.

     (c)  Exhibits.

          Exhibit Number              Description

          99.1                        Press Release dated May 7, 2002

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                                   SIGNATURES

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

                                           CRYOLIFE, INC.


Date:  May 10, 2002                      By:      /s/ D. Ashley Lee
                                              --------------------------------
                                              Name:    D. Ashley Lee
                                              Title:   Vice President, Chief
                                                       Financial Officer


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                                  EXHIBIT INDEX



Exhibit Number             Description                                      Page

99.1                       Press Release dated May 7, 2002


1461480