Amplitude modulation of the waveforms of several cardiovascular variables was investigated during high-frequency (1.3 to 3.3 Hz) positive-pressure ventilation (HFPPV). The amplitude modulation of the pulmonary artery pressure wave was most prominent and its beat frequency (BF) was equal to the difference between the heart rate and the ventilation rate. Spectral analysis of the pulmonary artery pressure demonstrated well-defined peaks associated with the BF. No significant physiologic changes in either cardiovascular or pulmonary function were attributable to the presence of the beat phenomenon.