Background: Capsule endoscopy (CE) is considered the gold standard diagnostic tool in evaluation of obscure bleeding of small bowel (SB) origin, but offers limited gastric imaging as well. All patients undergoing CE have had (-) upper & lower endoscopic studies, and many are on anticoagulation or antiplatelet therapy (Acptx). Aim: We wished to determine whether CE may find a significant number of missed gastric bleeding sources and studied whether the yield of CE differed in those on or off Acptx. Methods: Patients w/obscure GI bleeding referred for CE were retrospectively studied. All gastric and SB images were viewed by one of two experienced MDs. Hx, indications (Group:A-ongoing overt bleeding, B-previous overt bleeding, C-Fe def/heme +) and use of aspirin (ASA), Plavix and/or coumadin at time of capsule was obtained from EMR review. Evidence of bleeding (red blood-RB,coffee grounds-CG) and types of lesions in both gastric and SB images were identified and adjudicated for significance by the study PI. Results: 262 pts were referred for CE since 4/02; 175 had both bleeding indication and evaluable data. Indications were: group A: 21 pts(12%), B: 75(43%), and C: 79(45%). Gastric RB and CG was seen in 18/175 pts overall (10.3%, 10 RB, 8 CG). Associated gastric lesions were noted in the majority of these pts (10/18; 6-gastropathy, 3-erosion, 1 AVM). Of the pts with gastric blood, 13/18 (72%) had either no SB lesion or one small AVM, suggesting the gastric site was the primary cause of bleeding. Gastric blood was noted significantly more often in pts studied later in our series (3/23/04-11/05) than before (17% vs 5%, p < 0.05). There was no significant difference in the prevalence of gastric blood among pts on Acptx compared to those off (9.7% vs. 10.9%). Notably, SB lesions were found with similar frequency in those on or off any Acptx, or combinations of these agents (60.1% off, 56.6% on Acptx of any kind, 56% ASA alone, 57% combination). There was a trend toward higher frequency of RB or CG in the SB in those on Acptx, but this was not significant (12% in controls, 18% in Acptx group). Conclusions: The rate of SB findings on CE were unaffected by the presence of anticoagulation or antiplatelet therapy. We found a relatively high rate of gastric bleeding (10.3%) in our pts whether on anticoagulation or not. A significantly higher frequency of gastric blood was noted in studies done in the latter half of our series (16.1% vs. 4.5%). We expect that as CE is used earlier in the evaluation of obscure bleeding, lesions overlooked on routine endoscopy will increasingly be detected.