Techniques are described for estimating a rate of blood flow from a heart, such as a stroke volume or a cardiac output, as a function of a pressure in the heart. A pressure monitor may measure pressure values, and identify the times at which pressure values and valve opening and closing occur. The pressure monitor may estimate a velocity-time function as a function of the measured pressures and identified times, and may calculate a velocity-time integral by integrating the velocity-time function. The pressure monitor may also calculate an estimated velocity-time integral directly as a function of the measured pressures and the identified times. The pressure monitor may calculate the stroke volume or cardiac output using the velocity-time integral. The pressure monitor may control a delivery of therapy by an implantable medical device as a function of the stroke volume or cardiac output.