A vascular shunt apparatus (10) includes a tubular member having first and second end portions (16, 20) and an aperture extending through the first and second end portions (16, 20). A transducer (64) can be associated with the tubular member to provide a signal in response to the flow of fluid through the tubular member. One or both of the end portions (16, 20) also can be adapted to form respective sealing connections with different parts of a patient's vascular system.