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  "documentTitle": "Inogen, Inc. (INGN)",
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  "sourceTypeLabel": "Short seller",
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  "notes": "The slide uses a skeptical tone to deconstruct the math behind a company's market sizing claims.",
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      "text": "INGN’s Estimate of the Full Penetration for POCs is Aggressive When Compared to Analysis Using Industry Surveys and CMS data.",
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      "text": "Medicare beneficiaries: 1,081,876",
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      "text": "“Our capped patients as a percentage of total patients on service was approximately 17.1% as of December 31, 2016.” — INGN 2016 10-K, p. 24.",
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      "text": "Source: HME News State of the Industry 2018, p. 6, via FOIA request to CMS",
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      "text": "Jurisdiction A, B, C, D, Nation* with Beneficiaries and Suppliers counts.",
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