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  "documentTitle": "Progyny, Inc. (PGNY)",
  "authorId": "54_Spruce_Point_Capital",
  "authorName": "Spruce Point Capital Management",
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  "presentationDate": "2023-02-07 00:00:00",
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  "notes": "Uses red arrows to visually connect specific claims in the bios to the activist's critique.",
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      "kind": "callout",
      "text": "In his current PGNY bio, we believe Holstein both exaggerates his role and leaves out his prior role at Medical Manager during the fraudulent scheme.",
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      "kind": "callout",
      "text": "Holstein also now seems to attach much greater foundational significance and sexier title to his role at Medco than he did in the years directly following it. In his AHIP bio he goes so far as to say he was \"Co-President\".",
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      "kind": "callout",
      "text": "Is it because Holstein presided over the Company's transformation to what we perceived to be clickbait and because its physician and hospital reviews have been criticized for their questionable methodology, false conclusions, inaccurate info, and poor reliability?",
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      "kind": "callout",
      "text": "Why does Holstein's bio fail to mention a four-year tenure as CEO of Healthgrades?",
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      "kind": "paragraph",
      "text": "Holstein excludes specific reference to Medical Manager, seemingly exaggerates his role at Medco (a company we show faced several regulatory actions after his departure), and excludes his tenure as CEO of HeatlhGrades, like WebMD, a lead-gen clickbait company that we believe operated under the guise of helpful healthcare information for consumers.",
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      "kind": "source-note",
      "text": "Source: WebMD 2003 Proxy, PGNY website, Roger Holstein LinkedIn bio, Wikipedia, Healthgrades website",
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      "text": "Prior Bio Under WebMD",
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      "text": "Current PGNY Bio",
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      "text": "We Are Troubled By Director Holstein's Links To WebMD (Medical Manager) And Other Inconsistencies In His Bio",
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      "kind": "title",
      "text": "Review of Holstein's Current PGNY Bio and Comparison to His 2003 WebMD Proxy Bio",
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      "arcName": "Overcoming the Monster",
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