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  "documentTitle": "Progyny, Inc. (PGNY)",
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      "text": "The large payers still account for the vast majority of ART cycles performed in the US, and their existing client relationships (as plan administrators to self-insured companies), clinic relationships, and infrastructure make them formidable competitors. We believe that structuring a more competitive fertility benefit presents a low barrier to entry. We believe the conventional wisdom that the payers are slow and inflexible is short-sighted.",
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      "text": "\"I don't see why they couldn't. I mean, there's nothing proprietary about what PGNY is really doing.\" — Endocrinologist at Leading Fertility Clinic, Spruce Point Interview",
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