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  "documentTitle": "iRhythm Technologies, Inc. (IRTC)",
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  "authorName": "Spruce Point Capital Management",
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  "presentationDate": "2025-08-18 00:00:00",
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  "notes": "The slide uses survey data to undermine the company's marketing claims regarding AI differentiation.",
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      "text": "Al does not seem to garner much physician trust or perception of accuracy.",
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      "text": "cardiologist trust in AI: 62%",
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      "text": "In our survey of 100 cardiologists, two-thirds of the respondents stated that the use of AI made no difference or made them less likely to trust a supplier's final report. Moreover, despite iRhythm's efforts to market its AI capabilities, 70% of respondents thought iRhythm monitors were as accurate or less accurate than others. Moreover, as we discuss later, most cardiologists do their own analysis of the raw cardiac data, both because they do not trust the final reports provided by monitor suppliers and because they are the ones ultimately responsible for an accurate diagnosis.",
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      "text": "Source: Spruce Point research",
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      "text": "In your experience, are iRhythm reports of results more or less accurate than those of others? More Accurate 19%, The Same 66%, Less Accurate 4%, I Don't Know 11%",
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      "text": "Does the use of artificial intelligence make you more likely to trust the results in the supplier's final report? More Likely 34%, The Same 62%, Less Likely 4%",
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      "kind": "title",
      "text": "Our Survey Of Cardiologists Found Little Value Placed On AI Or Perception Of Differentiation",
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      "arcName": "Overcoming the Monster",
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