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      "text": "We believe that Nevro’s business model hinges on unsustainable kickbacks to high-volume implanters",
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      "text": "KOL's and Nevro's former executives described the spinal cord stimulator space as driven by a small number of high volume implanters who will only use your device if you pay them to do so. Some used the word kickbacks to describe how companies like Nevro attract and retain their top accounts, while others described the same dynamic without directly labeling it as such. We begin with Nevro's practices in Europe, which we believe are more accurately described as simply bribery. An article by the Swiss Broadcasting Corporation in February 2020 alleged that Nevro paid doctors ~$10,000 per device implanted. Journalists obtained a 2019 Nevro contract and stated that \"the kickback scheme\" began in 2017.",
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      "text": "According to a 2019 contract obtained by the German language paper, California-based Nevro, which specialises in the treatment of chronic pain in the trunk and limbs, offered Swiss doctors CHF10,000 ($10,181) for each Nevro spinal cord stimulator implanted in a patient.",
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