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  "documentTitle": "Nevro Corp. (NVRO)",
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  "authorName": "Kir Kahlon",
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  "presentationDate": "2021-01-07 00:00:00",
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      "text": "Nevro is a failed one-trick pony at 15x sales: the pivotal SENZA trial was rigged, HF10 is a phony premise, explant rates run 22-33%, and kickbacks prop up what remains of sales.",
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      "text": "We went to Nevro's headquarters to discuss the explants... I realized this shit doesn't work... His take on Nevro is slimy people, falsification of data.",
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      "text": "A lot of doctors in Germany are saying that Nevro's device only works for 2 to 2 1/2 years... People have become nervous and become afraid to use Nevro.",
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      "text": "Nevro keeps explant rates very well hidden... The explant rate was a hell of a lot higher than [the stated] 2%.",
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      "text": "According to a 2019 contract... Nevro...offered Swiss doctors CHF10,000... for each Nevro spinal cord stimulator implanted",
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      "text": "If you put doctors into boxes, Money Mike couldn't care less if there's a high explant rate... Yes, there are unethical, corrupt doctors.",
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      "text": "\"According to a 2019 contract obtained by the German language paper, California-based Nevro...offered Swiss doctors CHF10,000 ($10,181) for each Nevro spinal cord stimulator implanted in a patient...The kickback scheme, which has now been terminated, has been running since 2017 under the auspices of the “Nevro Partnership Program.”\" — Swiss Broadcasting Corporation; \"Nevro keeps explant rates very well hidden from the field reps...The explant rate was a hell of a lot higher than [the stated] 2%. I don't know that people asked for it, because ignorance is bliss. I didn't want to know. Don't ask questions you don't want to know the answer to. My peers in the field felt the same way.\" — Former Nevro regional sales director; \"If you put doctors into boxes, Money Mike couldn't care less if there's a high explant rate. It's just about the price you give him for the device. He could care less about whether it works or not. Yes, there are unethical, corrupt doctors. In that population, Nevro is the best thing since sliced bread.\" — Physician #4; \"A lot of doctors in Germany are saying that Nevro's device only works for 2 to 2 ½ years and then the patient comes back with more pain...People have become nervous and become afraid to use Nevro.\" — Physician #5; \"We went to Nevro's headquarters to discuss the explants...I realized this shit doesn't work...His take on Nevro is slimy people, falsification of data...I don't understand how Nevro can continue to keep the smoke and mirrors going, I really don't. I mean, it's crazy.\" — Physician #3",
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      "text": "Source: Consultation calls with experts",
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      "text": "Scorpion Capital | Nevro (NYSE: NVRO)",
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