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  "documentTitle": "Nevro Corp. (NVRO)",
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  "authorName": "Kir Kahlon",
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  "notes": "Uses testimonial-style quotes from competitor employees to undermine company disclosures.",
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      "kind": "callout",
      "text": "One indicated that the largest clinic he sells to had an 80% explant rate with Nevro's device and \"won't let Nevro back in.\"",
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      "text": "Aside from both KOL’s and former employees indicating rampant device failures and explants, we provide confirmatory color from territory managers at key competitors, for whom Nevro’s explants problem appear to be common knowledge.",
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      "kind": "quote",
      "text": "“I’ve heard upwards of an 80% explant rate, at the biggest clinic that we sell to. They won’t let Nevro back in. They said about 80% of their Nevro devices have come out.”",
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      "text": "“Nevro defines explants differently. Their study on explant rates said it’s just 1%. The Europe study [that indicated high explant rates] looked at the real world. I had a doctor in my territory who put in 25 Nevro devices and explanted all of them.”",
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      "kind": "quote",
      "text": "\"I've heard upwards of an 80% explant rate, at the biggest clinic that we sell to. They won't let Nevro back in. They said about 80% of their Nevro devices have come out.\" — Longtime Medtronic territory manager, running a large midwestern region; \"Nevro defines explants differently. Their study on explant rates said it's just 1%. The Europe study [that indicated high explant rates] looked at the real world. I had a doctor in my territory who put in 25 Nevro devices and explanted all of them.\" — Longtime Medtronic territory manager, running a larges multi-state region on the east coast",
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      "text": "6. A covered-up device failure and explants crisis",
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      "text": "Scorpion Capital | Nevro (NYSE: NVRO)",
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