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  "documentTitle": "TransMedics (TMDX)",
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      "text": "We also note the cluster of fifteen “consulting” payments of exactly $50,000 each, mostly paid on the same day to various doctors – suggestive of kickbacks – as well as other suspicious clusters in the data.",
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      "text": "General Payments: $1.5MM",
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      "text": "The executive detailed several anomalies in TransMedics entries on Open Payments. We note that the annual amount for “General Payments” was a mere $1.5MM in 2023, straining credibility. For example, the executive pointed to the absence of payment entries for “Food and Drink” – typically a large sum with the largest number of discrete payments, as wining and dining at expensive restaurants at conferences or speaker events is a common mechanism for inducement. We also note the cluster of fifteen “consulting” payments of exactly $50,000 each, mostly paid on the same day to various doctors – suggestive of kickbacks – as well as other suspicious clusters in the data.",
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      "text": "Source: Scorpion Capital consultation calls with experts; CMS Open Payments database https://openpaymentsdata.cms.gov/company/100000010939",
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