{ "docId": "019dd923-622c-750b-8b9a-40e2965928db", "docSlug": "e5bffbaac707", "documentTitle": "TransMedics (TMDX)", "authorId": "58_Scorpion_Capital", "authorName": "Scorpion Capital", "documentKindSlug": "research-note", "documentKindLabel": "Research note", "sourceTypeSlug": "short_seller", "sourceTypeLabel": "Short seller", "presentationDate": "2025-01-10 00:00:00", "orientation": "landscape", "aspectRatio": 1.3333334, "pageNumber": 255, "pageCount": 342, "prevPage": 254, "nextPage": 256, "slideType": "expose_contradiction", "function": "expose_contradiction", "density": "dense", "nDataPoints": 0, "notes": "The slide uses a combination of summary text and a direct quote to highlight unethical business practices.", "elementsJson": [ "paragraph", "quote_block", "footnote" ], "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019dd923-622c-750b-8b9a-40e2965928db/255", "deckHref": "/decks/019dd923-622c-750b-8b9a-40e2965928db", "deckJsonHref": "/decks/019dd923-622c-750b-8b9a-40e2965928db.json", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9a-40e2965928db#slide-255", "components": [ { "bbox": null, "kind": "callout", "text": "When the center delayed payment, the executive alleged that members of TransMedics management team – COO Tamer Khayal and OCS liver head Magdy Attia – attempted to pressure them for payment by holding a heart hostage from an ICU transplant patient", "attrs": null, "subkind": null, "toolName": "Visual emphasis", "toolSlug": "visual-emphasis", "confidence": null, "componentId": "019dd953-5373-719d-a985-d2ce1dd10c9c", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.35, "w": 0.86, "x": 0.07, "y": 0.07 }, "kind": "paragraph", "text": "An administrator at a pre-eminent, high-volume center detailed a pattern of “ridiculous” air transport charges with no invoice transparency, which were not part of any contract – involving multiple aircraft sent for a single recovery, allegedly resulting in charges of several hundred thousand dollars. When the center delayed payment, the executive alleged that members of TransMedics management team – COO Tamer Khayal and OCS liver head Magdy Attia – attempted to pressure them for payment by holding a heart hostage from an ICU transplant patient – “I hate flying their team all over the fucking country. I hate it. I hate paying for private jets...I don’t know why we have to pay for all these ridiculous transportation invoices...they just started flying their teams and then sending us these invoices...there’s very little transparency...we just get a piece of paper...it’s just a number...they could have made it up.”", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "4dd803b3-f7bf-4a24-84ed-cd870135410c", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.45, "w": 0.86, "x": 0.07, "y": 0.45 }, "kind": "quote", "text": "“I hate flying their team all over the fucking country”; sending extortionate invoices with no transparency\n“Now, I don’t even bother. I would never even attempt to negotiate anything with them because they won’t negotiate. The transportation is a major problem for us. Part of the reason why our PO took so long to execute is because they just created their own transportation company and started flying - I hate flying their team all over the fucking country. I hate it. I hate paying for private jets to fly their surgeons all over. I don’t know why we have to pay for all these ridiculous transportation invoices. And I hate when, now that they’ve got their own transportation company, they just started flying their teams and then sending us invoices. We can’t just pay a random—we can’t pay for flights from a company that we’re not contracted with. They have all these outstanding flight invoices because we don’t have a contract with...there’s very little transparency. Contracting with them for the transportation felt ridiculous because they couldn’t tell us what the rates were. Basically, we just get a piece of paper, an invoice that says you owe us $20,000 for this flight going from here to here. It doesn’t say anything about what kind of aircraft it was, how long was it in the air—all this stuff. It’s just a number. They could have just made it up. I find that to be very frustrating.” - Administrator at a pre-eminent academic transplant center", "attrs": null, "subkind": "testimonial", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "53d094c3-4ce2-400b-98ba-2516dce077c4", "frameworkName": null, "frameworkSlug": null }, { "bbox": null, "kind": "quote", "text": "“I hate flying their team all over the fucking country. I hate it. I hate paying for private jets...I don’t know why we have to pay for all these ridiculous transportation invoices...they just started flying their teams and then sending us these invoices...there’s very little transparency...we just get a piece of paper...it’s just a number...they could have made it up.” — Administrator at a pre-eminent academic transplant center", "attrs": null, "subkind": null, "toolName": "Authority citation", "toolSlug": "authority-citation", "confidence": null, "componentId": "019dd953-5373-719d-a985-d7ae9c10ecf2", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.02, "w": 0.3, "x": 0.07, "y": 0.95 }, "kind": "source-note", "text": "Source: Scorpion Capital consultation calls with experts", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "8a679134-cdb6-4841-bad1-886d79af460c", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }