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  "documentTitle": "TransMedics (TMDX)",
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      "text": "Regulators about to crack down on the TransMedics gravy train by enforcing “reasonable cost”",
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      "text": "I think the government is working their way down. Because what CMS does is like, what’s a reasonable cost? Well, this stuff is all new, so they’ve never established what reasonable costs are. I think what they’re going to do is I think they’re going to come in and they’re going to establish ‘reasonable cost.’ And now, all of a sudden, the Hawker 800 that costs $12 million does not make sense because that’s not reasonable cost.",
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      "text": "calling it out as a creature of a perverse reimbursement rule, stating that regulators are locked in and ready to blow up its gravy train - “the glory days of we’re going to charge $100,000 for a TransMedics device, and you have to use our people and...our expensive jet - I think all that is over...I think the gravy train is coming to an end, honestly”; “they’re going to come in because everything in transplant is based on what’s a reasonable cost...the government is working their way down...this stuff is all new...they’ve never established what reasonable costs are...they’re going to come in an establish ‘reasonable cost’...and now, all of a sudden, the Hawker 800 that costs $12 million does not make sense anymore because that’s not reasonable cost.”",
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      "text": "“So, I really think the government is going to come in, and they’re really going to shake this up, and I think the glory days of we’re going to charge $100,000 for a TransMedics device, and you have to use our people, and you’ve got to use our expensive jet - I think all that is over. I think the gravy train is coming to an end, honestly. I think the government is going to really come in.” - CEO of a major OPO (Organ Procurement Organization), longtime industry executive",
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      "text": "Q: “So, you think the government is going to wipe out TransMedics’ gravy train?” A: “I think so. I think they’re going to come in because everything in transplant is based on what’s a reasonable cost... I think the government is working their way down. Because what CMS does is like, what’s a reasonable cost? Well, this stuff is all new, so they’ve never established what reasonable costs are. I think what they’re going to do is I think they’re going to come in and they’re going to establish “reasonable cost.” And now, all of a sudden, the Hawker 800 that costs $12 million does not make sense because that’s not reasonable cost.” - CEO of a major OPO (Organ Procurement Organization), longtime industry executive",
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      "text": "“So, I really think the government is going to come in, and they’re really going to shake this up, and I think the glory days of we’re going to charge $100,000 for a TransMedics device, and you have to use our people, and you’ve got to use our expensive jet - I think all that is over. I think the gravy train is coming to an end, honestly.” — CEO of a major OPO (Organ Procurement Organization), longtime industry executive",
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      "text": "Source: Scorpion Capital consultation calls with experts",
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      "text": "He emphasized the exploitation of “Reasonable Cost” as the heart of TransMedics scam",
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