{ "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": 78, "pageCount": 342, "prevPage": 77, "nextPage": 79, "slideType": "expose_contradiction", "function": "expose_contradiction", "density": "dense", "nDataPoints": 0, "notes": "The slide uses highlighted text blocks to emphasize key quotes from a consultation call transcript.", "elementsJson": [ "paragraph", "quote_block", "footnote" ], "metadataConfidence": 0.9, "imagePath": null, "slideHref": "/slides/019dd923-622c-750b-8b9a-40e2965928db/78", "deckHref": "/decks/019dd923-622c-750b-8b9a-40e2965928db", "deckJsonHref": "/decks/019dd923-622c-750b-8b9a-40e2965928db.json", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9a-40e2965928db#slide-78", "components": [ { "bbox": null, "kind": "callout", "text": "everything at this company feels like a big secret, and it’s really weird and sketchy.", "attrs": null, "subkind": null, "toolName": "Visual emphasis", "toolSlug": "visual-emphasis", "confidence": null, "componentId": "019dd953-5373-719d-a976-53d6b1209a01", "frameworkName": null, "frameworkSlug": null }, { "bbox": null, "kind": "quote", "text": "Flying in teams when local staff at the hub could drive to hospital instead\nQ: “I heard is they have this local team in Seattle, and they’re just flying in teams from other parts of the country. I heard sometimes they’re even flying in two planes with people from different parts of the country. They’re not telling the team why they aren’t using them. The suspicion is they want to bill the flight to make more money.”\nA: “[Laughs] You’re not the only one with that suspicion.”\nQ: “Walk me through what you observed there because two or three people have mentioned that to me.”\nA: “It was all very - everything at this company feels like a big secret, and it’s really weird and sketchy. There would be times when we would have multiple people on call in Seattle. They would have a specialist available. And then you would probably have a surgeon available, too. And then all of a sudden - and it would be at some different part of Washington, like Spokane, which is like a four-hour drive So, instead of sending me from Seattle and a Seattle surgeon, they would fly someone in from Southern California and have them do the case in a hospital in Seattle or somewhere else, And no one could ever make sense of why they were doing the things they were doing. All of a sudden, these other cases are happening, and nobody knows how they’re figuring out who’s doing these cases or where they’re coming from, and you have people sitting in Seattle doing nothing and saying, why am I not doing this case? And they’d be like, oh, that’s logistics; don’t worry about it.” - Former TransMedics OCS specialist", "attrs": null, "subkind": "testimonial", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "eb14271a-cc8c-4447-b6ab-5a4d56ad641e", "frameworkName": null, "frameworkSlug": null }, { "bbox": null, "kind": "quote", "text": "“It was all very - everything at this company feels like a big secret, and it’s really weird and sketchy. There would be times when we would have multiple people on call in Seattle. They would have a specialist available. And then you would probably have a surgeon available, too. And then all of a sudden - and it would be at some different part of Washington, like Spokane, which is like a four-hour drive So, instead of sending me from Seattle and a Seattle surgeon, they would fly someone in from Southern California and have them do the case in a hospital in Seattle or somewhere else, And no one could ever make sense of why they were doing the things they were doing. All of a sudden, these other cases are happening, and nobody knows how they’re figuring out who’s doing these cases or where they’re coming from, and you have people sitting in Seattle doing nothing and saying, why am I not doing this case? And they’d be like, oh, that’s logistics; don’t worry about it.” — Former TransMedics OCS specialist", "attrs": null, "subkind": null, "toolName": "Authority citation", "toolSlug": "authority-citation", "confidence": null, "componentId": "019dd953-5373-719d-a976-557eda4fd6f6", "frameworkName": null, "frameworkSlug": null }, { "bbox": null, "kind": "source-note", "text": "Source: Scorpion Capital consultation calls with experts", "attrs": null, "subkind": "annotation", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "27eceff4-a616-4e87-b4c2-2e69b5f36014", "frameworkName": null, "frameworkSlug": null }, { "bbox": null, "kind": "title", "text": "A second OCS Specialist confirmed the air transport billing scheme and provided additional evidence suggesting active, ongoing attempts to manipulate the company's internal systems as a cover-up: \"everything at this company feels like a big secret, and it's really weird and sketchy.\" The ex-employee described shock among staff stationed at hubs when they would see TransMedics fly in teams from around the country, when the local team already at the hub could have simply driven to retrieve the organ – “we have multiple people on call in Seattle...and then all of a sudden...they would fly someone in from Southern California and have them do the case in a hospital in Seattle...no one could ever make sense of why they were doing the things they were doing...people sitting in Seattle doing nothing and saying, why am I not doing this case? And they’d be like, oh, that’s logistics, don’t worry about it.”", "attrs": null, "subkind": "action-title", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "cc62bf59-4f87-4d40-ad9f-84460919500b", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }