New Study Examines Why Americans Pay More for Healthcare

The blanket term used to describe hearing instrument specialists, audiologists and even otolaryngologists is hearing healthcare professional.  As the term implies, each of these professions is part of the greater healthcare sector of the economy. Hence, a recent study examining the drivers of cost in the American healthcare system should be of interest to everyone…

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walgreens hearing aids

UPDATE: Walgreen’s Hearing Re-emerges with Two Twin City Locations

In what appeared to be an unsuccessful “proof of concept” project  in 2015 between Walgreens and Sonova, a similar venture, this time involving Starkey, is underway inside two Walgreen’s locations in the Twin Cities. Similar to CVS, which has been opening hearing aid center locations throughout the US for more than a year, Walgreen’s appears…

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bill austin judge perjury allegation

Untruthful on the Stand? Some of Austin’s Testimony Struck from Record in Starkey Trial

MINNEAPOLIS, MINNESOTA — The $20 million embezzlement trial involving former Starkey executives took yet another twist this week when U.S. District Court Judge John Tunheim ruled Tuesday that Starkey Laboratories owner Bill Austin perjured himself at least once in his testimony earlier in the trial. The testimony in question, regarding the perjury allegations against Austin,…

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starkey scott nelson cfo

Northland Hearing Centers Become Focus of Starkey Trial; Defense Counters with Allegations of Misdeeds

MINNEAPOLIS, MINNESOTA — The former Starkey Chief Financial Officer, Scott Nelson, took the stand for two days of testimony on February 16th and 19th in the $20 million federal fraud trial in Minneapolis. Jerry Ruzicka, Starkey’s former president; ex-human resources head Larry Miller; and former business associates W. Jeffrey Taylor and Larry T. Hagen all…

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IntriCon Announces Record Breaking Year, Poised for Growth

ARDEN HILLS, MINNESOTA — IntriCon Corporation, a leading designer, manufacturer and distributor of miniaturized body-worn devices, including hearing aids, announced financial results for 2017. The suburban Minneapolis company, which provides hearing aids and other components for many distributors, announced record full-year revenue of $88.3 million for 2017, an increase of 30% over 2016. The company…

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bill austin testifies starkey trial

Starkey Owner Takes the Stand

MINNEAPOLIS, MINNESOTA — The trial of former Starkey president Jerry Ruzicka and three others accused of stealing more than $20 million from Starkey through the illegal transfer of restricted stock resumed during the week of February 5th after a one week Super Bowl break. The resumption of the trial was highlighted by the testimony of…

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energizer buys rayovac hearing aid batteries

Energizer Acquires World’s Largest Hearing Aid Battery Supplier, Rayovac, in $2 Billion Deal

MIDDLETON, WISCONSIN — Within a week of media reports that Spectrum Brands Holding Inc was exploring the possible sale of its appliance and battery divisions, Energizer announced on Tuesday it would buy the company’s battery and portable lighting business in a $2 billion cash deal. By acquiring Rayovac from Spectrum as part of the deal,…

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ruzicka fired starkey hearing aid

Trial Begins This Week for Former Starkey Executives

In Minneapolis, jury selection is scheduled to begin today for two former executives of Starkey Hearing Technologies on charges of fraud and embezzlement. As HHTM readers will recall Starkey’s longtime former president Jerry Ruzicka, chief financial officer Scott Nelson and vice president of human resources Larry Miller were all fired in September 2015 by Starkey’s…

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hearing aid user manual

Rethinking the Hearing Aid User Guide to Improve Outcomes

Grit, guts, determination, fortitude, perseverance, tenacity. Those are a few of the words used to describe an individual’s ability to overcome obstacles and challenges in their life. No doubt, hearing care professionals, in their daily encounters with patients, are all-too familiar with these characteristics and how they affect treatment outcomes. Clinicians intuitively know that patients…

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spectrum rayovac for sale

World’s Top Supplier of Hearing Aid Batteries, Rayovac, May be Up for Sale

MIDDLETON, WISCONSIN — According to recent media reports, Spectrum Brands Holding Inc is exploring strategic options, including the possible sale of its appliance and battery divisions. The company, which owns Rayovac batteries, is already in talks several with prospective buyers. According to a report in USA Today, the company is looking to concentrate on its…

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