Hearing Economics

Dick Tracy’s uber futuristic two-way wristwatch radio looks quaint today when one considers patent ideas like #D856328 .  Think of all the crimes Mr Tracy could solve as well as solutions for all that ails us if he’d been equipped with an everything-but-the-kitchen-sink-wristwatch-&-earbuds-included-device envisioned by that patent’s equally long title:  “Wearable artificial intelligence (AI) data processing, augmented reality, virtual reality,

Got Ear?   The pinna, concha and external meatus are wonderful things for hands-free carry, fitness, entertainment and environment awareness. The cochlea is a wonderous thing for hearing, no matter how you get to it. In distal order of anatomy:  Pinna as carrying case: consider patent #10382851 for an “Ear-wearable wireless communication flashlight,” when hearing is just not enough. (feature

by Kate Baldocchi, AuD & Amyn M. Amlani, PhD The hearing aid industry has experienced remarkable technological advancements in signal processing capabilities over the past two decades. During this same time, the profession of audiology has increased its efforts to act on the needs of consumers (e.g., patient-centered care), have systems in place (e.g., evidenced-based practice [EBP]), and follow them

This month’s patent crop once again drives home the impression that hearing aids are only one version of innovative tinkering around the ear. Consider GN Hearing’s interesting patent #10327071, intriguingly entitled “Head-wearable hearing device.” Consider that title: where else but the head would a hearing device go? And why device instead of hearing aid?    Words Matter   GN is

by David Maidment, PhD In August 2017, President Trump signed into law the Food and Drug Administration (FDA) Reauthorization Act, which included the Over-the-Counter (OTC) Hearing Aid Act. The primary intention of the Act is to improve accessibility and affordability to hearing healthcare in adults with mild to moderate hearing loss. The FDA has one more year (by August 2020)

Your Own Little Lab   Ear real estate continues to attract health technology innovations in search of a place to tuck in and work efficiently, uninterrupted. EarLens patents #10284964 & 10292601 are riding that trend with a customized ear canal hearable/wearable system that has a quiet little laboratory churning away in the background 24/7.  Equipped with biometric sensors and drug

Editor Note: In April 2019, Dave Smirga and Greg Frazier enlightened readers about the economic realities that independent practices face with the changing dynamics of the consumer and managing hearing aid wholesale costs. This month’s blog, Part 2, is the continuation of their blog, with an emphasis on offering a diversity of services coupled with business solutions that lend to

Get Down with Your Music and Up With Your Gym Game   Patent #10264339 aims to give ear device and hearing aid wearers “the feel of the sound similar to music being played at a night club, a concert, or when being played by a loud stereo,” and  “wirelessly communicate with an additional device.” This could improve your dancing and

By Debbie Abel, AuD, and John Coverstone, AuD Who doesn’t love “FREE?” After all, Coco Chanel once said “The best things in life are free.” Of course, she went on to say, “The second-best things are very, very expensive.”   History about Free Hearing Testing   Offering free hearing testing continues to be common in audiology. This has not always

by Dave Smirga, MA, and Greg Frazier, PhD, AuD What makes owning and operating an independent hearing health practice financially successful?  The simplistic answer would be “when the practice makes more money than it spends.”  Through the nineties and even through the early 2000’s, the engine that could be relied on to deliver this equation was hearing aid sales.