Hearing Economics

Featured image for “Not all States are Equal When It Comes to Costco and Audiologists”
Aug. 02, 2017

Not all States are Equal When It Comes to Costco and Audiologists

Holly Hosford-Dunn
Last post in the Costco series initiated rudimentary analyses of hearing-related market growth in the US by comparing aggregate variables in the top 25 states ranked by Costco presence (“Top” states) versus the lower 25 states (“Bottom” states).  Top states exceeded Bottom states, in adjusted per capita measures (feature image).  Compared to Bottom states, the Top 25 states feature: 4 times
Featured image for “OTCs: The End is Near”
Jul. 25, 2017

OTCs: The End is Near

Holly Hosford-Dunn
“Peeling the Onion” is a monthly column by Harvey Abrams, PhD. It appears that the creation of an FDA-sanctioned category of over-the-counter (OTC) hearing aids is a fait-accompli  (which is a French-Audiology expression meaning “The End is Near”). For those of us who plan to survive this end-time, I wonder if it might be a useful exercise to imagine what
Featured image for “Supply and Demand of Audiologists in the US, part 3”
Jul. 18, 2017

Supply and Demand of Audiologists in the US, part 3

Holly Hosford-Dunn
by Kelli Marquardt, BS (applied mathematics and economics)  Post 1 and post 2 described the model, identification strategy, and data. Today’s post summarizes the results of the estimation from a regression equation using year fixed effects.1,2 Specifically, a two stage linear regression analysis for supply and demand is used: Stage 1: Estimates of wage by regressing wage on control and
Featured image for “Supply and Demand of Audiologists in the US, Part 2”
Jul. 11, 2017

Supply and Demand of Audiologists in the US, Part 2

Holly Hosford-Dunn
by Kelli Marquardt, BS (applied mathematics and economics)   On-going research on determinants of the labor market for audiologists is summarized in this series. The model was developed in Part 1. Data, data sources, and summary statistics are described in today’s post. Analyses used a panel data set with observations for each US state and District of Columbia for the
Featured image for “Econ 202: A Little Bit of Econometrics”
Jul. 04, 2017

Econ 202: A Little Bit of Econometrics

Holly Hosford-Dunn
Today’s post ventures into unfamiliar territory for many of us, the pedagogy of equations and statistics. It is part of a series summarizing an economic article in HHTM’s Journal section entitled Supply and Demand for Audiologists.   If you think we’re down in the weeds again, where Econ 202 posts usually end up, you aren’t wrong. But there is method
Featured image for “Supply and Demand of Audiologists in the US”
Jun. 27, 2017

Supply and Demand of Audiologists in the US

Holly Hosford-Dunn
by Kelli Marquardt, BS (applied mathematics and economics)  The supply of audiologists in the US is not on track to cover the rising demand in the next 30 years (Windmill & Freeman, 2013, 2017).  This post summarizes on-going economic analyses in a pilot study of the US market for audiologists. The study goals are to establish determinants of supply and
Featured image for “What Are You Willing to Pay to See What’s Inside?”
Jun. 20, 2017

What Are You Willing to Pay to See What’s Inside?

Holly Hosford-Dunn
“Peeling the Onion” is a monthly column by Harvey Abrams, PhD.   I received a notice in my mailbox earlier this week informing me that there was $9.75 postage due on a package that my town post office was holding for me. For the life of me, I couldn’t figure out what it could be.   Mystery Mail   I
Featured image for “US Hearing Device Patents for May 2017”
Jun. 13, 2017

US Hearing Device Patents for May 2017

Holly Hosford-Dunn
  Made for iPhone hearing aids came first and most smart hearing aids are still not “made” for android devices. The Internet of things reachable by hearing aids is limited to a small, picky universe. In the larger universe, my android phone and Samsung washing machine may be having lively discourse, but I’m not privy to their chats via my
Featured image for “Audiologist as Communication Advocate in Health Care, part 2”
Jun. 06, 2017

Audiologist as Communication Advocate in Health Care, part 2

Holly Hosford-Dunn
Downstream Consequences of Aging is a bi-monthly series written by guest columnist Barbara Weinstein, PhD. The ultimate objective of any health care partnership is to optimize the patient experience during the clinical encounter, improve patient health outcomes and ensure that patient preferences are met or exceeded (Ha & Longnecker, 2010), as discussed in Part 1 of this series. Prerequisites for
Featured image for “Treating the Right Patient with the Right Service at the Right Time: Thriving in the Era of Managed Care and OTCs”
May. 30, 2017

Treating the Right Patient with the Right Service at the Right Time: Thriving in the Era of Managed Care and OTCs

Holly Hosford-Dunn
by Brian Taylor “Signal & Noise” is a bimonthly column by Brian Taylor, AuD. The first two installments of this series in Signal and Noise column were devoted to the use of some relatively routine clinical measurements as part of the practice of “good audiology”.  The basic message of those previous columns was this: Audiologists and hearing aid dispensers need