Hearing Economics

Editor’s note:  This series follows predictions by Lars Kolind[1] in the 1990s.   Post #1 considered Audiologists as retailers; Post #2 , Post #3 and Post #6 looked at effects of new forms of competition on retailing and independent practices; Post #4 and Post #5 looked at Big Manufacturers’ innovations and retail distribution of product.  Lars Kolind’s Prediction #V:  It will be increasingly difficult to base a hearing healthcare practice on aggressive marketing and

Hearing Economics is pleased to welcome Kris Diles, AuD{{1}}[[1]]Christine Diles, Au.D. and Bill Diles, M.A. have owned Kenwood Hearing Center Sonoma County, CA for over 30 years.   They have expanded the practice  to 3 full time locations with a staff of both audiologists as well as hearing aid dispensers.  Dr. Diles is a consultant to the Product Development Team

Utility is a 19th century microeconomic concept used to measure consumer satisfaction.  Satisfaction is personal and subjective; it cannot be measured directly.  Utility measures it indirectly by asking consumers to assign numbers to different levels of satisfaction they believe they would experience if they consumed a product or service.  The reason economists bother with a concept like Utility is because

These posts follow up on predictions made by Lars Kolind in the late 1990s, published in the final chapter{{1}}[[1]]Jerger JJ, Skafte MD, Kolind L. The future of audiology practice management.  Chapter 21. In Hosford-Dunn H, Roeser R, & Valente, M. (2000). Audiology: Practice Management (1st Ed). NY:  Thieme. pp 481-490.[[1]] of Audiology: Practice Management (1st Ed, 2000).  Post #1 considered Audiologists as retailers; Post #2 & Post #3 looked

This series checks in on predictions made by Lars Kolind in the late 1990s, published in the final chapter{{1}}[[1]]Jerger JJ, Skafte MD, Kolind L. The future of audiology practice management.  Chapter 21. In Hosford-Dunn H, Roeser R, & Valente, M. (2000). Audiology: Practice Management (1st Ed). NY:  Thieme. pp 481-490.[[1]] of Audiology: Practice Management (1st Ed, 2000).  Post #1 evaluated and concurred with Dr.

This series checks in on predictions made by Lars Kolind in the late 1990s, published in the final chapter{{1}}[[1]]Jerger JJ, Skafte MD, Kolind L. The future of audiology practice management.  Chapter 21. In Hosford-Dunn H, Roeser R, & Valente, M. (2000). Audiology: Practice Management (1st Ed). NY:  Thieme. pp 481-490.[[1]] of Audiology: Practice Management (1st Ed, 2000).  Post #1 evaluated and concurred with Dr.

Hearing Economics is pleased to welcome a Guest Blogger this week.  Brian Taylor‘s post is a natural follow-on to posts you’ve read here in the last two weeks discussing how and why traditional practitioners will use value adds to maintain and grow their practices in the midst of the online retail onslaught. Considering all the chatter about PSAPs, reduced barriers

Lars Kolind’s Prediction II:  There will be heavy pressure by trading by means of the Internet, driving competition to become fully global and putting those retailers particularly under pressure who do not add genuine value. Why should a consumer enter a shop if genuine additional value is not added?… [the answer is knowledge]…The retailer must develop and apply a concept

Back to the Future posts consider hearing healthcare predictions of Lars Kolind (Oticon) in the late 1990s, published in the final chapter{{1}}[[1]]Jerger JJ, Skafte MD, Kolind L. The future of audiology practice management.  Chapter 21. In Hosford-Dunn H, Roeser R, & Valente, M. (2000). Audiology: Practice Management (1st Ed). NY:  Thieme. pp 481-490.[[1]] of Audiology: Practice Management (1st Ed, 2000).   Post #1

Who are the most ruthless capitalists in the Western world?”  Bankers? Oil companies?  Health insurers?  None of the above; they are actually academic publishers… their monopolistic practices make Walmart look like a corner shop and Rupert Murdoch a socialist.  {{1}}[[1]] George Monbiot writing in The Guardian, quoted in The Robber Barons of Academia,  The Week, 3 Sept 2011.[[1]] Thus speaks British social activist