Hearing Economics

  Economics isn’t taught in the hearing healthcare curriculum, but it should be!  We are witnessing Adam Smith’s Invisible Hand at work, steering hearing healthcare markets toward equilibrium through massive and/or rapid shifts in consumer demands, professional training, technological advancement, capital investment, industry consolidation, regulatory control, product and service distribution, and strategic pricing.  We’ll look at some of those market

I’d like to kick start this blog by sharing an interesting query that arrived in my email this week from Rick Lazich, AuD: Dear Dr Dunn.  We are a two member audiology group that provides services/hearing aids onsite in long term care facilities in (state). We have done a fee for service practice for the past seven years. Medicaid has