The Economic Realities of Tomorrow’s Independent Hearing Health Practice: Part 1
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…
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Retailization of Healthcare
by Amyn M Amlani, PhD Healthcare has changed and continues to evolve. Decades ago, a patient would schedule an appointment with their provider based on their insurance coverage, the provider then diagnosed and recommended a treatment protocol, and that protocol would then be executed, followed by a post-treatment visit(s). The recent healthcare model is…
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Utilizing Risk Preference to Quantify Patient Purchase Intent of Audiological Services and Technology
by Amyn M Amlani, PhD A few weeks back, I spent the afternoon shopping for clothes with my 14-year-old daughter. As we made the rounds at the local mall, I was surprised at how elaborate a consumer my daughter had become. Outfits that I assumed were a “slam-dunk” purchase were rejected, and other outfits…
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Over-the-Counter Hearing Aids as a Catalyst for Audiology Reimbursement Updates
by Kim Cavitt, AuD, and Nicholas S. Reed, AuD Hearing loss impacts two-thirds of Americans over the age of 70 years. Traditionally ignored as a benign chronic condition, “hearing loss” has begun to cement its status as a public health concern. Recent literature suggests hearing loss is independently linked to important health markers and outcomes, such…
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Auditory Training – A Familiar Value Proposition in an Era of Revolutionary Change
The many blogs from 2018—submitted by area experts—provided glimpses of opportunities and challenges that precede the profession. An opportunity that is at the crossroads between provider service-provision and patient self-provision is auditory perceptual training. In March 2018, Harvey Abrams, PhD, made the point that the value proposition of auditory perceptual training has the potential (research is…
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