Price Functions in the US Retail Hearing Aid Market, Part 2
by Holly Hosford-Dunn, PhD & Amyn Amlani, PhD Average Sale Price of hearing aids in the US retail market (ASP) grew at the rate of inflation from 2004-2011, peaked in price in 2012 and declined each year thereafter. At no time has ASP ever hit $6K/set, no matter how many times that anchor price gets…
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Mucking Around with Hearing Aid Price, Again
by Holly Hosford-Dunn, PhD and Amyn Amlani,PhD The Pricing series revs up for a multi-year update today, just in time to get in on the PCAST and IOM action of recent days and await signs from the FDA. In 2013, the announced intent was to “dive down and muck around with Price to test…
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Today’s Hearing Aid Buyers
This week’s post, the 184th post published at Hearing Economics, is written by Dr. Jerry Northern, who returns for another round in the guest contributor ring. As usual, his timing is perfect. Hearing Health Matters! is celebrating two milestones today — our millionth page read and our 500,000th unique reader. What better way to…
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With a Tale, Forsooth, Northey Cameth Unto Us
The Tom Northey series concludes today, wrapping up his 2000 treatise forecasting the future of our profession.1 He foresaw systematic changes headed straight at us and anticipated questions and issues that would rain down upon us. Northey predicted a world of Audiology survivors and losers, advised Audiologists to look beyond hearing aids for survival strategies, and gave Audiologists common-sense recommendations which we…
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I’ll Take That Bet and Raise You
Our profession was treated last week to a timely and balanced discussion of unbundling by Robyn Cox PhD. She is one of audiology’s most reasoned thinkers, test creator extraordinaire, talented researcher, and a nice person to boot. Dr. Cox addressed concerns being raised in policy-making circles that traditional hearing aid dispensing models are pricing many…
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