How Much and How Low, Audiology Workforce part 2

Last week’s post described a world of audiology in which median wage has increased by $2100/year on average for the last 15 years, yet the audiology workforce has remained flat.  This scenario, shown in the feature image above, is alarming.  Moreover, it is unusual.  Other healthcare professions don’t roll like this.  Today’s post looks at…

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Student Loans Slow Economic Recovery — It’s Personal

It is a big social experiment that we’ve accidentally decided to engage in. Let’s send a whole class of people out into their professional lives with a negative net worth starting at minus tens of thousands of dollars. Those minus signs have psychological impact and a dollars-and-cents impact on what you can afford, too. {{1}}[[1]]Paraphrase of a…

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King Cash

Lots of small businesses fail but not for lack of successful services and products.  Those may be stellar, but it’s the ebb and flow of cash that sinks or floats your practice.  Over 60% of business failures occur because cash flow slows to a trickle, crashes against the rocks, hits the rapids, whirlpools, floods the…

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IntriCon Corp, part 2: What, Who, How and Where?

 WHAT is ItriCon?    IntriCon Corp describes itself as a “manufacturing OEM.” For the uninitiated (like me) OME stands for “Original Equipment Manufacturer.”  An OEM manufactures parts and finished products which it sells to other companies, which in turn use the parts and sell the purchased products under their own brand names.  IntriCon further describes…

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Back to the Future Part IIIa: Technology is a Double-Edged Sword

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…

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