https://www.google.com/search?q=pictures+of+markup&espv=210&es_sm=122&tbm=isch&tbo=u&source=univ&sa=X&ei=nVDgUr-fLOSMyQGWrYGIBA&ved=0CCkQsAQ&biw=1366&bih=643#facrc=_&imgdii=_&imgrc=sxNf5bc6y_uRNM%253A%3BjWB6nOfOC7EagM%3Bhttp%253A%252F%252Fcdn2.hubspot.net%252Fhub%252F302299%252Ffile-299332856-jpg%252Flayout%252Fmarkup.jpg%3Bhttp%253A%252F%252Fwww.kellyelectricalcontractors.com%252Fblog%252Fwhat-are-the-hidden-fees-charged-by-electrical-contractors%3B372%3B300

Markup Is an Abused and Misunderstood Term

Last week’s post concluded that hearing aid markup is “roughly keystone: 2x, not the ‘exorbitant’ 5x or even higher markup claimed on the Internet.”  The conclusion was based on supporting, albeit sparse, data, which is more than can be said for the 5x claim reproduced in Figure 1.  Besides, talking about markup as a multiple is misleading and…

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http://www.itpro.co.uk/business-intelligence/big-data-column/19594/future-cities-widens-its-reach-big-data

Present Situation Be Damned, Full Speed Ahead

The Affordable Care Act’s Healthcare was reviewed, state-by-state, last week.  This week brings another table (below) of dubious data collected with sincere effort to try to estimate the ACA’s impact on Audiologists. Requests for updates and corrections last week went unheeded.  Logical explanations, in order of probability, are 1) nobody reads this column except Harvey…

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It’s a Vision Thing: Unraveling HearUSA, part 8

In fast-changing technology product markets, there is a real advantage to controlling both the hardware and the software…  {{1}}[[1]]Thomas R. Eisenmann, Professor, Harvard Business School.  http://www.nytimes.com/2011/08/21/sunday-review/google-goes-hardware-shopping.html?ref=todayspaper [[1]] Like Google and other successful corporations, my private practice aspires to “automated efficiency” and functions as a “learning machine.”  Unlike successful corporations, my practice doesn’t score high on the…

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In the Beginning was the Word: Unraveling HearUSA, part 2

… the hearing industry has been … loosely organized … lacking defined standards of quality in both the provision of testing services and in product performance.  Consumers…have not developed a confidence about audiology in general as being a serious aspect of health care and concern.{{1}}[[1]]HEARx Marketing Plan, internal document, 1986.  Unless otherwise noted, all quotes…

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De-capitation Redux: Adventures of Rick, part 2

In the very first post (https://hearinghealthmatters.org/hearingeconomics/2011/case-of-the-de-capitated-audiologists/), we heard from Dr Rick Lazich and his partner, who were negotiating a contract for audiology services in state long-term care facilities. … and there were a bunch of dentists involved somehow.  At that point, his group had just ponied up big bucks to hire actuaries to help with the process. Today, he’s…

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