Hearing Economics

Grant Smith returns to finish his post series on selling practices.  Last post was focused on the psychological considerations that precede all sales, where owners must recognize and weigh the opportunity cost of the choice to sell.  Without addressing those considerations early and thoroughly, owners run the real and literal risk of dying to sell, in which case they have

Grant Smith is blogging today at Hearing Economics.  Previously, he blogged in Hearing Views on the importance of hearing professionals differentiating themselves to today’s hearing aid consumer.   Grant has worn many hats in the hearing aid industry, one being to broker hearing aid sales and acquisitions.  It is in that role that he writes today’s post, giving readers a

The list of US patent approvals in the hearing industry grows longer with each bi-monthly period.  The Big 6 are well represented, but new players continue to enter the arena.  Inventor-owned patents are a rarity these days, accounting for just 10% of all new patents, down from 25% in the past.  In his new book, The Innovators, Walter Isaacson  charts changes

Well, yes.  Hallowe’en demands attention to the growing, under-served, ever-changing Zombie market for hearing healthcare.  Past posts  uncovered the market and provided pointers to Audiologists on how to capitalize on it. Today’s post pulls together zombie odds and ends in hopes of extending market reach and protecting Audiologists’ newly dug-up turf from other less-qualified biomedical professionals.   Here are  suggestions and

Siemens’ plan to strip off Audiology was first reported by David Kirkwood as rumor in February and again as fact in May of this year.   Various types of stripping were dissected at Hearing Economics and by its many Commentators.  A few well-informed, anonymous sources offered their views.  It was all very exciting, as always, when Siemens shows up at the

Tom J. Northey gives us the second half of his ACO  and Audiology post today.  In his current forecast of what’s ahead for Audiologists in the changing healthcare market place, he’s introduced us to the ACO (accountable care organization) model, electronic medical records (EMR), and health information exchanges (HIE).   It’s time to take those acronyms and own them.  Mr. Northey

Tom J. Northey is this week’s guest contributor.  In July, Hearing Economics did a multi-part series going back in time to 2000, when Mr. Northey wrote a seminal article forecasting our profession’s future choices and coining that popular phrase “Audiology Economics.” Lucky for Hearing Economics, the series caught Mr. Northey’s attention.  Though he left the field of Audiology years ago, he graciously

Amyn M. Amlani, PhD, is today’s guest blogger at Hearing Economics.  Dr. Amlani’s work is a rare combination of Audiology and Economics which has moved our profession forward and expanded our thinking in recent years.  He first introduced us to the concept of Price Elasticity of Demand back in 2007. Dr. Amlani continues to walk the walk and talk the

The 2014 updated list of research findings on the effects of caffeine and coffee on our health is here, with new findings highlighted in red.  Even though the “benefits” column far outweighs the “risks” column these days, not everyone is on board when it comes to endorsing coffee/caffeine as a health supplement.  But the barriers keep getting knocked down as

International Coffee Day, September 29, is when Economists and entrepreneurs give it up to openly worship Productivity by coffee proxy.  Services are open to all Audiologists. Hearing Economics’ annual coffee celebration commences today by ferreting out caffeine/coffee connections to our pursuit of Audiology success and prosperity, saving health and happiness for next week. Success and Prosperity   Success means a