The American Academy of Audiology (AAA) has endorsed the Academy of Dispensing Audiologists’ (ADA) 18×18 initiative launched at the 2013 ADA Convention, as well as ADA’s introduction of the Audiology Patient Choice Act of 2014 (HR 5304).
Read More
Siemens AG is selling Siemens Audiology Solutions unit to the Stockholm-based private-equity firm EQT Partners AB and Germany’s Strüngmann family of entrepreneurs as co-investors. The purchase price is €2.15 billion plus an earn-out component and is subject to regulatory approval.
Read MoreGN Store Nord has announced that it has ended its pursuit of a possible acquisition and merger (M&A) with Siemens’ Hearing, leaving EQT Partners AB as the only (known) remaining bidder. The deal could be announced as soon as tomorrow; however, Siemens could also continue its pursuit of an IPO, as previously announced.
Read More
The Academy of Doctors of Audiology Convention begins on Thursday at the Red Rock Casino Resort and Spa in Las Vegas. Here is your schedule at-a-glance.
Read More
The Center for Medicare and Medicaid Services (CMS) has released its final rule, stating that it will maintain Medicare coverage of auditory osseointegrated implants (AOIs), reversing its earlier proposal to have AOIs classified as hearing aids (thereby eliminating coverage for them).
Read More
Permira Advisors LLP has dropped out of the bidding process for Siemens’ hearing division, leaving EQT Partners AB as the unit’s most likely buyer. However, GN Store Nord—maker of ReSound, Beltone, Otometrics, and Jabra headset devices—also remains as a bidder, and Siemens could also continue to pursue a future IPO as previously announced.
Read More
Siemens AG is reportedly in advanced talks with at least three potential buyers to sell off its 2-billion euro ($2.6 billion) hearing aid division via a sealed bidding process.
Read More
Next week’s Academy of Doctors of Audiology (ADA) Convention, held at the Red Rock Resort in Las Vegas, will feature a special 1-hour presentation titled “10 Winning Tips for Patient Loyalty,” by Sergei Kochkin, PhD. The event, which is offered free of charge, will be held Thursday night at 7:00 PM at Veranda A&B directly following the Opening Reception in the exhibit hall. To RSVP, click on the event link in the article.
Read More
Julia Beall-McKelvey donated $15,000 to the International Hearing Society’s (IHS) advocacy fund in support of the Fit to Serve campaign which is designed to widen veterans’ access to hearing healthcare services via licensed hearing aid specialists.
Read More
On October 17, Oticon celebrated its seventh annual “Pink with a Purpose” pink-themed campaign with the presentation of a check for $10,000 to the National Breast Cancer Coalition (NBCC). As a further demonstration of Oticon’s commitment to help raise breast cancer awareness, more than 100 Oticon employees participated in the October 19 breast cancer walk in New York City.
Read More
GN Otometrics has issued an alert to warn customers, partners, and distributors about imitation HI-PRO products. Invalid serial numbers, irregular CD labeling, sub-standard bumpers on the bottom of the housing, and general inferior workmanship are just a few of the signs that can identify the fake HI-PRO products by simple visual inspection, says the company.
Read More
Microson, Spain’s only hearing aid manufacturer, continues its expansion into Latin American and launched two new products at the recent EUHA Congress.
Read More
This October marks a new beginning for MAICO Diagnostics as it launches new devices, a new website, and a new fresh look.
Read More
EarQ members joined the Kansas City Chiefs to offer hearing health screenings to children in the Kansas City community in support of the October 2014 NFL & United Way Hometown Huddle event.
Read More
New financing options from Horizon Keystone Financial and Audiology Systems are designed to make equipment purchases more manageable. According to HKF, this year up to $25,000 worth of financed equipment purchases will qualify for a 100% tax deduction; those who are included in the IRS’s 35% tax bracket can save up to $8750.
Read More