Summary: Neurotone AI, creator of the Lace AI Pro auditory training platform, has announced its acquisition of Amptify, a leading digital hearing healthcare platform, aiming to revolutionize aural rehabilitation and expand revenue opportunities for audiology practices.
Key Takeaways:
- Strategic Expansion: The acquisition strengthens Lace AI Pro’s position as a leader in auditory training, integrating Amptify’s advanced research and cochlear implant rehabilitation content.
- Expert Collaboration: The combined team includes renowned aural rehabilitation experts, forming a powerhouse for evidence-based innovation in hearing healthcare.
- Enhanced Care Delivery: The partnership aims to make auditory training a standard of care, empowering audiologists with advanced tools to improve patient outcomes and practice profitability.
Neurotone AI, an aural rehabilitation solutions provider, and creator of the Lace AI Pro auditory training platform, has entered into a definitive agreement to acquire Amptify, a leading digital hearing healthcare platform developed at Washington University in St. Louis School of Medicine.
The transaction is expected to close by the end of 2024, subject to customary closing conditions. This strategic acquisition furthers Lace AI Pro’s mission to make auditory training the standard of care while creating new revenue opportunities for audiology practices.
“This acquisition represents a significant milestone in our continued mission to revolutionize hearing healthcare,” says Rick Carlson, CEO of Neurotone AI. “By combining Lace’s proven clinical foundation and AI-powered technology with Amptify’s extensive research background, we’re not just improving patient outcomes – we’re transforming how audiologists deliver comprehensive care.”
About the Amptify Acquisition
The acquisition brings together world-renowned experts in auditory training, including Amptify founder Nancy Tye-Murray, PhD, who joins Lace AI Pro’s distinguished team of Robert Sweetow, PhD, Jennifer Henderson Sabes, AuD, and Co-Founder Miles Aron, PhD. This collaboration forms an unprecedented brain trust in aural rehabilitation research and development.
“I am thrilled to join the exceptional Lace AI Pro team,” says co-founder Nancy Tye-Murray, PhD. “Together, we will accelerate the adoption of evidence-based auditory training as a fundamental component of hearing healthcare. Our shared vision is to enhance patient outcomes through innovative, accessible solutions.”
Neurotone AI says it is grateful for the work of the entire Amptify team, including co-founder Brent Spehar, PhD, CCC-A, and Anne Michele Puglisi, AuD, whose dedication has made a lasting impact on the field.
Neurotone AI will integrate Amptify’s content into Lace AI Pro, particularly cochlear implant rehabilitation and communication strategies instruction, enhancing its already robust platform. The company remains committed to ensuring a smooth transition and continued support for Amptify’s existing customers and patients.
Although Lace AI Pro has only been in the market for a few months, it has already partnered with hundreds of audiology practices nationwide. The company invites forward-thinking practitioners to join its growing network dedicated to advancing patient care through auditory training.
