Keeping Your Payment Options Open
Hearing care professionals share strategies for implementing flexible payment options to expand patient access and support practice growth.
Category: Financial Services
Financial Services
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Financial Services
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How To Make The Cost Conversation Easier
Learn how you may help overcome the barriers of cost concerns by utilizing pre-qualification and digital tools, like custom link and QR codes, to help innovate your practice.
Financial Services
Latest
Maintaining a Strong Online Presence Can Be Key to a Successful Business
Managing your “online profile” is a critical component of doing business in the modern world, and building a strong on-screen reputation will position you in the most favorable manner. Here is a list of tips that can help ensure your practice’s solid reputation and stellar service stand out from the crowd.
Synchrony/CareCredit to Acquire Allegro Credit
Synchrony announced it has reached a definitive agreement to acquire Allegro Credit, a provider of point-of-sale consumer financing for audiology products, dental services, and musical instruments.
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Increasing Hearing Aid Adoption Rates
In this short interview, Amyn Amlani, PhD, explains why hearing aid sales have been growing, and offers his perspectives on how OTC hearing aids and potential changes in Medicare could change adoption rates.
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Seven Sage Ways to Help Reluctant Patients with their Hearing Loss
Clinical expertise is essential, but audiologists and hearing aid specialists with a firm grasp of psychology are often the most convincing at convincing patients to accept a recommendation for a hearing aid. Here are seven sage ways to smooth their journey toward better hearing.
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Overcoming Hurdles to Making Your Practice Successful
One of the most critical aspects of your business is the way your practice is perceived by current and potential patients. This article explores some common difficulties that practice owners may encounter, as well as quick and easy ways to fix the issues that may be keeping your hearing care practice from functioning optimally.
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The Resurgence of Covid-19 and Adjustments in Hearing Care Marketing
Covid-19 is still impacting hearing aid sales, but these strategies can blunt its effects while preparing your practice for what many experts predict will be an excellent year for hearing healthcare in 2021.
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Feast, Famine, and Financing: Building a Music-Focused Practice
The music business can be a feast-or-famine endeavor, with gigs waning for a variety of reasons, including the effects of the global pandemic. But regardless of their economic situation, musicians need hearing care (enhancement or protection) in good times and bad.
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Important Steps for Creating a Fee-For-Service Practice
Moving away from “bundled pricing” to a fee-for-service model can be a daunting, but increasingly necessary, challenge for many hearing care practices. Here is a brief discussion of the most important factors to consider when converting a practice to the fee-for-service model.
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Perspectives on Paying for Hearing Aids and Audiological Services
Increasingly, consumers would rather pay for expensive goods and services with a series of loans, so they can stick to their budget and easily see what they owe. One may be for hearing aids, another for the car, making it easy to see how much money is going out. Many of these loans are low-interest and some may even be no-interest, ultimately adding value to the hearing care practice and potentially attracting many more patients.
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Effective Advertising and Marketing in 2020
The rise of the global pandemic has only raised the stakes for strong web-based marketing in the realm of hearing healthcare. Online reviews, patient referrals, and physician marketing also play a large role in today’s successful independent practice.
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Marketing to Physicians: Make Your Care Your Marketing
While physicians are increasingly valuing the care and expertise of hearing care professionals, the perception surrounding hearing aids can occasionally get in the way. Here are some tips for emphasizing professional hearing care services while addressing affordability/accessibility issues to physicians.
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Stand Out With Tinnitus Care and Multiple Financing Options
Spreading the word about tinnitus care throughout the community can help hearing care professionals stand out from the crowd while developing a busy niche. This article looks using tinnitus remediation and financing options to help build your practice.
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Comorbidities and Eliminating Barriers for Establishing Referral Networks
Many chronic health conditions are now being linked to hearing loss. Hearing care professionals can become “the hearing provider” for any future referrals of patients with hearing loss. However, some barriers, including the perception of accessibility and affordability, first need to be overcome.
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All About Options: Concierge, House Calls, and Financing
Accommodating individual personality types is a perfect way to customize the patient experience. Meeting patients “where they are” references a state of mind, but in some cases it also applies to an actual physical location in the form of house calls.
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Remote Mics, Alerting Devices, and Loop Systems: Hearing Care’s Underutilized Toolbox
How to provide your patients the opportunity to purchase important accessory items like remote mics, looping systems, and alarm/alerting devices—systems that can make a big difference in their outcomes.
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Battle Big Box and Online by Honing Practice Strengths and Offering Options
Big box hearing aid sales are estimated to make up more than 14% of US sales, and OTC hearing aid regulations are now expected to be in place by at least the second quarter of 2021. Here are some tips for how to compete with and differentiate your practice against these competitors.
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