Owners of veterinary medicine, dentistry, and optometry practices share proactive strategies for discussing cost and financing options with patients using empathy to help them move forward with care.
HCPs can expand their impact by increasing awareness of the diverse causes of hearing loss and by actively connecting with both current and potential patients through community outreach and professional partnerships.
Share your experiences and perceptions of practice management systems in the hearing care industry. As a thank you, your completed survey will result in a donation to a 501(c)(3) nonprofit hearing care research organization.
CareCredit, a Synchrony (NYSE:SYF) solution and provider of promotional financing for patients, announced that it is now integrated into Sycle, a practice management platform for the hearing industry. The new integration is designed to help hearing healthcare practices save time, increase productivity, and provide patients with a financing option that makes it easier to move forward with the care they need for improved hearing health.
What do the recent mergers and acquisitions (M&As) of hearing care dispensing networks mean for private practice audiologists and hearing aid specialists?
The US hearing aid market rebounded from a net unit loss of -18% in 2020, which was induced by the pandemic, to a unit increase of 37% in 2021—essentially making what would appear to be a full recovery. In fact, hearing aid sales in 2021 ended up an impressive 12% above pre-pandemic 2019 levels. Pent-up demand is likely to keep fueling hearing aid growth numbers in 2022 for both the private/commercial market and especially the VA.