Eargo reported that net revenue was $18.2 million for the third quarter of 2020, compared to $7.7 million in the third quarter of 2019. The company says the increase was driven by an increase in consumer adoption of the Eargo hearing aid system and a decrease in sales return accrual rate.
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As part of the ReSound Gives Sound campaign, each participating practice can nominate people to receive a set of ReSound ONE hearing aids free of charge
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Akoio was founded to improve products and services for people with hearing loss, “helping them to overcome the frustrations and challenges they encounter when managing their hearing.”
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As Vice President of North American Sales, Terie Olson will offer “expert guidance to help hearing providers become an even more integral piece of the broader healthcare landscape.”
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In his new role, Horowitz will be responsible for developing sales strategies, driving improvements, and implementing best practices to deliver quality support and services to Oticon’s professional partners.
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Whisper may have a quiet name, but it could reverberate loudly in the hearing healthcare industry. Launched by an impressive group of AI, Silicon Valley, and hearing care executives, Whisper features an external brain for the dedicated processing of sound, a subscription-based system, and regular software-based upgrades for consumers.
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Arizona Attorney General Mark Brnovich has issued an announcement on his website cautioning consumers to watch out for “misleading sales tactics from companies selling over-the-counter hearing amplifiers.” Over the past year, the Attorney General’s Office (AGO) said it has received approximately 140 complaints about over-the-counter hearing aids.
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Younger generations are moving away from just using a credit card and instead opting for a line of credit specifically for healthcare or retail purchases. Utilizing patient financing in your hearing care office is a great way to get ahead of these buying preferences.
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Partnerships between lenders and hearing care professionals can ensure that proper information is relayed to consumers with specific loan possibilities, such as low-interest loans that can work over 24, 36, 48, or 60 months. “Successful hearing care providers understand how to position financing as the ability to move forward with an improved quality of life,” says Chris Klemick of Ally Lending, “which is being able to hear well on a daily basis.”
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Q2 shows the impact of the effects of the lockdown in the private sector and the scaling back of the NHS audiology service during lockdown, with an 85% reduction in sales in the UK in Q2 compared to Q1, according to BIHIMA’s report.
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Phonak’s new Audéo Paradise hearing aid is designed to provide the next level of excellent sound quality through its new PRISM sound processing chip that features double the memory of Phonak’s previous chip, universal connectivity options with Tap Control, a new fitting formula for better first fits, reduced reverberation, greater dynamic range, and new Motion Sensor Hearing technology.
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“The meeting of two personalities is like contact of two chemical substances: If there is a reaction, both are transformed,” said Carl Jung. Here is a look at how various personality styles and preferences—of both patients and clinicians—can be appreciated and accounted for through proven methods during the hearing rehabilitiative process.
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Under the terms of the agreement, Otonomy will make an upfront payment to Kyorin as well as success-based milestone payments and royalties on worldwide net sales of a product containing the patent-protected compound.
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This clinical study by John Pumford, AuD, and Gus Mueller, PhD, examines the new autoREMfit application of Audioscan VerifitLINK as integrated into Signia Connexx hearing aid fitting software. The results reveal good fit-to-target accuracy (RMSE ~2 dB; 65 dB SPL input) for two different audiograms and coupling systems. Test-retest reliability was excellent with values no greater than 1 dB at any frequency. Clinical benefits of this autoREMfit collaboration are discussed.
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OTC and DTC hearing devices will not be confined only to the United States; they are destined to influence hearing care globally. This Delphi survey systematically identifies perceptions among hearing care professionals in the UK toward new and emerging technologies and delivery options for adults with hearing loss.
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