In line with the Company’s priority to regain insurance coverage of Eargo for government employees under the FEHB program, the Company is focused on enhancing its compliance and risk management processes with respect to its operations in the healthcare industry and hiring additional qualified personnel and specialized consulting resources before submitting any further claims.
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In a surprise announcement, Demant says it plans to sell its Hearing Implants business, Oticon Medical—which includes the Ponto bone-anchored and Neuro cochlear implant systems—to Cochlear Limited for a total of DKK 850 million (US$120 million). The deal is subject to regulatory approval.
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Cochlear Limited (ASX: COH) announced the promotion of Lisa Aubert, currently the Vice President of Sales for Cochlear Americas, to the role of President for Cochlear Americas on April 1, 2022. The role is responsible for the development and execution of the strategic direction for the United States and Canadian operations.
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What do the recent mergers and acquisitions (M&As) of hearing care dispensing networks mean for private practice audiologists and hearing aid specialists?
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Thomas Begley, former VP of Sales at Rayovac, passed away on April 10, 2022 at age 77. Known for his quick wit and expansive knowledge of the hearing healthcare market, Begley’s work at Rayovac headquarters in Madison, Wis, spanned over three decades.
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Livella will sell and recommend Listen Technologies’ full suite of wireless communications solutions, including the newest additions in the Listen EVERYWHERE audio over Wi-Fi line of products, to systems integrators, professional audio retailers, consultants, and customers in Kansas, Missouri, Nebraska, Iowa, and Southern Illinois.
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The American Academy of Audiology (AAA) 2022 Convention in St Louis attracted about 2,200 people for four days of excellent learning opportunies, networking, and fun. Academy leaders are urging members to become more involved in this era of rapid change.
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Why person-centered care is the answer to OTC hearing aids…and much more.
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Neuromod Devices Ltd has announced the formation of a global commercial leadership team to direct the commercialization of its Lenire tinnitus treatment device through key partnerships.
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The LW-150P-02-D Listen EVERYWHERE two-channel server has a Dante input on the rear panel. This enables “easy routing and management of Listen EVERYWHERE audio on a network via Dante Controller.
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In his new role, Marcinek will develop strategies and drive improvements that enable the Government Services and Pediatric teams to continue to provide life-changing technology and world-class services to hearing care professionals serving US veterans, active duty military service personnel, and pediatric populations, according to Oticon’s announcement.
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This marks the formation of a fourth business unit, which will ”further broaden Sonova’s attractive portfolio of products and expand its channel presence and customer base,” according to the company’s announcement.
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Q4 in the UK private market saw a slight dip in sales of 1% compared to Q3 of 2021, which had been a “record quarter,” but the market still saw an overall annual increase in sales of 130k units in 2021, compared with 2020, up by 46% and up by 20% on 2019, according to an announcement from The British Irish Hearing Instrument Manufacturers (BIHIMA).
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More than 2,000 hearing care professionals joined Oticon for the 2022 OticonNext virtual event, broadcast live from Miami on February 24.
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Under the terms of the agreement, Altaris will acquire all outstanding shares of Intricon for $24.25 per share in a transaction that values Intricon at an equity value of approximately $241 million. The purchase price represents a meaningful premium of approximately 39% to Intricon’s closing stock price on February 25, 2022.
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