M&As, the Blended Care Model, and Teleaudiology
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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HR Podcast: Update from Hearing Loss Association of America Executive Director Barbara Kelley
The HLAA has been busy working with the FDA, FTC, FCC, HHS, NIDCD, CTA, and the various professional and industry groups in hearing healthcare on virtually everything related to hearing and access issues.
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AAA 2022 Convention: Audiology on the Threshold of Change
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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Nuheara Submits 510(k) for FDA Clearance of Hearing Aids
Nuheara Limited (ASX:NUH) (Company or Nuheara) announced that it has taken the final step in its plans to secure US Food and Drug Administration (FDA) clearance for its self-fitting hearing aid by providing its 510(k) submission to the FDA.
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How to Transition Your Practice to Person-centered Care
Why person-centered care is the answer to OTC hearing aids…and much more.
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Signia to Showcase AX Hearing Aids at JDVAC 2022
Specific Signia hearing aids that will be spotlighted at the show include the Signia Insio Charge&Go AX, the “world’s first custom hearing aid with contactless charging and streaming to iOS and Android,” and Signia Pure Charge&Go T AX, the company’s “smallest receiver-in-canal hearing aid to date” that comes standard with telecoil.
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WS Audiology Postpones Plans for Hear.com IPO
WS Audiology, the parent company of Signia and Widex, has postponed its plans to submit its subsidiary, Hear.com, for an IPO “due to current challenging equity market conditions.”
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Hearing Care M&As Heat Up Again
Mergers and acquisitions came back strong in 2021 after the pandemic, and M&As have started strong in 2022.
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Intricon to Be Purchased by Altaris Capital Partners for $241 Million
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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A 10-Year Review of the Earlens System, Part 3: What’s the Big Deal about Audibility and Broader Audible Bandwidth?
This 3-part series is a high-level review of the data that has accumulated across more than 10 years of clinical research with the technology at the heart of the Earlens system. In Part 1, we dove into the speech understanding data to demonstrate how increasing the audible bandwidth of processed sound results in improved speech understanding performance from several perspectives. In Part 2, we discussed the perceptual benefits to naturalness and overall sound quality. Finally, in Part 3, we’ll deep dive into the restoration of audibility and how the Earlens approach to overall audibility improvement is reliably achieved in fittings via direct drive—as well as who may benefit from this.
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Beltone to Carry Jabra Enhance Plus Starting Feb 25
Beltone announced the upcoming availability of the Jabra Enhance Plus earbuds that will bring “hearing enhancement in a sleek design to help address the hearing needs of those with mild-to-moderate hearing loss” starting February 25 at select Beltone Hearing Care Centers nationwide.
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Beltone Launches Imagine BTE Hearing Aids
This latest innovation offers “powerful hearing aids that provide clarity in sound and convenient hands-free phone and FaceTime calls from iPhone and iPad,” according to the company.
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GN Launches Jabra Enhance Plus Earbuds
GN announced availability of the “first-of-its-kind innovative Jabra Enhance Plus earbuds engineered for hearing enhancement” in the US on February 25.
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Starkey Releases Statement Addressing Biden’s Competition Council Announcement
A statement from Starkey President Brandon Sawalich addresses President Biden’s announcement about the White House Competition Council, which was established by the July 2021 Promoting Competition in the American Economy executive order advancing US economic competition.
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Hearing Aid Sales Increase by 37% in 2021
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.
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