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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Practice Differentiation by Reintroducing Custom Hearing Products
Practice differentiation is one of the most effective defensive methods available to the independent practitioner, and offering custom hearing aids, earmolds, and plugs is probably the one of the easiest and most effective ways to further differentiate your hearing care practice. Here’s how you can easily do this.
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Douglas Beck, AuD, Announces Retirement from Oticon
Douglas L. Beck, AuD, Vice President of Academic Sciences for Oticon, Inc, has announced he will retire in March 2022. Beck is a global presence in the world of hearing care. In more than 17 years of contributions to Oticon’s academic, clinical, and education efforts in the US and around the world, he developed into one of the hearing industry’s most in-demand speakers.
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The ACHIEVE Study, Cognition, Amplification, and Audition: An Interview with Jennifer Deal, PhD
Does untreated hearing loss exacerbate cognitive decline? Dr Jennifer Deal and her colleagues
at Johns Hopkins have been researching aspects of hearing loss and cognition, and are currently
engaged in the Aging and Cognitive Health Evaluation in Elders (ACHIEVE) study, a randomized
trial to determine efficacy of hearing intervention on reducing cognitive decline in older adults.
Eargo Launches Eargo 6 Hearing Aid
Eargo’s proprietary algorithm “identifies the user’s surroundings and instantly modifies the hearing device’s settings to ensure optimal benefit, without requiring manual input from the wearer.”
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2021 News Recap in Hearing Healthcare
A month-by-month list of some of the year’s most important news items from ‘The Hearing Review.’
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GN Hearing Acquires Online Hearing Care Provider Lively
GN Hearing has acquired a controlling interest in online hearing care provider Lively, obtaining a 91% ownership stake in the company for $94.8 million.
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