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The start of the school year often inspires a “Fall refresh,” encouraging professionals to embrace new learning, reconsider established methods, and explore fresh approaches.
Tag: financing hearing aids
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Paying for Hearing Aids: Get the Elephant Out of the Room
Talking about the cost of a hearing aid is probably the most difficult aspect of the job for many hearing care professionals. However, once the elephant is out of the room, there is space for education, diagnostics, and relaying the real value of hearing care.
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Increasing Hearing Aid Adoption Rates
In this short interview, Amyn Amlani, PhD, explains why hearing aid sales have been growing, and offers his perspectives on how OTC hearing aids and potential changes in Medicare could change adoption rates.
Marketing Your Practice’s Hearing Aid Financing Options to Drive Growth
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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Answering Patients’ Questions About Hearing Aid Costs—and Providing Solutions
With the abundance of online and Big Box offerings, questions about the price of hearing aids are more pointed than ever. Here is a look at how some hearing care professionals are dealing with this issue.
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Ally Financial: Making Hearing Care More Accessible During the COVID-19 Pandemic
Healthcare providers are increasingly urging people not to delay preventative and other necessary care because of the pandemic, and hearing care is no exception. In these uncertain times, hearing aid financing helps remove the obstacle of cost—and prioritize health and well-being.
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Cash-Flow in Hard Times: Managing a Practice Through Covid-19 and Other Disasters
Managing a hearing care practice has never been more challenging than during the Covid-19 pandemic. Practice management expert and industry veteran Dan Quall, MS, provides tips for managing cash-flow, revenue generation and patient care, and how to prepare your practice for emerging from this crisis stronger than ever.
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Health Credit Services Offers Customized Healthcare Financing Options
HCS is the #3 Elective Healthcare Financing Partner and supports the nation’s top providers in audiology, cosmetic, fertility, and dental segments.
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‘Insights from the Outside’ for ‘Doctorpreneurs’ Offered by CareCredit
To facilitate the sharing of insights, ideas, and best practices, CareCredit has created ‘Insights from the Outside’, a panel of “doctorpreneurs” from across many healthcare specialties, including audiology, dentistry, veterinary medicine, ophthalmology, and optometry. CareCredit will also be leading a panel discussion at the 2018 ADA Convention in Orlando.
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Sycle Partners with BoonFi to Offer Hearing-Aid Financing
BoonFi pre-qualification is a soft credit check that does not affect the applicant’s credit scores and provides instant pre-qualification decisions.
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CareCredit Celebrates 30th Anniversary with Sweepstakes
CareCredit is celebrating its 30th anniversary with a Sweepstakes for cardholders. The CareCredit credit card is a flexible payment option available at more than 200,000 locations across the United States, including hearing health, veterinary, cosmetic, dental and vision practices. With nearly $70 billion of care financed since 1987, CareCredit has helped millions of people in the past 30 years.
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Eargo Raises $25M in Series B Funding for In-ear Hearing Aid
Silicon Valley-based Eargo has announced that it has raised $25M in Series B funding. This financing was led by NEA, a venture capital firm with expertise in technology and healthcare. The new funds allow Eargo to scale business operations and accelerate production of its hearing products.
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Self-Funding 101 for Private Practice Owners
Self-financing a private practice may produce fast results, but our tax laws create a number of obstacles that must be overcome to avoid penalties and higher tax bills. This article presents options for consideration before pursuing self-funding.
Read More10 Tips for Hearing Aid Financing
Is a solid financing option consistently being presented? This article is dedicated to resolving these concerns and offering a “Top-10 Best Practices List” related to the topic of hearing aid financing.
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New Financing Services from Audiology Systems Announced
New financing options from Horizon Keystone Financial and Audiology Systems are designed to make equipment purchases more manageable. According to HKF, this year up to $25,000 worth of financed equipment purchases will qualify for a 100% tax deduction; those who are included in the IRS’s 35% tax bracket can save up to $8750.
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Patient Finance as an Option to Increase Sales in Your Practice
Cost is frequently the deterrent for many people who know that they need hearing aids. Offering a solid 3rd-party finance partner could be the catalyst in helping people hear better with a payment plan that they can afford.
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