Synchrony (NYSE: SYF), a consumer financing company, announced the availability of Allegro Credit, a point-of-sale consumer financing solution for the hearing industry, on Sycle’s practice management platform.
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.
Ally's alignment with Eargo builds upon the company's legacy and expanding footprint in business-to-business-to-consumer lending.
Moving away from “bundled pricing” to a fee-for-service model can be a daunting, but increasingly necessary, challenge for many hearing care practices. Here is a brief discussion of the most important factors to consider when converting a practice to the fee-for-service model.
Read More
Increasingly, consumers would rather pay for expensive goods and services with a series of loans, so they can stick to their budget and easily see what they owe. One may be for hearing aids, another for the car, making it easy to see how much money is going out. Many of these loans are low-interest and some may even be no-interest, ultimately adding value to the hearing care practice and potentially attracting many more patients.
Read More
The rise of the global pandemic has only raised the stakes for strong web-based marketing in the realm of hearing healthcare. Online reviews, patient referrals, and physician marketing also play a large role in today’s successful independent practice.
Read More
While physicians are increasingly valuing the care and expertise of hearing care professionals, the perception surrounding hearing aids can occasionally get in the way. Here are some tips for emphasizing professional hearing care services while addressing affordability/accessibility issues to physicians.
Read More
Spreading the word about tinnitus care throughout the community can help hearing care professionals stand out from the crowd while developing a busy niche. This article looks using tinnitus remediation and financing options to help build your practice.
Read More
Many chronic health conditions are now being linked to hearing loss. Hearing care professionals can become “the hearing provider” for any future referrals of patients with hearing loss. However, some barriers, including the perception of accessibility and affordability, first need to be overcome.
Read More
Accommodating individual personality types is a perfect way to customize the patient experience. Meeting patients “where they are” references a state of mind, but in some cases it also applies to an actual physical location in the form of house calls.
Read More
How to provide your patients the opportunity to purchase important accessory items like remote mics, looping systems, and alarm/alerting devices—systems that can make a big difference in their outcomes.
Read More
Big box hearing aid sales are estimated to make up more than 14% of US sales, and OTC hearing aid regulations are now expected to be in place by at least the second quarter of 2021. Here are some tips for how to compete with and differentiate your practice against these competitors.
Read More
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.
Read More
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.”
Read More
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.
Read More
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.
Read More
Audigy announced two new additions to their marketing leadership team. Aaron Brotherton helms the team as Vice President of Marketing, and Kevin Bekker serves as Director of Digital Marketing Services.
Read More
If you own a hearing healthcare practice and intend to file an application for the Paycheck Protection Program (PPP), do it right away. That’s the advice I’ve been receiving from industry experts and banking executives in my local community.
Read More