Anyone with experience in hearing aid dispensaries / clinics ?

searcher profile

September 29, 2022

by a searcher from University of Pennsylvania - The Wharton School in Philadelphia, PA, USA

Hi,

Looking to connect with community members that have experience with hearing aid dispensaries, audiology clinics, hearing aid manufacturers, and anyone who knows about/ has clinics for sale.

Gil

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commentor profile
Reply by a searcher
from University of Colorado at Boulder in Camas, WA, USA
OTC hearing aids are typically the "reading glasses" of the optometry space. Audiologists (the good ones anyways) typically fit wearers with more advanced hearing aids that correspond to their lifestyles, technology needs and requirements for power. The pricing is usually pretty high for the initial fit but those fees many times cover subsequent visits, tuning and some repairs. I've been with a group in Colorado for over 20 years and during that time I haven't always lived in Colorado. It's a special relationship that I've not seen with other healthcare fields. Happy to chat further or provide contacts in the space.
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Reply by a professional
from Oregon State University in Kuna, ID, USA
^redacted‌- I found 15 hearing aid retailers in DealStats using NAICS code###-###-#### The median EBITDA multiple is 2.5x. I only found a couple audiology clinics in our healthcare vertical and just one manufacturer. Feel free to message me if there is anything else I can do to help. ‌
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