InnerScope Hearing Technologies (INND) is a technology driven company with highly scalable B2B and B2C solutions. The Company offers a B2B SaaS based Patient Management System (PMS) software program, designed to improve operations and communication with patients. INND also offers a Buying Group experience for audiology practice, enabling owners to lower product costs and increase their margins. INND will also compete in the DTC (Direct-to-Consumer) markets with its own line of “Hearables”, and “Wearables” and revolutionary APPs on the iOS and Android markets.
According to a study back in 2017, in the Journal of the America Medical Association…
found that less expensive over-the-counter Personal Sound Amplification Products (PSAPs) might be a good alternative for some people.
In the study, researchers compared the effectiveness of a traditional hearing aid with five of the most common PSAPs among 63 adults, average age 72, with mild to moderate hearing loss marked by trouble hearing soft sounds from a distance (such as sitting in the back of a room at a meeting) or in a crowded environment (such as a busy restaurant).
Researchers had the two groups repeat back sentences under different background noise conditions. They found that the hearing aid group was able to repeat back 88% of words spoken to them. In comparison, four of the PSAPs helped people repeat 81% to 87% of spoken words, which was clinically equivalent. (The fifth PSAP had only a 65% success rate.) The researchers noted that for some people, a PSAP might be a low-cost option for people with situational hearing loss.
What is next for this company? Interestingly, INND has plans on opening, operating and expanding a chain of audiological and retail hearing device clinics. INND’s seasoned team of professionals, with collectively over 200+ years of experience in the hearing aid industry, including successful operations in hearing aid manufacturing and retail store management. Our team has the knowledge, relationships, and the experience to quickly deploy new products and software to serve approximately 1.2 billion people around the globe that are suffering with 25 db or greater hearing loss. For more information, please visit www.innd.com