Audiology, a branch of science dedicated to studying and remediating hearing issues, gained prevalence in 1946 after the close of World War II. The need for audiologists was borne out of the necessity to diagnose and treat the overwhelming number of GIs that returned from the war with hearing problems. In the modern era, audiology has blossomed into an interdisciplinary field that studies and treats all manner of syndromes related to hearing loss and inner ear balance from birth to old age, such as misophonia, tinnitus, hyperacusis, and auditory processing disorders. After administering a battery of electrophysiologic tests that determine where in the ear canal the hearing damage has occurred along with its severity, an audiologist could prescribe a medical intervention, such as a hearing aid or some other type of cochlear implant.
An audiology practice represents the confluence of the scientific exploration of hearing disorders, patient care and entrepreneurship. Start-up costs vary widely, however, there are commonalities in the need for a practice space, audiometric equipment and a soundproof booth. Insurance costs will have to be considered, as well as inventory if you plan on augmenting your practice with the sales of hearing aids or cochlear implants. You will also need reserve cash until your audiology business becomes profitable. If you work outside the hospital or HMO setting, you will have to start from the ground up when it comes to establishing a patient base, so the location of your practice becomes doubly important. Implementation of an EHR (electronic health record) or EMR (electronic medical record) system will be a necessary aspect to your audiology practice as EHR’s will provide a platform for you to manage patient records in an organized manner. If covered by insurance, an audiologist may bill medical insurance directly through the EHR or EMR. Out of pocket or leftover audiologist payments can be handled by patients by cash check, credit card or debit card.
Payment Integrator can seamlessly integrate with new or existing practice management software (EHRs, EMRs) to post payments directly to patient files. With our integration, audiologist payments can be made by patients in a text-to-pay, email-to-pay, tap-to-pay, dip-to-pay or swipe-to-pay environment. All of our payment acceptance methods are secure, P2PE, tokenized and PCI-compliant. We accept all major credit card and debit card brands and enable the use of e-wallets such as Apple Pay and Google Pay.
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