ADA and IntriCon Create earVenture to Deliver Value Beyond the Device for Audiologists and Patients

Contact: Cody Jones
cjones@audiologist.org


Lexington, KY and Arden Hills, MN  - The Academy of Doctors of Audiology (ADA) and IntriCon Corporation, today, announce the launch of earVenture, LLC, a company they co-founded to deliver hearing instruments and educational resources that offer unprecedented value for audiologists and their patients.
 
In an era when price-sensitive consumers are often forced to choose between unregulated, over-the-counter devices to treat their hearing loss, or nothing at all, earVenture is pleased to introduce FDA-registered alternatives that are both exceptionally simple and simply exceptional.
 
“ADA is delighted to partner with IntriCon to bring earVenture and its products to audiologists and their patients,” said ADA President Kim Cavitt, Au.D. “Direct-to-consumer sales of unregulated personal sound amplification products (PSAPs) and hearing aids pose documented risks that run contrary to evidence-based clinical and industry practices. earVenture offers high quality hearing instruments at unbundled prices, so audiologists can deliver the model of care of their choosing and focus on the services that provide better patient outcomes at every price point.”
 
Initial earVenture product offerings include reVel and faVor, which embody streamlined performance and value that will help audiologists compete in any market and serve underserved or never-served populations.  
 
“IntriCon is excited to partner with the ADA to form earVenture—a testament to each organization’s strong commitment to provide audiologists access to high-quality hearing instruments and education resources at attractive price points,” said Mark Gorder, President and Chief Executive Officer of IntriCon.  “IntriCon’s long-standing design and development strategy focuses on hearing aid platforms driven by outcome-based features. This philosophy has enabled us to offer technically advanced products to independent audiologists at price points significantly lower than competing devices. Coupled with best practices, we believe this model will help audiologists compete in today’s marketplace.”
 
ADA member audiologists may pre-order earVenture hearing instruments through September 22nd at www.earventure.net (while supplies last). Non-ADA member providers may register and order beginning September 23rd. A portion of the profits from each earVenture hearing aid will be used to support ADA advocacy initiatives that advance best practices and the audiology profession.
 
 
About earVenture
earVenture was founded in 2015 to deliver innovative resources and technology to audiologists, so that they can deliver exceptional value to their patients.
 
Our unique business model was developed by IntriCon, a globally recognized leader in the manufacture of high-quality, hearing instruments and components and the Academy of Doctors of Audiology (ADA), the leading national organization dedicated to autonomy and best clinical and business practices in audiology. earVenture recognizes the critical role that audiologists play in helping people to hear better. For this reason, earVenture does not advertise to consumers, nor does it allow its products to be sold over the counter or directly to consumers.
 
To discover value beyond the device, visit www.earventure.net.
 
About Academy of Doctors of Audiology
The Academy of Doctors of Audiology is a national membership association focused on ownership of the audiology profession through autonomous practice and clinical excellence. ADA is dedicated to the advancement of practitioner excellence, high ethical standards, professional autonomy and sound business practices in the provision of quality audiologic care.  ADA offers programming and support to those audiologists and students who are or who desire to be independent practitioners in whatever setting they choose to practice. For more information about ADA, visit www.audiologist.org.
 
About IntriCon Corporation
Headquartered in Arden Hills, Minn., IntriCon Corporation designs, develops, manufactures and distributes miniature and micro-miniature body-worn devices. The company is focused on three key markets: medical, hearing health, and professional audio communications. IntriCon has facilities in the United States, Asia and Europe. The company’s common stock trades under the symbol “IIN” on the NASDAQ Global Market. For more information about IntriCon, visit www.intricon.com.