Inventis Receives New Capital to Boost Product and Global Expansion
Inventis (http://www.inventis.it/) has signed an agreement for a share capital increase with the Innovative-RFK Spa fund, making the investment company a part of Inventis with a 30 percent stake and giving the Italian audiology equipment manufacturer new resources for expanding its product portfolio and boosting international expansion. The strategies agreed on by both parties focus on generating a steady increase in revenues and margins by accelerating penetration into markets with the greatest potential, including the United States, China, India, France, Germany, and the United Kingdom. Besides equity, Innovative-RFK Spa will provide the expertise Inventis needs in executing these strategies, mainly through Piero D'Agri, who has extensive international experience in the audiology sector and will support Inventis on its board of directors.
Oticon's Personal AI Assistant Wins Two CES Innovation Awards
Oticon's (https://www.oticon.com/) personal AI assistant Kaizn has received a 2019 CES Best of Innovation Award in the software and mobile apps category and has been named a CES Innovation Honoree in the tech for a better world category. Kaizn collects and analyzes data about an individual's hearing aid use and listening environments to learn his or her behaviors and hearing preferences. It then uses them to provide real-time hearing aid recommendations and adjustments. Kaizn communicates with hearing aid wearers at key moments to learn what they want to gain from different sound environments. For example, Kaizn will contact a hearing aid wearer when he or she enters a noisy environment, like a loud restaurant, via a push notification, to ask whether “focus” or “comfort” is preferred in the scenario and adjust the user's settings. Over time, Kaizn will adjust the user's Opn hearing aid settings automatically when they enter similar noise environments. Oticon will preview Kaizn alongside its HearingFitness app and the Oticon Opn hearing aid at CES 2019 in Las Vegas.
Phonak Introduces Real-Time Remote Fitting Technology with Microsoft
Phonak (https://www.phonak.com/us/en.html) has partnered with Microsoft to create Phonak Remote Support Service, which uses Microsoft's Azure cloud-based technology to facilitate remote fine-tuning of Phonak's Audéo Marvel hearing aids. Through the myPhonak app, Phonak hearing aid wearers can communicate by audio and video with hearing care professionals, who have special access to the unique sound environment users are struggling with. The hearing care professionals can then adjust their hearing aids in real time. The Remote Support features come packaged in the MyPhonak app, which is free to download and compatible with iOS and Android devices. Phonak Remote Support and Audéo Marvel are available in the United States, Australia, Canada, France, Germany, Switzerland, and the United Kingdom.
CareCredit and MGMA Tackle Rising Medical Costs
CareCredit (https://www.carecredit.com/) has partnered with Medical Group Management Association (MGMA) to recognize the evolving role of the patient as a payer and the challenges providers face in managing their revenue cycle and helping patients pay for care. With CareCredit, members of MGMA, which represents more than 45,000 medical practice administrators, executives, and leaders across the country, can access a payment system that guarantees payment to providers in two business days with no recourse to the practice if the patient delays or defaults on payment. A key component of the partnership is sharing CareCredit's expertise in consumer health care payments with MGMA members. For example, CareCredit's proprietary research on generational trends in health care consumption was presented at this year's MGMA Annual Conference. Besides MGMA, CareCredit has also established relationships with the American Dental Association, the American Society of Plastic Surgeons, and the American Osteopathic Information Association.
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