The document summarizes the PHSI program which provides hearing evaluations and treatment in ophthalmology practices. Key points include that 50% of older adults have hearing loss, which is linked to depression, cognitive decline, and other issues. The program trains practices to market, screen, refer, and fit patients with hearing aids. Practices can expect to generate over $500k in net income annually with an initial investment of around $32k and minimal space needs. PHSI handles equipment, training, and ongoing support so practices have full ownership and control.

9. Dual Sensory Loss

18. What’s in it for you? Number of Tests per Day 4 Total Test/Year 1000 Conversion Rate 0.35 Patients Sold 350 Hearing Aids 665 Average Sale Price per Hearing Aid 1850 Gross Revenue $1,230,250 Refunds $123,250 Net Revenue $1,107,000 Direct Costs - COGS ($387,450) Net Revenue $719,550 Operating Expenses Consumable Expenses $5,000 Marketing Expense $10,000 Personnel & Benefits Expense $57,500 Sales Incentives - HIS $50,368 Total Operating Expenses $122,868 Net Income $596,682