AUDNET Hearing Group
AUDNET Hearing Group is a member-owned group purchasing organization serving independent U.S. audiology practices, formed by the 2019 merger of AuDNet, Inc. and Marcon Hearing Group to negotiate volume pricing, provide discounted business support tools, and promote professional hearing care nationally.
- Company typePrivate
- Founded2018
- HeadquartersHopkins, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What AUDNET Hearing Group does
AUDNET Hearing Group (AHG) is a member-owned group purchasing organization (GPO) serving independent audiology and hearing care practices across the United States. Formed in 2019 through the merger of AuDNet, Inc. (founded 2002 by David Smriga) and Marcon Hearing Group (led by President Dale Thorstad since 2002), the Hopkins, Minnesota–based company aggregates the collective buying power of independent practices to negotiate volume-based pricing, favorable warranty terms, and single-source billing arrangements with hearing aid manufacturers. Its stated mission is to counter the unequal cost-of-goods burden that independent practices face relative to large retail chains, big-box retailers, and consumer-electronics OTC entrants.
AHG delivers its value through three service pillars: (1) competitive cost-of-goods management via consolidated procurement; (2) discounted access to business support tools — including office management software (30% off), staff training, marketing support, and billing/coding consulting — delivered through vendor partnerships; and (3) strategic consumer messaging through a corporately driven national social media presence and member conferences that promote the value of professional hearing care against OTC alternatives. Members also receive ownership opportunities in AHG and a voice in the group's direction and investments.
AHG generates revenue through recurring membership fees on a subscription model, with pricing that is quote-based and not publicly disclosed. GTM is primarily enterprise field sales combined with channel-partner relationships, targeting mid-market independent practices via direct outreach and a Wufoo-based enrollment process. Leadership comprises clinical and industry veterans (CEO Gregory Frazer, Au.D., Ph.D.; President Dale Thorstad; VP Corporate Communications David Smriga; Vice Chair Adam DiPuccio; COO Grant Smith). The company does not operate any disclosed technology products or software platforms, and currently employs 1–10 people.
AUDNET Hearing Group firmographics
Firmographics- Name
- AUDNET Hearing Group
- Legal name
- Audnet Hearing Group
- Website
- https://audnethg.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- AUDNET Hearing Group is a member-owned group purchasing organization serving independent U.S. audiology practices, formed by the 2019 merger of AuDNet, Inc. and Marcon Hearing Group to negotiate volume pricing, provide discounted business support tools, and promote professional hearing care nationally.
- Ownership category
- akta.pro rank
AUDNET Hearing Group industry classification
Industry- Product category
- Hearing Healthcare Group Purchasing Services
- NAICS
- Offices of Physical, Occupational and Speech Therapists, and Audiologists (621340)
- SIC
- Services-Membership Organizations (8600)
- akta.pro primary industry
- Audiology & Hearing Diagnostic Centers (HLAFAKAH)
- akta.pro secondary industry
- Hospital Shared Services, GPOs & System Support Organizations (HLAFAAAO)
Keywords
Where AUDNET Hearing Group is headquartered
LocationHeadquarters
- HQ city
- Hopkins
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
AUDNET Hearing Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Group Purchasing Membership Fees: AUDNET Hearing Group generates revenue by representing independent hearing care practices as a unified purchasing entity to secure favorable product costs from manufacturers. The organization negotiates volume-based pricing and discount programs that benefit member practices, with revenue derived from the collective buying power and membership structure.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Membership-based access to group purchasing benefits |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels5 records
AUDNET Hearing Group product offering
Product offeringCore offering
AUDNET Hearing Group operates as a group purchasing organization (GPO) for the hearing healthcare industry, formed by the merger of AuDNet, Inc. and Marcon Hearing Group. It combines the buying power of multiple national GPO entities to negotiate competitive product costs, warranties, and volume-based pricing with hearing aid manufacturers on behalf of independent audiology practice members. Beyond procurement, it offers members discounted access to business support tools (office management software, staff training, marketing, billing consulting) and coordinates nationwide consumer messaging to promote professional hearing care.
Product overview
AUDNET Hearing Group is a group purchasing organization (not a software product company) formed by the merger of AuDNet, Inc. and Marcon Hearing Group. The organization provides a membership-based platform offering three core service areas: (1) Competitive Cost of Goods Management — access to discounted hearing aids and related products from manufacturers through collective buying power; (2) Unique Business Support Tools — discounted access to office management software, staff training, marketing support, and billing/coding consulting services; and (3) Strategic Consumer Messaging — nationally coordinated social media presence and patient care metrics tools to promote professional hearing care value. No distinct branded software products or modules were identified.
Differentiator
Problem solved
Functional benefit
Products and services
- Group Purchasing Membership (Competitive Cost of Goods)
- Business Support Tools Suite
- Strategic Consumer Messaging Program
- Member Conferences and Webinars
Quantifiable outcome
- Office Management software at 30% off for members
- +1 more outcomes
Companies that use AUDNET Hearing Group
Customer profileNamed customers1 record
Segments1 record
Ideal customer profiles1 record
AUDNET Hearing Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
AUDNET Hearing Group partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- Business Support Vendor PartnerscoreUnique to AUDNET Hearing Group is the ability to offer members discount access to a variety of business support resources and tools through partnerships with top companies that are experts in key support areas. These partnerships provide office management software, training certification, marketing support, and billing consulting without markup on products to pay for services.
- Better Hearing InstituteminorPresident Dale Thorstad has served on the board of the Better Hearing Institute for nine years, contributing to industry advocacy and research initiatives.
- National Board Certification in Hearing Instrument Sciences (NBC-HIS)minorPresident Dale Thorstad has served on the board of NBC-HIS and presently serves as chair of the NBC-HIS exam and writing committee, contributing to professional standards in the hearing instrument industry.
Scale indicators3 records
Recent moves7 records
Expansion highlights5 records
AUDNET Hearing Group competitors and assessment
Company assessmentDirect peers
- Audigy Group: Audigy Group is a practice management and growth services company serving independent audiology and hearing care practices across the U.S. It is directly comparable to AUDNET because both target the same buyer (independent practice owners) with bundled services spanning vendor access, business tools, and marketing support.
- Amplify Hearing Network: Amplify Hearing Network is an audiology-focused buying and services network for independent practices, providing aggregated purchasing power and shared practice resources. It competes directly with AUDNET for the same independent audiologist member base.
Broad incumbents
- HealthTrust: HealthTrust is a large-scale healthcare GPO serving hospitals, health systems, and ambulatory providers with contract portfolio management and supply chain services. It is broadly comparable as a healthcare GPO model, though it operates at vastly larger scale and outside the audiology niche.
- Premier Inc. Premier is one of the largest U.S. healthcare GPOs and performance improvement companies, aggregating purchasing volume across hospitals and non-acute facilities. It represents the broad-incumbent reference point for the GPO business model AUDNET operates at audiology-specialist scale.
- Vizient: Vizient is a major healthcare performance and GPO company serving academic medical centers, hospitals, and ambulatory providers. It is comparable to AUDNET in core GPO mechanics (volume contracting, advisory services) but operates at much larger scale across broader provider categories.
Emerging players
- Connect Hearing (Sonova): Connect Hearing is the retail clinic network of Sonova, the manufacturer of Phonak hearing aids. While vertically integrated and not a GPO, it competes for the same patient flow and purchasing decisions as AUDNET's member practices, making it a relevant counter-positioning reference.
Others
- AudiologyPlus: AudiologyPlus is the digital platform identified on AUDNET's website footer as powering its online presence and member engagement. As a technology vendor serving audiology practices, it is an adjacent enabling partner rather than a direct competitor.
- Audioscan: Audioscan is a premier manufacturer of real-ear measurement and electroacoustic analysis systems for hearing aid fitting. AUDNET's VP David Smriga serves as Senior Audiology Consultant to Audioscan, making it a strategic vendor ecosystem partner rather than a competing GPO.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
AUDNET Hearing Group social profiles
Digital presenceAUDNET Hearing Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
AUDNET Hearing Group leadership team
Management profileNumber of profiles
Profiles5 records
AUDNET Hearing Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
AUDNET Hearing Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about AUDNET Hearing Group
What does AUDNET Hearing Group do?
AUDNET Hearing Group operates as a group purchasing organization (GPO) for the hearing healthcare industry, formed by the merger of AuDNet, Inc. and Marcon Hearing Group. It combines the buying power of multiple national GPO entities to negotiate competitive product costs, warranties, and volume-based pricing with hearing aid manufacturers on behalf of independent audiology practice members. Beyond procurement, it offers members discounted access to business support tools (office management software, staff training, marketing, billing consulting) and coordinates nationwide consumer messaging to promote professional hearing care.
Is AUDNET Hearing Group a public or private company?
AUDNET Hearing Group is a private company. It is classified as management employee owned and is currently operating.
When was AUDNET Hearing Group founded?
AUDNET Hearing Group was founded in 2018. It employs 1 to 10 people.
Where is AUDNET Hearing Group based?
AUDNET Hearing Group is headquartered in Hopkins, United States, in the North America region.
How does AUDNET Hearing Group make money?
One revenue line is on record: group Purchasing Membership Fees.
Who are AUDNET Hearing Group's main competitors?
Direct peers on record are Audigy Group and Amplify Hearing Network. Broad incumbents are HealthTrust, Premier Inc. and Vizient. Connect Hearing (Sonova) is listed as an emerging player. Others are AudiologyPlus and Audioscan.
Does AUDNET Hearing Group have an API?
No public API is recorded for AUDNET Hearing Group.
What industry is AUDNET Hearing Group in?
AUDNET Hearing Group's product category is Hearing Healthcare Group Purchasing Services. Its primary akta.pro industry code is HLAFAKAH, Audiology & Hearing Diagnostic Centers, with a secondary code of HLAFAAAO, Hospital Shared Services, GPOs & System Support Organizations. Its NAICS code is 621340 and its SIC code is 8600.