Highmark is in talks to buy out hearing professional organizations
A consulting firm is in negotiations to buy the highmark hearing professional organization, according to a report by The Daily Caller News Foundation.
The report also claims that the company has a $50 million investment in highmark, which is the largest professional hearing organization in the country.
The highmark company is the parent company of the professional hearing organizations of the nation’s professional groups.
Highmark has invested more than $500 million in professional groups since 2006, according the Daily Caller.
Highmarks investments have included buying the American Association of Audiology and the American Society of Speech-Language Pathologists, as well as the National Association of Head Teachers and the National Academy of Engineering.
The Daily Call reported that Highmark would not comment on the report.
Highmark has been a leading voice in the pro-audiology movement since its inception in 2002.
Highmarch and others have used their expertise to advocate for hearing professionals, especially for those in the professional fields of speech and communication.
They have lobbied the U.S. House of Representatives and Senate to repeal the Federal Trade Commission’s (FTC) anti-trust regulations that protect the professional associations, and they have pushed for new hearing protection legislation.
The American Academy of Audioscopes and the Associated American Society for Hearing Research are among the most active pro-Audiology organizations.
Highmarch’s chairman and CEO, Joe O’Donnell, was formerly president of the National Center for Hearing Education.
O’Connell, a professor of speech pathology at the University of Pennsylvania, was previously director of the American Academy for Audiology.
Highmount was formerly an executive vice president of Audiobiology, Inc., a non-profit that has a strong track record of public policy work.
In addition to the report, The Daily Beast published a story on Wednesday in which it revealed that the Trump administration is considering revoking the certification of the highmount hearing professional associations.
In February, the Trump Administration announced that the American Bar Association had decided to revoke the certification due to the group’s advocacy of mandatory credentialing of all public school teachers.
The Bar Association, which represents nearly 4 million members, is scheduled to vote on revoking certification of all bar members on March 9, 2018.