Cochlear Named Most Trustworthy Healthcare Company in the World

Rhea-AI Summary

Cochlear (CHEOY) has been recognized as the most trustworthy healthcare company globally in Newsweek's 2024 World's Most Trustworthy Companies rankings. The assessment, conducted in partnership with Statista, evaluated companies based on customer, investor, and employee trust, gathering 269,000 evaluations from over 70,000 participants.

The global leader in implantable hearing solutions emphasizes customer-centric services through their Connected Care program, which includes rehabilitation programs, collaboration with audiologists, and access to a global community of Cochlear recipients. CEO Dig Howitt highlighted the company's commitment to customer service and support, along with initiatives focused on raising awareness about hearing loss and advocating for improved hearing care access.

Positive

• Named #1 most trustworthy healthcare company globally by Newsweek
• Strong validation from 269,000 evaluations across customer, investor, and employee trust metrics
• Comprehensive customer support infrastructure through Connected Care program

Negative

• None.

LONE TREE, Colo., March 3, 2025 /PRNewswire/ -- In celebration of World Hearing Day, Cochlear, the global leader in implantable hearing solutions, is proud to announce that it has been named the number one most trustworthy company in the healthcare industry by Newsweek in its 2024 rankings of the World's Most Trustworthy Companies. This prestigious recognition underscores Cochlear's unwavering commitment to excellence, innovation, and customer-centricity.

The Newsweek ranking was conducted independently in collaboration with global data research firm Statista and evaluated companies based on customer, investor, and employee trust. Over 70,000 participants provided 269,000 evaluations, highlighting Cochlear's exceptional reputation and dedication to improving the lives of those with hearing loss.

"At Cochlear we place a strong emphasis on customer service and support ensuring our recipients are at the heart of everything we do. Cochlear offers a comprehensive range of services to ensure that recipients of our devices receive the best possible care throughout their hearing journey. This includes rehabilitation programs through our Connected Care program, working with audiologists and hearing care professionals for continued support, and access to a global community of Cochlear recipients," Dig Howitt, Chief Executive Officer & President of Cochlear said.

"Our dedication to our mission extends beyond our products and services. Cochlear is also committed to making a positive impact on society through initiatives aimed at raising awareness about hearing loss and advocating for greater access to hearing care," Howitt continued.

"This recognition from Newsweek recognizes our commitment to making a difference to the lives of people with hearing loss."

For more information about Cochlear and its innovative hearing solutions, please visit www.cochlear.com.

About Cochlear Limited (ASX: COH) 
People have always been Cochlear's inspiration, ever since Professor Graeme Clark set out to create the first multi-channel cochlear implant after seeing his father struggle with hearing loss. Since 1981, Cochlear has helped more than 700,000 people to hear across 180 countries, helping people of all ages around the world to hear. As the global leader in implantable hearing solutions, Cochlear connects people with life's opportunities, and welcomes them to the world's largest hearing implant community.

Cochlear has a global workforce of over 5,000 people, with a passion for progress, who strive to meet the needs of people living with hearing loss. The company continually innovates to anticipate future needs, investing more than AUD$3 billion to date in research and development to push the boundaries of technology and help more people hear.

View original content to download multimedia:https://www.prnewswire.com/news-releases/cochlear-named-most-trustworthy-healthcare-company-in-the-world-302389010.html

SOURCE Cochlear North America

FAQ

What recognition did Cochlear (CHEOY) receive in Newsweek's 2024 rankings?

Cochlear was named the #1 most trustworthy company in the healthcare industry globally by Newsweek in their 2024 World's Most Trustworthy Companies rankings.

How was Cochlear's (CHEOY) trustworthiness evaluated in the 2024 Newsweek ranking?

The evaluation was conducted by Statista, collecting 269,000 evaluations from 70,000+ participants, based on customer, investor, and employee trust metrics.

What services does Cochlear (CHEOY) offer through its Connected Care program?

The Connected Care program includes rehabilitation services, ongoing support through audiologists and hearing care professionals, and access to a global Cochlear recipient community.

How does Cochlear (CHEOY) support its hearing device recipients?

Cochlear provides comprehensive care throughout recipients' hearing journey, including rehabilitation programs, professional support, and community access.