This study examined the speech intelligibility of one-syllable words with phonetic contrasts and analyzed segmental factors that can predict the overall speech intelligibility in hearing-impaired adults. To identify the speech error characteristics, a Korean word list was audio-recorded by 7 hearing-impaired adults, and 35 listeners selected the heard word out of 5 choices. Based in part on previous studies of speech of the hearing impaired, the word list consisted of monosyllabic consonant-vowel-consonant (CVC) real word pairs. Stimulus words included 77 phonetic contrast pairs. The results showed that the percentage of errors in final position (coda) contrast was higher than in any other position in syllable. And the intelligibility deficit factors of phonetic contrast in the hearing-impaired were analyzed through stepwise regression analysis. The overall intelligibility was predicted by the error rate of manner contrast at coda, voicing contrast (homorganic triplets) at onset and high-low contrast at nucleus.