OrthoIndy
OrthoIndy is a physician-owned orthopedic platform in Indianapolis operating 3 hospitals, 11 clinics, and 5 urgent care sites across Central Indiana, delivering comprehensive bone, joint, spine, and muscle care to individual patients, workers' compensation cases, and Anthem HealthSync members.
- Company typePrivate
- Founded2005
- HeadquartersIndianapolis, United States
- Headcount1,001–5,000
- GTM typeB2C
- OfferingServices
What OrthoIndy does
OrthoIndy is a physician-owned orthopedic care platform headquartered in Indianapolis, Indiana, operating the largest private full-service orthopedic practice in the Midwest. The organization combines a multi-site specialty hospital system (3 facilities), 11 outpatient clinics, and 5 urgent care locations across Central Indiana, delivering the full orthopedic continuum from walk-in injury triage through inpatient joint replacement and spinal surgery. Over 100 orthopedic specialists cover the complete subspecialty range, including trauma, sports medicine, joint replacement, spine surgery, pediatric orthopedics, hand and shoulder, and one of only 127 bone oncologists in the United States.
The technology stack centers on a clinical care delivery platform rather than a software product: state-of-the-art diagnostic imaging including the only EOS Edge ultra low-dose radiation system in Indiana, spine robotics for minimally invasive surgery, electronic medical records via Athenahealth, and Datavant for medical records management. In October 2025, OrthoIndy deployed AI-assisted phone scheduling as the first local orthopedic group to offer 24/7 AI-driven appointment booking. Revenue is generated through professional services billed to patients and insurance providers across clinical visits, inpatient and outpatient surgery, imaging, and physical and occupational therapy, with insurance-based pricing and a published financial assistance policy. A pending merger with Indiana Hand to Shoulder Center (expected H1 2025) will create a combined operation of over 100 physicians and 1,200 employees across 22 locations, and participation in Anthem's HealthSync Designated Orthopedic Network positions the company in value-based contracting at up to 50% lower cost than market alternatives.
OrthoIndy firmographics
Firmographics- Name
- OrthoIndy
- Legal name
- OrthoIndy
- Website
- https://orthoindy.com
- Company type
- Private
- Founded year
- 2005
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- OrthoIndy is a physician-owned orthopedic platform in Indianapolis operating 3 hospitals, 11 clinics, and 5 urgent care sites across Central Indiana, delivering comprehensive bone, joint, spine, and muscle care to individual patients, workers' compensation cases, and Anthem HealthSync members.
- Ownership category
- akta.pro rank
OrthoIndy industry classification
Industry- Product category
- Orthopedic Healthcare Services
- NAICS
- Specialty (except Psychiatric and Substance Abuse) Hospitals (62231), Ambulatory Health Care Services (621), Offices of Physical, Occupational and Speech Therapists, and Audiologists (621340)
- SIC
- Services-General Medical & Surgical Hospitals, Nec (8062), Services-Offices & Clinics Of Doctors Of Medicine (8011)
- akta.pro primary industry
- Orthopedic & Spine Specialty Hospitals (HLAFAHAB)
Keywords
Where OrthoIndy is headquartered
LocationHeadquarters
- HQ city
- Indianapolis
- HQ country
- United States
- HQ region
- North America
Offices12 records
Markets served
OrthoIndy business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Supply Chain
Revenue model
- Clinical Services Revenue: OrthoIndy generates revenue through providing orthopedic clinical services, surgical procedures, imaging, physical therapy, and urgent care at their facilities. Services are billed to insurance providers and patients.
- Hospital Services: Revenue from inpatient and outpatient orthopedic surgical procedures at OrthoIndy Hospital facilities including total joint replacements and spinal operations.
- Diagnostic Imaging Services: X-ray, MRI, CT scans, and EOS imaging services billed to patients and insurance providers.
- Physical and Occupational Therapy: Outpatient and inpatient physical therapy and occupational therapy services provided across multiple locations.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Insurance-based pricing with financial assistance available |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels5 records
OrthoIndy product offering
Product offeringCore offering
OrthoIndy is a physician-owned orthopedic practice and specialty hospital providing comprehensive bone, joint, spine, and muscle care across Central Indiana. Its offering spans inpatient and outpatient surgical procedures at three hospital facilities, 11 outpatient clinic locations, walk-in urgent care for musculoskeletal injuries, diagnostic imaging (including the only EOS Edge ultra low-dose system in Indiana), and physical and occupational therapy, supported by AI-assisted scheduling and an Athenahealth-powered patient portal.
Product overview
OrthoIndy is a comprehensive orthopedic care organization operating as a platform-plus-multiple-service-lines model. The core offering consists of OrthoIndy Hospital (physician-owned specialty hospital with four facilities providing inpatient and outpatient surgical care) and OrthoIndy Clinics (11 outpatient locations across Central Indiana). These are supported by integrated service modules including Imaging Services (X-ray, MRI, CT, EOS Edge), Physical and Occupational Therapy, Urgent Care, Preoperative Clinic, Patient Portal (Athenahealth-powered), EMG/NCS Testing, XIAFLEX Treatment, Orthobiologics, Bone Oncology, Workers Compensation Services, and AI-Assisted Phone Scheduling. The company serves Indianapolis and the broader Midwest region.
Differentiator
Problem solved
Functional benefit
Products and services
- OrthoIndy Hospital Physician-owned orthopedic hospital providing inpatient and outpatient surgical care, including total joint replacements (hip and knee), spinal operations, and complex orthopedic procedures. Operates three facilities: Hospital Northwest (Indianapolis), Hospital South (Greenwood), and Hospital West (Brownsburg).
- OrthoIndy Clinics Outpatient orthopedic clinics providing non-operative care, initial consultations, follow-up appointments, and minor procedures across 11 locations in Central Indiana including Carmel, Indianapolis, Fishers, Greenwood, Brownsburg, Center Grove, Greencastle, Lafayette, and Westfield.
- Urgent Care Walk-in orthopedic urgent care clinics for recent injuries, sprains, and broken bones, open 7 days a week at multiple locations including Brownsburg, Fishers, Greenwood, Northwest, and Westfield.
- Imaging Services Diagnostic imaging including X-ray, MRI, CT scans, ultrasound, and EOS Edge ultra low-dose radiation imaging (the only EOS Edge in Indiana, offering 50-85% less radiation than traditional X-rays and 98% reduction with EOS Micro Dose). Services available at multiple OrthoIndy locations.
- Physical and Occupational Therapy Rehabilitation services including outpatient physical therapy, occupational therapy for upper extremity injuries, inpatient therapy, dry needling, and blood flow restriction training. Available at seven locations with specialized equipment including AlterG Anti-Gravity Treadmill.
- Preoperative Clinic Pre-surgical medical evaluation clinic staffed by internal medicine physicians to assess and reduce surgical risks including blood clots, heart attack, stroke, and infection. Located at Northwest and Greenwood facilities.
- Workers Compensation Services Specialized orthopedic care and scheduling services for work-related injuries, with dedicated workers' compensation representatives and streamlined referral processes for employers and insurance providers.
- Orthopedic Oncology Specialized orthopedic oncology services for bone tumors and soft tissue oncology, provided by one of only 127 bone oncologists practicing in the United States.
Quantifiable outcome
- 50% lower cost for orthopedic care through HealthSync Network
- +2 more outcomes
Companies that use OrthoIndy
Customer profileNamed customers6 records
Segments4 records
Ideal customer profiles3 records
OrthoIndy technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
AI capability2 records
Feature3 records
OrthoIndy partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and minor.
- Anthem Blue Cross and Blue ShieldcoreOrthoIndy is one of the first two participating providers in Anthem's HealthSync Designated Orthopedic Network in Indiana, offering orthopedic care at up to 50% lower cost for Anthem members. The network addresses cost variations of up to $20,000 in hip and knee replacement procedures.
- Indiana Hand to Shoulder CentercoreOrthoIndy and Indiana Hand to Shoulder Center signed a letter of intent to merge, creating a combined operation of over 100 physicians and 1,200 employees across 22 locations. The merger expected to be completed in H1 2025 allows both practices to remain independent while expanding growth and services.
- Franciscan Health/Forté Sports Medicine and OrthopedicscoreFirst two participating providers in Anthem's HealthSync Designated Orthopedic Network alongside OrthoIndy, addressing orthopedic care cost optimization for Indiana employers and patients.
- Ascension St. VincentcoreOrthoIndy trauma physicians provide coverage exclusively at Ascension St. Vincent Trauma Center. OrthoIndy also has clinic locations at Ascension St. Vincent Carmel and Ascension St. Vincent Indianapolis facilities.
- The OrthoForumminorOrthoIndy is a member of The OrthoForum, a national physician specialty organization whose membership includes many of the largest privately owned orthopaedic practices in the United States, providing benchmarking, innovation, business ventures, and networking opportunities.
- SodexominorSodexo provides food and nutrition services at OrthoIndy Hospital cafe.
Scale indicators5 records
Recent moves7 records
Expansion highlights5 records
OrthoIndy competitors and assessment
Company assessmentDirect peers
- Hospital for Special Surgery (HSS): New York-based orthopedic specialty hospital and physician practice widely regarded as the U.S. benchmark for orthopedic specialty care. Comparable in being a dedicated orthopedic specialty hospital (vs general hospital), physician-led, and concentrated in high-acuity joint and spine cases - the upper bound on what OrthoIndy's specialty-hospital model can aspire to.
- Indiana Hand to Shoulder Center: Indianapolis-based orthopedic private practice focused exclusively on hand, wrist, elbow, and shoulder care. The signed merger partner (LOI Oct 2024) - same operating model (physician-owned specialty group), same Indianapolis market, and complementary upper-extremity subspecialty depth.
- Rothman Orthopaedic Institute: One of the largest physician-owned orthopedic specialty groups in the U.S., headquartered in Philadelphia with a multi-state footprint, multi-subspecialty clinics, and ambulatory surgery centers. Closest analog for OrthoIndy's physician-ownership, full-spectrum orthopedic model at national scale and a natural acquirer or strategic comparable for valuation purposes.
- OrthoCarolina: Charlotte-based independent orthopedic specialty group serving the Carolinas with subspecialty clinics, urgent care, imaging, and surgery centers. Closest mid-market peer on physician-owned, multi-subspecialty, multi-site ambulatory-plus-hospital operating model.
- Midwest Orthopaedics at Rush: Chicago-based orthopedic specialty practice operating within the Rush University Health system; provides the full range of musculoskeletal subspecialty care and serves professional athletes. Comparable in subspecialty depth, research/teaching orientation, and physician-led operating culture to OrthoIndy.
- Forté Sports Medicine and Orthopedics: Indiana-based orthopedic specialty group and the only other founding participant alongside OrthoIndy in Anthem's HealthSync Designated Orthopedic Network. Directly comparable in scope (sports medicine, joint replacement, spine) and geography; most apples-to-apples peer for OrthoIndy.
- Steamboat Orthopaedic Group / The Steadman Clinic: Physician-owned orthopedic specialty groups known for high-acuity sports medicine and complex joint/spine cases. Comparable in physician-ownership, subspecialty focus, and premium pricing orientation; benchmark for what concentrated orthopedic specialty practices can achieve.
Broad incumbents
- Ascension St. Vincent (Indiana): Large Indiana health system where OrthoIndy currently provides exclusive orthopedic trauma coverage. Competes for general orthopedics and ambulatory cases, but operates a much broader service portfolio across Central Indiana.
- Franciscan Health Orthopedics: Indiana-based multi-hospital health system offering orthopedic services and the other HealthSync Designated Orthopedic Network launch partner. Competitor for surgical volumes, but broader general-acute-care operator rather than an orthopedic pure-play.
Emerging players
- United Surgical Partners International (USPI / Tenet): Largest U.S. operator of ambulatory surgery centers (ASCs) and short-stay surgical facilities, several of which are orthopedic-focused. Competes for OrthoIndy's higher-acuity outpatient surgical cases, especially as payers shift volume to lower-cost ASC sites of service.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights5 records
Customer concentration
OrthoIndy social profiles
Digital presenceOrthoIndy compliance and trust
Trust signalCompliance6 records
OrthoIndy financial estimates
Financial estimateRevenue estimate
Valuation estimate
OrthoIndy leadership team
Management profileNumber of profiles
Profiles2 records
OrthoIndy subsidiaries and ownership
Company hierarchySubsidiaries1 record
OrthoIndy funding detail
Funding detailFunding overview
Funding rounds3 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
OrthoIndy M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about OrthoIndy
What does OrthoIndy do?
OrthoIndy is a physician-owned orthopedic practice and specialty hospital providing comprehensive bone, joint, spine, and muscle care across Central Indiana. Its offering spans inpatient and outpatient surgical procedures at three hospital facilities, 11 outpatient clinic locations, walk-in urgent care for musculoskeletal injuries, diagnostic imaging (including the only EOS Edge ultra low-dose system in Indiana), and physical and occupational therapy, supported by AI-assisted scheduling and an Athenahealth-powered patient portal.
Is OrthoIndy a public or private company?
OrthoIndy is a private company. It is classified as management employee owned and is currently operating.
When was OrthoIndy founded?
OrthoIndy was founded in 2005. It employs 1,001 to 5,000 people.
Where is OrthoIndy based?
OrthoIndy is headquartered in Indianapolis, United States, in the North America region.
How does OrthoIndy make money?
Four revenue lines are on record. Clinical Services Revenue is the primary driver. The others are hospital Services, diagnostic Imaging Services and physical and Occupational Therapy.
Who are OrthoIndy's main competitors?
Direct peers on record are Hospital for Special Surgery (HSS), Indiana Hand to Shoulder Center, Rothman Orthopaedic Institute, OrthoCarolina, Midwest Orthopaedics at Rush, Forté Sports Medicine and Orthopedics and Steamboat Orthopaedic Group / The Steadman Clinic. Broad incumbents are Ascension St. Vincent (Indiana) and Franciscan Health Orthopedics. United Surgical Partners International (USPI / Tenet) is listed as an emerging player.
Does OrthoIndy have an API?
No public API is recorded for OrthoIndy.
What industry is OrthoIndy in?
OrthoIndy's product category is Orthopedic Healthcare Services. Its primary akta.pro industry code is HLAFAHAB, Orthopedic & Spine Specialty Hospitals. Its NAICS code is 62231 and its SIC code is 8062.