Modern Foot & Ankle

What Modern Foot & Ankle does

Modern Foot & Ankle, now operating as Evolve Health, is a physician-led podiatry-first multi-specialty healthcare group founded in 2017 and headquartered in Tampa, Florida. The company operates 40+ clinic locations across Florida (Tampa, Palm Harbor, Orlando, Sarasota, Palm Beach) and Texas (Houston, Pearland), delivering board-certified podiatric care for conditions including heel pain, plantar fasciitis, bunions, hammertoes, flat feet, Achilles tendinitis, diabetic foot ulcers, sports injuries, and arthritic foot conditions. Beyond its core podiatry practice, the company has expanded into in-house physical therapy (launched in 2024 in Palm Harbor), nephrology, and adjacent specialties such as rheumatology and endocrinology, with a planned Ambulatory Surgery Center (ASC) in Florida to internalize higher-acuity surgical work.

The underlying technology is a digital healthcare delivery platform rather than a software product: it combines 24/7 online appointment booking, phone-based scheduling, electronic health records, and a coordinated care management system that ties podiatry, physical therapy, and specialty services together under one patient record and unified care plans. The architectural differentiator is the podiatry-first multi-specialty model — using podiatry as the entry point into a broader ambulatory specialty network rather than as an isolated service line — supported by the 2024 acquisition of Florida Orthopedic Foot and Ankle Center (FLOFAC), which brought Dr. James Cottom and added advanced lower-extremity surgical capabilities.

The business model is fee-for-service healthcare revenue billed primarily through major insurance networks (Aetna, Cigna, Blue Cross Blue Shield, Humana), supplemented by self-pay and out-of-pocket payments for uninsured or non-covered services. Patients access care through insurance referrals, self-referral, online booking, and phone scheduling, with revenue generated per visit rather than on a subscription basis. The 2024 rebrand from Modern Foot & Ankle to Evolve Health reflects the strategic shift from a single-specialty podiatry brand to a multi-specialty ambulatory group, and the company explicitly positions itself as physician-led and locally controlled without disclosed private equity or venture capital backing.

Name

Modern Foot & Ankle

Legal name

Evolve Health

Website

https://modernfootankle.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

51–100 employees

Short description

Evolve Health (formerly Modern Foot & Ankle) is a physician-led podiatry-first multi-specialty group operating 40+ clinics across Florida and Texas, delivering podiatry, physical therapy, nephrology, and foot and ankle surgery to patients with acute and chronic conditions.

Ownership category

akta.pro rank

Product category

Podiatry & Multi-Specialty Healthcare

NAICS

Offices of Podiatrists (621391), Offices of Physical, Occupational and Speech Therapists, and Audiologists (621340), Freestanding Ambulatory Surgical and Emergency Centers (621493)

SIC

Services-Offices & Clinics Of Doctors Of Medicine (8011), Services-Specialty Outpatient Facilities, Nec (8093), Orthopedic, Prosthetic & Surgical Appliances & Supplies (3842)

akta.pro primary industry

Foot & Ankle (HLAKALAG)

akta.pro secondary industry

Podiatry & Foot/Ankle Surgery Centers (HLAFAIAL)

Keywords

• Podiatry services
• Foot and ankle care
• Multi-specialty healthcare
• Physical therapy services
• Chronic disease management

Headquarters

HQ city

Tampa

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Healthcare Services Revenue: Fee-for-service healthcare revenue generated from podiatry, physical therapy, and specialty medical services billed to insurance providers and patients. Services include diagnostic evaluations, treatments, surgical procedures, and rehabilitation.
2. Self-Pay/Out-of-Pocket Revenue: Revenue from uninsured patients or services not covered by insurance, with self-pay rates and flexible payment solutions offered to maintain affordability.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

Modern Foot & Ankle (now operating as Evolve Health) operates a podiatry-first multi-specialty healthcare practice delivering board-certified podiatric care, physical therapy, chronic disease management, nephrology, and foot and ankle surgery across 40+ clinic locations in Florida and Texas. The podiatry service acts as the primary entry point into a coordinated specialty network where patients receive integrated care under one patient record and unified care plans.

Product overview

Modern Foot & Ankle, now operating as Evolve Health, is a podiatry-first multi-specialty healthcare group. The core offering is comprehensive podiatry services for foot and ankle conditions, which serves as the primary entry point into a coordinated specialty network. The product portfolio includes the core podiatry services augmented by physical therapy, chronic disease management, nephrology services, and surgical procedures. An Ambulatory Surgery Center is planned for future expansion. The architecture is a hub-and-spoke model where podiatry acts as the foundation, with patients able to access physical therapy, chronic disease management, and specialty care (nephrology, rheumatology, endocrinology) through the same coordinated system.

Differentiator

Problem solved

Functional benefit

Products and services

• Podiatry Services Board-certified podiatric care diagnosing and treating foot and ankle conditions including heel pain, plantar fasciitis, bunions, hammertoes, flat feet, Achilles tendinitis, diabetic foot ulcers, sports injuries, and arthritic foot conditions for patients of all ages.
• Physical Therapy Services In-house physical therapy providing expert rehabilitation for patients recovering from foot and ankle injuries, post-surgical procedures, balance issues, and mobility challenges.
• Nephrology Services Comprehensive kidney care with focus on early intervention, long-term disease management, and coordinated patient treatment as part of the multi-specialty network, addressing chronic kidney disease and metabolic disorders.
• Foot and Ankle Surgery Full range of foot and ankle surgical procedures including minimally invasive and reconstructive surgeries such as bunion correction, hammertoe repair, Achilles tendon repair, neuroma removal, and diabetic limb salvage.
• Chronic Disease Management Coordinated care for chronic conditions including diabetes, rheumatoid arthritis, gout, chronic kidney disease, and metabolic disorders, integrating podiatry with broader specialty care under a unified care plan.

Quantifiable outcome

• 40+ locations providing same standard of care at every office
• +1 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators4 records

Recent moves7 records

Expansion highlights6 records

Regional players

• ATI Physical Therapy: Multi-state outpatient physical therapy provider with strong presence in the Eastern U.S. Comparable as a regional PT operator intersecting with Evolve Health's growing in-house physical therapy services.
• Foot & Ankle Specialists of the Mid-Atlantic (FASMA): Large podiatry group operating across the Mid-Atlantic region with multiple clinic locations. Comparable to Evolve Health on practice structure and insurance-based foot & ankle services, though focused on a different U.S. geography.

Broad incumbents

• Surgery Partners: Public operator of short-stay surgical facilities and ambulatory surgery centers (ASCs) across the U.S. Relevant as Evolve Health builds its own ASC and evaluates outpatient surgical operating models.
• HCA Healthcare: Large for-profit hospital and outpatient operator with significant Florida and Texas presence. Competes with Evolve Health for outpatient foot & ankle volume and is a potential acquirer or JV partner for the planned ASC.
• Tenet Healthcare / United Surgical Partners International (USPI): USPI is the largest operator of ambulatory surgery centers in the U.S. and is wholly owned by Tenet Healthcare. Relevant incumbent comparator for Evolve Health's planned Florida ASC strategy.
• Aspen Dental / The Aspen Group: Multi-site DSO-style platform offering coordinated specialty care under one brand across hundreds of locations. Comparable to Evolve Health as a model for physician-led, multi-specialty, multi-state ambulatory expansion.
• Select Medical Holdings: National operator of specialty hospitals, rehabilitation clinics, and outpatient therapy. Relevant as Evolve Health expands in-house physical therapy services and competes for rehab referrals in shared geographies.
• Concentra Group Holdings: Operator of occupational health and urgent care clinics, including onsite physical therapy and specialty services. Relevant comparator for multi-site, insurance-driven ambulatory care delivery models in Texas and Florida.

Direct peers

• Upperline Health: Multi-state podiatry-focused physician practice platform offering foot and ankle care with chronic disease management. Closely comparable on care model, payor mix, and M&A-driven expansion into adjacent specialties.
• US Foot & Ankle Specialists: One of the largest PE-backed podiatry practice platforms in the U.S., operating multi-state foot & ankle clinics. Directly comparable to Evolve Health in core service line, multi-site operating model, and acquisition-driven growth strategy.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/ModernFootAnkle
• LinkedInlinkedin.com/company/healthevolves
• Instagraminstagram.com/health.evolves

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Modern Foot & Ankle