Illinois Pain Institute

What Illinois Pain Institute does

Illinois Pain Institute (also operating as Illinois Pain & Spine Institute / IPSI) is a privately-held, multi-site interventional pain management practice headquartered in Itasca, Illinois, founded in 1987 by Dr. John V. Prunskis and Dr. Terri Dallas-Prunskis. It operates 6-8 clinic locations across four Chicagoland counties (Lake, McHenry, Kane, and DuPage) and runs a dedicated ambulatory surgical center, Barrington Pain & Spine Institute. The practice delivers minimally invasive diagnostic and therapeutic procedures for chronic pain conditions, with a procedural portfolio of 25+ treatments including spinal cord stimulation (notably Medtronic's MRI-safe SureScan systems), Vertiflex Superion interspinous spacers, radiofrequency lesioning, SI joint fusion (PainTeq LinQ and Nevro CornerLoc), vertebroplasty/kyphoplasty, epidural and facet joint injections, neuromodulation, intrathecal pump therapy, and regenerative medicine delivered through an affiliated institute.

The business model is a fee-for-service outpatient medical practice generating revenue through insurance reimbursement across 30+ accepted plans, supplemented by workers' compensation and personal injury case volume and patient co-pays. Go-to-market is sales-led via physician referral networks, direct patient inquiries, an online pain assessment quiz, telehealth consultations, and content marketing across the practice website (illinoispain.com). Customer segments include chronic pain patients (primary), workers' compensation and personal injury patients, and elderly patients with age-related spinal conditions. The practice employs 51-100 staff including fellowship-trained interventional pain physicians and physician assistants, and has accumulated 15 Top Doctor awards, including Dr. Prunskis's unprecedented 10-time selection as Top Pain Doctor in Chicago by Chicago Magazine, plus a Presidential Appointment to the HHS Pain Management Best Practices Task Force.

Name

Illinois Pain Institute

Legal name

Illinois Pain & Spine Institute

Website

https://illinoispain.com

Company type

Private

Founded year

1987

Operating status

Operating

Headcount range

51–100 employees

Short description

Illinois Pain Institute is a private, multi-site interventional pain management practice in Chicagoland founded in 1987, operating 6-8 clinics across four Illinois counties plus an ASC, delivering 25+ minimally invasive procedures to chronic pain patients via insurance reimbursement.

Ownership category

akta.pro rank

Product category

Interventional Pain Management Services

NAICS

Other Ambulatory Health Care Services (6219), Offices of Physical, Occupational and Speech Therapists, and Audiologists (62134)

SIC

Services-Offices & Clinics Of Doctors Of Medicine (8011), Services-Specialty Outpatient Facilities, Nec (8093), Services-Health Services (8000)

akta.pro primary industry

Pain Management Clinics (Interventional & Medical) (HLAFABAH)

akta.pro secondary industries

Pain Management (Spine & Musculoskeletal) (HLAKALAM), Pain Medicine (Interventional/Neuropathic Pain) (HLAKAIAM), Pain Management & Interventional Procedure Centers (HLAFAIAH)

Keywords

• Interventional pain management
• Chronic pain treatment
• Spinal cord stimulation
• Minimally invasive procedures
• Pain management clinic

Headquarters

HQ city

Itasca

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, Supply Chain

Revenue model

1. Healthcare Services - Insurance Reimbursed: The practice generates revenue primarily through medical procedures and treatments that are reimbursed by insurance providers. They accept 30+ insurance plans. Most pain management services are covered by insurance, though experimental therapies may not be fully covered.
2. Out-of-Pocket Patient Payments: Some treatments and procedures may require patient co-pays or out-of-pocket payments depending on insurance coverage and the specific treatment modality chosen.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Illinois Pain Institute is a multi-site interventional pain management practice that diagnoses and treats chronic and acute pain conditions through minimally invasive procedures including spinal cord stimulation, vertebroplasty, radiofrequency ablation, SI joint fusion, intrathecal pump therapy, and regenerative medicine. The practice serves individual patients with spinal, joint, neuropathic, and musculoskeletal pain conditions across six to eight physical clinic locations in the Chicago metropolitan area, supplemented by telehealth consultations.

Product overview

Illinois Pain & Spine Institute operates as a multi-location pain management practice offering a unified suite of interventional pain treatments across 8 physical sites in the Chicago metropolitan area. The core offering combines diagnostic procedures (discography, selective nerve root blocks) with therapeutic interventions including spinal cord stimulation, neuromodulation, regenerative medicine, and minimally invasive surgical options (vertebroplasty, SI joint fusion, Vertiflex Superion). The practice emphasizes personalized treatment plans combining medication management, physical therapy, and procedural interventions. Key treatment brands include Spinal Cord Stimulation (SCS) with MRI-safe technology, Vertiflex Superion for lumbar stenosis, CornerLoc/CornerLoq SI joint fusion, and regenerative medicine through The Regenerative Stem Cell Institute. The practice also offers patient engagement tools including a pain quiz and telehealth consultations.

Differentiator

Problem solved

Functional benefit

Products and services

• Spinal Cord Stimulation (SCS) Implantation of a battery-operated device that sends electrical signals to the spinal cord to intercept pain signals to the brain, used for neuropathic pain conditions. Recent advances enable stimulators to last as long as eight years.
• Vertebroplasty / Kyphoplasty Minimally invasive procedure involving injection of bio-compatible bone cement into vertebral body fractures under local anesthesia and sedation, with studies showing 75-90% of treated patients experiencing complete or significant reduction of chronic back pain.
• Radiofrequency Lesioning Pain management treatment using radiofrequency energy to disrupt nerve signals and provide long-term pain relief by destroying nerves and tissues that send pain signals to the brain, typically providing 6-9 months of pain relief per treatment.
• Epidural Injections FDA-approved steroid injections into the epidural space to alleviate low back pain, leg pain from disc herniation, sciatica, nerve root compression, and spinal inflammation.
• Facet Joint Injections Injections into facet joints to diagnose the source of pain and provide long-lasting pain relief, decreasing inflammation from arthritis and joint degeneration.
• SI Joint Fusion (LinQ by PainTeq; CornerLoc/CornerLoq by Nevro) Minimally invasive sacroiliac joint fusion using a cortical bone graft and DBM sponge (CornerLoc) or triangular titanium implant (CornerLoq) to stabilize the joint and relieve pain, with about 80% of CornerLoc patients reporting excellent functional improvement.
• Vertiflex Superion FDA-approved interspinous spacer implant system for lumbar spinal stenosis that preserves spine motion and relieves pressure on affected nerves through minimally invasive insertion; fully reversible, with 90% of clinical trial participants expressing overall satisfaction 60 months after the procedure.
• Neuromodulation Treatment for neuropathic pain conditions using devices that modulate nerve activity, including spinal cord stimulation for burning, stabbing, or tingling pain.
• Regenerative Medicine Treatment modality harnessing natural healing abilities including stem cell therapy for musculoskeletal, cardiovascular, and autoimmune conditions, offered through The Regenerative Stem Cell Institute.
• Discography Incision-free diagnostic procedure to identify the source of disc-related pain.
• Intrathecal Pump Therapy Implantable pump delivering medication directly into the intrathecal space for chronic pain management, particularly for cancer pain.
• Racz Epidural Neurolysis Catheter-based procedure delivering medication directly to nerve injury or adhesion sites in the epidural space to break up adhesions and relieve pain in post-surgical patients.
• Selective Nerve Root Blocks Fluoroscopy-guided injection of anti-inflammatory medication near exiting nerve roots for patients with herniated disc, sciatica, or nerve root swelling and irritation.
• Sympathetic Nerve Blocks Injection of anesthetic into the sympathetic nerve chain for patients with neurogenic pain, Reflex Sympathetic Dystrophy (RSD/CRPS), coccydynia, facial pain, or pelvic pain.
• Percutaneous Discectomy Minimally invasive removal of herniated disc material pressing on a nerve root or spinal cord through needle placement in the center of the disc.
• Interventional Pain Management Comprehensive suite of minimally invasive diagnostic and therapeutic procedures targeting specific pain sources.
• BOTOX Injections FDA-approved injectable treatment for migraines, muscle pain, neck pain, and back pain providing temporary skeletal muscle relaxation.
• Joint Injections Site-specific anti-inflammatory steroid injections into affected joints for pain relief and improved mobility.
• Genicular Artery Embolization Minimally invasive procedure for chronic knee pain and osteoarthritis that reduces blood flow to inflamed knee tissues.
• Telehealth Consultations Phone call or audiovisual telehealth consultations available for both new and existing patients seeking pain management services.

Quantifiable outcome

• Studies show 75-90% of people treated with Vertebroplasty experience complete or significant reduction of chronic back pain
• +4 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature5 records

Partnerships

Six partnerships are on record, tiered core, minor and strategic.

• MedtroniccoreTechnology or Integration · 21 August 2013Illinois Pain Institute offers Medtronic's first and only spinal cord stimulation (SCS) systems designed for full-body MRI safety. Dr. John Prunskis was among the first U.S. physicians to implant MRI-safe leads. Medtronic neurostimulation therapy uses a medical device to deliver mild electrical impulses to the spinal cord, blocking pain signals from reaching the brain.
• PainTeqcoreTechnology or IntegrationProvider of LinQ SI Joint Fusion system - a minimally invasive treatment option for sacroiliac joint pain and instability offered at Illinois Pain Institute.
• NevrocoreTechnology or IntegrationProvider of CornerLoc SI Joint Fusion system - a state-of-the-art cortical bone graft and DBM sponge derived from bone for SI joint stabilization and fusion procedures.
• OnbeminorImplementation/ SI/ Consulting PartnerHealthcare payment solutions partner helping Illinois Pain Institute issue refunds electronically for faster, more secure refund processing.
• The Regenerative Stem Cell InstitutecoreStrategic or Co-development PartnerAffiliated institute for the advancement and accessibility of regenerative stem cell therapies in the Chicago area. Illinois Pain Institute physicians are affiliated with this institute for stem cell and regenerative medicine treatments.
• Retired Professional Football Players Association of IllinoisstrategicStrategic or Co-development PartnerIllinois Pain Institute doctors serve as the official pain physicians for the Retired Professional Football Players Association of Illinois, providing specialized care for former NFL players dealing with chronic pain conditions including CTE-related issues.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Rothman Orthopaedic Institute: Large multi-specialty musculoskeletal practice with a significant interventional pain and spine division. Broader than IPI but competes for the same chronic spine and joint pain patients in overlapping geographies.
• Cleveland Clinic: Academic medical center with a dedicated Pain Management department offering interventional procedures, neuromodulation, and multidisciplinary chronic pain care. Competes for complex referrals and sets clinical standards.
• HCA Healthcare: National hospital and ambulatory operator with pain management service lines across its ASCs and hospitals. Sets the competitive baseline for interventional pain capacity, reimbursement leverage, and referral scale.

Direct peers

• Clearway Pain Solutions: Multi-state interventional pain management group providing SCS, SI joint fusion, and regenerative therapies across multiple clinic and ASC sites, competing head-to-head with IPI's clinical and operating model.
• Pain Management Associates: Multi-site interventional pain practice in the Midwest offering spinal injections, neuromodulation, and minimally invasive procedures with comparable treatment mix and patient segments to IPI.
• National Spine & Pain Centers: Largest U.S. interventional pain management platform with 100+ locations offering spinal cord stimulation, radiofrequency, and regenerative procedures. Direct peer to IPI in multi-site interventional pain services, though significantly larger and PE-backed.

Emerging players

• Regenexx: Network of independent clinics specializing in regenerative orthopedic treatments (stem cell, PRP) — overlaps with IPI's regenerative medicine offering via The Regenerative Stem Cell Institute, but operates via a franchise-style network model.

Others

• Medtronic: Key technology partner supplying IPI's MRI-safe spinal cord stimulation systems. Adjacent rather than competitive; included to reflect the strategic supplier relationship that drives IPI's neuromodulation economics.

Regional players

• Spine & Pain Institute of New York: New York-based interventional pain and spine practice offering SCS, nerve blocks, and minimally invasive spine procedures. Comparable service mix to IPI but concentrated in the Northeast.
• Texas Pain Relief Group: Multi-location interventional pain practice in Texas offering a similar suite of SCS, injections, and radiofrequency procedures. Comparable clinical model but serves a different geography.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/illinoispain

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Illinois Pain Institute