Parkview Orthopaedic

What Parkview Orthopaedic does

Parkview Orthopaedic Group is a privately-held, physician-owned multi-specialty orthopaedic medical practice founded circa 1970 and headquartered in Palos Heights, Illinois. The practice diagnoses and treats musculoskeletal conditions across eight subspecialties — foot and ankle, hip, hand/wrist/elbow, knee, rheumatology, shoulder, spine, and sports medicine — and serves patients throughout the southwest suburbs of Chicago from five office locations (Palos Heights, Oak Lawn, New Lenox, Joliet West, Mokena). The clinical team comprises approximately 20-23 fellowship-trained physicians and clinicians, supported by physical therapy services at four sites, on-site diagnostic imaging (MRI, X-ray, EMG), ultrasound-guided injections, and a dedicated workers' compensation service line.

The practice operates on a fee-for-service clinical revenue model, billing insurance for consultations, imaging, procedures, and rehabilitation, with co-pays collected at time of service and a self-pay option routed through the HealthMedocs platform. Its technology stack is built on the NextGen EMR with a NextGen-powered patient portal (legacy NextMD), supplemented by a 24/7/365 virtual care chat delivered via a partnership with poweredbyhurt.com and outsourced medical records/FMLA processing through HealthMark Group's Request Manager. Patient acquisition is driven by physician referrals, school athletic trainer networks, workers' compensation channels, and the practice's flagship 20+ year team physician relationship with the Chicago White Sox. Marketing channels include the company website, Facebook, YouTube, and the always-on virtual care chat as a top-of-funnel engagement tool.

The business is operated as an independent professional medical corporation with no disclosed private equity, venture, or strategic parent ownership. Service breadth under one roof (imaging, PT, injections, surgery, rheumatology, pain management) functions as the core value proposition, reinforced by 50+ years of regional operating history and repeat regional "Best Orthopaedic" recognition from 2018 through 2022. The model is operationally mature and geographically concentrated, with no documented expansion outside the southwest Chicago suburban corridor.

Name

Parkview Orthopaedic

Legal name

Parkview Orthopaedic Group

Website

https://parkviewortho.com

Company type

Private

Founded year

1970

Operating status

Operating

Headcount range

51–100 employees

Short description

Parkview Orthopaedic Group is a physician-owned multi-specialty orthopaedic practice serving southwest suburban Chicago from five office locations since 1970, offering surgical, imaging, physical therapy, rheumatology, and workers' compensation services through ~20 fellowship-trained physicians.

Ownership category

akta.pro rank

Product category

Orthopaedic Healthcare Services

NAICS

Offices of Physicians (6211), Offices of Physical, Occupational and Speech Therapists, and Audiologists (621340)

SIC

Services-Offices & Clinics Of Doctors Of Medicine (8011)

akta.pro primary industry

General Orthopedics (HLAKALAA)

akta.pro secondary industries

Foot & Ankle (HLAKALAG), Hand & Upper Extremity (HLAKALAF), Orthopedics & Sports Medicine Telemedicine Platforms (HLALAGAO)

Keywords

• Orthopaedic medical services
• Musculoskeletal care
• Sports medicine
• Joint replacement surgery
• Physical therapy

Headquarters

HQ city

Palos Heights

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Clinical Services Revenue: Fee-for-service healthcare revenue from patient consultations, diagnostic services (MRI, X-Ray, EMG), procedures, surgeries, and physical therapy services billed through insurance
2. Workers Compensation Services: Specialized workers compensation orthopedic care and treatment services

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Parkview Orthopaedic Group is a multi-specialty orthopaedic medical practice that diagnoses and treats bone, joint, and musculoskeletal conditions through surgical services (joint replacement, sports medicine, spine, hand, foot and ankle), in-house diagnostic imaging (MRI, X-Ray, EMG), physical therapy, ultrasound-guided injections, workers' compensation care, and 24/7 virtual consultations. Care is delivered by 20+ fellowship-trained physicians and clinicians across five office locations in the southwest suburbs of Chicago.

Product overview

Parkview Orthopaedic Group is a multi-specialty orthopaedic medical practice offering comprehensive musculoskeletal care through a single unified practice model. The company provides surgical services (joint replacement, sports medicine, spine, hand, foot and ankle surgery), diagnostic imaging (MRI, X-Ray, EMG), rehabilitation (Physical Therapy at four locations), and specialized treatments (ultrasound-guided injections, workers' compensation care). The practice operates five office locations in the southwest suburbs of Chicago (Palos Heights, Oak Lawn, New Lenox, Mokena, Joliet West) with 20+ physicians and clinicians offering fellowship-trained specialists in orthopaedic surgery, rheumatology, pain management, and sports medicine. Patient access is supported through a NextGen-powered patient portal, telemedicine services, and integrated medical records management via HealthMark Group.

Differentiator

Problem solved

Functional benefit

Products and services

• Orthopaedic Surgery Services

Quantifiable outcome

• Named Best Orthopaedic Group in the Southwest Suburbs - 2018 & 2020
• +1 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Four partnerships are on record, tiered operational, core and flagship.

• HealthMark GroupoperationalOthersPartnership for medical record requests, disability forms, and FMLA form completion through HealthMark's Request Manager platform. Handles the accurate and timely completion of medical record requests.
• NextGen HealthcarecoreTechnology or IntegrationProvides the PxP patient portal platform (NextGen) for patient records access, appointment management, and secure communications. Legacy NextMD portal also referenced.
• Chicago White SoxflagshipStrategic or Co-development PartnerServed as team physicians for the Chicago White Sox professional baseball organization for more than 20 years, providing sports medicine and orthopaedic care for athletes.
• Local High Schools and CollegescoreStrategic or Co-development PartnerMany Parkview physicians currently serve as team physicians for local high schools and colleges, providing sports medicine coverage for student athletes.

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Rothman Orthopaedic Institute: Large multi-specialty orthopaedic practice operating across multiple states with fellowship-trained surgeons spanning joint replacement, sports medicine, spine, and hand. Comparable on subspecialty breadth and integrated care delivery model.
• Twin Cities Orthopedics: Midwest multi-specialty orthopaedic group with comprehensive subspecialties, urgent care, PT and imaging. Comparable on multi-site scale, integrated service lines, and orthopedic-only focus.
• Beacon Orthopaedics & Sports Medicine: Multi-specialty orthopaedic and sports medicine practice with fellowship-trained surgeons, in-house imaging, PT and ambulatory surgery. Comparable on subspecialty coverage and integrated care model.
• OrthoIllinois: Illinois-based multi-specialty orthopaedic group with multiple locations, fellowship-trained physicians, in-house imaging and physical therapy. Direct comparable in size, geography (Illinois) and service model.
• The CORE Institute: Multi-specialty orthopedic practice offering joint replacement, sports medicine, spine, pain management, PT and imaging across multiple sites. Comparable on integrated MSK delivery and subspecialty depth.
• Illinois Bone & Joint Institute (IBJI): Largest Chicago-area multi-specialty orthopaedic group with comprehensive subspecialty coverage, multiple suburban locations, in-house imaging and PT. Directly comparable multi-subspecialty, multi-site private practice model serving similar Chicago-area patient demographics.

Broad incumbents

• US Orthopaedic Partners: PE-backed orthopaedic practice platform actively consolidating independent multi-specialty groups across the Southeast. Comparable in that it acquires exactly the type of multi-site, fellowship-trained MSK practices Parkview represents.
• Midwest Orthopaedics at Rush: Academic-affiliated Chicago orthopaedic specialty practice providing multi-subspecialty MSK care with national reputation and sports medicine ties. Comparable on specialty focus and Chicago geography, though larger and hospital-adjacent.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/user/ParkviewOrthopedics
• Facebookfacebook.com/ParkviewOrtho
• Xx.com/parkviewortho

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Parkview Orthopaedic