Orthopaedic Associates

What Orthopaedic Associates does

Orthopaedic Associates (legally NFS Orthopaedic Associates, LLC) is a private, physician-owned orthopaedic medical practice founded in 1988 and headquartered in Fort Walton Beach, Florida. The practice operates three clinical locations across the Florida Panhandle (Fort Walton Beach, Destin, and Crestview), supported by two AAAHC-accredited affiliated ambulatory surgery centers, in-house diagnostic imaging (MRI, X-ray, ultrasound), physical and occupational therapy, durable medical equipment, and an orthopaedic urgent care walk-in service. Its 9 fellowship-trained and board-certified surgeons deliver care across the full musculoskeletal spectrum, including joint replacement and revision, sports medicine, hand and wrist, spine, foot and ankle, shoulder, elbow, hip, knee, and pain management.

The practice's core technology stack centers on the Mako SmartRobotics robotic-arm assisted system for partial knee, total knee, and total hip replacement, and the UltraGuideCTR ultrasound-guided device for carpal tunnel release, both of which it deployed as the first orthopaedic practice in the Florida Panhandle to do so. Additional differentiated offerings include Kinematic Knee Replacement, Orthobiologic therapy (autologous platelet-based regenerative treatment offered on a flexible cash-pay basis outside insurance), and a dedicated Osteoporosis Clinic at the Crestview location. Patient acquisition runs through a sales-led, referral-driven go-to-market combining direct scheduling (online, phone, same-day appointments, walk-in urgent care), medical partner referrals from primary care physicians via a dedicated line, workers' compensation intake, community sports sponsorships at four local high schools, and an exclusive regional Pickleball Doctors partnership targeting active adults.

Revenue is generated primarily through professional services across clinical consultations, surgical procedures, rehabilitation, and ancillary services, with cash-pay Orthobiologic therapy as a secondary non-insurance stream. The practice holds direct contracts with multiple insurance carriers; deductibles and co-insurance are patient responsibility. Operating geographies are confined to the Florida Panhandle / Emerald Coast region in the United States, with no disclosed parent company, no venture or private equity ownership, and no publicly disclosed financial metrics.

Name

Orthopaedic Associates

Legal name

NFS Orthopaedic Associates, LLC

Website

https://orthoassociates.net

Company type

Private

Founded year

1988

Operating status

Operating

Headcount range

101–250 employees

Short description

Orthopaedic Associates is a private, physician-owned orthopaedic medical practice founded in 1988 in Fort Walton Beach, Florida, operating three clinical locations across the Florida Panhandle with 9 fellowship-trained surgeons delivering joint replacement, sports medicine, hand/wrist, spine, and rehabilitation services.

Ownership category

akta.pro rank

Product category

Orthopaedic Medical Services

NAICS

Offices of Physicians (62111), 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)

akta.pro primary industry

General Orthopedics (HLAKALAA)

akta.pro secondary industries

Orthopedic Surgery (Operative Orthopedics) (HLAKALAC), Spine (Orthopedic Spine) (HLAKALAE), Orthopedic & Spine Surgery Centers (HLAFAIAG), Hand & Upper Extremity (HLAKALAF), Foot & Ankle (HLAKALAG)

Keywords

• Orthopaedic medical services
• Joint replacement surgery
• Sports medicine clinic
• Physical therapy rehabilitation
• Diagnostic imaging services

Headquarters

HQ city

Fort Walton Beach

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Clinical Patient Services: Revenue generated from consultations, examinations, diagnostic imaging services (X-ray, MRI, ultrasound), and non-surgical treatments across all three office locations.
2. Surgical Procedures: Revenue from surgical procedures including joint replacement, arthroscopic surgery, fracture repair, and sports medicine surgeries performed at affiliated surgery centers.
3. Physical & Occupational Therapy: Revenue from rehabilitation services including physical therapy and occupational therapy treatments.
4. Durable Medical Equipment (DME): Revenue from sale/rental of orthopaedic medical equipment including braces, casts, and mobility aids.
5. Orthobiologic Therapy: Nonsurgical orthobiologic treatments (not typically covered by insurance) offered with flexible pricing options.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

Orthopaedic Associates is a multi-location private orthopaedic medical practice delivering comprehensive musculoskeletal care across the Florida Panhandle, including joint replacement and revision, sports medicine, spine care, hand and wrist surgery, fracture care, pain management, and physical/occupational therapy. The practice is distinguished by its use of Mako SmartRobotics for robotic-arm assisted joint replacement, UltraGuideCTR for ultrasound-guided carpal tunnel release, orthobiologic therapy, in-house diagnostic imaging (MRI, X-ray, ultrasound), and orthopaedic urgent care walk-in services. It operates three offices in Fort Walton Beach, Destin, and Crestview, supported by AAAHC-accredited ambulatory surgery centers.

Product overview

Orthopaedic Associates is a comprehensive orthopaedic practice offering a unified suite of medical services rather than a modular software product. The practice provides diagnostic imaging (X-ray, MRI, ultrasound), surgical procedures (joint replacement, sports medicine, spine surgery), rehabilitation services (physical/occupational therapy), and specialized treatment programs. Key technology-enabled offerings include Mako SmartRobotics™ for robotic-arm assisted joint replacement, UltraGuideCTR™ for ultrasound-guided carpal tunnel release, and orthobiologic therapy for nonsurgical healing. The practice operates multiple locations (Fort Walton Beach, Destin, Crestview) with surgery centers, urgent care facilities, and same-day appointment availability.

Differentiator

Problem solved

Functional benefit

Products and services

• Mako SmartRobotics™ Joint Replacement Robotic-arm assisted surgery system for partial knee replacement, total knee replacement, and total hip replacement, using 3D modeling and real-time operative guidance customized to the patient's anatomy for patients with joint arthritis and degeneration.
• UltraGuideCTR™ Carpal Tunnel Release Real-time ultrasound-guided minimally invasive carpal tunnel release enabling faster recovery (3-6 day return to work) with small wrist incision and immediate hand mobility for patients with carpal tunnel syndrome.
• Orthobiologics Therapy
• Orthopaedic Urgent Care Walk-in urgent care for acute bone, joint, and muscle injuries with same-day treatment and no emergency room wait times or costs, available Monday-Friday 8:00 a.m. to 4:00 p.m. at all locations.
• Same-Day Appointments Urgent appointment availability for acute joint pain, arthritis flare-ups, dislocations, fractures, ligament and tendon injuries, sports injuries, sprains, and strains, available 8:30 a.m. to 3:00 p.m. on weekdays.
• Sports Medicine Specialized surgical and nonsurgical care for athletes and active individuals with sports-related injuries, including arthroscopic surgery, joint replacement, rotator cuff repair, and fracture care, including return-to-play support.
• Joint Replacement & Revision Total and partial joint replacement surgery for hip, knee, and shoulder, including revision procedures for failed replacements, with Mako SmartRobotics-assisted options.
• Back, Neck & Spine Care Specialized care for spinal conditions including herniated discs, spondylolisthesis, spinal stenosis, and surgical interventions such as ALIF and fusion.
• Pain Management Interventional pain management services for orthopaedic conditions including joint pain, back pain, and chronic musculoskeletal issues.
• Physical & Occupational Therapy Rehabilitation and recovery therapy for orthopaedic injuries and surgeries, available at multiple office locations.
• Musculoskeletal Ultrasound Imaging High-frequency sound wave imaging for real-time diagnosis of tendon tears, carpal tunnel syndrome, muscle abnormalities, fluid collections, soft tissue tumors, and rheumatoid arthritis changes without ionizing radiation.
• X-Ray Services Digital X-ray imaging for diagnosing bone and joint conditions, available at Fort Walton Beach, Destin, and Crestview locations.
• MRI (Magnetic Resonance Imaging) MRI imaging for detailed visualization of soft tissues, joints, and bone conditions, available at the Crestview location.
• Surgery Centers AAAHC-accredited ambulatory surgery centers providing state-of-the-art outpatient orthopaedic procedures, affiliated with Fort Walton Beach Medical Center and Sacred Heart Hospital.
• Casting Services Casting services for fracture immobilization and healing, available at practice locations.
• Durable Medical Equipment (DME) Sale and rental of orthopaedic medical equipment including braces, splints, and mobility aids for patient care.
• Osteoporosis Clinic Specialized clinic for bone health assessment and osteoporosis management, available at the Crestview location.

Quantifiable outcome

• Most patients return to normal activities within 3-6 days after UltraGuideCTR carpal tunnel release
• +1 more outcomes

Named customers12 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Eight partnerships are on record, tiered supporting and core.

• Northwest Florida State CollegesupportingStrategic or Co-development Partner · 1 January 2012Educational partnership where Orthopaedic Associates serves as a teaching facility/preceptor site for the college's radiography program. Accepts 3 second-year students each semester for hands-on clinical experience. Program has achieved 100% first-attempt board pass rate.
• North Florida SurgeonscoreStrategic or Co-development PartnerNorth Florida Surgeons is mentioned as a professional affiliation, suggesting a network or collaborative relationship among orthopaedic practices in the Florida region for knowledge sharing and best practices.
• TheOrthoForumcoreStrategic or Co-development PartnerOrthopaedic Associates is a member of TheOrthoForum, a national organization of independent orthopaedic practices dedicated to advancing the field of orthopaedics through collaboration and shared expertise.
• Surgical Specialists, ASCcoreStrategic or Co-development PartnerAffiliated surgery center located within the Fort Walton Beach office building, affiliated with Fort Walton Beach Medical Center. Provides state-of-the-art outpatient surgical facilities for orthopaedic procedures.
• The Surgery Center at Sacred Heart Medical ParkcoreStrategic or Co-development PartnerAffiliated surgery center located 1/8th mile from the Destin office, affiliated with Sacred Heart Hospital. Fully accredited by AAAHC for ambulatory health care.
• SharecaresupportingTechnology or IntegrationHealth information platform partnered with NFS Orthopaedic Associates, LLC to fulfill medical records requests through an electronic system.
• Pickleball DoctorscoreGTM or Marketing PartnerExclusive regional doctors designation as Pickleball Doctors - a group of elite doctors dedicated to helping pickleball players prevent injuries and receive specialized treatment, providing expert tips and specialized care.
• Local High SchoolssupportingGTM or Marketing PartnerProud supporter of Fort Walton Beach High School, Choctawhatchee High School, Niceville High School, and South Walton High School, demonstrating community engagement and sports medicine expertise.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Regional players

• Andrews Institute for Orthopaedics & Sports Medicine: Gulf Breeze/Pensacola-based orthopaedic and sports medicine group serving the broader Florida Panhandle with fellowship-trained surgeons, ASCs, and rehab. Directly comparable as a regional orthopaedic competitor in the same geography targeting similar patient and referral segments.
• Tallahassee Orthopedic Clinic (TOI): Multi-physician orthopedic specialty group based in Tallahassee with on-site MRI, PT, and surgery centers serving North Florida. Closely comparable multi-specialty orthopedic practice model, though operating in a different sub-region of Florida.
• OrthoAlabama Spine & Sports Medicine: Independent orthopedic and sports medicine practice in Alabama with a similar multi-specialty service line (spine, joint replacement, sports medicine) and on-site ancillary services. Comparable independent regional practice model serving a neighboring Southeastern geography.

Broad incumbents

• Rothman Orthopaedic Institute: Large multi-region orthopedic specialty practice operating across the Mid-Atlantic and Florida with orthopedic surgery, PT, imaging, and urgent care. Comparable integrated orthopedic delivery model and TheOrthoForum membership, though at materially larger scale and broader geographic footprint.
• OrthoCarolina: Independent orthopedic practice operating across the Charlotte region and beyond, with on-site imaging, PT, surgery centers, and urgent orthopedic care. Highly comparable integrated service-line model; substantially larger scale but illustrative of where Orthopaedic Associates' model could grow.
• HCA Florida Fort Walton-Destin Hospital: Affiliated hospital system that operates Fort Walton Beach Medical Center, where one of Orthopaedic Associates' ASC partners is located. Comparable as a regional orthopedic services provider through employed physician models and hospital-based orthopedics, but with a much broader service portfolio and institutional capital.
• Sacred Heart Health System (Ascension): Regional hospital system (Ascension-affiliated) that operates Sacred Heart Hospital, the affiliate for the Destin surgery center. Comparable as a regional provider of orthopedic surgery services and a partner/competitor for surgical referrals in the same geography.
• Mayo Clinic Orthopedics and Sports Medicine: National multi-specialty health system with a high-acuity orthopedic surgery program (joint replacement, sports medicine, spine). Comparable as a destination orthopedic competitor for complex cases, particularly for patients willing to travel within Florida for premium brand-name care.
• Hospital for Special Surgery (HSS): National orthopedic specialty hospital and ambulatory network with Florida expansion. Comparable as a premium orthopedic brand competing for high-end joint replacement and sports medicine cases, especially for patients seeking nationally-recognized specialty care.

Emerging players

• U.S. Orthopaedic Partners (USOP): PE-backed orthopedic practice platform aggregating independent regional orthopedic groups across the Southeast. Comparable as both a competitor for surgeon recruitment and a potential strategic/partner option for Orthopaedic Associates given its similar independent-practice model and TheOrthoForum-style operating playbook.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/OrthopaedicAssociatesFortWalton
• LinkedInlinkedin.com/company/orthopaedic-associates-p.a.
• Instagraminstagram.com/orthopaedicassociatesfl

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 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 Orthopaedic Associates