Northwest Oncology & Hematology

What Northwest Oncology & Hematology does

Northwest Oncology & Hematology (NWOH) is a private outpatient medical oncology and hematology practice founded in 1978 and headquartered at 3701 Algonquin Rd., Rolling Meadows, Illinois. The practice treats adult and elderly cancer and hematology patients across four clinic locations in Rolling Meadows, Elk Grove Village, Hoffman Estates, and Barrington, serving the northwest suburbs of Chicago. The clinical team consists of 16 physicians and advanced practitioners, with a broader headcount of 51-100 employees. NWOH provides chemotherapy, hormone therapy, cancer immunotherapy (including targeted therapy and anti-angiogenesis therapy), prescription oral medications, and treatment for malignant and benign blood disorders. The practice treats a broad range of cancer types — lung, prostate, breast, gynecologic, colon, bladder, kidney, liver, head and neck, esophageal, leukemia, lymphoma, sarcoma — and offers access to clinical trials and a patient-facing Health Education Library. The practice is QOPI Certified by ASCO, satisfying the Quality Oncology Practice Initiative standards covering treatment planning, chemotherapy orders and drug preparation, safe administration, and patient monitoring.

NWOH generates revenue through professional services billing for outpatient oncology and hematology care, paid primarily via insurance reimbursements and patient pay. The practice operates a sales-led go-to-market: patients enter the practice either through physician referrals or via self-directed contact (phone or Phreesia-based online appointment forms). Distribution is delivered through four physical clinic locations with weekday hours and 24/7 on-call physician coverage, plus a CARESPACE patient portal and online payment systems. Marketing channels include the practice website, Facebook, LinkedIn, Twitter, online scheduling forms, and a Referring Provider Request Form. The practice also maintains hospital affiliations and emphasizes 30+ years of combined clinical experience as a differentiator alongside its QOPI quality certification.

The business is independently owned by its physician partners with no disclosed private equity, venture capital, or parent company involvement, and no disclosed funding rounds, M&A activity, or leadership transitions. NWOH self-describes as one of the largest private oncology practices in Chicago's northwest suburbs. Financials (revenue, profitability, payor mix) are not publicly disclosed.

Name

Northwest Oncology & Hematology

Legal name

Northwest Oncology & Hematology

Website

https://northwestoncology.com

Company type

Private

Founded year

1978

Operating status

Operating

Headcount range

51–100 employees

Short description

Northwest Oncology & Hematology is a private outpatient medical oncology and hematology practice founded in 1978, operating four clinics across Chicago's northwest suburbs and delivering chemotherapy, immunotherapy, hormone therapy, oral medications, and blood disorder treatment to adult cancer and hematology patients.

Ownership category

akta.pro rank

Product category

Oncology and Hematology Medical Services

NAICS

Offices of Physicians (62111), Outpatient Care Centers (6214)

SIC

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

akta.pro primary industry

Medical Oncology (HLAKAFAB)

akta.pro secondary industries

Ambulatory Oncology Centers (Outpatient Chemo/Radiation) (HLAFABAI), Medical Hematology (Benign Hematology) (HLAKAFAA)

Keywords

• Oncology medical services
• Hematology treatment
• Cancer care services
• Chemotherapy infusion
• Blood disorder treatment

Headquarters

HQ city

Rolling Meadows

HQ country

United States

HQ region

North America

Offices4 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 Oncology and Hematology Services: The practice generates revenue through the delivery of oncology and hematology medical services, including chemotherapy, hormone therapy, immunotherapy, and oral medication administration. Revenue is derived from insurance reimbursements, patient payments, and related medical billing for outpatient clinical services.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Northwest Oncology & Hematology is a private outpatient oncology and hematology practice delivering chemotherapy, hormone therapy, cancer immunotherapy, oral medications, and treatment for malignant and benign blood disorders. Care is provided by board-certified cancer specialists across four Illinois clinic locations (Rolling Meadows, Elk Grove Village, Hoffman Estates, and Barrington) with access to clinical trials, QOPI-certified quality standards, and 24/7 on-call physician coverage.

Product overview

Northwest Oncology & Hematology is a healthcare practice providing comprehensive cancer care and hematology services. The practice offers a unified portfolio of treatment services centered around its core oncology offerings: Chemotherapy, Hormone Therapy, Cancer Immunotherapy, treatment for Malignant & Benign Blood Disorders, and Oral Medications. The Health Education Library serves as a patient education resource providing information on cancer types, diagnostic procedures, and treatment options. The practice has four office locations in Illinois (Rolling Meadows, Elk Grove Village, Hoffman Estates, and Barrington) serving the northwest suburban Chicago area since 1978.

Differentiator

Problem solved

Functional benefit

Products and services

• Chemotherapy Chemotherapy service using natural or manufactured drugs to weaken and destroy cancer cells at the original cancer site and any cells that have spread, delivered to patients at NWOH's Illinois clinic locations.
• Hormone Therapy
• Cancer Immunotherapy
• Malignant and Benign Blood Disorders Treatment
• Oral Medications

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• American Society of Clinical Oncology (ASCO)flagshipOthers · 1 January 2010Northwest Oncology & Hematology has been recognized by the Quality Oncology Practice Initiative (QOPI) Certification Program, an affiliate of the American Society of Clinical Oncology (ASCO). ASCO is the world's leading professional organization representing physicians who care for people with cancer, with more than 30,000 members. ASCO's QOPI program is a voluntary self-assessment and improvement program launched in 2006, and the QCP certification program was launched in January 2010. NWOH's QOPI certification demonstrates the practice meets rigorous safety measures and the highest standards of care for cancer patients.

Scale indicators3 records

Recent moves5 records

Expansion highlights2 records

Emerging players

• OneOncology: Physician-led community oncology platform partnering with independent practices to provide capital, technology, and back-office scale; directly relevant as both a competitor and a strategic exit partner for NWOH.
• American Oncology Network: PE-backed oncology practice management platform aggregating independent community oncology practices across the U.S.; competes for physician partners and patient referrals in Chicago-area markets and represents both a competitor and a potential acquirer of NWOH.

Direct peers

• The Center for Cancer and Blood Disorders: Independent community oncology and hematology group operating multiple outpatient clinics with a similar service mix (chemo, immunotherapy, hematology, clinical trials); comparable business model and scale to NWOH.
• Illinois Cancer Specialists: Independent community oncology and hematology practice serving the Chicago suburbs with multiple locations, chemotherapy, immunotherapy, and clinical trials — directly comparable in service mix, geography, and target patient base to NWOH.
• Arizona Oncology: Multi-site community oncology and hematology practice providing chemotherapy, immunotherapy, and clinical trials through a regional clinic network — a structural and operational analog to NWOH in a different geography.

Broad incumbents

• Northwestern Medicine: Major Chicago-area academic health system with extensive oncology service lines; competes with NWOH for cancer patients in the northwest suburbs and is a likely acquirer of independent practices.
• US Oncology Network (McKesson): One of the largest U.S. community oncology networks, now part of McKesson, providing practice management, drug distribution, and technology to affiliated practices; a scaled incumbent against which NWOH competes for trials and physician talent.
• Cancer Treatment Centers of America (City of Hope): Nationally branded cancer care network now part of City of Hope; competes for high-acuity oncology patients in the Chicago region and offers a comparable portfolio of chemo, immunotherapy, and clinical trials.
• Advocate Health Care: Large regional health system operating hospitals and outpatient oncology services throughout the Chicago metro, overlapping geographically with NWOH and frequently acquiring independent oncology groups.

Regional players

• Fort Wayne Medical Oncology and Hematology: Multi-physician independent community oncology and hematology practice serving northeast Indiana; comparable in service mix and physician-owned independent model, though operating in a different regional market.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/NorthwestOncology
• LinkedInlinkedin.com/company/1144208
• Xx.com/NWOncologyIL

Compliance1 record

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 Northwest Oncology & Hematology