Northwest Neurology

Name

Northwest Neurology

Legal name

Northwest Neurology

Website

https://northwestneuro.com

Company type

Private

Founded year

1983

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Neurology Healthcare Services

NAICS

Ambulatory Health Care Services (621), Offices of Other Health Practitioners (6213), Offices of Physical, Occupational and Speech Therapists, and Audiologists (621340)

SIC

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

akta.pro primary industry

General Neurology (HLAKAIAA)

akta.pro secondary industries

Movement Disorders (Parkinson’s, Tremor, Dystonia) (HLAKAIAC), Neuromuscular Medicine (ALS, Myasthenia, Neuropathy) (HLAKAIAD), Cognitive & Behavioral Neurology (Dementia/Memory Disorders) (HLAKAIAH), Neurodiagnostic Centers (EEG/EMG/NCS) (HLAFAKAK), Neurorehabilitation Centers (HLAFAFAH)

Keywords

• Neurology services
• Neurological diagnostics
• Multiple sclerosis treatment
• Infusion therapy services
• Clinical neurology practice

Headquarters

HQ city

Barrington

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, Supply Chain

Revenue model

1. Neurology Consultation and Treatment Services: Northwest Neurology generates revenue through billable medical services including office consultations, diagnostic testing (MRI, EEG, EMG, TCD, sleep studies), and treatments (infusion therapy, botulinum toxin injections). Services are billed to insurance or paid directly by uninsured patients at time of service.
2. Infusion Therapy Services: In-office IV infusion therapies administered by specialized neurology infusion nurses at three locations. Services include multiple sclerosis treatments (Ocrevus, Tysabri), Alzheimer's treatments (Leqembi, Kisunla), migraine treatments (Vyepti), and other neurological infusion therapies.
3. Neurohospitalist Hospital Services: Inpatient neurology, vascular neurology, and neuro-critical care coverage for affiliated hospitals (Advocate Healthcare, AMITA Healthcare, Northwest Community Healthcare), providing continuity of care between hospital and outpatient settings.
4. Diagnostic Imaging Services: On-site MRI, EEG, EMG, and other diagnostic services performed at lower cost than hospitals with faster turnaround times. Images and reports typically available within 1 business day.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels6 records

Core offering

Northwest Neurology is a private practice neurology group delivering comprehensive outpatient and inpatient neurological diagnosis and treatment across eight Chicagoland locations. Its offerings span subspecialty programs (MS Center, Sleep, Movement Disorders, Headache, Epilepsy, Stroke, Neuromuscular, Women's Neurology, Concussion, Neuropsychology, Physical Medicine & Rehabilitation), integrated on-site diagnostic services (MRI, EEG, EMG/NCS, TCD, Carotid Doppler, skin biopsy, home sleep study, neuropsychological testing), and treatments (infusion therapy, botulinum toxin injections, DBS referral, CPAP, social work). The practice also runs a clinical research center and a neurohospitalist program covering affiliated hospital systems.

Product overview

Northwest Neurology is the largest private practice neurology group in Illinois, offering comprehensive outpatient and inpatient neurological care across eight Chicagoland locations since 1983. The practice operates as a unified medical services platform combining subspecialty programs (Multiple Sclerosis Center, Sleep Center, Women's Neurology, Movement Disorders, Headache & Migraine, Epilepsy, Neuromuscular, Stroke, Concussion, Neuropsychology, Physical Medicine & Rehabilitation) with integrated diagnostic services (MRI, EEG, EMG, nerve conduction studies, neuropsychological testing, skin biopsy, carotid Doppler, transcranial Doppler, home sleep studies) and treatment services (infusion therapy, botulinum toxin injections, Deep Brain Stimulation referral, CPAP, social work services). The practice also maintains a clinical research center for trials in MS, Alzheimer's, Parkinson's, ALS, and ataxia, and provides hospital-based neurohospitalist coverage. Digital patient services include a patient portal and telemedicine (televisits) for remote consultations.

Differentiator

Problem solved

Functional benefit

Products and services

• Multiple Sclerosis Center Dedicated subspecialty center recognized by the National Multiple Sclerosis Society and Consortium of Multiple Sclerosis Centers, caring for approximately 2,000 MS patients with on-site infusion therapy, neuropsychological testing, MRI, and nutrition coaching. Cares for all four MS subtypes (Relapsing-Remitting, Primary Progressive, Secondary Progressive, Progressive Relapsing).
• Sleep Center Diagnostic and treatment services for sleep disorders including obstructive sleep apnea, circadian rhythm disorders, restless leg syndrome, narcolepsy, and parasomnias, with home sleep study options available at all offices.
• Infusion Therapy In-office intravenous infusion services at three locations (Lake Barrington, Libertyville, Rolling Meadows) with Saturday hours, offering 15+ infusion therapies for MS, Alzheimer's, migraine, neuropathy, myasthenia gravis, and refractory headache — including Ocrevus, Tysabri, IVIG, Leqembi, Kisunla, and Vyepti.
• Magnetic Resonance Imaging (MRI) High-field 1.5T MRI imaging for brain, spine, pelvis, and extremities at three locations (Lake Barrington, Libertyville, Rolling Meadows) with same-day and Saturday appointments. Reports typically available within one business day at substantially lower cost than hospital facilities.
• Electroencephalogram (EEG) Diagnostic EEG testing for epileptic seizures and brain disorders, including routine EEG (30-40 minutes) and prolonged EEG with video for extended at-home monitoring.
• Electromyography (EMG) and Nerve Conduction Studies EMG and nerve conduction studies to assess nerve and muscle function for conditions including pinched nerves, neuropathy, motor neuron diseases, and muscle disease.
• Women's Neurology Program Specialized neurological care for women addressing menstrual migraine, catamenial epilepsy, neurological care during pregnancy, perimenopause-related symptoms, and oral contraceptive considerations.
• Movement Disorders Program Comprehensive care for Parkinson's disease, Huntington's disease, essential tremor, dystonia, tardive dyskinesia, chorea, tics, and Tourette's syndrome, offering medical management, botulinum toxin injections, BIG and LOUD therapy, Deep Brain Stimulation (DBS) referral, and lifestyle counseling.
• Headache and Migraine Program Specialized headache management including migraine (episodic and chronic), tension headaches, and cluster headaches, with treatments such as CGRP antagonists, Botox injections, gepants, triptans, and infusion therapies.
• Dementia and Memory Clinic Comprehensive dementia evaluation and management for Alzheimer's disease, vascular dementia, Lewy body disease, and frontotemporal lobar degeneration, including complete diagnostic workup and treatment planning.
• Stroke Program Emergency stroke care and management including ischemic, hemorrhagic, and TIA treatment, delivered through neurohospitalist coverage for Advocate Healthcare, AMITA Healthcare, and Northwest Community Healthcare hospitals.
• Concussion Program Diagnosis and management of concussion and post-concussive syndrome for patients ages 14 and up, including a Rapid Access Clinic for concussed workers, veterans, and athletes.
• Neuromuscular Program Evaluation and treatment of peripheral nerve, neuromuscular junction, and muscle disorders including myasthenia gravis, ALS, Guillain-Barre, CIDP, and inflammatory myopathy, using EMG, skin biopsy, and genetic testing.
• Neurohospitalist Program Inpatient neurology, vascular neurology, and neuro-critical care coverage for area community hospitals (Advocate Healthcare, AMITA Healthcare, Northwest Community Healthcare), ensuring continuity of care between hospital and outpatient practice.
• Neuropsychology Program Outpatient neuropsychological evaluations assessing cognitive strengths and weaknesses for neurological conditions, traumatic brain injury, developmental issues, psychiatric disorders, presurgical clearance, and forensic assessments.
• Physical Medicine & Rehabilitation Rehabilitation services focused on spasticity management using botulinum toxins, intrathecal baclofen pump management, and musculoskeletal issues to help patients return to previous functional levels.
• Epilepsy Program Comprehensive seizure disorder and epilepsy evaluation and management with on-site EEG, video-EEG, neuropsychology, and MRI with epilepsy protocol, including vagal nerve stimulator (VNS) adjustments.
• Research Center Clinical trials program specializing in Multiple Sclerosis, Alzheimer's Disease, Parkinson's, Myasthenia Gravis, and Spinocerebellar Ataxia, conducted under supervision of board-certified physicians and trained clinical research staff.
• Botulinum Toxin Injections (Botox) FDA-approved botulinum toxin therapy for chronic migraine, dystonia, hemifacial spasm, torticollis, spasticity, and other movement disorders, administered at all office locations.
• Deep Brain Stimulation (DBS) Surgical treatment option for movement disorders including Parkinson's disease and essential tremor, provided as a referral-based service.
• CPAP Therapy Continuous positive airway pressure therapy for obstructive sleep apnea management.
• General Neurology General neurology services for common neurological symptoms including dizziness, headaches, memory loss, seizures, numbness, and movement abnormalities, applying specialized training to non-surgical treatment of nervous system disorders.
• Social Work Services Outpatient counseling and care coordination for neurological patients and families, including coping skills development, cognitive change navigation, dementia care support, and connection to community resources, delivered by a licensed clinical social worker.
• Home Sleep Study Portable at-home sleep testing equipment available at all offices for convenient sleep disorder diagnosis.
• Carotid Doppler Ultrasound Ultrasound imaging to evaluate carotid arteries and blood flow abnormalities, used to detect stroke risk and vascular conditions.
• Transcranial Doppler (TCD) Non-invasive ultrasound examination of blood flow velocity in brain arteries, performed at the Rolling Meadows office, used to detect emboli, stenosis, and vasomotor reactivity.
• Skin Biopsy for Small Fiber Neuropathy Punch biopsy testing to evaluate intraepidermal nerve fiber density for small fiber neuropathy diagnosis, with specimens sent to Therapath Labs.
• Neuropsychological Testing Comprehensive cognitive and emotional evaluations for neurological conditions, traumatic brain injury, developmental issues, psychiatric disorders, presurgical clearance, and forensic assessments.
• Patient Portal Online platform for patients to manage appointments, access medical records, pay bills, and communicate securely with providers.
• Televisits Virtual healthcare appointments allowing patients to consult with neurologists from home for convenient remote care; offered for both new and existing patients.

Quantifiable outcome

• Approximately 2,000 Multiple Sclerosis patients served at the MS Center
• +2 more outcomes

Named customers8 records

Segments6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Six partnerships are on record, tiered core and major.

• Advocate HealthcarecoreStrategic or Co-development PartnerNorthwest Neurology provides inpatient neurology, vascular neurology, and neuro-critical care coverage for Advocate Healthcare hospital system through their neurohospitalist program, ensuring continuity of care between the hospital and outpatient settings.
• AMITA HealthcarecoreStrategic or Co-development PartnerNorthwest Neurology provides inpatient neurology, vascular neurology, and neuro-critical care coverage for AMITA Healthcare (Ascension) hospital system including Ascension Saint Alexius Medical Center and Ascension Alexian Brothers hospital, where Dr. Sherman helped develop the stroke program.
• Northwest Community HealthcarecoreStrategic or Co-development PartnerNorthwest Neurology provides inpatient neurology, vascular neurology, and neuro-critical care coverage for Northwest Community Healthcare hospital system.
• National Multiple Sclerosis SocietymajorStrategic or Co-development PartnerThe Northwest Neurology MS Center is recognized by the National Multiple Sclerosis Society as a leading Multiple Sclerosis treatment center in Chicago's surrounding suburbs.
• Consortium of Multiple Sclerosis CentersmajorStrategic or Co-development PartnerThe Northwest Neurology MS Center is recognized by the Consortium of Multiple Sclerosis Centers as a center of excellence for MS care and treatment.
• American Heart Association / American Stroke AssociationmajorStrategic or Co-development PartnerThe stroke program at Ascension Saint Alexius Medical Center (where Dr. Sanford Sherman served as medical director) is recognized by the American Heart Association and American Stroke Association and has earned awards for excellence in stroke care.

Scale indicators5 records

Recent moves1 record

Expansion highlights6 records

Others

• U.S. Anesthesia Partners: Private-equity-backed specialty medical practice consolidator in anesthesia — a useful comparable for the operating model and PE-backed roll-up playbook that could be applied to fragmented specialty practices like independent neurology groups.
• Advocate Health: Major regional health system and current hospital partner that also represents a competitive threat if it expands its employed neurology network in the Chicagoland market.
• Privia Health Group: Physician practice platform providing infrastructure, technology, and value-based contracting to medical groups — relevant as a potential capital/operating partner or strategic acquirer for independent specialty practices like Northwest Neurology.
• American Academy of Neurology: Professional society for neurologists that sets clinical guidelines, quality measures, and subspecialty training standards — relevant ecosystem participant shaping the operating environment for any neurology practice.

Direct peers

• Noran Neurological Clinic, P.A. Minnesota-based independent private neurology group with multiple subspecialists, on-site diagnostics, and infusion services — a directly comparable private neurology practice model.
• Dent Neurologic Institute: Large multi-specialty private neurology practice in the Buffalo, NY region offering MRI, infusion, clinical trials, and subspecialty programs similar to Northwest Neurology's integrated model — a directly comparable private neurology platform.
• Raleigh Neurology Associates, P.A. Large independent private neurology practice in the Research Triangle region with subspecialty programs, infusion centers, and diagnostic services — directly comparable independent group practice structure.
• Texas Neurology, P.A. One of the largest independent private neurology practices in Texas providing subspecialty neurology, diagnostics, and infusion services with multiple locations — comparable scale and integrated service model to Northwest Neurology.

Broad incumbents

• Northwestern Medicine Neurology: Academic health-system neurology program based at Northwestern Memorial Hospital — a broader, well-capitalized incumbent with overlapping subspecialty expertise that competes for referrals across the same Chicagoland geography.
• Cleveland Clinic Neurological Institute: National destination neurology program within a major academic health system — a broader incumbent that competes for complex neurology referrals and establishes the care-quality benchmark private practices must match.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Northwest_Neuro
• Facebookfacebook.com/Northwestneuro

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 Northwest Neurology