Indiana Spine Group

Name

Indiana Spine Group

Legal name

Indiana Spine Group

Website

https://indianaspinegroup.com

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

251–500 employees

Ownership category

akta.pro rank

Product category

Specialty Spine Care Services

NAICS

Offices of Other Health Practitioners (6213), Offices of Physical, Occupational and Speech Therapists, and Audiologists (62134)

SIC

Services-Offices & Clinics Of Doctors Of Medicine (8011), Services-Hospitals (8060), Orthopedic, Prosthetic & Surgical Appliances & Supplies (3842)

akta.pro primary industry

Spine (Orthopedic Spine) (HLAKALAE)

akta.pro secondary industries

Orthopedic & Spine Surgery Centers (HLAFAIAG), Orthopedic & Spine Specialty Hospitals (HLAFAHAB), Orthopedic Physical Therapy & Post-Op Rehab (HSADAIAA), Pain Management & Interventional Procedure Centers (HLAFAIAH)

Keywords

• Spine care services
• Neurosurgical spine surgery
• Orthopedic spine surgery
• Physical therapy rehabilitation
• Minimally invasive procedures

Headquarters

HQ city

Carmel

HQ country

United States

HQ region

North America

Offices28 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Clinical Spine Care Services: The primary revenue stream comes from providing comprehensive spine care including consultations, diagnostic procedures, non-surgical treatments (injections, medications, spinal cord stimulators, vertebroplasty), and surgical interventions. Services are billed to insurance plans and include both inpatient hospital procedures and outpatient clinic visits.
2. Physical Therapy Services: Physical therapy services provided at the Carmel location's state-of-the-art physical therapy gym, generating revenue from rehabilitation treatments for spinal conditions.
3. Clinical Research: Revenue may be generated through clinical research activities, trials, and registries including enrollment activities.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Indiana Spine Group provides comprehensive spine care across Indiana, delivering spinal diagnosis, non-surgical treatments (injections, spinal cord stimulators, vertebroplasty, medications), board-certified neurosurgical and orthopedic spine surgery, and physical therapy and personal training. The practice operates more than 25 office locations supported by an affiliated dedicated spine hospital and ambulatory surgery center on its Carmel campus.

Product overview

Indiana Spine Group is a comprehensive spine care practice offering a complete continuum of services for patients with spinal disorders. The organization provides spinal diagnosis, non-surgical treatments (including injections, medications, and minimally invasive procedures), surgical treatments, and physical therapy services. The practice is supported by affiliated facilities including Indiana Spine Hospital (dedicated inpatient spine hospital) and North Meridian Surgery Center (outpatient surgical center). The practice emphasizes a team approach between non-surgical and surgical physicians to ensure patients receive appropriate treatment in a timely manner.

Differentiator

Problem solved

Functional benefit

Products and services

• Spinal Diagnosis Services
• Non-Surgical Treatments Minimally invasive non-surgical spine treatments including specialized injections (steroid/epidural injections and nerve blocks), medications, spinal cord stimulators, vertebroplasty, and complementary therapies for patients who do not require or prefer to avoid surgery.
• Surgical Treatment Board-certified neurosurgical and orthopedic spine surgery, including traditional, minimally invasive, and microsurgery techniques, performed for conditions requiring surgical intervention. Surgeons use robotics, computer-assisted navigation, and motion-preservation procedures, and the practice serves as an FDA clinical trial site.
• Physical Therapy and Personal Training State-of-the-art physical therapy gym at the Carmel location with equipment designed for treating spinal conditions, plus Be In Control (BIC) Specialty Fitness personal training services for rehabilitation and ongoing conditioning.
• Indiana Spine Hospital Dedicated spine hospital affiliated with Indiana Spine Group, providing inpatient surgical care and treatment for spine patients at its Carmel campus.
• North Meridian Surgery Center Ambulatory surgery center affiliated with Indiana Spine Group, providing outpatient surgical procedures for spine patients at the Carmel campus.
• Clinical Research and Trials Clinical research programs and clinical trials enrollment at Indiana Spine Group, including a national FDA trial, advancing spine care treatments and techniques.
• Patient Portal Online patient portal for patients to access medical records, communicate with providers, and manage appointments.

Quantifiable outcome

• Dr. Kevin Macadaeg - First in Indiana to offer the Intracept Procedure for chronic low back pain relief

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Seven partnerships are on record, tiered core, regional and minor.

• Indiana Spine HospitalcoreStrategic or Co-development PartnerIndiana Spine Hospital is an affiliated hospital specializing in spine care located at 13219 N. Meridian Street, Carmel, IN. It is a dedicated spine hospital providing inpatient surgical services for Indiana Spine Group patients.
• North Meridian Surgery CentercoreStrategic or Co-development PartnerAn ambulatory surgery center affiliated with Indiana Spine Group located at 13225 N. Meridian Street, Carmel, IN. Provides outpatient surgical procedures for spine patients.
• Medical Academic CentercoreStrategic or Co-development PartnerLocated at 13225 N. Meridian Street, 3rd Floor, Carmel, IN. Provides professional education and training opportunities related to spine care.
• Hendricks Regional Health HospitalregionalStrategic or Co-development PartnerHendricks Regional Health Hospital in Brownsburg, IN houses the Brownsburg office location at 5492 N. Ronald Reagan Parkway, Suite 1135, Brownsburg, IN 46112.
• Good Samaritan HospitalregionalStrategic or Co-development PartnerGood Samaritan Hospital's Health Pavilion in Vincennes, IN houses the Vincennes office location at 520 S. 7th Street, Floor 1, Vincennes, IN 47591.
• Indiana University School of MedicinecoreStrategic or Co-development PartnerDr. Rick Sasso serves as professor and chief of spine surgery at Indiana University School of Medicine, Department of Orthopaedic Surgery. Academic affiliation providing research and education collaboration.
• University of Pittsburgh Medical CenterminorStrategic or Co-development PartnerDr. Ashwin Madupu completed his Pain Medicine Fellowship at UPMC, representing training partnership between institutions.

Scale indicators1 record

Recent moves11 records

Expansion highlights6 records

Broad incumbents

• Hospital for Special Surgery (HSS): Largest specialty orthopedic hospital in the US with a leading spine surgery service, extensive research output, and fellowship programs. Comparable as a spine destination with academic affiliation, though broader than Indiana Spine Group's regional model.
• Indiana University Health: Indiana's largest academic health system with orthopedic and neurosurgical spine programs. Comparable as a competing provider of surgical and non-surgical spine care in the same Indiana market, though much broader in scope.

Regional players

• OrthoIndy: Indianapolis-based orthopedic specialty group and hospital with spine surgery services, directly competing for patients and surgeons in the same Indiana geography as Indiana Spine Group.
• Midwest Spine Institute: Independent spine specialty practice in Minnesota/Upper Midwest offering surgical and non-surgical spine care. Comparable in scope of services, but operates in a different geography than Indiana Spine Group.

Direct peers

• Texas Back Institute: One of the largest freestanding spine specialty practices in the US, offering surgical and non-surgical spine care plus research. Directly comparable to Indiana Spine Group in being a multi-physician, multi-location spine-only practice with a research and innovation focus.
• Virginia Spine Institute: Integrated spine specialty practice offering surgical, non-surgical, and rehabilitation services with a research institute. Comparable as a vertically integrated, physician-led spine group with strong reputational and innovation positioning.
• Resurgens Orthopaedics: Large multi-specialty orthopedic group with a dedicated spine center across the Southeast. Comparable in offering a spine specialty line within a broader orthopedic platform with multiple offices and affiliated surgical services.
• Rothman Orthopaedic Institute: Large multi-specialty orthopedic group with a dedicated spine surgery division, multiple locations, fellowship training, and affiliated surgical facilities. Comparable in scale, breadth of musculoskeletal services, and academic/teaching affiliations to Indiana Spine Group.
• Twin Cities Spine Center: Physician-owned spine specialty practice in Minnesota offering surgical and non-surgical spine care with a strong fellowship program. Closely comparable as a freestanding, fellowship-driven spine group with multiple offices and a research orientation.
• DISC Sports & Spine Center: Multi-location spine and orthopedic specialty group combining surgical care, non-surgical treatments, and outpatient surgery centers. Comparable as a multi-site, technology-forward spine practice competing for similar patient and physician segments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/pg/indianaspinegroup/reviews/?ref=page_internal
• Xx.com/inspinegroup

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries3 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 Indiana Spine Group