Rheumatology Associates of South Florida

What Rheumatology Associates of South Florida does

Rheumatology Associates of South Florida is a private, physician-owned rheumatology specialty practice founded circa 1980-1981 by Dr. Joseph Forstot and Dr. Ira Pardo in Boca Raton, Florida. The practice operates two office locations in Boca Raton and Delray Beach, serving patients across Palm Beach County, Broward County, and surrounding southeast Florida communities. It employs between 11 and 50 staff supporting six board-certified rheumatologists, several of whom hold Affiliate Clinical Professor appointments at Florida Atlantic University's Charles E. Schmidt College of Medicine and maintain privileges at Boca Raton Regional Hospital and Delray Medical Center.

The practice delivers a vertically integrated set of clinical services centered on non-operative management of arthritis, autoimmune disease, and osteoporosis. Core in-office capabilities include digital X-ray, Hologic DXA bone density scanning, on-site phlebotomy and laboratory testing, and an on-site infusion center administering biologics and IV therapies such as Prolia, Reclast, Boniva, Stelara, Remicade, Rituxan, Orencia, Cimzia, Actemra, Simponi Aria, and Benlysta. Sub-brands include the Osteoporosis Diagnostic and Treatment Center (established 1984, the first osteoporosis center in Boca Raton) and the RASF Clinical Research Center, which has participated in FDA-monitored drug trials across rheumatoid arthritis, lupus, psoriatic arthritis, fibromyalgia, Sjogren's syndrome, osteoarthritis, polymyalgia rheumatica, and scleroderma.

Revenue is generated primarily through fee-for-service patient care reimbursed via insurance and patient copayments, supplemented by clinical trial sponsorship revenue. Patient acquisition is driven by primary care physician referrals rather than consumer marketing. The practice also co-founded and supports the Whelton Virshup Creaky Joints Arthritis Clinic, a free clinic serving indigent patients in south Palm Beach and north Broward counties since 1986. The company has no external parent, no venture or private equity ownership, and no public market listing.

Name

Rheumatology Associates of South Florida

Legal name

Rheumatology Associates of South Florida

Website

https://rasf.com

Company type

Private

Founded year

1981

Operating status

Operating

Headcount range

11–50 employees

Short description

Rheumatology Associates of South Florida is a private, physician-owned rheumatology practice in Boca Raton and Delray Beach, Florida, operating since ~1981 with six board-certified rheumatologists delivering arthritis, autoimmune disease, and osteoporosis care including in-office infusion, DXA, and clinical research.

Ownership category

akta.pro rank

Product category

Rheumatology Healthcare Services

NAICS

Offices of Physicians (62111)

SIC

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

akta.pro industry

PRIMARYHLAKAAAJ

Autoimmune/Immune Dysregulation Specialty Clinics

Healthcare & Life Sciences/Specialist Medical Practice/Allergy & Immunology

Keywords

• Rheumatology care
• Autoimmune disease treatment
• Osteoporosis diagnosis
• Infusion therapy
• Bone density scanning

Headquarters

HQ city

Boca Raton

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Patient Care Services: Fee-for-service medical care revenue from office visits, diagnostic imaging (x-ray, DXA scans), laboratory testing, and infusion therapy. Revenue generated through insurance reimbursements and patient co-payments.
2. Clinical Research: Revenue from participation in clinical drug trials. The practice has been involved in trials leading to FDA approval of medications for Rheumatoid Arthritis, Lupus, Psoriatic Arthritis, Fibromyalgia, Sjogren's Syndrome, Osteoarthritis, Polymyalgia Rheumatica, and Scleroderma.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Rheumatology Associates of South Florida is a physician-owned medical practice that diagnoses and treats rheumatic, autoimmune, and musculoskeletal conditions, offering in-office diagnostic imaging (digital X-ray, DXA, ultrasound), laboratory testing, infusion therapy, and clinical research trial participation.

Product overview

Rheumatology Associates of South Florida operates as a single-location medical practice offering rheumatology and musculoskeletal care. The practice provides a unified suite of clinical services including specialty rheumatology consultations, an Osteoporosis Diagnostic and Treatment Center (established 1984), in-house digital imaging (digital x-ray and DXA bone density scanning via Hologic scanner), in-office phlebotomy and laboratory testing, and an on-site infusion center for intravenous medications. The practice also operates the RASF Clinical Research Center conducting FDA-monitored clinical trials. Patients access care through two office locations in Boca Raton and Delray Beach, with new patient registration available via downloadable PDF forms. The practice does not offer a software platform or SaaS product—it is a traditional medical practice delivering healthcare services.

Differentiator

Problem solved

Functional benefit

Brands

• RASF Clinical Research Center: Clinical research center involved in drug trials for autoimmune diseases, involved in trials leading to FDA approvals for treatments of Rheumatoid Arthritis, Lupus, Psoriatic Arthritis, Fibromyalgia, and other conditions.
• Osteoporosis Diagnostic and Treatment Center
• Whelton Virshup Creaky Joints Arthritis Clinic

Products and services

• Rheumatology Consultation and Treatment Specialist evaluation, diagnosis, and ongoing medical management for conditions including rheumatoid arthritis, lupus, osteoarthritis, osteoporosis, gout, psoriatic arthritis, ankylosing spondylitis, scleroderma, vasculitis, Sjögren's syndrome, polymyalgia rheumatica, fibromyalgia, bursitis, and tendinitis. Targeted at adult patients with rheumatic, autoimmune, or musculoskeletal conditions in South Florida.
• Diagnostic Imaging Services In-office digital X-ray, DXA bone density scanning, and musculoskeletal ultrasound services used to diagnose and monitor rheumatic disease activity and bone health. Targeted at patients referred for rheumatic evaluation and ongoing disease monitoring.
• Infusion Therapy Intravenous administration of biologic and specialty rheumatology medications in the office setting. Targeted at patients with autoimmune and inflammatory arthritis requiring ongoing biologic therapy.
• Phlebotomy and Laboratory Testing On-site blood draws and laboratory testing to support diagnosis, medication monitoring, and routine rheumatology care. Targeted at patients requiring regular rheumatologic lab work.
• Clinical Research Trials Participation as a clinical research site in FDA trials, providing patients access to investigational therapies and contributing to drug development. Targeted at rheumatology patients interested in or eligible for investigational therapies.

Named customers3 records

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• Whelton Virshup Creaky Joints Arthritis CliniccoreStrategic or Co-development Partner · 1 January 1986Free arthritis clinic originally founded as Free Arthritis Clinic of South Palm Beach County in 1986, now known as Whelton Virshup Creaky Joints Arthritis Clinic. Serves indigent patient population of south Palm Beach and North Broward counties. Dr. Forstot serves as director and maintains active volunteer role.
• Charles E. Schmidt College of Medicine at Florida Atlantic UniversitycoreStrategic or Co-development PartnerOur physicians are associated with the Charles E. Schmidt College of Medicine at FAU and have an active role teaching medical students and residents. Multiple physicians serve as Affiliate Clinical Professors. This partnership provides teaching mission fulfillment and access to emerging medical knowledge.
• Boca Raton Regional HospitalcoreStrategic or Co-development PartnerAll physicians are on staff at Boca Raton Regional Hospital. Hospital privileges maintained by multiple physicians including Dr. Alboukrek who served as Chief of Medicine (2011-2013) and currently chairs the Medical Staff Excellence Committee.
• Delray Medical CentercoreStrategic or Co-development PartnerPhysicians maintain privileges at Delray Medical Center. Dr. Pardo served as past chief of medicine at DMC.
• International Society for Clinical DensitometryminorOthersDr. Forstot is a founding member of the International Society for Clinical Densitometry, which provides certification and standards for bone density testing.
• Arthritis Foundation Palm Beach CountyminorStrategic or Co-development PartnerDr. Pardo on the board of Arthritis Foundation of Palm Beach County. Dr. Baca is Past President of the Leadership Board of the Palm Beach County Arthritis Foundation.
• HCA Florida Bayonet Point / University of South FloridaminorOthersFellowship training affiliation for rheumatology fellowship program (Dr. Jacobs completed fellowship at HCA Florida Bayonet Point affiliated with USF).

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Cleveland Clinic Rheumatology: Major academic health system with a large rheumatology department offering infusion, imaging, and clinical trials; competes with RASF for tertiary referrals in the broader market.
• HSS - Hospital for Special Surgery: National orthopedic and rheumatology specialty hospital with broad musculoskeletal portfolio, research institute, and infusion services; operates at much larger scale but overlaps in rheumatology and osteoporosis care.

Others

• Option Care Health: National home and alternate-site infusion services provider; competes for biologic infusion volumes through home-based models, a structural risk to office-based infusion centers like RASF's.

Direct peers

• Austin Rheumatology: Independent rheumatology practice offering diagnostic, therapeutic, and biologic infusion services in a regional U.S. market, comparable in service mix and referral-based GTM.
• Colorado Arthritis Associates: Specialty rheumatology practice with infusion center and clinical research program; operates in a regional market with similar physician-owned structure and comprehensive in-office services.
• Rheumatology Associates of New Jersey: Mid-Atlantic rheumatology specialty group with on-site infusion and research, closely mirroring RASF in physician ownership, specialty focus, and integrated service model.
• Arthritis & Rheumatism Associates: Independent multi-physician rheumatology specialty practice offering similar clinical care, infusion, imaging, and clinical research services. Closely comparable in scale, scope, and business model.
• Rheumatology Associates of Long Island: Multi-location rheumatology specialty group providing office-based rheumatology care, infusion therapy, and clinical research, with a similar referral-driven model and academic affiliations.
• Rheumatology Associates of North Texas: Multi-physician rheumatology practice offering infusion therapy and clinical trials, comparable in scale, ownership structure, and office-based specialty care model.

Emerging players

• United Rheumatology: National network organization for independent rheumatology practices providing group purchasing, data benchmarking, and operational support; potential platform partner or competitor for RASF.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Rheumatology Associates of South Florida