Advanced Foot And Ankle Specialists

What Advanced Foot And Ankle Specialists does

Advanced Foot and Ankle Specialists (AFAAS) is a physician-owned podiatry practice operating four offices across the Chicago metropolitan area — Elgin, Elk Grove Village, Huntley, and the Montclare neighborhood of Chicago, Illinois. The practice is staffed by three board-certified/board-qualified podiatrists: Dr. Craig Halihan, DPM (specializing in wound care, diabetic limb salvage, and trauma/reconstructive surgery), Dr. Haris Khan, DPM (training in sports medicine, complex reconstruction, peripheral nerve surgery, and total ankle replacement), and Dr. Matthew Krouse, DPM (specializing in wound care, trauma, limb salvage, and Ilizarov external fixation). Dr. Halihan and Dr. Krouse are certified in STAR total ankle replacement. The practice reports 120k+ patients served and 16+ years of combined clinical experience, with a 5-star Google rating.

The clinical offering spans 23 distinct medical services covering routine podiatry (ingrown toenails, calluses, athlete's foot, warts), chronic conditions (plantar fasciitis, arthritis, gout, neuromas), acute injuries (fractures, sprains, Achilles tendon injuries), surgical interventions (bunionectomy, hammertoe correction, ankle arthroscopy, total ankle replacement), and disease management services (diabetic foot care, wound care with debridement and offloading, custom orthotics). Underlying technology includes in-office diagnostic X-ray and ultrasound, the Q-Clear Compact Laser System for toenail fungus treatment, and 3D foot scanning with gait analysis for custom orthotic fabrication. The practice holds surgical privileges at five hospital systems: Advocate Sherman, St. Alexius Medical Center, Alexian Brothers Medical Center, Presence St. Joseph Hospital, and Northwestern Huntley Hospital.

Commercially, AFAAS operates a direct-to-consumer professional services revenue model. Patients self-refer or are referred by primary care physicians and discover the practice through search, insurance directories, and word-of-mouth. The practice accepts Medicare Part B, Medicaid, and a range of commercial insurance plans; pricing is not publicly disclosed and varies by service and payer. Marketing is limited to a content-driven website (afaasonline.com) with educational blog content, online appointment booking, and local SEO. The practice is privately held by its three physicians with no disclosed private equity, venture, or corporate ownership.

Name

Advanced Foot And Ankle Specialists

Legal name

Advanced Foot and Ankle Specialists

Website

https://afaasonline.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Advanced Foot and Ankle Specialists is a physician-owned podiatry practice operating four offices in the Chicago metro (Elgin, Elk Grove Village, Huntley, Montclare), staffed by three board-certified podiatrists delivering comprehensive foot and ankle care — from diabetic wound management to surgical interventions — to individual patients on Medicare, Medicaid, and commercial insurance.

Ownership category

akta.pro rank

Product category

Podiatry Services

NAICS

Offices of Podiatrists (621391)

SIC

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

akta.pro primary industry

Foot & Ankle (HLAKALAG)

akta.pro secondary industry

Podiatry & Foot/Ankle Surgery Centers (HLAFAIAL)

Keywords

• Podiatry services
• Foot ankle care
• Diabetic foot care
• Custom orthotics
• Ankle replacement surgery

Headquarters

HQ city

Elgin

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Patient Services Revenue: Revenue generated from providing medical services to patients. Services are billed to insurance or directly to patients. Includes office visits, procedures, custom orthotics, surgical interventions, and treatments like laser therapy.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Advanced Foot and Ankle Specialists is a podiatry practice providing comprehensive foot and ankle medical services across four Chicago-area locations. The practice offers diagnosis, treatment, and prevention of podiatric conditions ranging from conservative care (custom orthotics, physical therapy, medications, injections) to advanced surgical procedures (bunion surgery, ankle replacement, arthroscopy, fracture repair, wound care). Diagnostic and treatment capabilities include in-office X-rays, ultrasound, 3D scanning, and Q-Clear laser therapy.

Product overview

Advanced Foot and Ankle Specialists is a podiatry practice offering comprehensive foot and ankle medical services. The practice provides 23 distinct medical services spanning conservative treatments (orthotics, physical therapy, medications) and advanced surgical/procedural interventions (bunion surgery, arthroscopy, laser treatments, fracture repair). The core offerings include custom orthotics using 3D foot scanning technology, laser treatments using the Q-Clear laser system for toenail fungus, diabetic foot care, wound care with debridement, and full-spectrum surgical services including minimally invasive procedures. The practice emphasizes both conservative and surgical approaches, offering treatments from initial diagnosis through surgical intervention when necessary.

Differentiator

Problem solved

Functional benefit

Products and services

• Plantar Fasciitis Treatment Expert treatment for plantar fasciitis - one of the most common causes of heel pain - offering both conservative and advanced options including physical therapy, custom orthotics, corticosteroid injections, the Tenex procedure, and surgery.
• Foot Injuries Treatment Comprehensive care for foot injuries including fractures, arch pain, sesamoiditis, sprains, and strains, delivered through both nonsurgical and surgical treatments.
• Diabetic Foot Care Specialized foot care for diabetic patients focused on early detection, prevention, and treatment of diabetic-related foot complications including neuropathy, poor circulation, wound care, and limb salvage. Includes the related Diabetic Feet Care service offering nerve damage and circulation management, ingrown toenail care, custom orthotics, and debridement.
• Ingrown Toenail Treatment Treatment for ingrown toenails including conservative options, chemical nail removal, laser treatment, and surgical partial nail removal.
• Custom Orthotics Specially designed prescription medical shoe inserts created using 3D foot scanning and gait analysis, available in rigid, semi-rigid, and soft options to correct foot alignment and improve mobility.
• 3D Foot Scanning and Gait Analysis Computerized 3D scanning and biomechanical gait analysis including walking pattern evaluation and pressure distribution testing to enable precision custom orthotics fabrication.
• Bunion Treatment Comprehensive bunion care including conservative treatments and surgical options such as osteotomy, soft tissue repair, arthrodesis, exostectomy, and minimally invasive bunion surgery.
• Foot and Ankle Fracture Treatment Treatment for all types of foot and ankle fractures from hairline stress fractures to complex breaks, including casting, bracing, and surgical repair with screws, plates, or bone grafts.
• Ankle Pain Treatment Diagnosis and treatment for chronic ankle pain caused by arthritis, sprains, tendinitis, and bursitis, using treatments including RICE protocol, immobilization, steroid injections, orthotics, and arthroscopic surgery.
• Athlete's Foot Treatment Treatment for athlete's foot fungal infection using prescription-strength topical ointments and oral antifungal medications, along with preventive guidance.
• Neuroma Treatment Treatment for foot neuromas including footwear modifications, custom orthotics, corticosteroid injections, and neurolysis procedures.
• Hammer Toe Treatment Treatment for hammertoe ranging from conservative options like footwear changes, orthotics, padding, and exercises to surgical procedures including tendon lengthening, tendon transfer, and joint fusion.
• Heel Pain Treatment Treatment for heel pain primarily caused by plantar fasciitis inflammation, including medications, orthotics, rest, night braces, nerve decompression therapy, and extracorporeal shock wave therapy (ESWT).
• Heel Spur Treatment Treatment for heel spurs (bony protrusions at the base of the heel) using pain medications, rest, night splints, physical therapy, and surgery for severe cases.
• Arthritis Treatment Treatment for foot and ankle arthritis including osteoarthritis, rheumatoid arthritis, and gout, using anti-inflammatory medication, physical therapy, orthotics, and arthroscopic surgery.
• Achilles Tendon Injury Treatment Treatment for Achilles tendon injuries including tendinitis and ruptures using physical therapy, soft tissue mobilization, custom orthotics, anti-inflammatory medication, and arthroscopic surgery.
• Foot Pain Treatment Comprehensive evaluation and customized treatment plans for various causes of foot pain including medications, orthotics, injection therapy, laser therapy, activity modification, and surgery.
• Wart Treatment Treatment for plantar warts using topical medications with salicylic acid, cryotherapy, surgical removal, and laser treatments.
• Gout Treatment Treatment for gout inflammatory arthritis using prescription medications, injection therapy, and dietary planning to reduce purine consumption and prevent attacks.
• Wound Care Expert wound care for foot wounds and ulcers including debridement (removing dead tissue), offloading using orthotics or special footwear, and antibiotic treatment for infected wounds.
• Toenail Fungus Treatment Treatment for toenail fungus (onychomycosis) using topical medications, oral antifungals, and Q-Clear laser treatment that uses heat to eliminate fungal infections.
• Laser Treatment Advanced laser treatments for various podiatric conditions including pain relief using low-level laser therapy, plantar wart removal, and toenail fungus treatment.
• Callus Treatment Treatment for calluses including proper footwear guidance, pumice stone use, foot soaking, addressing underlying deformities, and surgical removal using a blade.
• STAR Total Ankle Replacement Surgery Total ankle replacement surgery performed by Dr. Halihan and Dr. Krouse for qualifying patients, available through surgical privileges at the practice's affiliated hospitals.

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered core.

• Advocate Sherman HospitalcoreStrategic or Co-development PartnerHospital affiliation where podiatrists perform surgical procedures. Advocate Sherman Hospital is a regional medical center in Elgin, Illinois where the practice's podiatrists maintain surgical privileges.
• St. Alexius Medical CentercoreStrategic or Co-development PartnerHospital affiliation where podiatrists perform surgical procedures. St. Alexius Medical Center is a hospital in Hoffman Estates, Illinois where the practice's podiatrists maintain surgical privileges.
• Alexian Brothers Medical CentercoreStrategic or Co-development PartnerHospital affiliation with office location at this facility. Alexian Brothers Medical Center is located in Elk Grove Village, Illinois. The practice has an office suite in the Brock Medical Building on this campus.
• Presence St. Joseph HospitalcoreStrategic or Co-development PartnerHospital affiliation where podiatrists performed surgical residencies. Presence St. Joseph Hospital in Chicago is where Dr. Khan and Dr. Krouse completed their surgical residencies.
• Northwestern Huntley HospitalcoreStrategic or Co-development PartnerHospital affiliation where podiatrists perform surgical procedures. Northwestern Huntley Hospital is located in Huntley, Illinois where the practice's podiatrists maintain surgical privileges.

Scale indicators4 records

Recent moves1 record

Expansion highlights4 records

Direct peers

• U.S. Foot & Ankle Specialists: PE-backed national podiatry platform consolidating independent practices across multiple states. Directly comparable podiatry service offering, multi-location model, and physician partnership approach.
• Foot & Ankle Specialists of the Mid-Atlantic: Multi-location podiatry group serving the Mid-Atlantic region with comprehensive conservative and surgical foot/ankle care. Comparable in scale, physician model, and breadth of services.
• Weil Foot & Ankle Institute: Large multi-location podiatry group also headquartered in the Chicago metro area. Comparable across specialty foot/ankle services, multi-physician model, surgical offering, and Chicago-suburban patient base.
• Ankle & Foot Centers of America: Multi-state podiatry practice network offering comprehensive foot and ankle care across multiple locations. Comparable in physician-driven model and broad service catalog including diabetic foot care.

Broad incumbents

• Illinois Bone & Joint Institute: Large multi-specialty orthopedic group based in the Chicago suburbs that includes foot and ankle specialists. Overlaps with AFAAS on orthopedic foot/ankle care and surgical privileges but operates a much wider musculoskeletal portfolio.
• Advocate Health Care: Major Chicago-area health system where AFAAS physicians hold surgical privileges (Advocate Sherman). Overlaps as a destination for foot/ankle surgical referrals but offers broad multi-specialty care.

Regional players

• Northern Illinois Foot & Ankle Specialists: Multi-physician podiatry practice operating in the northern Illinois / Chicago suburbs. Closely overlapping geography and service mix with AFAAS, representing direct same-region competition.
• Prairie Path Foot & Ankle Clinic: Independent podiatry practice operating in the western Chicago suburbs. Comparable service mix and overlapping catchment area with AFAAS's Elgin/Huntley footprint.
• NextStep Foot & Ankle Clinic: Multi-physician podiatry group serving a similar suburban U.S. market with comparable conservative-to-surgical service line and orthotics offerings.

Others

• Hanger Clinic: National provider of orthotic and prosthetic devices, including custom foot orthotics. Tangentially comparable as a downstream supplier/adjacent provider for custom orthotics services similar to AFAAS's 3D-scanned orthotic offering.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/DrGaryOchwat
• Facebookfacebook.com/563097627043919

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 Advanced Foot And Ankle Specialists