The Vein Specialists

What The Vein Specialists does

The Vein Specialists is a physician-owned private medical practice specializing in the diagnosis and treatment of venous disease, operating from two locations in Bloomington, Illinois (headquarters) and Peru, Illinois. Founded in 2004 by Dr. Kathryn Bohn after her fellowship in Phlebology, the practice was originally incorporated as Illinois Vein Specialists, Bloomington LLC and rebranded to The Vein Specialists in 2024. The practice is staffed by five physicians (Drs. Bohn, Nielsen, Castillo, Grieco, and Couture), all with advanced Phlebology training and prior emergency medicine or surgical experience, supported by a small administrative and clinical team.

The clinical offering centers on minimally invasive, in-office procedures for varicose veins, spider veins, and restless leg syndrome, including Endovenous Laser Ablation (EVLA), ultrasound-guided sclerotherapy, diagnostic duplex ultrasound, and cosmetic sclerotherapy. Treatments are FDA-approved, performed under local anesthesia, and typically allow patients to return to work the next day. Patient acquisition is direct-to-consumer via physician referrals, phone and website inquiry forms, community presence, and an educational blog. Approximately 95% of services are covered by Medicare and major commercial insurance networks (Blue Cross Blue Shield of Illinois, Cigna, Humana, United Healthcare Medicare Advantage, Tricare, Health Alliance, and others), with only ~5% classified as cosmetic and paid out of pocket. Revenue is generated through professional services billing to insurers and patient copays, supported by an athenahealth-powered patient portal and online bill pay system.

Name

The Vein Specialists

Legal name

The Vein Specialists

Website

https://ilveins.com

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

51–100 employees

Short description

The Vein Specialists is a physician-owned Illinois medical practice operating in Bloomington and Peru that diagnoses and treats venous disease — including varicose veins, spider veins, and restless leg syndrome — using minimally invasive in-office procedures such as endovenous laser ablation and ultrasound-guided sclerotherapy, primarily reimbursed through Medicare and commercial insurance.

Ownership category

akta.pro rank

Product category

Vein Treatment Services

NAICS

Offices of Physicians (62111)

SIC

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

akta.pro primary industry

Vascular Medicine (Peripheral Arterial/Venous Disease) (HLAKABAG)

Keywords

• Vein disease treatment
• Varicose vein treatment
• Spider vein treatment
• Phlebology services
• Endovenous laser ablation

Headquarters

HQ city

Bloomington

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Supply Chain, Others

Revenue model

1. Medical Procedure Revenue: Revenue generated from vein treatment procedures including EVLA, sclerotherapy, and diagnostic ultrasound. Ninety-five percent of services are covered by insurance; only five percent is considered cosmetic. Payments collected through insurance billing, Medicare, and patient copays/coinsurance.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

The Vein Specialists is a physician-owned medical practice dedicated to the diagnosis and in-office treatment of venous disease, including varicose veins, spider veins, and restless leg syndrome. Services span diagnostic duplex ultrasound evaluation, minimally invasive procedures such as Endovenous Laser Ablation (EVLA) and ultrasound-guided sclerotherapy, cosmetic sclerotherapy, and gradient compression stockings, delivered across two Illinois clinic locations.

Product overview

The Vein Specialists is a dedicated vein clinic offering a comprehensive range of vein treatment services at two Illinois locations (Bloomington and Peru). The practice provides diagnostic services including Duplex Ultrasound Examination, along with treatment procedures including Endovenous Laser Ablation (EVLA), Sclerotherapy (both standard and Ultrasound Guided), and Compression Stockings. They specialize in treating Varicose Veins, Spider Veins, and Restless Leg Syndrome, with treatments covered by Medicare and most insurance plans.

Differentiator

Problem solved

Functional benefit

Products and services

• Varicose Veins Treatment Office-based diagnosis and treatment of varicose veins — abnormally swollen, large, bluish veins that protrude from the skin surface with a winding or worm-like appearance — addressing pain, aching, heaviness, swelling, and skin changes in adult patients.
• Spider Veins Treatment Treatment for spider veins (telangectasias) — red and purple blood vessels appearing in delicate patches on the legs — typically using sclerotherapy injections, targeting both cosmetic concerns and associated leg aching or cramping.
• Restless Leg Syndrome Treatment Diagnostic evaluation and treatment of Restless Leg Syndrome symptoms — including strong urge to move the legs, tingling, and itching when relaxing or falling asleep — with the goal of identifying venous disease as an underlying cause and treating it accordingly.
• Endovenous Laser Ablation (EVLA) FDA-approved outpatient procedure using ultrasound guidance to thread a thin laser fiber into a diseased vein and deliver pulsed laser heat, collapsing and sealing the vein shut, performed in-office under local anesthesia.
• Sclerotherapy Injection-based treatment in which a tiny needle delivers a sclerosant solution into spider veins or small-to-medium reticular veins, irritating the vein lining and causing the vein to collapse and be reabsorbed by the body; includes cosmetic sclerotherapy for spider veins.
• Ultrasound Guided Sclerotherapy In-office procedure using ultrasound imaging to guide the injection of medication into abnormal veins beneath the skin surface, destroying the vein lining and sealing the blood vessel; primarily used for larger varicose veins.
• Duplex Ultrasound Examination Non-invasive diagnostic exam using sound waves to evaluate valve function and blood flow in leg veins, supporting accurate diagnosis of venous reflux and customized treatment planning.
• Compression Stockings Properly fitted gradient compression stockings offered to temporarily reverse the effects of vein disease and lessen discomfort; many insurers require a trial before approving definitive vein therapy.

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

Ten partnerships are on record, tiered core and minor.

• MedicarecoreOthersIn-network insurance provider covering vein treatment procedures. Medicare is a primary payer for The Vein Specialists, with treatments typically covered for eligible patients.
• Blue Cross Blue Shield of IllinoiscoreOthersIn-network commercial insurance provider for vein treatment services in Illinois.
• CignacoreOthersIn-network commercial insurance provider for vein treatment procedures.
• Humana (PPO, Preferred PPO, POS, Choice, Choice Care, National, Gold Plus)coreOthersIn-network insurance provider across multiple Humana plan types for vein treatment coverage.
• HealthLinkcoreOthersIn-network insurance provider for vein treatment procedures.
• United Healthcare Medicare AdvantagecoreOthersIn-network Medicare Advantage plan provider for vein treatment coverage.
• TricarecoreOthersIn-network military health benefits provider for vein treatment procedures.
• Health Alliance Medicare Advantage PlanscoreOthersIn-network Medicare Advantage provider for vein treatment coverage.
• Advocate Accountable CareminorOthersIn-network accountable care organization for vein treatment services.
• Palmetto/Railroad MedicarecoreOthersIn-network Medicare administrative provider for certain Medicare beneficiaries.

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Center for Vein Restoration: Largest physician-led vein care practice in the U.S., operating dozens of clinics across multiple states offering EVLA, sclerotherapy, and related venous procedures. Directly comparable to The Vein Specialists in clinical scope and reimbursement model, though at significantly greater scale.
• USA Vein Clinics: National multi-site vein clinic network offering in-office treatments including EVLA, sclerotherapy, and diagnostic ultrasound. Closest direct competitor to The Vein Specialists in service mix, patient acquisition model, and insurance-driven revenue structure.
• Metro Vein Centers: Specialty vein clinic group with multiple locations offering EVLA, sclerotherapy, and diagnostic ultrasound. Direct competitor in service mix, target patient segments (varicose/spider veins, RLS evaluation), and in-office outpatient care delivery model.
• Capitol Vein & Laser Centers: Multi-location phlebology practice providing in-office vein treatments including endovenous laser ablation and sclerotherapy. Comparable to The Vein Specialists in specialist-only delivery, procedure mix, and insurance-covered reimbursement approach.
• Inovia Vein Specialty Centers: Multi-location vein specialty practice providing comprehensive diagnosis and treatment of venous disease using EVLT, sclerotherapy, and ultrasound-guided procedures. Comparable in clinical focus and patient population to The Vein Specialists, with a similar specialist-only delivery model.
• VeinInnovations: Multi-site vein treatment practice offering minimally invasive in-office procedures for varicose and spider veins. Comparable specialty-only clinical model and physician-led delivery to The Vein Specialists.
• Vein Clinics of America: Historically one of the largest U.S. vein clinic networks (formerly owned by a national operator) providing physician-delivered vein care including EVLA and sclerotherapy. Direct peer in services, patient segments, and insurance billing model, though now operating with a smaller footprint following ownership changes.

Regional players

• Chicago Vein Institute: Board-certified phlebology practice serving the greater Chicago area, offering EVLA, sclerotherapy, and ultrasound diagnostics. Comparable clinical model to The Vein Specialists with fellowship-trained phlebologists, though focused on a different Illinois metro and not directly competing in the Bloomington-Normal market.
• Palm Vein Center: Specialty vein practice offering endovenous laser treatment, sclerotherapy, and vein diagnostics in an outpatient setting. Comparable service portfolio and physician-led specialty model, though operating in a different regional market.
• Memphis Vein Center: Single-region phlebology practice offering comprehensive vein disease diagnosis and treatment including EVLA and sclerotherapy. Comparable in clinical scope and specialist delivery to The Vein Specialists, though operating in a different geographic market.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/TheVEINSpecialists
• Xx.com/VaricoseVeins2
• LinkedInlinkedin.com/company/the-vein-specialists-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 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 The Vein Specialists