AFFILIATED PODIATRISTS, LTD.

What AFFILIATED PODIATRISTS, LTD. does

Affiliated Podiatrists, Ltd., doing business as The Bunion Institute of Illinois, is a Chicago-based podiatric medical practice founded in 1950 by Dr. Harold Feder. The practice operates three clinical locations across Chicago neighborhoods (Edgebrook, Portage Park, and Francisco) and is currently staffed by four clinicians — Drs. Joel Feder, Marc Feder, Jason Kalk, and Jacob (Jake) Richey — supported by approximately eight full-time administrative and clinical staff. It serves individual patients presenting with foot and ankle conditions and has operated continuously for three generations of the Feder family.

The practice's service catalog combines conventional podiatric medicine with several device-based modalities: MLS Class IV Laser Therapy, PinPointe FootLaser (the first deployment in Chicago), EPAT shockwave therapy, computer-linked gait scanning using a 4,000-sensor pressure mat, and custom 3D-printed orthotics designed through an iPad application. It also offers diabetic foot care and partners with Total Rehab to provide on-site physical therapy services, effectively extending the practice's scope into adjacent rehabilitation workflows.

Affiliated Podiatrists generates revenue as a private, fee-for-service medical practice accepting insurance reimbursement alongside FSA/HSA payments and direct patient fees for elective procedures and orthotics. The business is privately held by the operating clinicians with no external venture capital or private equity sponsorship. Customer acquisition is driven by neighborhood presence, physician referrals, and long-tenured patient relationships rather than paid marketing at scale, and the practice's economic model is anchored to recurring diabetic foot care, custom orthotics, and laser-based procedure revenue.

Name

AFFILIATED PODIATRISTS, LTD.

Legal name

Affiliated Podiatrists LTD

Website

https://aplfeet.com

Company type

Private

Founded year

1950

Operating status

Operating

Headcount range

11–50 employees

Short description

Affiliated Podiatrists, Ltd., operating as The Bunion Institute of Illinois, is a privately held Chicago-based podiatric medical practice with three clinic locations, four clinicians, and a service catalog spanning MLS laser therapy, EPAT shockwave, gait scanning, and 3D-printed custom orthotics.

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)

Keywords

• Podiatry medical services
• Foot and ankle care
• Laser therapy treatment
• Custom orthotic devices
• Diabetic foot care

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Podiatric Medical Services: Revenue from office visits, examinations, treatments, and procedures for foot and ankle conditions. Services include laser therapies, EPAT treatments, custom orthotics, and surgical interventions.
2. Insurance and FSA/HSA Payments: Practice accepts insurance from multiple providers. Also accepts Flexible Spending Account (FSA) and Health Savings Account (HSA) payments for treatments.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels6 records

Core offering

Affiliated Podiatrists, Ltd. is a Chicago-based podiatric medical practice offering comprehensive foot and ankle care, including MLS Laser Therapy for pain management, PinPointe FootLaser for toenail fungus, EPAT shockwave therapy for soft tissue injuries, custom 3D-printed orthotics, computer-linked gait scanning, diabetic foot care, and general podiatric treatments across three Chicago office locations.

Product overview

AFFILIATED PODIATRISTS, LTD. is a Chicago-based podiatry practice offering comprehensive foot and ankle care. Their core services include treatment of various foot conditions (bunions, plantar fasciitis, ingrown toenails, etc.) supported by specialized therapeutic technologies: MLS Laser Therapy for pain management and healing, PinPointe FootLaser for toenail fungus treatment, and EPAT shockwave therapy for soft tissue injuries. The practice also provides custom 3-D printed orthotics, computerized gait scanning for diagnosis, diabetic foot care, and on-site physical therapy through a Total Rehab partnership.

Differentiator

Problem solved

Functional benefit

Products and services

• MLS Laser Therapy FDA-cleared dual laser system that delivers pulses with anti-inflammatory and anti-edema effects on tissues for pain management and accelerated healing of musculoskeletal conditions, for patients with foot and ankle pain and inflammation.
• PinPointe FootLaser FDA-cleared laser treatment specifically designed to painlessly eliminate toenail fungus (onychomycosis) through infrared laser technology in a single office session, for patients suffering from toenail fungus.
• EPAT (Extracorporeal Pulse Activation Treatment) FDA-cleared non-invasive shockwave therapy using acoustic pressure waves to stimulate healing, improve blood circulation, and treat soft tissue injuries including plantar fasciitis and Achilles tendonitis, for patients with chronic heel and tendon pain.
• Custom 3D-Printed Orthotics Custom-engineered orthotic inserts created using a proprietary iPad app for digital foot impressions and 3D printing technology for personalized foot support and alignment correction, for patients needing biomechanical support.
• Diabetic Foot Care Comprehensive foot care services for diabetic patients including routine examinations, ulcer prevention, wound care debridement, and custom therapeutic footwear, for patients with diabetes requiring specialized foot management.
• Computer-Linked Gait Scanning Computerized gait analysis using a pressure-sensitive mat with over 4,000 sensors for foot pressure mapping to diagnose conditions and prescribe custom orthotics or surgical repairs, for patients needing biomechanical assessment.
• General Podiatry Services Comprehensive foot and ankle care including treatment for bunions, plantar fasciitis, ingrown toenails, athlete's foot, corns, calluses, hammertoes, heel spurs, warts, neuromas, ankle instability, arthritis, flat feet, metatarsalgia, and pediatric foot conditions, for general patients with foot and ankle problems.

Quantifiable outcome

• Over 80% of patients report significant pain decrease or complete elimination after EPAT treatment
• +2 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Three partnerships are on record, tiered core and minor.

• Total RehabcoreStrategic or Co-development PartnerOn-site physical therapy services provided by Total Rehab at Affiliated Podiatrists office locations. Provides supervised rehabilitation care with doctor input and interaction to help patients meet recovery goals.
• Scholl College ( Rosalind Franklin University of Health Sciences)minorStrategic or Co-development PartnerDr. Harold Feder endowed the Feder Scholarship Award at Scholl College and donated an Orthopedics classroom. Helped facilitate the merger of Scholl College with Rosalind Franklin University in 2001.
• Multiple Insurance ProviderscoreChannel Partner/ Reseller/ DistributorPractice accepts insurance from multiple partnered providers. Updated list of insurance providers available on website. Listed on BCBS (Blue Cross Blue Shield) provider website.

Scale indicators3 records

Recent moves9 records

Expansion highlights4 records

Direct peers

• MK Orthotics & Podiatry: Chicago-area podiatry office offering general foot care, custom orthotics, and advanced therapies; comparable single-specialty podiatric practice serving overlapping Chicago neighborhoods.
• Weil Foot & Ankle Institute: A large multi-location podiatry group headquartered in Illinois with a broad foot and ankle service offering (including laser and orthotics) and a multi-doctor clinical team; directly comparable in specialty, geography (Chicago metro), and operating model.
• Advanced Foot and Ankle Centers of Illinois: Multi-location podiatry practice in the Chicago suburbs offering laser therapies, orthotics, and surgical care; directly comparable service mix and Illinois geography.
• First Step Foot Care: Independent podiatry group in the Chicago area treating common foot and ankle conditions with both conservative and surgical options; comparable specialty practice model in the same metro.
• Midwest Foot and Ankle Centers: Independent multi-doctor podiatry group serving the Chicago metro with conservative and surgical foot/ankle care; comparable as a competing private podiatric practice of similar size and specialty focus.

Broad incumbents

• Foot & Ankle Specialists of the Mid-Atlantic: Multi-state podiatry group providing comprehensive foot/ankle services including laser and orthotics; comparable specialty and service line breadth, though operating primarily outside the Chicago market.
• US Foot & Ankle Specialists: Large multi-state podiatry platform built via roll-up acquisitions; comparable specialty but operates at a much larger scale and is representative of the consolidator competitive threat to independent practices like Affiliated Podiatrists.
• Northwestern Medicine Podiatry: Hospital-affiliated podiatry service within a major Chicago health system; provides foot/ankle care as part of a broader integrated delivery network and represents the system-based competitive alternative to independent practices.

Others

• Rosalind Franklin University Health System / Scholl College Podiatry: Academic podiatry institution affiliated with the practice through the Feder Scholarship Award and Harold Feder's classroom donation; adjacent rather than competitive, but indicative of Affiliated Podiatrists' ties to the podiatric training pipeline in Illinois.
• Cutting Edge Lasers: Manufacturer/supplier of the MLS 6 robotic Class IV laser used by Affiliated Podiatrists; adjacent as a technology enabler whose product roadmap influences the practice's service capabilities.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/Affiliated-Podiatrists-Ltd-
• LinkedInlinkedin.com/company/affiliated-podiatrists-ltd.

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 AFFILIATED PODIATRISTS, LTD.