The present invention provides a subtalar implant as well as methods of use thereof for the purpose of correcting podiatric disorders such as various types of flat foot conditions relating to the subtalar joint. The subtalar implant is capable of threaded engagement with a positioning element used to position and manipulate the implant during surgical implantation in the sinus tarsi of the foot. The implant is cannulated to receive a guide rod to facilitate final positioning of the implant. Once implanted, the subtalar implant provides anatomical fit with the subtalar joint anatomical structure without the need for indentations to receive osseous tissue growth to anchor the subtalar implant.