Balance Foot & Ankle Wellness Center

What Balance Foot & Ankle Wellness Center does

Balance Foot & Ankle Wellness Center is an independent, physician-led podiatric practice founded in 2017 by Dr. Jennifer Prezioso and headquartered at 14200 Madison Avenue in Lakewood, Ohio. The practice operates five (and as of April 2025, six) physical locations across Northeast Ohio (Lakewood, Chesterland, Concord Township, Medina, Sheffield Village) staffed by ten board-certified physicians and surgeons, and offers a continuum of foot and ankle care spanning preventative wellness exams, diabetic foot care, sports injury treatment, skin and nail conditions, custom orthotics, and reconstructive surgery for conditions including bunions, hammertoes, neuromas, arthritis, fractures, and Charcot Neuroarthropathy.

The clinical technology stack emphasizes in-office diagnostics and treatment: a mi-eye handheld diagnostic scope for intra-articular visualization (positioned as a potential MRI alternative), cloud-based on-site digital X-ray with reduced radiation, diagnostic and procedural ultrasound, AAMI-certified hospital-grade steam sterilization, regenerative medicine via platelet-rich plasma injection therapy, and digital scanning for custom orthotics manufactured through partnerships with Earthwalk Orthotics and Grey Cell Orthotics. Patient-facing infrastructure includes HIPAA-compliant telemedicine via Chiron Health and Doximity, MyChart/Epic EHR access through Cleveland Clinic Quality Alliance membership, online bill payment via InstaMed, electronic intake forms via Formstack, and 24/7 multilingual interpreting through Propio.

Revenue is generated through three streams: fee-for-service clinical and surgical podiatry billed to Medicare, HMOs, PPOs, and patient cost-share; cash-pay medical spa services (The Balance Spa) not covered by insurance; and in-home advanced wound care delivered through Balance at Home in Western Cuyahoga, Lorain, and Medina counties. Adjacent to clinical operations, the practice runs a one-year post-graduate Podiatric Fellowship Program focused on rearfoot/ankle reconstruction, total ankle replacement, and trauma, which serves both as a training pipeline and a long-term talent and referral asset. The company is privately held with no disclosed external investment.

Name

Balance Foot & Ankle Wellness Center

Legal name

Balance Foot & Ankle Wellness Center

Website

https://balancecle.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

Balance Foot & Ankle Wellness Center is an independent podiatric practice founded in 2017 in Lakewood, Ohio, operating six Northeast Ohio locations with ten board-certified physicians and surgeons, delivering comprehensive foot and ankle medical, surgical, orthotic, and wound care services alongside a cash-pay medical spa and in-home wound care program.

Ownership category

akta.pro rank

Product category

Podiatric Medical Services

NAICS

Offices of Podiatrists (621391)

SIC

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

akta.pro primary industry

Foot & Ankle (HLAKALAG)

akta.pro secondary industries

Podiatry & Foot/Ankle Surgery Centers (HLAFAIAL), Foot Care & Callus Treatment Services (HSALACAI)

Keywords

• Podiatric medical services
• Foot and ankle surgery
• Diabetic foot care
• Custom orthotics
• Advanced wound care

Headquarters

HQ city

Lakewood

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Clinical Services: Fee-for-service podiatric medical and surgical services billed to insurance. Accepts Medicare, HMOs, PPOs, and processes primary and secondary insurance claims. Co-pays and balances requested at time of service.
2. Spa Services: Medical spa and pedicure services offered at Balance Spa suite. These services are not covered by insurance and paid out-of-pocket.
3. Balance at Home Services: In-home wound care and advanced services delivered to patients in Western Cuyahoga, Lorain, and Medina counties.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Balance Foot & Ankle Wellness Center is an independent podiatric medical and surgical practice providing comprehensive foot and ankle care including preventative care, diabetic foot care, skin and nail treatment, custom orthotics, advanced wound care, and surgical reconstruction across five Northeast Ohio locations. Services are delivered by ten board-certified physicians and surgeons using state-of-the-art diagnostic and treatment technology, complemented by an in-home wound care program, a medical spa, telemedicine, and a podiatric fellowship training program.

Product overview

Balance Foot & Ankle Wellness Center is a unified podiatric practice offering comprehensive foot and ankle medical and surgical care across five locations in Northeast Ohio. The core offering is the podiatric medical practice which provides diagnosis, treatment, and surgery for conditions including pain, injuries, skin/nail issues, and diabetic foot care. This core is augmented by the Balance Spa for aesthetic wellness services, Balance at Home for in-home wound care, Telemedicine/Video Visits for remote care, and a Podiatric Fellowship Program for medical education. The practice also operates a retail shop selling foot care products and partners with Earthwalk Orthotics and Grey Cell Orthotics for custom orthotics manufacturing. The practice is integrated with MyChart, Chiron Health, and Propio for patient engagement, telemedicine, and language services.

Differentiator

Problem solved

Functional benefit

Products and services

• Foot and Ankle Surgical Treatment Options Surgical intervention for foot and ankle conditions when conservative treatment fails, including procedures for bunions, hammertoes, neuromas, arthritis, fractures, tendon/ligament tears, Achilles tendon pathology, flat foot reconstruction, Charcot Neuroarthropathy, and congenital deformities. Targeted at patients with structural deformities, advanced arthritis, trauma, and chronic conditions referred by other providers.
• Diabetic Foot Care Specialized healthcare for diabetic patients including routine diabetic foot exams, preventative foot care, custom-fit diabetic shoes and inserts, and education on daily foot care practices to prevent complications such as ulcers and amputations. Targeted at diabetic patients requiring ongoing monitoring and preventative management.
• Custom Orthotics Custom orthotic management for foot and ankle conditions including sports-related conditions, generalized pain, flat foot, high arch foot, arthritis, and congenital deformities. Partnered with Earthwalk Orthotics and Grey Cell Orthotics using innovative digital scanning technology and premium materials to create patient-specific orthotic devices.
• Skin and Nails Care Treatment services for skin and nail conditions including corns and calluses, athlete's foot, warts, injured toenails, toenail fungus, ingrown toenails, and dry cracked skin. Targeted at general patients and diabetic patients seeking routine podiatric dermatological care.
• Podiatric Medical Practice Services (Pain and Injuries) Comprehensive foot and ankle medical care including diagnosis and treatment of pain and injuries by specialists and surgeons, with services spanning preventative care, health and wellness, and condition management. Targeted at patients across all age groups presenting with acute or chronic foot and ankle pain and injuries.
• Balance at Home (In-Home Advanced Wound Care) In-home advanced wound care services delivering professional medical care to patients' doorsteps for personalized wound healing treatment. Targeted at homebound and mobility-limited patients in Western Cuyahoga, Lorain, and Medina counties who require ongoing wound management.
• The Balance Spa Boutique-style medical spa offering luxurious pedicures and specialty treatments in private spa suites with medical-grade sterilization standards, organic and natural products, complimentary beverages, and aromatherapy. Overseen by board-certified surgeons. Targeted at patients seeking cosmetic and wellness foot care services not covered by insurance.
• Telemedicine / Video Visits HIPAA-compliant video visit platform enabling providers to evaluate, diagnose, and treat patients remotely for follow-up visits, medication questions, lab/test results, and general consultations, delivered via Doximity and Chiron Health. Targeted at patients who prefer remote care or have difficulty attending in-person appointments.
• Retail Foot Care Products Online shop offering foot care products including Danipro Non-Toxic Nail Polish, The Podiatree Company premium foot care products, Foot Petals comfort solutions with PORON technology, Chagrin Valley Organic Foot Care products, and Powersteps ready-to-wear orthotics. Targeted at consumers seeking physician-recommended foot care products.
• Podiatric Fellowship Program One-year post-graduate podiatric medicine and surgery training program in Northeast Ohio advancing foot and ankle medicine through comprehensive clinical and surgical training, research opportunities, and mentorship with a faculty of board-certified surgeons. Targeted at graduating podiatric residents seeking advanced fellowship training.

Quantifiable outcome

• Podiatry fellowship program training future foot and ankle specialists with focus on rearfoot and ankle reconstruction, total ankle replacement, and trauma

Named customers1 record

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Feature7 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Cleveland Clinic Quality AlliancecoreStrategic or Co-development PartnerMember of Cleveland Clinic Quality Alliance, providing patients access to MyChart patient portal for appointment scheduling, secure messaging with providers, and access to medical records. Represents affiliation with major regional healthcare system.
• Earthwalk OrthoticscoreTechnology or IntegrationPartnership with skilled craftsmen for custom orthotics using high-tech digital software, high-quality materials, and decades of experience to create premium medical devices for patients.
• Grey Cell OrthoticscoreTechnology or IntegrationPartnership for custom orthotics combining innovative digital scanning technology with specialized craftsmanship for patient orthotic and bracing solutions.
• Providence HouseminorGTM or Marketing PartnerCommunity partnership for shoe, sock, and slipper donations at all five Balance locations. Donations support Providence House crisis nursery committed to child abuse prevention and family preservation in Cleveland area.

Scale indicators5 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Upperline Health: PE-backed national podiatry platform with a strong footprint in the Southeast and Midwest, offering comprehensive foot and ankle medical, surgical, and diabetic foot care. Closely mirrors Balance's full-service, multi-physician clinic model.
• US Foot & Ankle Specialists: Multi-state, PE-backed podiatry platform operating dozens of clinics across the Mid-Atlantic and Midwest. Direct comparable in terms of service mix (medical, surgical, orthotics, wound care), multi-physician model, and consolidation strategy.
• Weil Foot & Ankle Institute: Large multi-location podiatric medical and surgical group founded in the Chicago area and expanded across multiple states. Comparable as a doctor-led, multi-office foot & ankle specialty platform with surgical and orthotic capabilities.
• Ankle & Foot Centers of America: Multi-location podiatric practice network offering medical, surgical, and orthotic services across multiple U.S. states. Direct peer in clinic-based podiatry service delivery and physician-led practice structure.

Regional players

• Foot & Ankle Health Group: Multi-location podiatry group operating in Ohio and neighboring states, offering medical and surgical foot and ankle care. Comparable regional peer with similar service scope and patient demographic focus.
• Northern Ohio Foot & Ankle Specialists: Multi-doctor podiatric practice serving the Cleveland/Northeast Ohio market. Direct regional competitor for general and surgical foot & ankle patients in the same geography Balance operates in.

Broad incumbents

• University Hospitals — Podiatry/Foot & Ankle: Regional academic health system in Northeast Ohio offering foot and ankle medical and surgical services. Competes for the same patient pool in the Cleveland metro and represents a potential referral counterparty.
• Cleveland Clinic — Foot & Ankle: Major regional health system with an orthopedic foot & ankle service line. Relevant as an affiliated partner (Balance is in the Cleveland Clinic Quality Alliance) and as a broad incumbent providing overlapping podiatric and orthopedic services in the same Northeast Ohio market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/balancecle
• Facebookfacebook.com/balancecle
• LinkedInlinkedin.com/company/balancecle

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 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 Balance Foot & Ankle Wellness Center