Athena GTX pioneers telemedicine applications
DES MOINES, Iowa — Athena GTX designs wireless miniature medical monitors that can save lives and cut the cost of health care.
Athena has developed products for both military and civilian markets with a wide range of applications. Electronic systems small enough for the patient to wear can reduce costs and improve reliability of efforts related to monitor patients in the institutional setting. They can also enhance the effectiveness of telemedicine delivered via video conferencing in areas with limited access. The systems can be life saving for first responders entering into hazardous crisis situations.
Athena is currently testing its telemedicine platform Wi-Med in skilled nursing facilities. The company expects the technology will reduce hospital readmissions while improving the quality of care for patients in remote areas. The company is also evaluating the application in the visiting nurse market.
The company relocated to Des Moines eight years ago. In August, the company moved into new and larger headquarters on the north side of Des Moines in Johnson.
The Iowa Economic Development Authority awarded Athena a loan for $250,000 through the Innovation Acceleration Fund for equipment, key personnel, market planning and entry activities and product refinement.
The Iowa Innovation Acceleration Fund promotes the formation and growth of businesses that engage in the transfer of technology into competitive, profitable companies that create high-paying jobs. The funds are designed to support commercializing research, launching new start-ups and accelerating private investment and industrial expansion efforts that result in significant capital investment.