TROY – Automation Alley has been awarded $45,000 from the Business Accelerator Fund to assist local tech startup Halley Orthopedics.
Halley Orthopedics, recently named Startup of the Year at Automation Alley’s 15th Annual Awards Gala, is improving patient lives and helping transform the U.S. healthcare system with its X10 integrated recovery system for knee patients. X10 accelerates patients’ post-operative rehabilitation and achieves superior results and patient satisfaction with less time and cost. This shift can help reduce the cost of recovery from total knee replacement by 20-30 percent.
Founded by Paul Ewing and Dr. David Halley, Halley Orthopedics has treated more than 1,200 patients since launching to the in-home market in 2013, helping patients recover at a fraction of the time required by conventional physical therapy.
The company is also a participant in Automation Alley’s 7Cs program for advanced manufacturing entrepreneurs.
“The X10 Accelerated Recovery System’s patented technology, telemedicine and a new approach to therapy combine to help patients return to a full active life in weeks, not months, following knee surgery,” said Katie Remus, president and chief operating officer of Halley Orthopedics. “Using telemedicine, we’re able to provide surgeons and healthcare providers the ability to track real-time progress and compliance. This data stream is the single most important element in the effort to continually improve outcomes and lower costs.”
The Business Accelerator Fund is a 21st Century Jobs Fund program managed by the MI-SBDC in partnership with the Michigan Economic Development Corporation and Michigan’s network of business accelerators. The goal of the fund is to provide specialized business acceleration services to companies commercializing advanced technology.
To learn more about Halley Orthopedics and the company’s X10 technology, visit www.x10therapy.com.