Life science venture capital firm Medical Excellence Capital has closed on its $145 million fund.

The healthcare industry and the tech sector have made significant strides in improving patient care, but challenges remain as not all tech vendors that enter the healthcare environment do well, SC Media reported Aug. 22. 

York, Pa.-based WellSpan Health's hospital-at-home program has saved the health system approximately $1.1 million and freed up more than 1,500 hospital bed days.

Brian White, former president of Bon Secours Mercy Health's eastern region, joined procurement services and technology company LogicSource as a managing partner. 

Los Angeles-based health system Cedars-Sinai has chosen 10 health technology startups to participate in its eighth annual accelerator program.

Mobile strategy is more than just having an app for patients to access their EHR.

GV, the venture capital arm of Google parent company Alphabet, has made a bold move into healthcare, investing in dozens of startups — from those specializing in diagnostics to medical devices to health tech — since 2009.

Anyscale, a startup that helps scale artificial intelligence and machine learning applications, has landed $99 million in series C funding, adding to the $100 million it previously netted in the round.

Levee Medical, a medical device manufacturing company for post-prostate cancer surgeries,  has raised $6.6 million in series A financing. 

Healthcare private equity firm Avista Capital Partners has acquired consumer health product manufacturer WellSpring Consumer Healthcare from Audax Private Equity for an undisclosed amount.