Kaiser Permanente has reached a new contract settlement with 80,000 workers based in California, effectively averting a scheduled strike in October.

If physicians caring for Medicare fee-for-service patients were all high-value physicians, the federal program could cut healthcare costs by a whopping $286.8 billion from 2020 to 2029, according to UnitedHealth Group. For 2020 alone, Medicare could save more than $20 billion if all physicians were considered high value.

Medicare Advantage premiums are expected to drop 23% from 2018 levels ahead of the new enrollment period, CMS announced, stating that plan choices, benefits and enrollment have increased.

Senator Bernie Sanders (I-VT) has introduced his plan to eliminate $81 billion in medical debt as part of his pitch to become the Democratic presidential candidate.

Catch up on some of the healthcare industry’s most recent investment rounds.

Purdue Pharma, maker of the popular opioid OxyContin, will be allowed to dole out millions of dollars in bonuses to executives as the company declares bankruptcy as part of a $10 billion settlement to resolve thousands of lawsuits against the company for its role in the national opioid abuse and overdose epidemic.

Speaker of the House Nany Pelosi (D-CA) and House Democrats introduced a new bill Sept. 19 aimed at lowering drug prices.

Highly concentrated markets in the commercial health insurance industry are on the rise, leaving millions more Americans with limited choices when it comes to getting coverage, according to the American Medical Association.