Home Health & Hospice Weekly News Roundup

Our weekly list of news, reports, and information about home health and hospice care. Learn about new studies, trends, CMS regulations and more.

Thrivent Financial For Lutherans Has $3.15 Million Position in Kindred Healthcare, Inc. (NYSE:KND)

Thrivent Financial For Lutherans reduced its stake in shares of Kindred Healthcare, Inc. (NYSE:KND) by 8.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 324,581 shares of the health services provider’s stock after selling 31,298 shares during the quarter. Thrivent Financial For Lutherans owned 0.35% of Kindred Healthcare worth $3,148,000 as of its most recent filing with the SEC.

Schwab Charles Investment Management Inc. Trims Stake in LHC Group, Inc. (LHCG)

Schwab Charles Investment Management Inc. decreased its holdings in LHC Group, Inc. (NASDAQ:LHCG) by 1.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 112,685 shares of the health services provider’s stock after selling 1,086 shares during the period. Schwab Charles Investment Management Inc. owned about 0.62% of LHC Group worth $6,902,000 as of its most recent SEC filing.

Research Shows Telehealth Service Use, Availability on the Rise

Telemedicine is on the rise as telehealth services are becoming increasingly available to patients across the country, especially among those seeking mental healthcare. FAIR Health, a nonprofit organization, recently released a white paper analyzing the trends involving place of service in recent years, particularly in alternative places of service such as telehealth. The report showed that from 2011 to 2016, telehealth service use increased substantially, especially in rural areas (960 percent). In comparison, telehealth use grew by 629 percent in urban areas, and by 643 percent nationally.

Showcasing the Latest and Greatest in All Things Health IT

HIMSS 2018 consisted of about 43,000 people gathered to explore the work of the biggest and brightest tech powers. Health Information and Management Systems Society, or HIMSS, is a nonprofit organization and has developed one of the most impressive events in North America. Showcasing the latest and greatest in all things health IT (information technology), HIMSS includes cybersecurity, interoperability, AI (artificial intelligence), convergence, data analytics, revenue cycle management, patient engagement, telehealth, FinTech (financial technology tools), remote monitoring and care management, just to name a few.