Senior living hacker sentenced to 20 years for $27 million ransomware attack
By
Kimberly Bonvissuto
Oct 07, 2022
A Canadian man linked to an international network of ransomware attacks affecting the senior living industry during the COVID-19 pandemic has been sentenced to 20 years in prison and ordered to forfeit...
Sign-on bonuses and pay raises undoubtedly are appreciated by staff members at assisted living communities, but they appear to be doing little to stem the industry’s high annual turnover rates.
Former Fed Chair Janet Yellen talks about recession, minimum wage, immigration, entitlements and ‘root...
By
Lois A. Bowers
Sep 13, 2019
Janet Yellen hit on numerous topics Thursday in the opening session of the National Investment Center for Seniors Housing & Care Fall Conference.
Mistrial declared in trial of alleged senior living serial killer
By
Lois A. Bowers
Nov 22, 2021
The judge presiding over the first capital murder trial of alleged senior living serial killer Billy Chemirmir declared a mistrial Friday after jurors continued to be deadlocked 11-1 after two days of...
CareTrust REIT: Fewer ‘meaningful opportunities’ in senior housing
By
Lois A. Bowers
Feb 24, 2020
“There are plenty of assisted living and memory care deals out there right now, but most don’t fit with our or our operators’ objectives. So meaningful opportunities for us in that asset class...
CCRC’s entrance fee policy confuses resident, leads to lawsuit
By
Kathleen Steele Gaivin
Feb 08, 2023
A Tennessee continuing care retirement community is attracting some unwanted attention over an entrance fee policy that is not unheard of in the industry. The case highlights the importance of using clear...
Defibrillator drones beat ambulances to the scene of cardiac arrest, new research shows
By
Aaron Dorman
Nov 28, 2023
Drones could offer emergency relief to heart attack sufferers faster than a traditional ambulance, a new study reveals.
3 keys to reducing turnover in senior living
By
Lois A. Bowers
Jul 11, 2019
Consulting firm Holleran worked with Life Care Services to track engagement and the rate of turnover among 753 employees across 39 senior living campuses over an 18-month period. Here’s what they...
Argentum asks government to address ‘regulatory overreach’ by NLRB
By
Lois A. Bowers
Feb 16, 2017
Congress and the new administration should prioritize addressing the “regulatory overreach” that has occurred via the National Labor Relations Board for the past eight years, Argentum President...
Data breach leaked info on 40 nursing facilities, provider reports
By
Aaron Dorman
Jan 17, 2024
A data breach over the summer may have given hackers access to health records for both residents and staff at 40 nursing homes.