Senior living company loses lawsuit over 2021 ransomware attack
By
Kimberly Bonvissuto
Sep 10, 2024
A national assisted living and memory care operator has lost its lawsuit against a payroll vendor over the 2021 Kronos ransomware attack. A judge dismissed the case last week, pointing to a contract the...
Increasing demand for active adult communities driving higher occupancy rates: NIC
By
Kimberly Bonvissuto
Sep 03, 2024
Longer life expectancy, increased solo aging and changing lifestyle preferences are driving demand for active adult rental properties as occupancy rates soar into the mid-90s, according to the National...
Senior living operators must adapt to market trends to meet demographic shifts, evolving preferences
By
Kimberly Bonvissuto
Sep 19, 2024
Rebounding occupancy, increasing investment and consolidation activity, and the furthering of integrated healthcare models were among the trends senior living experts discussed during an Argentum webinar.
It could happen to you — how to prepare for and mitigate the fallout from a cyberattack
By
Kimberly Bonvissuto
Aug 28, 2024
Everyone thinks they know about cybersecurity, but thinking about the effects a cyberattack could have on an organization should be enough to lose sleep over, according to risk management experts.
‘Alarming’ legal opinion could be ‘detrimental’ to senior living project financing, leaders say
By
Kimberly Bonvissuto
Aug 16, 2024
An “alarming” legal opinion affecting a federal loan program popular with senior living and care organizations could have a “detrimental” effect on maintaining senior living communities and other...
Decision to remain in nursing home business a complicated one for some CCRCs
By
Kimberly Marselas
Aug 21, 2024
Facing unrelenting staffing and reimbursement challenges, a significant share of life plan communities across the country have shed skilled nursing beds since the start of the pandemic.
Senior living continues pandemic recovery with positive returns, increased occupancy
By
Kimberly Bonvissuto
Aug 16, 2024
Senior living posted a positive total return of 0.91% in the second quarter, led by independent and assisted living, according to the National Investment Center for Seniors Housing & Care.
Senior living and care leads record-breaking distress in healthcare sector bankruptcy filings
By
Kimberly Bonvissuto
Aug 14, 2024
Distress levels in healthcare, as measured by the number of bankruptcy filings, had another record-breaking quarter, led by the senior living and care sector, according to the latest Polsinelli-TrBK Distress...
Senior living wages finally stabilizing across core clinical roles: expert
By
Kimberly Bonvissuto
Aug 06, 2024
For the first time in at least three years, wage growth is stabilizing across the core clinical roles in senior living, according to one expert.
‘Most favorable fundamentals ever’ in senior living tee up ‘unprecedented’ growth opportunities:...
By
Kimberly Bonvissuto
Aug 05, 2024
The “most favorable fundamentals ever” in the senior living industry are setting up Ventas for an “unprecedented” multi-year growth opportunity fueled by demographic demand, Chairman and CEO Debra...