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...
Business briefs, Sept. 10
By
Kathleen Steele Gaivin
Sep 10, 2024
Unionization boosts wages, could be solution to home care turnover … Aegis Living loses lawsuit over 2021 ransomware attack… ThriveWell launches with first service offering, ThriveWell At Home… HUD...
Berkadia surpasses $2 billion in financing for year so far
By
Kathleen Steele Gaivin
Sep 19, 2024
Berkadia Seniors Housing & Healthcare has closed more than $2 billion in sales and financings so far in 2024, the company announced last week. Transactions are on track to surpass an all-time of 520 deals...
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.
Class-action lawsuit targets long-term care management company after data breach hits 80,000 people
By
Jessica R. Towhey
Aug 28, 2024
A long-term care services company has been named in a class action lawsuit over a cyber attack that may have affected almost 80,000 people.
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.
This week could bring FDA approval of fall COVID-19 vaccines
Aug 20, 2024
The approval comes much earlier than last year, when autumn shots were announced in mid-September.
FDA approves updated COVID shots for fall
Aug 22, 2024
Updated shots to shield against COVID-19 infection were approved by the US Food and Drug Administration on Thursday.
‘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...