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...
Celebrating assisted living
Sep 12, 2024
Ole Lindbo, regional director of operations at The Springs Living and National Center for Assisted Living state leader for the state of Washington, shares how The Springs Living and other providers are...
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...
2 ways to celebrate National Assisted Living Week
By
Lois A. Bowers
Sep 09, 2024
It’s National Assisted Living Week, and McKnight’s Senior Living is celebrating with a panel discussion on Wednesday and a podcast on Thursday. Here’s what you’ll want to know about those events.
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.
Luxury senior living communities can attract younger, active boomers
By
Natalie M. Ruiz, AIA, LEED AP, NCARB, CDT
Sep 09, 2024
For older adults aged 65 to 75, senior living providers have a tremendous opportunity to create communities that empower residents to continue their active lifestyles, embrace new experiences and enjoy...
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.
Don’t wait for a cyberattack
By
John O'Connor
Aug 29, 2024
When it comes to cybersecurity, many senior living operators believe they have things covered. But you might want to reconsider.