"Nursing home bankrupt after cyberattacks blame game." | Cyber Security Peek

Cyber Security Peek

March 22, 2024

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Summary of Nursing Home Bankruptcy

TLDR:

A Midwest nursing home operator declares bankruptcy due to ransomware attack and financial woes caused by cyberattacks.
Proposed Senate bill suggests payment relief for healthcare providers hit by cyber incidents meeting cybersecurity standards.

The Midwest nursing home operator, Peoria, Illinois-based Petersen Health Care, has filed for bankruptcy protection citing financial problems from a ransomware attack and disruptions in payments caused by the recent cyberattack on Change Healthcare. Other issues including effects of COVID-19, recruitment challenges, and inflationary pressures are also contributing to their financial woes. Senator Mark Warner has introduced legislation for advanced payments to healthcare providers impacted by cyber incidents meeting certain cybersecurity standards.

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Priya Patel

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