It's actually more commonly what we call a hospital-acquired ("nosocomial" in fancy medical speak) infection, although it's super common in nursing homes as well where many residents are immunocompromised and surrounded by other sick people/potential MRSA carriers. It is resistant to a certain class of antibiotics called beta-lactams (penicillin is like the OG beta lactam), so we commonly use the drug vancomycin which has a different mechanism of action. Problem is, there are also vancomycin-resistant strains, so then we use other drugs like daptomycin or linezolid (especially for pneumonia). So, we do have drugs to treat it, but the problem it takes a while to culture bacteria from the blood, and in that time span we can't just give everyone daptomycin or linezolid or then THOSE will start to become ineffective.
The big problem/killer is that older and sicker patients are more prone to blood-stream infections, which can lead to sepsis. Sepsis is the big ultimate killer, and occurs when your immune system goes crazy trying to fight the infection, leading to the release of molecules called cytokines in the bloodstream. These cytokines cause your blood vessels to get very "leaky", so blood leaves the vessels and goes out into the tissue space. So now you effectively don't have enough blood flow to your organs, and then those organs start to fail, leading to death. Bad stuff.