Mercy Foundation funds needed to keep hospital operational

By: Annie Smith Barkalow|October 10, 2023

Mercy Iowa City hospital, pictured Aug. 9, 2023. CREDIT ALEXANDRA OLSEN

Mercy Iowa City has received approval to use funds from its philanthropic foundation, stating that it cannot remain operational without its help.

“Without the additional liquidity provided by the foundation pursuant to the settlement, (Mercy) will be unable to maintain the hospital’s operations in the ordinary course through the consummation of their proposed sale,” stated a motion posted on Oct. 9.

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On July…

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Mercy Foundation funds needed to keep hospital operational

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