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Richard Pratt
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.
On July…
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