Mercy Iowa City sale to University of Iowa approved

The sale comes after a chaotic months-long debacle involving creditors, pensioners, community health partners, competing bids and decision reversals
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  • CREDIT MERCY IOWA CITY

    University of Iowa’s acquisition of Mercy Iowa City was approved by bankruptcy court on Monday, Nov. 6.

    The University of Iowa released a statement shortly after the approved sale, expressing its satisfaction with the outcome and reiterating its shared goals with Mercy of providing for the community’s health care needs in an accessible and affordable way.

    “At a time when many hospitals nationwide are…

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