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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
Mercy Hospital-Iowa City is located at 500 E. Market St. in Iowa City. 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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