Receiver sought for Iowa City hospital that’s alleged to be in a ‘financial freefall’

An Iowa City hospital that is alleged to be in a “financial freefall” and on the brink of financial collapse may soon be placed in receivership. One of the bondholders and biggest lenders for Mercy Hospital-Iowa City went to court on Monday seeking the appointment of a receiver who would take control over the assets … Continue reading Receiver sought for Iowa City hospital that’s alleged to be in a ‘financial freefall’