Mercy Iowa City bankruptcy auction will resume ‘next week’

Mercy Iowa City hospital in Iowa City, Iowa, on Monday, August 7, 2023. The financially struggling hospital has signed a letter of intent with the University of Iowa to be acquired by the university for a proposed $20 million. The hospital and employees would transition to UI Health Care.   (Jim Slosiarek/The Gazette)

IOWA CITY — Two days have handed since Mercy Iowa Metropolis opened an public sale for considerably all its property, and the hospital will head into the weekend with out a new proprietor or operator — notifying a U.S. Chapter choose Friday afternoon the public sale “will resume subsequent week.”

Mercy officers in alerting the courtroom offered no particulars about why the public sale is taking so lengthy and desires to enter subsequent week.

It is a growing story. Test again for extra updates.

Vanessa Miller covers larger training for The Gazette.

Feedback: (319) 339-3158; [email protected]

Leave a Reply

Your email address will not be published. Required fields are marked *