Mercy Iowa City's liquidation trust is asking a judge to require MercyOne to accept a $31,000 payment and resolve its claim that has led the two sides to request countless records from one another.

In both defense and attack mode as a lawsuit against it looms, MercyOne has asked a higher court to weigh in on the recent ...

Mercy Iowa City, one of the oldest and longest-running... Skip to Content Mercy IC officially a UI asset after months-long saga. At one point the loser in the bankruptcy auction, the UI now owns the ...

Mercy Iowa City's financial projections revealed that the system’s liquid assets were set to fall below $5 million on Sept. 29, a mark they feel cannot sufficiently maintain full operations.

Mercy Iowa City officials say that in the days following Preston Hollow’s original winning bid, a material disagreement arose regarding the terms of their bid.

A bankruptcy court approved the University of Iowa's purchase of Mercy Hospital in Iowa City on Monday. The Bankruptcy Court for the Northern District of Iowa has officially handed over ownership ...

Mercy Iowa City will likely soon be in the hands of the University of Iowa. After court filings alleged plans to turn Mercy Iowa City into a behavioral health facility, the acquisition could remove ...

Mercy Iowa City officials disputed the allegations made by the investment firm in a statement this week. "In due course, we will address these issues in the Bankruptcy Court," officials said in a ...

The hospital is operating at a "cash burn" of about $2.6 million a month. Mercy Iowa City's own financial projections show that by Sept. 29, its liquid assets are expected to fall to less than $5 ...

Mercy Iowa City has responded to bondholder Preston Hollow Community Capital’s call for the hospital to be placed in a court-appointed receivership.

And so we’ve been very anxious to watch what’s happening with Mercy Iowa City,” Wilson says. Mercy filed for Chapter 11 Bankruptcy, and the hospital would join U-I Healthcare if approved by ...