The University of Iowa Hospitals and Clinics’ acquisition of Mercy Iowa City remains uncertain after a competing bid was made on Monday. The UI made the initial bid of $20 million to acquire the hospital’s assets, known as a “stalking horse bid.” The UI’s bid set the floor price for all subsequent bids and gained.
Covid seems to spike twice a year but unlike with flu season, not in a predictable pattern. That could be due to the virus, the environment, or the people it is infecting.
The University of Iowa fell in the overall rank for American universities, according to this year’s college rankings from U.S. News and World Report. The UI’s ranking dropped to fifth for writing, tying with other schools while remaining the only public school in the top 10. Brown University, Columbia University, Duke University, and Princeton University.