With little debate or discord after months of twists and turns and objections a U.S. Bankruptcy Court judge on Monday approved the sale of Iowa City’s only community hospital Mercy Iowa City to the University of Iowa for $28 million.
Of nearly 400 companies or individuals with “nonpriority unsecured claims” against Mercy Iowa City – meaning the hospital owes them money but will pay them back last, if at all, in its bankruptcy restructuring – more than a dozen are litigants who sued and won settlements, awards, or judgments.