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A hearing on the sale of Mercy Iowa City was postponed on Friday after a motion was filed by Mercy to push the hearing to a later date because of ongoing, unresolved negotiations over the sale of the hospital. Thad J. Collins, chief judge of the U.S. Bankruptcy Court of the Northern District of Iowa,. ....
Since leaving her job, Pattee has been receiving pension checks. But Mercy Iowa City’s decision last week to file for Chapter 11 bankruptcy and initiate a $20 million sale of its assets to the University of Iowa has her and many other current and former Mercy employees like her wondering whether and for how long that will continue. ....