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University of Iowa’s final bid for Mercy Hospital was $28 million

By The Gazette  
   October 17, 2023

The University of Iowa’s final but unsuccessful bid to win the assets of Mercy Iowa City — as part of its filing for Chapter 11 bankruptcy — was $28 million, plus an additional commitment of at least $25 million in “immediate facility upgrades,” new UI Health Care Vice President for Medical Affairs Denise Jamieson said in a question-and-answer about the unrealized Mercy deal.

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