Ahead of the vote, UW system chancellors pleaded with the Regents to approve the deal, arguing their campuses would be further hurt if the deal did not pass.
While some campuses are expected to make small gains in dealing with their structural deficits this year, they re outweighed System-wide by deficits that grow by more than $2 million at
Financially troubled Iowa hospital files for bankruptcy bondbuyer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bondbuyer.com Daily Mail and Mail on Sunday newspapers.
This is a developing story. Check back for updates. University of Iowa Health Care’s acquisition of Mercy Iowa City will quickly move to bankruptcy court following a unanimous vote by the state Board of Regents Tuesday to approve the university’s $20 million bid. UIHC and Mercy will file an agreement with the U.S. Bankruptcy Court.