Texas firm, not UI, wins bid for Iowa City hospital

October 11, 2023 KQRadio State News 0

An investment firm has outbid the University of Iowa in the bankruptcy court auction of Mercy Hospital in Iowa City. Texas-based Preston Hollow Community Capital had invested nearly $42 million in Mercy Iowa City in 2018. Preston Hollow has announced a California company with experience in rehabilitating hospitals around the country will step in and […]