Bondholders demand the foundation ‘effectively empty the coffers’
116 3rd St SE
Cedar Rapids, Iowa 52401
Bondholders demand the foundation ‘effectively empty the coffers’
Iowans -- including minors -- can legally buy high-potency marijuana drinks and gummies because of loopholes in state and federal laws, according to leaders in the state’s new Bureau of Cannabis Regulation.
In court filings, prosecutors alleged Justin Mezera “amassed a collection of child pornography that included more than 15,000 images and more than 800 videos of child pornography.”
Mercy Iowa City has arranged tours of its health care facilities next week for potential bidders interested in competing for its assets against the University of Iowa – which last month made an initial “stalking horse” bid of $20 million to buy the 150-year-old community hospital. Also, Mercy pensioners have obtained an attorney to ensure continued payment.
The leading decongestant used by millions of Americans looking for relief from a stuffy nose is no better than a dummy pill, according to government experts who reviewed the latest research on phenylephrine.
The same day in July that Mercy Iowa City’s largest bondholder petitioned a Johnson County judge to appoint a receiver to take control of its operations – a move hospital officials said compelled them to file for bankruptcy days later – a pair of recently terminated Mercy executives also filed suit against their former employer, accusing the hospital of ghosting them and shorting them hundreds of thousands.
One-third of Iowa counties are considered “maternity care deserts” without a hospital or birth center offering obstetric care and without any obstetric providers, according to a 2022 report by the March of Dimes, a nonprofit focused on maternal and infant health.
Mercy Iowa City is facing
Although Mercy Iowa City has agreed to an initial $20 million offer to sell substantially all its assets to the University of Iowa, hospital officials Wednesday told creditors, retirees and others that they didn’t perform any appraisals or assessments of their property before making the deal.
An eastern Iowa psychologist is facing disciplinary charges related to allegations of patient abandonment.
A deal with a consultant shows it could be paid a “success fee” of $250,000 if it arranges a sale to continue Mercy’s health care mission.
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.
Although Mercy Iowa City two weeks ago told participants of its 55-year-old pension plan – via mailed letter – that they will, for now, “continue to receive your monthly pension checks,” hospital leadership Thursday announced the temporary but immediate suspension of three other benefit programs.
That administration published state-level data after announcing 10 prescription drugs whose costs it plans to negotiate for Medicare patients under a new federal law
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