Without explanation — after a long day in attorney offices in downtown Chicago — Mercy Iowa City at 6:30 p.m. on Wednesday announced the historic auction for its assets as part Chapter 11 bankruptcy proceedings would be continued “to a later date.”
A sale for the assets of Iowa City’s 150-year-old Mercy Hospital was underway in Chicago on Wednesday afternoon — although details about bidders and results weren’t immediately made public.
Mercy Iowa City has received at least one bid to compete with the University of Iowa’s $20 million offer to purchase substantially all its assets as part of the hospital’s Chapter 11 bankruptcy — triggering an auction on Wednesday morning in Chicago.
The state produced a list of high-demand jobs after lawmakers created a new Iowa Workforce Grant and Incentive Program that set aside $6.5 million to motivate students across Iowa’s public universities to fill high-demand jobs.
Andrea Flinn aims to develop educational tools for learning the dialect – spoken in the Levant geographical area of the Middle East that includes Syria, Jordan, Lebanon, Palestine, and Israel – in hopes of improving humanitarian aid to the region and helping immigrants settle and relocate.
Before approving its state appropriations request in advance of the upcoming Legislative session, Iowa’s Board of Regents on Thursday tacked on another $1 million specifically for “extended mental health resources at our three regent universities.”
Dozens of University of Iowa graduate students and supporters shut down the Board of Regents meeting Wednesday afternoon with a raucous protest, during which they demanded a 25-percent “emergency” pay raise.
Two years after Iowa’s Board of Regents gave the University of Iowa permission to build a new 469,000-square-foot hospital on 60 acres of vacant land in North Liberty, regents on Wednesday donned hard hats to tour the highly-technical steel and concrete structure that has emerged from the visionary renderings they first OK’d in September 2021.
As part of Iowa State University’s goal to trim $15 million from its College of Liberal Arts and Sciences by 2025 — in response to waning enrollment, swelling expenses, and other higher education headwinds — the campus last year offered a retirement incentive that has persuaded 17 participants to leave.
New student-focused apartment complexes, which together will add nearly 2,000 beds to the Iowa City rental market, are being built at a time when Iowa’s higher education system is
Taking a cue from last year’s Legislature, Iowa’s public universities for the upcoming session have made significant “special purpose” funding requests that would focus on rural health care, rural development and teacher recruitment.
Bondholders demand the foundation ‘effectively empty the coffers’
The University of Iowa next week will ask the Board of Regents to give various forms of approval for up to $180 million worth of construction in the coming months and years — including a new $20 million gymnastics and spirit squad training center and an updated Hawkeye football team locker room.
Receiving no increase in general education funding from the Legislature in its last session, Iowa’s Board of Regents for the upcoming term has more than halved its ask from last year’s $32 million to $14.8 million.
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