One of the largest projects in University of Iowa history is facing significant delays while several healthcare projects are on hold.
Despite the Iowa Board of Regents approving the "enabling work" for UI Health Care's new $1.5B inpatient tower, UI Health Care is "adjusting" the project's timeline due to federal health care-related budget cuts.
Over the next decade, the Congressional Budget Office estimates a 10-year reduction of more than $1 trillion for health care. Iowa faces an expected $9.5 billion reduction, according to a KFF analysis of the Congressional Budget Office’s (CBO) latest cost estimate, which UI Health Care says directly impacts several scheduled projects.
While UI Health Care said they are in a "more stable financial position than many other academic health care