Edited release
04/06/23
Mercy Iowa City has announced three strategic managerial changes that are effective this week.
Tom Clancy has been appointed president and CEO of Mercy Iowa City by the Board of Trustees. Dr. Clancy is the Chair of the Board and has a long history with Mercy. He worked at Mercy Iowa City as a nurse in the 1990s and lives in Iowa City.
Dr. Clancy previously served as a Clinical Professor and Associate Dean at the University of Minnesota School of Nursing (UM SON) and was responsible for facilitating corporate and community partnerships.
Mercy has also hired management and advisory firm ToneyKorf Partners, LLC to develop and implement a plan to improve Mercy Iowa City’s operations. The firm has worked with Mercy Iowa City for the past few months on forecasting cash flow. Mark Toney, co-founder and Senior Managing Director of ToneyKorf Partners, will help lead the organization as it assesses strategic options and new affiliations.
Finally, MercyOne will enter into a transition from the current Management Services Agreement with Mercy Iowa City that started in 2017. Mike Trachta, MercyOne Vice President of Network Affiliates, will no longer be serving as the Interim President of Mercy Iowa City. MercyOne will work with Mercy Iowa City on the transition of other services provided.
Town hall-style meetings were held Wednesday at Mercy Iowa City to inform physicians and staff of the changes.