IOWA CITY — Mercy Iowa City is implementing staff reductions, furloughs and other polices for its employees in an effort to cope with the financial impact the hospital as faced in the midst of the ongoing COVID-19 pandemic.The Iowa City-based health care system confirmed to The Gazette this week that it was implementing these cost-cutting measures as a result of the financial impact the hospital as faced in the midst of the ongoing COVID-19 pandemic.The pandemic’s financial impact has been felt across hospitals in Iowa and the entire country.