Allscripts Drops Suit Over $300M NYC Hospitals Contract

Law360, New York (March 27, 2013, 3:34 PM EDT) -- Allscripts Healthcare Solutions Inc. has dropped a suit seeking to overturn a $303 million electronic medical records contract that New York City’s public hospital system awarded to one of Allscripts' rivals, it announced Friday, after arguing its bid had been unfairly ignored.

Allscripts said it had discontinued its suit accusing New York City Health and Hospitals Corp. of failing to properly review its proposal for an integrated clinical information system contract, allegedly resulting in a wildly inflated estimate of the total cost of Allscripts' bid and...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.