Trinity’s suit against Cerner, instigated in 2012, alleged the patient accounting software the hospital purchased from Cerner in 2008 was defective and did not deliver the expected business benefits.
Trinity originally sought $240 million in damages, while Cerner estimated damages should total around $4 million. The final amount was arbitrated in later 2013, but the total settlement amount had not been previously disclosed.
Cerner took the $106 million settlement as a charge against its fourth quarter earnings.
When a settlement was reached, Cerner stated it disagreed with the amount awarded and noted the settlement is “the only material judgment against Cerner in its 34-year history.” According to the SEC filings, Trinity continues to use Cerner products for its clinical solutions.
More Articles on Cerner:
Intermountain to Skip MU Attestation in 2014
Moody’s: 6 Hospitals With Credit Challenges Related to EHRs
Top EHR Vendors by Meaningful Use Attestations
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
