CSC Hammers Out Solution Over Contract Dispute
Computer Sciences Corp., has come up with a plan to settle a contract dispute with the United Kingdom's National Health Service, according to published reports. CSC, a powerhouse in the automated health-care solutions arena, was to provide an electronic health records solution for the department. However, the contract has come under scrutiny by the British government; ultimately the dispute caused CSC to write off $1.5 billion. The parties expect the proposal to be reflected in a binding agreement, the company said in a regulatory filing.