Community Health Systems, Franklin, Tenn., said in a securities filing that it is canceling a $1.2 billion information technology contract with Perot Systems that Triad Hospitals signed in January 2006. The decision, effective Dec. 31, is the latest change that Community has made since it acquired Triad in July for
$6.98 billion. Perot said in a news release that Community will pay a termination fee and reimburse Perot for some shutdown costs. The contract was part of a $1.3 billion IT initiative that Triad started with Perot and McKesson Corp. Community and Perot are negotiating terms of a new arrangement under which Perot would provide systems integration and infrastructure services to Community, according to Perot.