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Misys Health Restructures By Selling Two Divisions

CEO SUMMARY: Misys Healthcare Systems of London, England, has sold its diagnostic LIS systems to Vista Equity Partners of San Francisco, California, for $381.5 million. The deal raises several questions, particularly for those labs currently running Misys laboratory information systems (L…

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Bi-Annual Look at Trends Reshaping Clinical Labs

CEO SUMMARY: Among other things, we declare the end to the heyday of the independent commercial lab company which offers a broad test menu to all types of office-based physicians. In its place springs forth the specialty or niche testing laboratory. Small and focused on a specific number …

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Pricing Models and RFP Terms For Web Orders and Results

CEO SUMMARY: Browser-based systems for lab test ordering and results reporting are now offered by a growing number of vendors. Early adopter labs are successfully acquiring these systems and offering them to their physician-clients. In this third installment of our special series, Cory Fi…

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Bio-Reference Labs, Sunquest, Beckman Coulter, Vysis

BIO-REFERENCE LABS REPORTS STRONG GROWTH IN REVENUE & EARNINGS LIKE MOST PUBLIC LAB COMPANIES, the financial news continues to be good at Bio-Reference Laboratories, Inc., based in Elmwood Park, NJ. For second quarter ending April 30, 2001, the lab reported revenues of …

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LIS Sales Decline in 2000 As Labs Shift Emphasis

CEO SUMMARY: THE DARK REPORT’S annual ranking of the Top Ten LIS Vendors reveals that sales of new LIS products declined for the second consecutive year. This is evidence that the influence of multi-hospital health systems is changing the way LIS is purchased and implemented. It is also…

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Dr. Bruce Friedman Identifies Market Dynamics Driving Evolution of Lab Information Services

CEO SUMMARY: Probably no one is better positioned to identify the evolution of laboratory information services than Bruce Friedman, M.D., Professor of Pathology at the University of Michigan Medical School in Ann Arbor. For almost 20 years, he has hosted the pre-eminent meeting in laborat…

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LIS Vendors Moving to Internet

SALES OF LIS SYSTEMS SLOWED DURING 1999 due to concerns about Y2K problems. But the real story in the LIS arena was the impending arrival of technology that takes advantage of the Internet and the Web. Sales champs in THE DARK REPORT’s annual ranking of the Top Ten LIS Vendors for 1999 ar…

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NH Rural Hospital Labs Connecting Via Internet

CEO SUMMARY: Expect the Internet to be a tool for leveling the competitive playing field. Ten rural hospital labs in New Hampshire are now connecting their labs and their outreach physician office clients with a Web-based lab test ordering and results reporting system. The goal is to incr…

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Internet-Based Lab Info Racing Into Marketplace

CEO SUMMARY: It’s another roller coaster ride for clinical laboratories and pathology practices. Within 24 months, virtually all physician offices will be using web-based technology to order lab tests and receive test results. Web-based ordering/reporting of laboratory testing will driv…

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1997 LIS Sales Rankings Topped By Cerner, LabSoft

CEO SUMMARY: Consolidation in the LIS industry continued during 1997. The impact for laboratory buyers is that market share is concentrated among fewer vendors. Over the long term, this reduces choice and leads to an oligopoly-type of market. In the short-term, all LIS companies are compe…

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