1997 LIS Sales Rankings Topped By Cerner, LabSoft

Cerner outsells Meditech in hospital segment, LabSoft repeats in commercial lab market

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 competing aggressively to build market share.

DURING 1997, Cerner Corp. toppled

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