<ARTICLE> 5 <LEGEND> This schedule contains summary financial information from the financial statements of Laboratory Specialists of America, Inc. and Subsidiary for the nine months ended September 30, 1997 and is qualified in its entirety by reference to such financial statements. </LEGEND> <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> SEP-30-1997 <CASH> 595,195 <SECURITIES> 0 <RECEIVABLES> 3,210,534 <ALLOWANCES> 614,673 <INVENTORY> 110,913 <CURRENT-ASSETS> 4,154,442 <PP&E> 3,375,730 <DEPRECIATION> 1,040,240 <TOTAL-ASSETS> 13,326,905 <CURRENT-LIABILITIES> 3,212,664 <BONDS> 2,491,780 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 3,694 <OTHER-SE> 7,311,667 <TOTAL-LIABILITY-AND-EQUITY> 13,326,905 <SALES> 0 <TOTAL-REVENUES> 9,549,032 <CGS> 0 <TOTAL-COSTS> 4,246,113 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 40,000 <INTEREST-EXPENSE> 152,467 <INCOME-PRETAX> 1,857,508 <INCOME-TAX> 773,923 <INCOME-CONTINUING> 1,083,585 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,083,585 <EPS-PRIMARY> .32 <EPS-DILUTED> .28