Exhibit 23.2


CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS

To the Boards of Directors
Lab Holdings, Inc. and LabOne, Inc.
Shawnee Mission, Kansas:


We consent to the  incorporation by reference in the  registration  statement on
Form S-4 of Lab  Holdings,  Inc. of our report dated March 8, 1999,  relating to
the  consolidated  balance sheets of Lab Holdings,  Inc. as of December 31, 1998
and 1997,  and the related  consolidated  statements of  operations,  changes in
stockholder's equity, comprehensive income, and cash flows for each of the years
in the three-year  period ended  December 31, 1998,  and all related  schedules,
which report appears in the Lab Holdings, Inc. annual report on Form 10-K of Lab
Holdings, Inc. for the year ended December 31, 1998.

We consent to the incorporation  into the registration  statement on Form S-4 of
Lab Holdings,  Inc. of our report dated January 29, 1999,  except as to note 12,
which is as of March 8, 1999,  relating to the  consolidated  balance  sheets of
LabOne,  Inc. and subsidiaries as of December 31, 1998 and 1997, and the related
consolidated  statements of earnings,  changes in stockholders' equity, and cash
flows for each of the years in the three-year period ended December 31, 1998.


                                                       
s/KPMG LLP
KPMG  LLP
Kansas City, Missouri
April 12, 1999