EXHIBIT 23.1 Independent Auditors' Consent ----------------------------- The Board of Directors Laboratory Corporation of America Holdings: We consent to incorporation by reference in the registration statements (No. 33-29182 and No. 33-43006) as amended, and registration statements (No. 33-55065 and No. 33-62913) on Form S-8 of Laboratory Corporation of America Holdings of our report dated February 16, 1996, relating to the consolidated balance sheets of Laboratory Corporation of America Holdings and subsidiaries as of December 31, 1995 and 1994, and the related consolidated statements of operations, stockholders' equity, and cash flows for each of the years in the three-year period ended December 31, 1995, and the related schedule, which report appears in the December 31, 1995 annual report on Form 10-K of Laboratory Corporation of America Holdings. KPMG Peat Marwick LLP Raleigh, North Carolina March 29, 1996