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  Amendment  No.  2 to 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 Amendment No. 2 to the Lab
Holdings,  Inc. annual report on Form 10-K/A of Lab Holdings,  Inc. for the year
ended December 31, 1998.

We  consent  to the  incorporation  into  Amendment  No.  2 to 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, and Schedule II thereto.

We also  consent  to the  reference  to our firm in the  Prospectus/Joint  Proxy
Statement of the Registration Statement under the Caption "Experts".



/s/ KPMG  LLP
Kansas City, Missouri
June 17, 1999