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<TITLE>LabOne, Inc. Form 8-K dated January 14, 2005</TITLE>
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<FONT SIZE=5><STRONG><P ALIGN="CENTER">UNITED STATES SECURITIES AND EXCHANGE COMMISSION</P>
</FONT></STRONG><FONT SIZE=4><P ALIGN="CENTER">Washington, D.C. 20549</P>
</FONT><FONT SIZE=5><STRONG><P ALIGN="CENTER">FORM 8-K</P>
</FONT></STRONG><P ALIGN="CENTER">CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934</P>
<P ALIGN="CENTER">Date of Report: <U>January 14, 2005</P>
</U><P ALIGN="CENTER">Commission file number: 0-16946</P>
<B><U><FONT FACE="Times,Times New Roman" SIZE=5><P ALIGN="CENTER">LabOne, Inc.</P>
</B></U></FONT><P ALIGN="CENTER">10101 Renner Blvd.</P>
<P ALIGN="CENTER">Lenexa, Kansas 66219</P>
<P ALIGN="CENTER">(913) 888-1770</P>
<FONT FACE="Times,Times New Roman"><P ALIGN="CENTER">Incorporated in Missouri</P>
<P ALIGN="CENTER">I.R.S. Employer Identification Number: 43-1039532</P>
</FONT><FONT FACE="Times,Times New Roman" SIZE=2><P>&nbsp;</P>
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<FONT FACE="Times,Times New Roman"><P>Item 1.01.&nbsp;&nbsp;Entry Into a Material Definitive Agreement</P>


<P>On January 14, 2005, the Executive Compensation Committee of the LabOne, Inc. Board of Directors approved the Company's 2005 Management Incentive Compensation Program.  A summary of the 2005 Management Incentive Compensation Program is attached as an exhibit to this Current Report on Form 8-K and is incorporated herein by reference.</P>

<P>Item 9.01.&nbsp;&nbsp;Financial Statements and Exhibits</P>
<P>(c)&nbsp;&nbsp;Exhibits</P>

<P>10.1 LabOne, Inc. 2005 Management Incentive Compensation Program </P>

<P>&nbsp;</P>
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<I><FONT SIZE=5><P ALIGN="CENTER">Signature</I></FONT><FONT FACE="Times,Times New Roman"> </P>
<P ALIGN="CENTER">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.</P>

<P ALIGN="CENTER">&nbsp;</FONT><FONT SIZE=5>LabOne, Inc.</P>
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      <P>Date:&nbsp;&nbsp;January 20, 2005</P></TD>
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      <P>By <U>/s/ <I>Joseph C. Benage</I></U><BR>Joseph C. Benage
      <BR>Executive V.P. and General Counsel
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LabOne, Inc. Form 8-K dated January 14, 2005
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report:
January 14, 2005
Commission file number: 0-16946
LabOne, Inc.
10101 Renner Blvd.
Lenexa, Kansas 66219
(913) 888-1770
Incorporated in Missouri
I.R.S. Employer Identification Number: 43-1039532
Item 1.01.  Entry Into a Material Definitive Agreement
On January 14, 2005, the Executive Compensation Committee of the LabOne, Inc. Board of Directors approved the Company's 2005 Management Incentive Compensation Program.  A summary of the 2005 Management Incentive Compensation Program is attached as an exhibit to this Current Report on Form 8-K and is incorporated herein by reference.
Item 9.01.  Financial Statements and Exhibits
(c)  Exhibits
10.1 LabOne, Inc. 2005 Management Incentive Compensation Program
Signature
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
LabOne, Inc.
Date:  January 20, 2005
By
/s/
Joseph C. Benage
Joseph C. Benage
Executive V.P. and General Counsel