<DOCUMENT>
<TYPE>EX-23.1
<SEQUENCE>3
<FILENAME>v04600_ex23-1.txt
<TEXT>
                                                                    EXHIBIT 23.1

                    CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS

      We consent to the incorporation by reference in this Registration
Statement of ZYNEX MEDICAL HOLDINGS, INC. on Form SB-2, of our report dated May
21, 2004 (except as to the last paragraph of Note 5, which is as of June 4,
2004), included in Amendment No. 1 of Form 8-K/A, of ZYNEX MEDICAL HOLDINGS,
INC. filed June 15, 2004, on the financial statements of ZYNEX MEDICAL, INC. as
of December 31, 2003 and for each of the two years then ended.


                                       /s/ Gordon, Hughes & Banks, LLP

                                       GORDON, HUGHES & BANKS, LLP

Greenwood Village, Colorado
July 16, 2004

</TEXT>
</DOCUMENT>
