Abstract: An apparatus and method are provided for measuring the hematocrit level of blood. The presently preferred embodiment comprises a light emitting device which emits an amount of light into a blood sample. This light travels through the blood sample to two light detecting devices positioned relative to the light emitting device in a predetermined geometry such that light emitted from the light emitting device must travel farther to reach one of the light detecting devices than to reach the other, thereby forming a light path from the light emitting device to one light detecting device which is longer than the path from the light emitting device to the other light detecting device. According to the present invention, the amount of light detected by one of the light detecting devices is regulated so that the amount of light detected is constant. Thereafter, the amount of light detected by the unregulated light detecting device is a linear representation of the hematocrit of the blood in the blood sample.