<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from Karrington Health, Inc. Form 10-Q for the quarterly period ended September 30, 1996 and is qualified in its entirety by reference to such financial statements. </LEGEND> <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> SEP-30-1996 <CASH> 18,397,677 <SECURITIES> 0 <RECEIVABLES> 1,011,743 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 19,619,939 <PP&E> 40,550,719 <DEPRECIATION> 1,935,696 <TOTAL-ASSETS> 61,984,455 <CURRENT-LIABILITIES> 3,829,170 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 32,025,358 <OTHER-SE> (1,295,443) <TOTAL-LIABILITY-AND-EQUITY> 61,984,455 <SALES> 0 <TOTAL-REVENUES> 6,735,433 <CGS> 0 <TOTAL-COSTS> 4,488,088 <OTHER-EXPENSES> 2,950,348 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 807,510 <INCOME-PRETAX> (1,510,513) <INCOME-TAX> (1,100,000) <INCOME-CONTINUING> (2,610,513) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (2,610,513) <EPS-PRIMARY> (.52) <EPS-DILUTED> (.52)