Exhibit 99
                                                       PRESS RELEASE
                                                       Dated November 12, 1996



FOR IMMEDIATE RELEASE:
Contact:  Alan B. Satterwhite, Chief Operating Officer/Chief Financial Officer
          (614) 451-5151
Date:     November 12, 1996


                 KARRINGTON HEALTH, INC. SIGNS LETTER OF INTENT
                         TO ACQUIRE KENSINGTON COTTAGES

Columbus,  Ohio,  November 12,  1996--Karrington  Health,  Inc. (Nasdaq:  KARR),
announced  today  that it has  entered  into a Letter of Intent to  acquire  the
business of Kensington Management Group, Inc. of Golden Valley, Minn. Kensington
operates 10 facilities in 3 states with a total of 323 beds,  principally  under
the name "Kensington Cottages." According to Karrington  management,  Kensington
has focused primarily on assisted living Alzheimer's care and Jon Rappaport, its
CEO and principal shareholder,  has been an active participant and leader in the
national   assisted  living  industry.   Mr.  Rappaport  will  remain  with  the
organization  as  President  of this  new  division  of  Karrington  and will be
primarily responsible for the continued growth and development of new Kensington
homes.

     The purchase price was not disclosed pending the completion of a definitive
Purchase Agreement and due diligence. Karrington intends to finance the purchase
with Karrington  Health,  Inc.  common shares,  cash, and with loans from one or
more third-party lenders. The parties intend to close the transaction during the
first quarter of 1997.

     Richard R. Slager,  CEO and president of Karrington  Health,  Inc.  stated,
"Jon Rappaport,  along with his  organization and people have been a great asset
to the  assisted  living  industry.  Jon  himself  has been the  National  Trade
Association's  Treasurer  since its inception  and is highly  respected by other
assisted living  providers and his peers.  We believe that the Kensington  model
along with the expertise of the Kensington  development and management team will
make a significant  contribution  to Karrington  through  broadening its product
lines and bringing a new innovative,  cost-effective approach to individuals and
families  dealing  with  Alzheimer's   disease  and  other  forms  of  dementia.
Kensington  Cottages  are  a  strong  complement  to  Karrington's  stand  alone
Alzheimer's residence by bringing a product for the smaller community,  moderate
income markets to the Karrington portfolio. We could not be more pleased than to
have Jon and his staff join our team."


                                      -5-



     Since 1980 the Kensington name has earned widespread,  national recognition
as an innovative leader in assisted living dementia care.  Kensington  Cottages'
Specialized  Care  Program has been  developed to meet the unique needs of those
suffering from memory impairments. The model incorporates the latest Alzheimer's
care   research,   with  16   years   of   experience   providing   residential,
service-oriented housing for the frail elderly.

     Karrington  Health,  Inc. is a Columbus,  Ohio based  developer,  owner and
operator  of  licensed   assisted  living   residences  which  provide  quality,
professional   personal  and  health  care  services  for  individuals   needing
assistance   with   activities  of  daily  living  in   dignified,   residential
environments.  The Company is a leader in assisted  living and  provides a broad
range of consulting,  development,  support,  and management  services to health
care providers in the long-term care industry.