<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from Karrington Health, Inc. Form 10-Q for the quarterly period ended March 31, 1997 and is qualified in its entirety by reference to such financial statements. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> MAR-31-1997 <CASH> 7,990,483 <SECURITIES> 0 <RECEIVABLES> 927,903 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 9,057,976 <PP&E> 62,479,943 <DEPRECIATION> 2,437,638 <TOTAL-ASSETS> 73,059,241 <CURRENT-LIABILITIES> 7,528,636 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 31,984,712 <OTHER-SE> (1,580,091) <TOTAL-LIABILITY-AND-EQUITY> 73,059,241 <SALES> 0 <TOTAL-REVENUES> 3,133,640 <CGS> 0 <TOTAL-COSTS> 2,075,198 <OTHER-EXPENSES> 1,336,838 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> (6,070) <INCOME-PRETAX> (272,326) <INCOME-TAX> 109,000 <INCOME-CONTINUING> (163,326) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (163,326) <EPS-PRIMARY> (.02) <EPS-DILUTED> (.02)