<ARTICLE> 5 <LEGEND> This schedule contains financial information extracted from the consolidated balance sheet and the consolidated statement of income filed as part of the report on Form 10-QSB and is qualified in its entirety by reference to such report on Form 10-QSB. </LEGEND> <CIK> 0000915127 <NAME> PHC, Inc <MULTIPLIER> 1 <CURRENCY> US <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> JUN-30-1998 <PERIOD-START> JUL-1-1997 <PERIOD-END> DEC-31-1997 <EXCHANGE-RATE> 1.000 <CASH> 57,503 <SECURITIES> 0 <RECEIVABLES> 11,385,511 <ALLOWANCES> 2,410,045 <INVENTORY> 0 <CURRENT-ASSETS> 10,434,306 <PP&E> 4,580,462 <DEPRECIATION> 1,160,230 <TOTAL-ASSETS> 20,287,343 <CURRENT-LIABILITIES> 7,482,242 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 54,205 <OTHER-SE> 6,984,617 <TOTAL-LIABILITY-AND-EQUITY> 20,287,343 <SALES> 0 <TOTAL-REVENUES> 10,603,185 <CGS> 0 <TOTAL-COSTS> 11,313,095 <OTHER-EXPENSES> 598,202 <LOSS-PROVISION> 999,249 <INTEREST-EXPENSE> 598,202 <INCOME-PRETAX> (985,765) <INCOME-TAX> 7,200 <INCOME-CONTINUING> (992,965) <DISCONTINUED> (1,021,706) <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (2,014,671) <EPS-PRIMARY> (.41) <EPS-DILUTED> (.41)