<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM VENCOR, INC.'S CONDENSED CONSOLIDATED FINANCIAL STATEMENTS FOR THE THREE MONTHS ENDED MARCH 31, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> MAR-31-1997 <CASH> 111,315 <SECURITIES> 0 <RECEIVABLES> 584,253 <ALLOWANCES> (40,218) <INVENTORY> 32,848 <CURRENT-ASSETS> 841,009 <PP&E> 1,792,342 <DEPRECIATION> (438,460) <TOTAL-ASSETS> 2,660,706 <CURRENT-LIABILITIES> 413,319 <BONDS> 1,286,843 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 18,182 <OTHER-SE> 815,301 <TOTAL-LIABILITY-AND-EQUITY> 2,660,706 <SALES> 0 <TOTAL-REVENUES> 680,696 <CGS> 0 <TOTAL-COSTS> 481,554 <OTHER-EXPENSES> 106,358 <LOSS-PROVISION> 3,428 <INTEREST-EXPENSE> 10,660 <INCOME-PRETAX> 55,891 <INCOME-TAX> 21,909 <INCOME-CONTINUING> 33,982 <DISCONTINUED> 0 <EXTRAORDINARY> (2,259) <CHANGES> 0 <NET-INCOME> 31,723 <EPS-PRIMARY> .45 <EPS-DILUTED> .45