<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE SHEETS AND STATEMENTS OF OPERATIONS FOUND ON PAGES 4-6 OF RETIREMENT CARE ASSOCIATES, INC.'S FORM 10-Q FOR THE NINE MONTH PERIOD ENDED MARCH 31, 1998, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> JUN-30-1997 <PERIOD-END> MAR-31-1998 <CASH> 2,298,093 <SECURITIES> 0 <RECEIVABLES> 52,169,007 <ALLOWANCES> 0 <INVENTORY> 10,369,350 <CURRENT-ASSETS> 81,526,450 <PP&E> 160,324,578 <DEPRECIATION> 0 <TOTAL-ASSETS> 291,905,167 <CURRENT-LIABILITIES> 111,040,727 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 2,786,000 <COMMON> 1,479 <OTHER-SE> 22,631,659 <TOTAL-LIABILITY-AND-EQUITY> 291,905,167 <SALES> 31,696,130 <TOTAL-REVENUES> 242,675,728 <CGS> 21,421,123 <TOTAL-COSTS> 21,421,123 <OTHER-EXPENSES> 229,477,290 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 12,880,147 <INCOME-PRETAX> (8,132,685) <INCOME-TAX> (1,340,000) <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (6,792,685) <EPS-PRIMARY> (.47) <EPS-DILUTED> (.47)