<ARTICLE> 5 <RESTATED> <CIK> 0000353230 <NAME> OMNICARE, INC <MULTIPLIER> 1 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> MAR-31-1996 <CASH> 318,092 <SECURITIES> 0 <RECEIVABLES> 111,317 <ALLOWANCES> 6,302 <INVENTORY> 34,125 <CURRENT-ASSETS> 471,380 <PP&E> 70,824 <DEPRECIATION> 27,315 <TOTAL-ASSETS> 690,642 <CURRENT-LIABILITIES> 69,271 <BONDS> 84,338 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 67,875 <OTHER-SE> 457,439 <TOTAL-LIABILITY-AND-EQUITY> 690,642 <SALES> 140,165 <TOTAL-REVENUES> 140,165 <CGS> 97,912 <TOTAL-COSTS> 97,912 <OTHER-EXPENSES> 28,105 <LOSS-PROVISION> 1,279 <INTEREST-EXPENSE> 1,506 <INCOME-PRETAX> 13,307 <INCOME-TAX> 5,328 <INCOME-CONTINUING> 7,979 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 7,979 <EPS-PRIMARY> .14 <EPS-DILUTED> .12