<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM KARRINGTON HEALTH, INC. FORM 10-Q FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> SEP-30-1998 <CASH> 2,873,590 <SECURITIES> 0 <RECEIVABLES> 4,214,413 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 9,741,826 <PP&E> 116,999,424 <DEPRECIATION> 3,240,512 <TOTAL-ASSETS> 139,125,602 <CURRENT-LIABILITIES> 16,929,901 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 33,501,855 <OTHER-SE> (16,811,891) <TOTAL-LIABILITY-AND-EQUITY> 139,125,602 <SALES> 0 <TOTAL-REVENUES> 24,039,639 <CGS> 0 <TOTAL-COSTS> 18,924,027 <OTHER-EXPENSES> 10,877,143 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 4,072,190 <INCOME-PRETAX> (9,833,721) <INCOME-TAX> 0 <INCOME-CONTINUING> (9,833,721) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (9,833,721) <EPS-PRIMARY> (1.44) <EPS-DILUTED> (1.44)