SECURITIES AND EXCHANGE COMMISSION
                         WASHINGTON, DC 20549-1004
                                     
                                 FORM 10-K
                                     
               ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d)
                  OF THE SECURITIES EXCHANGE ACT OF 1934


               For the fiscal year ended   December 31, 1996
                                     
                     Commission file number    0-16415

                      CUMBERLAND HEALTHCARE, L.P. I-A
          (Exact name of Registrant as specified in its charter)

               Delaware                            59-2660778
      (State or other jurisdiction of          (I.R.S. Employer
      incorporation or organization)          Identification No.)

           880 Carillon Parkway, St. Petersburg, Florida   33716
           (Address of principal executive offices)   (Zip Code)
                                     
    Registrant's telephone number, including area code  (813) 573-3800

     Securities registered pursuant to Section 12(b) of the Act: None
                                     
    Securities registered pursuant to Section 12(g) of the Act: 30,000

                            Title of Each Class
                   Units of Limited Partnership Interest
                              $1,000 per unit

Indicate by check mark if disclosure of delinquent filers pursuant to  Item
405  of  Regulation S-K is not contained herein, and will not be contained,
to  the  best of Registrant's knowledge, in definitive proxy or information
statements incorporated by reference in Part III of this Form 10-K  or  any
amendment to this Form 10-K.   X

Indicate  by  check mark whether the Registrant (1) has filed  all  reports
required to be filed by Section 13 or 15(d) of the Securities Exchange  Act
of  1934  during the preceding 12 months (or such shorter period  that  the
Registrant was required to file such reports), and (2) has been subject  to
such filing requirements for the past 90 days.

                             YES  X        NO

Number of shares outstanding of each of Registrant's classes of securities:

                                                Number of Units
        Title of Each Class                  at December 31, 1996

     Units of Limited Partnership
     Interest:  $1,000 per unit                       30,000

There  is  no  public  market  for the trading  of  partnership  units  and
therefore no market value can be determined.


                    DOCUMENTS INCORPORATED BY REFERENCE

                                   None
                                     
                                     
                                     
                                     
                                              Exhibit Index:  Pages 29 - 32



                                  PART I

Item 1. Business

General Development of Business

    The Registrant is a limited partnership (the "Partnership") composed of
Medical  Investments  Partners (the "General Partner")  and  purchasers  of
Partnership units as the limited partners.  The General Partner is composed
of RJ Health Properties, Inc. and RJ Medical Investors, Inc., both of which
are  wholly-owned  subsidiaries  of  Raymond  James  Financial,  Inc.   The
Partnership was formed under the laws of Delaware and commenced  operations
on March 13, 1986.

Financial Information about Industry Segments

     The Partnership was formed to engage in only one industry segment, the
acquisition  of  nursing homes subject to leases to third  parties.   As  a
result  of  the  bankruptcy of the original lessees  of  the  Partnership's
nursing homes, the Partnership, on an interim basis, became the operator of
the  fourteen nursing homes owned by it pending locating qualified  lessees
for the nursing homes.

Narrative Description of Business

     The  Partnership's  business is to acquire and  lease  nursing  homes,
primarily  through operating leases expected to generate cash distributions
to the Limited Partners from leasing revenues and proceeds from the sale or
other disposition of the nursing homes.

Termination and Dissolution of the Partnership

     On  May  8,  1996, the limited partners approved a plan of liquidation
pursuant  to which the Partnership will be dissolved and its affairs  wound
up  pursuant  to Article XIV of the Limited Partnership Agreement  and  its
assets  be liquidated with the proceeds of such liquidation to be  expended
and  distributed  as required by the Limited Partnership  Agreement.   Upon
distribution of all of the assets of the Partnership, the Partnership  will
be terminated.

Nursing Home Operations

     The  Partnership  owns 99% of Cumberland Healthcare,  L.P.  I-C  which
leased  the  Hillcrest Care Center to Arbor Health Care Company  ("Arbor").
The General Partner owns the remaining 1% of Cumberland Healthcare, L.P. I-
C.   The  lease  provided  for a minimum rent  of  $330,000  per  year  and
additional  rent  of 4% of net revenue.  Total lease payments  were  capped
annually  at $545,000.  The aggregate amount of the rent paid by Arbor  for
the  year  ended December 31, 1996, was $355,994.  Arbor had an  option  to
purchase  the  facility  which  became  effective  February  1,  1995,  and
terminated February 1, 1997, at an amount determined according to the lease
agreement.   Arbor exercised its option to purchase Hillcrest  Care  Center
and  on  September 20, 1996, the purchase was closed with  the  payment  of
$5,750,000 by Arbor to Cumberland Healthcare, L.P. I-C.

     The  Partnership leased Bel Tooren, Imperial, La Habra, Mirada  Hills,
Northwalk,  Rimrock and Sun City (collectively the "LCCA  Homes")  to  Life
Care  Centers  of  America ("LCCA").  The leases with LCCA are  hereinafter
referred  to  as  the  "LCCA Leases".  The LCCA Leases required  an  annual
minimum rent of $2,408,932 for the fiscal year ended May 31, 1996, with  an
annual adjustment based on 6% of the increase in resident service revenues.
The  LCCA  Leases also called for incentive rent based on a 50% sharing  of
LCCA's net profit from the LCCA Homes.  LCCA had an option to purchase  the
LCCA  Homes  beginning  June 1, 1999 and ending December  31,  1999  for  a
purchase  price  equal to the then fair market value  of  the  LCCA  Homes;
provided,  however,  that  the aggregate price  for  all  the  LCCA  Homes,
pursuant  to  the  option, would not be less than  $24,292,000.   The  LCCA
Leases original expiration date was May 2000.  LCCA's obligations under the
LCCA  Leases  were  personally guaranteed by the principal  shareholder  of
LCCA.   During  1994, the Partnership notified LCCA that it  believed  that
LCCA was in violation of certain technical reporting, rent computation  and
other  covenants  of  the LCCA Leases since the reports and  certifications
required to be delivered to the Partnership under the LCCA Leases were  not
in  the  detail  and form required by the LCCA Leases.   LCCA  denied  that
violations or breaches of the LCCA Leases occurred.  The disputes  involved
the accounting methods used by LCCA to calculate whether any incentive rent
was  due.   The  parties disagreed as to what credits and debits  could  be
properly used in making the calculation under the LCCA Leases. The  General
Partner estimated the aggregate amount of the disputes to be $50,000.   The
Partnership  did  not  recognize any of the disputed  amounts  as  revenue.
Resolution  of  the  disputes was a condition precedent  to  both  parties'
obligations  pursuant  to the Purchase Agreement and  was  settled  through
negotiations.  In addition, LCCA had informed the Partnership that  it  was
seeking future rental concessions under the LCCA Leases.

     The  Partnership entered into an agreement with LCCA on August 4, 1995
(the  "Purchase Agreement") pursuant to which LCCA agreed to purchase seven
nursing   facilities  located  in  California  for  a  purchase  price   of
$17,900,000.  The Purchase Agreement required the purchase price to be paid
by LCCA as follows:

(a)   LCCA  would  assume the indebtedness secured by  a  mortgage  on  the
    Rimrock Facility.

(b)   LCCA  would deliver a purchase money note in the amount of $1,000,000
    guaranteed  by its principal shareholder to the Partnership (the  "LCCA
    Note").  The LCCA Note matures on the fifth anniversary of its issuance but
    payment  may be demanded at the option of the Partnership on or anytime
    after  December 28, 1997.  A portion of the accrued interest is payable
    monthly and the balance is due on the maturity of the LCCA Note.  However,
    if the Partnership exercises its right to call the LCCA Note on or after
    December 28, 1997, the accrued interest which would otherwise be due at
    maturity will be canceled; and

(c)   The balance of the purchase price would be paid in cash at closing by
    federal funds wire transfer to the Partnership.

     The  agreement to sell the LCCA Homes to LCCA was subject to Partners'
approval.  Approval  by the Partners' for the sale of the  LCCA  Homes  was
granted May 8, 1996.  On May 29, 1996, the closing of the sale of the  LCCA
Homes  was  finalized.  All lease agreements previously  held  between  the
Partnership and LCCA were terminated.

     Effective  September 19, 1990, the Partnership leased its  Rancho  Los
Padres nursing home to FHP, Inc. ("FHP"), a large California based HMO  and
the  principal subsidiary of FHP International Corporation, for ten  years.
The  lease for Rancho Los Padres required FHP, as lessee, to make a monthly
minimum  lease payment of $22,000 ($264,000 annually) for the  first  year,
$24,500  ($294,000  annually) for the second year,  and  $24,500  plus  the
greater  of the percentage increase of the Medi-Cal rate or consumer  price
index  increase,  but not less than 3% nor more than 8%,  for  years  three
through  ten  of  the  lease.   On October 25, 1995,  a  Lease  Termination
Agreement  was signed by Cumberland Healthcare (Cumberland) and  FHP,  Inc.
relating to FHP - Norwalk f/k/a Rancho Los Padres ( see Note 5 to Financial
Statements)  whereby  Cumberland would receive an early  lease  termination
payment (see Note 11 to Financial Statements).  A Management Agreement  was
also  signed  whereby Cumberland would become the interim operator  of  the
facility.   Pursuant  to  the Lease Termination Agreement,  $1,566,174  was
placed in escrow, and payment was contingent upon Cumberland obtaining  the
appropriate license to operate and maintain the FHP - Norwalk facility.  In
January  1996,  the  State of California - Department  of  Health  Services
issued  a  license  to  Cumberland to operate and  maintain  Pacific  Palms
Skilled Nursing f/k/a FHP - Norwalk f/k/a Rancho Los Padres.  After various
prorations,  working  capital  advances  and  earned  interest,   the   net
distribution  from  the escrow account to Cumberland  was  $1,534,334.   On
October  1, 1995, there was only one resident in FHP - Norwalk  and  as  of
December  31, 1995, there were thirty residents in the facility.   FHP,  as
part  of  the  termination  agreement, agreed to maintain  at  the  nursing
facility  an average census of its members/patients sufficient  to  average
not  less  than five patient days for each day between September 30,  1995,
and  October  1, 1996, at a rate which is essentially $45 per  patient  day
greater  than market rent.  In the event of a sale or subsequent  lease  of
all  or  any interest in Pacific Palms Skilled Nursing prior to October  1,
1996,  the  Partnership was required to pay to the lessee 50% of  the  sale
proceeds  in  excess  of  $1,600,000, up to  a  maximum  total  payment  of
$500,000.

     During  1994  the Partnership refinanced debt secured by  the  Pacific
Palms  Skilled  Nursing facility (see Note 6 to Financial  Statements).   A
substantial portion of the proceeds of the $1,500,000 refinancing was  used
to  reduce other debt of the Partnership having a higher interest rate.  In
January  1995, $500,000 of the proceeds of this loan was used to repay  the
Raymond  James Financial, Inc. indebtedness which matured in October  1994.
In  consideration of debt reduction, Raymond James Financial, Inc. extended
the  maturity  date  of  the  Partnership's  term  debt  to  Raymond  James
Financial, Inc.  In addition, Raymond James Financial, Inc. entered into  a
revolving  loan  agreement  as of December 28, 1994,  which  provides  that
Raymond  James  Financial,  Inc. would advance to  the  Partnership,  on  a
revolving basis up to $5,000,000 at an interest rate of 15.5% (see  Note  7
to   Financial   Statements).    The  loan  agreement   contained   typical
representations,  warranties  and  covenants,  including   conditions   and
restrictions on the borrowing which were:  draw requests must be  submitted
ten (10) business days in advance, disbursements shall be made once a month
and  borrower must not be in default.  The Partnership granted  to  Raymond
James  Financial,  Inc.  a  security  interest  in  virtually  all  of  the
Partnership's  real  estate assets and LCCA Leases to secure  any  advances
under the loan agreement.  The Loan Agreement matured October 1, 1996.   As
the  Partnership no longer had a need for the revolving line of credit, the
note was marked paid and the loan agreement was terminated May 29, 1996.

     As of December 31, 1996 and 1995, the Partnership and its subsidiaries
had 229 and 170 employees, respectively.

Regulation

     All  of the nursing homes and retirement centers leased or managed  by
the Partnership are subject to certain federal statutes and regulations and
to  statutory  and  regulatory licensing requirements by  state  and  local
authorities.  State and local agencies survey all facilities on  a  regular
basis  to  determine  whether  such  facilities  are  in  compliance   with
governmental   operating   and   health  standards   and   conditions   for
participation  in  government sponsored third-party payor  programs.   Such
facilities  are  also  subject to various local building  codes  and  other
ordinances, including fire safety codes.

     Government Reimbursement Programs.  The Federal government maintains a
health  insurance  program  for the aged known as  "Medicare."   Individual
states have programs for medical assistance to the indigent known generally
as  "Medicaid,"  which  are partially financed by the  federal  government.
Federal   grants   are  conditioned  on  state  compliance   with   federal
regulations.   A  material  portion of the  current  revenue  derived  from
facilities  is  received under Medicare, Medicaid, and  other  governmental
programs.

     Both  the Medicare and Medicaid programs are subject to statutory  and
regulatory  changes,  administrative rulings,  interpretations  of  policy,
intermediary  determinations, and government funding restrictions,  all  of
which  may materially increase or decrease the rate of program payments  to
health care facilities.  Since 1983, Congress has consistently attempted to
limit  the  growth  of  federal spending under the  Medicare  and  Medicaid
programs.   In  a January 27, 1994 report, the Congressional Budget  Office
stated  that  despite  recent deficit reduction  legislation,  the  federal
budget  deficit will begin to rise in 1998 and that "increases in  spending
for Medicare and Medicaid are the dominant force pushing projected deficits
back  up  as  the  20th century nears its end."  The report projected  that
federal  Medicaid payments in 1999 will be $151 billion,  double  the  1993
level.   Recent federal budget discussions have targeted the  Medicare  and
Medicaid  programs.  Proposals to reduce taxes for the middle class  and/or
the  proposed constitutional amendment to require a balanced federal budget
could  result  in Medicare and Medicaid spending reductions.  In  addition,
Congress  is  considering several proposals that would substantially  alter
health  care delivery and payment systems, both public and private.   These
reform  proposals  involve increased reliance on managed  care  plans  that
selectively  contract with providers, increased incentives for  individuals
to  be  cost-conscious, limitations on tax deductions for  employee  health
benefits,  provider or insurer price controls, emphasis on  outpatient  and
home-based alternatives to inpatient care, and/or substantial reductions in
payments under Medicare and Medicaid.

     Medicaid.   Medicaid is a medical assistance program for the  indigent
and   is   operated   by   state  governments  with  financial   assistance
(approximately  50%  of  the funds available) from the  federal  government
under  a  matching  program.   Medicaid is  subject  to  federally  imposed
requirements.    The   Medicaid  program  refers  to  the   various   state
administered  reimbursement  programs created  by  federal  law.   Although
Medicaid  programs  vary from state to state, they  typically  provide  for
fixed  rate  payments to health care providers based upon historical  costs
adjusted   for   inflation   and   subject  to   restrictive   limitations.
Reimbursement  rates  are  determined  by  the  state,  while  the  federal
government  retains  the  right to approve or disapprove  individual  state
plans.   There  are  generally two types of Medicaid  reimbursement  rates:
retrospective  and prospective.  The retrospective rate  is  one  which  is
determined after completion of the cost report and is designed to reimburse
costs after they are incurred.  An interim rate based upon historical  cost
factors and inflation is paid by the state during the cost reporting period
and  a cost settlement is made following an audit of the filed cost report.
Such  adjustments  may  result in additional payments  being  made  to  the
Partnership  or  in recoupments from the Partnership, depending  on  actual
performance  and  the  limitations within an individual  state  plan.   The
Washington Medicaid program is, at present, a retrospective plan.

     The  more  prevalent  type  of  Medicaid  reimbursement  rate  is  the
prospective  rate. Under a prospective plan, the state  sets  its  rate  of
payment for the period in advance of services rendered.  The provider  must
accept  the prospective rate as payment in full for all services  rendered.
There  is  no  settlement based upon actual costs subsequent  to  the  cost
report  filing.   Actual  costs incurred during  the  period  are  used  to
establish  the  prospective rate for a subsequent period.   Providers  must
accept  reimbursement  from Medicaid as payment in full  for  the  services
rendered,  since the provider may not bill the patient for  more  than  the
amount  of  the  Medicaid  payment for services  covered  by  the  Medicaid
program.   Medi-Cal,  California's version of Medicaid, currently  provides
for  reimbursement  at  an established daily rate,  as  determined  by  the
California Department of Health Services, based on median costs of  nursing
facilities, classified by bed and geographic location.

      All  of  the  facilities  operated  and  leased  by  the  Partnership
participate  in  the Medicaid program.  Under the federal Medicaid  statute
and  related  regulations, state Medicaid programs  must  provide  facility
rates  that  are reasonable and adequate to cover the costs of  efficiently
and  economically operated facilities providing services in conformity with
state  and federal standards.  Furthermore, payments must be sufficient  to
enlist  enough  providers so that services under the state's Medicaid  plan
are  available to recipients at least to the extent that those services are
available to the general population.

     To  date,  adjustments from Medicaid audits have not  had  a  material
adverse  effect  on the Partnership.  While there can be no assurance  that
future  adjustments  will  not  have  a  material  adverse  effect  on  the
Partnership,  the  Partnership believes that it has  properly  applied  the
various  payment  formulas and that the possibility of  materially  adverse
adjustments is remote.

     Medicare.  All of the Partnership's facilities are participants in the
Medicare  program.  Medicare is a federally funded and administered  health
insurance program primarily designed for individuals who are age 65 or over
and are entitled to receive Social Security benefits.  The Medicare program
consists  of two parts.  The first part (Part A) covers inpatient  hospital
services  and  services  furnished  by  other  institutional  health   care
providers,  such as long-term care facilities.  The second  part  (Part  B)
covers  the  services of doctors, suppliers of medical items and  services,
home  health  agencies and various types of outpatient  services.   Part  B
services  include  physical,  speech pathology  and  occupational  therapy,
pharmaceuticals and medical supplies, certain intensive rehabilitation  and
psychiatric services, ancillary diagnostic and other services of  the  type
provided  by  long-term care or acute care facilities.  Part A coverage  is
limited  to  a  specified  term (generally 100 days  in  a  long-term  care
facility)  and requires beneficiaries to share some of the cost of  covered
services  through an annual deductible and a co-insurance  payment.   There
are no limits on duration of coverage for Part B services, but there is  an
annual  deductible and a co-insurance requirement for most services covered
by Part B.

    The Medicare program is a retrospective program.  An interim rate based
upon  historical cost factors is paid by Medicare during the cost reporting
period  and a cost settlement is made based on actual costs for the period.
Final  settlements are subject to an audit of the filed cost report whereby
adjustments may result in additional payments being made to the Partnership
or  in  recoupments from the Partnership.  Under the Medicare program,  the
Partnership  is  reimbursed  for its direct costs  plus  an  allocation  of
indirect costs up to a regional limit.

     Licensure and Certification.  Health care facilities must comply  with
licensing  requirements  of state and local health  agencies,  as  well  as
building,  health,  and  life safety codes.  In granting  and  reviewing  a
facility's  license, state health agencies consider the physical  buildings
and  equipment,  the  qualifications of the  administrative  personnel  and
nursing  staffs,  the  quality  of nursing  programs,  and  the  continuing
compliance of the facility with the laws and regulations applicable to  its
operations.

     Separate  standards for certification must be met  to  participate  in
Medicaid   and   Medicare  programs.   As  part  of  the   Omnibus   Budget
Reconciliation  Act of 1987 (the "1987 Act"), Congress adopted  legislation
that  substantially  increased the requirements for Medicare  and  Medicaid
certifications.   The  1987  Act,  as amended,  created  a  number  of  new
sanctions  for noncomplying facilities. On August 28, 1992, the HHS  issued
proposed  rules  which became final late in 1994 and  were  implemented  in
1995.  States are currently changing their rules and regulations to reflect
the  federal  regulations.  The newly adopted rules,  among  other  things,
allow  new  sanctions for facilities that are found to be out of compliance
with  certification  standards,  including  denial  of  or  reductions   in
payments,  fines and the appointment by the state of a manager  to  operate
the  facility.   If  a  facility  is  found  to  be  substandard  in  three
consecutive annual surveys, the state is required to deny payment  for  new
admissions  and to appoint a monitor to oversee correction of deficiencies.
The   Partnership  believes  that  its  facilities  are  substantially   in
compliance   with   the   applicable  Medicare  and   Medicaid   regulatory
requirements.   However, from time to time the Partnership or  its  lessees
receive  notices  of  deficiencies  for  failure  to  comply  with  various
regulatory requirements.  The Partnership reviews such notices and takes or
requires its lessees to take appropriate corrective action.  In most cases,
the  Partnership  or its lessees and the reviewing agency  agree  upon  the
measures  to be taken to bring the facility into compliance with regulatory
requirements.  In some cases the reviewing agency may take various  adverse
actions  against  a facility, including the imposition of fines,  temporary
suspension  of  admission  of new patients to the facility,  suspension  or
decertification  from  participation in the Medicare or  Medicaid  programs
and,  in extreme circumstances, revocation of a facility's license.   These
actions may adversely affect the facility's ability to continue to operate,
the  ability of the Partnership or its lessees to provide certain services,
and  eligibility  to  participate  in the Medicare,  Medicaid  or  Veterans
Administration programs.  Additionally, conviction of abuse  or  fraudulent
behavior  with  respect to one facility may subject other facilities  under
common  control  or  ownership to disqualification  from  participation  in
Medicare  and  Medicaid  programs.   In addition,  some  state  regulations
provide  that  all  facilities under common control or ownership  within  a
state are subject to being delicensed if any one or more of such facilities
is  delicensed.   Certain  of the Partnership's  facilities  have  received
notices  in  the  past  from state agencies that, as a  result  of  certain
alleged deficiencies, the agency was taking steps to decertify the facility
from  participation in Medicare and Medicaid programs.  In all cases,  such
deficiencies were remedied before any facilities were decertified.

     Effective  October 1, 1990, the Omnibus Budget Reconciliation  Act  of
1990  eliminated  the different certification standards for  "skilled"  and
"intermediate" care nursing homes under the Medicaid Program in favor of  a
single  "nursing  home"  standard.  This  standard  requires,  among  other
things,  that  the Partnership's managed nursing homes have  at  least  one
registered  nurse on each day shift and one licensed nurse  on  each  other
shift  and increases training requirements for nurses aides by requiring  a
minimum  number of training hours and a certification test before a nurse's
aide  can  commence work.  States continue to be required to  certify  that
nursing   homes  provide  "skilled"  care  in  order  to  obtain   Medicare
reimbursement.

     Fraud  and  Abuse.  As a provider of services under the  Medicare  and
Medicaid  programs in the U.S., the Partnership is subject to Medicare  and
Medicaid  fraud  and  abuse law. This law prohibits  any  bribe,  kickback,
rebate  or remuneration of any kind in return for the referral of  Medicare
or Medicaid patients.  In addition, several states in which the Partnership
operates have laws that prohibit certain direct or indirect payments or fee-
splitting  arrangements between health care providers, if such arrangements
are  designed  to  induce  or  encourage the  referral  of  patients  to  a
particular provider.  Violations of these federal or state laws may  result
in  civil  and criminal penalties and exclusion from participation  in  the
Medicare and Medicaid programs.  Such laws are broad, vague and seldom have
been  interpreted by the courts or regulatory agencies.  On July 29,  1991,
pursuant  to the "Medicare and Medicaid Patient and Program Protection  Act
of  1987,"  the  Inspector General of the Department of  Health  and  Human
Services  issued  "safe  harbor" regulations, specifying  certain  business
practices  which are exempt from sanctions under the fraud and  abuse  law.
While  the  Partnership intends to attempt to comply  with  all  applicable
fraud  and  abuse  laws, there can be no assurance that  administrative  or
judicial interpretation of existing laws or regulations or enactment of new
laws  or  regulations  will  not  have a material  adverse  affect  on  the
Partnership's business.
Item 2. Properties

     As  of  December  31, 1996, the Partnership owns directly  or  through
limited  partnership  investments  the  properties  or  interest   in   the
properties listed below.


                                         Purchase       Current
Facility Name and Location                Date        Investment(1)

Operated Facilities:

Olympic Health Care Center
 Sequim, Washington (2)                  11/19/86      2,983,455(3)

Pacific Palms Skilled Nursing
 Norwalk, California                      4/02/86       2,146,487

Paramount Chateau Convalescent Hospital
 Paramount, California                    4/02/86       2,288,808

                                                       $7,418,750

(1)   At cost before accumulated depreciation and amortization.  Investment
    shown  is  entire  investment made by owners of the property.   Certain
    properties  are     not entirely owned by the Partnership.   See  other
    footnotes.
(2)  The amount represents the entire interest of the owner of the
property,      however, the Partnership only owns a 49.5% interest acquired
through a limited partnership investment.
(3)  Includes revaluation of assets due to the consummation of the joint
venture entered into effective January 1, 1993.

     A  summary  of  the  land, buildings, related  personal  property  and
accumulated depreciation at December 31, 1996 is as follows:

    Land                                               $1,534,105
    Buildings                                           4,555,358
    Furniture & Fixtures                                1,329,287
    Total Property                                     $7,418,750
    Accum. Depreciation and Amortization                2,416,187
    Net Book Value                                     $5,002,563

Item 2. Properties: (Continued)

      As  a  result  of the sale of the Partnership's leased facilities  in
1996,  the  Partnership, directly or through a manager, operates its  three
remaining  skilled nursing facilities.  1996 resident occupancy percentages
are included in the following table.

Paramount Chateau (99 Beds - SNF)         12/31/96   12/31/95   12/31/94

Average Census                               83.7%     87.6%     92.8%
  Private                                     7.2%      9.9%     11.0%
  Medicare                                   10.1%      6.2%      7.5%
  Medi-Cal                                   80.6%     83.9%     81.3%
  HMO                                          .6%        --       .2%
  Hospice                                     1.5%        --        --

Average Reimbursement Rate
  Private                                 $  96.58  $  79.69  $  80.75
  Medicare                                  254.25    244.76    238.86
  Medi-Cal                                   73.30     73.89     71.90
  HMO                                       148.08        --     82.00
  Hospice                                    81.09        --        --

Average Monthly Revenue                   $247,659  $234,807  $245,309

Pacific Palms (99 Beds - SNF)

Average Census                               36.7%       N/A       N/A
  Private                                     9.0%       N/A       N/A
  Medicare                                    6.3%       N/A       N/A
  Medi-Cal                                   65.3%       N/A       N/A
  HMO                                        16.4%       N/A       N/A
  Hospice                                     3.0%       N/A       N/A

Average Reimbursement Rate
  Private                                 $ 107.71       N/A       N/A
  Medicare                                  269.30       N/A       N/A
  Medi-Cal                                   72.64       N/A       N/A
  HMO                                       204.90       N/A       N/A
  Hospice                                   141.02       N/A       N/A

Average Monthly Revenue                   $136,188       N/A       N/A

Olympic  Healthcare  (60  Bed - SNF)      12/31/96   12/31/95  12/31/94

Average Census                               94.2%     88.1%     88.5%
  Private                                    35.8%     31.8%     32.8%
  Medicare                                    9.9%     11.4%     20.8%
  Medicaid                                   54.3%     56.8%     46.4%

Average Reimbursement Rate
  Private                                 $  99.03  $  94.75  $  97.12
  Medicare                                  189.43    173.62     97.35
  Medicaid                                   98.74     94.45     97.07

Average Monthly Revenue                   $190,642  $183,536  $156,900

Olympic Healthcare (24 Bed - ALF)

Average Census                               76.2%     60.3%      6.6%
  Private                                    30.3%     61.0%    100.0%
  Medicaid                                   69.7%     39.0%        0

Average Reimbursement Rate
  Private                                 $  60.59  $  49.97  $  49.93
  Medicaid                                   53.58     51.27       N/A

Average Monthly Revenue                   $ 32,312  $ 23,644  $  2,405

All Operated Homes

Average Occupancy Rates                        69%       84%       92%

Item 3.  Legal Proceedings

      There  are  no  material  pending  legal  proceedings  to  which  the
Partnership is a party or to which its property is subject.  Therefore,  no
provision has been made in the accompanying financial statements.

Item 4.  Submission of Matters to a Vote of Security Holders

     No  matters were submitted to a vote of security holders, through  the
solicitation of proxies or otherwise, during the fourth quarter of 1996.

                                  PART II

Item 5.  Market for the Registrant's Securities and Related Security Holder
         Matters

(a)   The  Registrant's  limited  partnership interests  are  not  publicly
    traded.  There  is  no market for the Registrant's limited  partnership
    interests and it is unlikely that any will develop.

(b)  Approximate number of Equity Security Holders:

                                          Number of Record Holders
    Title of Class                         as of December 31, 1996
Units of Limited Partnership Interest                1,937
General Partner Interest                                 1

    No Limited Partner owns more than 5% of the Units.  The General Partner
Interest  is  owned  by  Medical Investments Partners,  The  Raymond  James
Financial Center, 880 Carillon Parkway, St. Petersburg, Florida 33716.

(c)  Total Units of Limited Partnership (1,000 units)                30,000
     Total Units Outstanding ($1,000 per unit)                       30,000

                                          1996       1995        1994
Distributions to Limited Partners      $18,150,000$1,500,000$1,050,000
Distributions to General Partner            37,620    30,612    21,430

     All  of  the distributions for 1996, 1995 or 1994 represent return  of
capital on a GAAP basis.

Item 6.  Selected Financial Data

                       1996      1995      1994      1993      1992

Total Revenues(1)   $7,604,013 $5,460,632 $4,976,288 $7,760,425 $7,307,680
Net Income(2)       12,362,562  1,966,546  1,613,748    964,440    197,440
Total Assets         9,392,809 22,181,442 22,618,448 26,301,479 26,061,273
Mortgage Notes
  Payable            1,256,214  7,946,917  8,782,497 10,889,660 13,415,224
Distributions to
  Limited Partners
    Per Partnership
      Unit              605.00      50.00      35.00      20.00      10.00
Net Income(2)
   Per  Unit          $  13.81     $ 9.87     $ 6.47     $31.50      $6.45

(1)   Included  in  total  revenues  for 1993  and  1992  are  discontinued
    operations  revenue of $3,233,909 and $3,151,678, respectively.   Total
    revenues in 1993 omit extraordinary gain on sale of minority interest and
    forgiveness of indebtedness.

(2)   Net  Income  and  Net  Income Per Unit does not include  income  from
    discontinued operations for the years 1996, 1995 and 1994.

     The  above selected financial data should be read in conjunction  with
the  financial  statements and related notes appearing  elsewhere  in  this
report.   This  statement is not covered by the auditors' opinion  included
elsewhere in this report.

Item 7.  Management's Discussion and Analysis of Financial Condition and
         Results of Operations

Continuing Operations:

     Resident service revenues increased by $2,140,548 (39.6%) for the year
ended  December  31,  1996,  compared to the same  period  in  1995.   This
increase  is due to $1,634,018 resulting from the operation of the Norwalk,
California facility, $164,250 resulting from the payment by FHP,  Inc.  for
the  lease  termination resident day guarantee, $154,225 resulting  from  a
private  payor room rate increase and a Medicare per diem rate increase  at
the  Paramount,  California facility and $189,300  resulting  from  a  7.2%
census  increase at the Sequim, Washington skilled nursing facility  and  a
26%  census  increase at the Sequim, Washington assisted  living  facility.
Resident  service revenues increased by $466,478 (9.4%) for the year  ended
December  31, 1995, compared to the same period in 1994 due to the increase
in  census  of the assisted living wing at the Sequim, Washington  facility
which  opened  in  July,  1994. Resident days  at  the  Sequim,  Washington
facility's skilled nursing and assisted living wing increased by  4,851  in
1995.   A  decrease  in  census of 1,895 days at the Paramount,  California
facility  partially offset the resident service revenues  increase  at  the
Sequim,  Washington  facility.   Resident  service  revenues  increased  by
$418,355  (9.2%) for the year ended December 31, 1994 compared to the  same
period  in  1993, due to a continued increase in total census and favorable
census  mix.   Although the total increase in patient  days  was  145,  the
increase  in  private  and  Medicare days was 2,669  versus  a  decline  in
Medicaid  days  of 2,524.  The higher paying private and Medicare  improved
the  census  mix.   Medicare  and  Medicaid  revenues  totaled  $5,832,738,
$4,123,832 and $3,951,735 for the years ended December 31, 1996,  1995  and
1994,  respectively.  Medicare  and Medicaid accounts  receivable  balances
totaled  $812,247 and $538,867 for the years ended December  31,  1996  and
1995,   respectively.   The  Medicare  and  Medicaid  increased  receivable
balances at December 31, 1996 as compared to December 31, 1995 are  due  to
Pacific  Palms becoming an operated facility instead of a leased  facility.
There are no disputed Medicaid or Medicare claims.

      Resident service expenses increased $1,893,646 (40.0%) for  the  year
ended  December 31, 1996, compared to the same period in 1995  due  to  the
Norwalk,  California  facility  becoming an  operated  facility.   Resident
service  expenses increased by $295,576 (6.7%) for the year ended  December
31,  1995,  compared  to the same period in 1994, due  to  an  increase  in
payroll  and  related  expenses  from the increased  total  census  at  the
facilities.

     Interest income increased by $2,833 (5.7%) for the year ended December
31, 1996, compared to the same period in 1995 due to increased average cash
balances  in interest bearing accounts.  Interest income increased  $17,866
(56.9%) for the year ending December 31, 1995, compared to the same  period
in 1994 due to increased average cash balances.

      General  and  Administrative  - Other expenses  decreased  by  $5,435
(70.9%)  for the year ended December 31, 1996, compared to the same  period
in  1995  due  to an increase in the percentage of travel and  overhead  of
affiliates  directly related to and allocated to resident service  expenses
while  total  General  and  Administrative remained  stable.   General  and
Administrative - Other expenses decreased by $13,968 (15.4%) for  the  year
ended  December 31, 1995, compared to the same period in 1994 due  in  most
part  to  the  decrease of $7,927 in insurance costs.   Affiliate  expenses
increased by $15,730 (35.6%) for the year ended December 31, 1996, compared
to  the same period in 1995 due to the increased need for senior management
involvement  in  the LCCA and Arbor sales negotiations.  Affiliate  expense
increased by $34,440 (353%) for the year ending December 31, 1995, compared
to  the  same period in 1994 due to the time and travel required by  senior
management  to  negotiate  and execute the LCCA  sale  and  the  FHP  lease
termination.

      Depreciation  and Amortization expenses increased by $83,637  (57.9%)
for  the year ended December 31, 1996, compared to the same period in  1995
due  to the transfer of Pacific Palms Skilled Nursing from a leased  to  an
operated home.  Depreciation and Amortization expenses decreased by $36,067
(20%) for the year ended December 31, 1995, compared to the same period  in
1994  due  to  original acquisition costs of furniture and  fixtures  being
fully depreciated for the entire year of 1995 while being fully depreciated
for only eight months in 1994.

      As  a  result of the above revenue and expense items, the Partnership
had  $422,737  net income from continuing operations for  the  year  ending
December 31, 1996, $302,252 net income from continuing operations  for  the
year  ending  December  31, 1995 and $198,107 net  income  from  continuing
operations  for the year ending December 31, 1994. Inflation  and  changing
prices  have  not had a material impact on net revenues and  expenses  from
continuing operations over the past three years.


Discontinued Operations:

      Rental  income  included  in  discontinued  operations  decreased  by
$1,904,975  (57.1%) for the year ended December 31, 1996, compared  to  the
same  period in 1995 due to the May 29, 1996, sale of the LCCA  Homes,  the
September 20, 1996, sale of Hillcrest Care Center and the transfer  of  the
Norwalk,  California  facility  to  an operated  facility.   Rental  income
increased by $141,818 (4.4%) for the year ended December 31, 1995, compared
to  the  same  period  in  1994 due to escalations  built  into  the  lease
agreements.  The escalation clause in the LCCA lease agreement calls for an
adjustment  based on 6% of the difference between the base  year  (June  1,
1993  through  May  31, 1994) revenues of the seven leased  homes,  net  of
contractuals, and the most recent period (June 1 through May  31)  revenues
(net  of  contractuals) for the seven leased homes.  Prior year adjustments
were  based  on a fixed rate per bed (660) per day of $9.00 for the  period
June  1, 1992 through June 1, 1993, to $9.50 per bed per day for the period
June  1,  1993 through May 31, 1994, and to $10.00 per bed per day for  the
period June 1, 1994 through May 31, 1995.  This escalation resulted  in  an
increase  in  rental income of $115,919 from the year ending  December  31,
1994 to the year ending December 31, 1995 and $120,450 from the year ending
December  31, 1993 to the year ending December 31, 1994.  The  Arbor  lease
agreement has a fixed base rate with a contingent lease payment  of  4%  of
the  leased  home's  revenues,  net of contractuals,  which  accounted  for
$21,008 of the increase in rental income from the year ending December  31,
1994  to the year ending December 31, 1995 and $8,283 from the year  ending
December 31, 1993 to the year ending December 31, 1994.  The balance of the
increase  is  from  the  FHP lease which calls for  an  increase  effective
October first of each year based on the greater of that years Medi-Cal rate
increase  or  consumer price index increase but not less than 3%  nor  more
than 8% for 1993 until lease termination.  The FHP lease was terminated  in
January, 1996 as described in Note 5 to the attached financial statements.

      Interest  income increased by $203,732 (1,504.4%) for the year  ended
December  31,  1996, compared to the same period in 1995 due  to  increased
average  cash balances in interest bearing accounts.  The increased average
cash balances were a result of the cash proceeds from the sale of eight  of
the  eleven  nursing homes.  Interest income increased $7,873 (138.9%)  for
the  year ending December 31, 1995, compared to the same period in 1994 due
to increased average cash balances.

      General  and  Administrative - Other expenses decreased  by  $172,898
(98.9%)  for the year ended December 31, 1996, compared to the same  period
in  1995  due  to  a  decrease  in legal, consulting  and  accounting  fees
associated  with the 1995 negotiations and drafting of sales contracts  for
the  sale  of  the LCCA Homes and the FHP lease termination.   General  and
Administrative  - Other expenses increased by $164,753 (1,633.9%)  for  the
year ended December 31, 1995, compared to the same period in 1994 due to an
increase  in  legal,  consulting and accounting fees  associated  with  the
negotiations and drafting of sales contracts for the sale of the LCCA Homes
and  the  FHP  lease  termination.  Rental  and  Property  Management  Fees
expenses  decreased  by $198,786 (58.2%) for the year  ended  December  31,
1996, compared to the same period in 1995 due to the sale of the LCCA Homes
and Hillcrest Care Center.

      Interest  expense decreased by $273,875 (45.4%) for  the  year  ended
December 31, 1996, compared to the same period in 1995 due to the payoff of
mortgages  on the Sun City Convalescent Hospital and Hillcrest Care  Center
from  proceeds  received as a result of the LCCA and Arbor sales  contracts
and  the  assumption of the mortgage on the Rimrock Villa nursing  home  by
LCCA.   Interest  expense decreased by $68,097 (10.1%) for the  year  ended
December  31,  1995, compared to the same period in 1994  due  to  the  net
effect  of the $500,000 payoff of the Raymond James debt balance on January
3,  1995,  and  the $950,000 pay down of the WMF/Huntoon debt balance  with
funds acquired from the $1,500,000 First Union National Bank refinancing of
the Rancho Los Padres facility.

      Depreciation expense decreased by $305,264 (54.1%) for the year ended
December 31, 1996, compared to the same period in 1995 due to the  sale  of
the  LCCA  homes  and  the  Hillcrest Care  Center.   Depreciation  expense
decreased by $204,557 (26.6%) for the year ended December 31, 1995 compared
to  the  same  period  in  1994 due to the original  acquisition  costs  of
furniture  and fixtures for most of the facilities being fully  depreciated
for the entire year of 1995 while for only eight months in 1994.

      The  Partnership realized income of $11,025,951 for  the  year  ended
December  31,  1996, from transactions related to discontinued  operations.
$9,732,487  is  from the gain on sale of the LCCA Homes and  the  Hillcrest
Care  Center  for  the  sum  of  $6,463,878 and  $3,268,609,  respectively.
$1,293,464 is from the lease termination settlement received from FHP, Inc.
for  the  early termination of FHP's lease on Pacific Palms Skilled Nursing
f/k/a FHP - Norwalk.

      The operating income from the discontinued real estate rental segment
decreased by $750,420 for the year ended December 31, 1996, compared to the
same  period in 1995, due to the May 29, 1996, sale of the LCCA  Homes  and
the  September 20, 1996, sale of the Hillcrest Care Center.  The  operating
income  for  the  discontinued  real estate  rental  segment  increased  by
$248,653 for the year ended December 31, 1995, compared to the same  period
in  1994  due  to  escalations  built  into  the  lease  agreements,  lower
depreciation expense due to furniture and fixtures being fully  depreciated
for  the year compared to being fully depreciated for eight months  in  the
prior  year,  and continued principal reductions of the related  debt  thus
reducing interest expense.

      As  a  result of the above revenue and expense items, the Partnership
had  $12,362,562  net  income  for  the  year  ending  December  31,  1996,
$1,966,546  net income for the year ending December 31, 1995 and $1,613,748
net  income  for the year ending December 31, 1994. Inflation and  changing
prices  have  not  had a material impact on net revenues  and  losses  from
continuing operations over the past three years.

LIQUIDITY AND CAPITAL RESOURCES

     The primary sources of funds for the periods ending December 31, 1996,
1995  and  1994 were rental income, revenues from nursing home  operations,
prepayment of the FHP lease, proceeds from the sale of assets and  proceeds
from  notes  payable.  These funds were used to pay nursing home  expenses,
pay  recurring debt service, to make cash distributions to partners and  to
reduce  the amount of outstanding indebtedness.  As of December  31,  1996,
the  Partnership  owned  three nursing homes  with  a  net  book  value  of
$5,002,563.   Net  book value is not necessarily representative  of  market
value.

      Short-term  liquidity requirements consist of funds  needed  to  meet
commitments  for  debt  service, administrative  expenses  and  operations.
These  short term needs will be funded by cash at December 31,  1996,  plus
interest income and income from resident service revenues.

     Debt service paid in 1996 totaled $5,430,984.

      In the opinion of the General Partner, the Partnership has sufficient
funds  or  sources of funds to remain liquid for the next 12 -  24  months.
These  sources include cash flows from operations.  The General Partner  is
not  aware  of  any trends that may significantly affect the  Partnership's
liquidity.  However, if the future changes in the health care market  would
require extensive capital expenditures by the Partnership in order for  its
facilities  to  meet  new  licensure  and/or  marketplace  standards,   the
Partnership may be required to seek additional capital sources or  increase
its   long  term  debt  in  order  to  meet  potential  future  expenditure
requirements.   The General Partner is unable at this time to  predict  the
extent of future capital expenditure needs of the facilities resulting from
future changes in the nursing home industry.

     The cash balance, not including restricted cash, at December 31, 1996,
was  $2,063,474.   The  Partnership had net income of  $12,362,562.   After
adjusting  for  depreciation, amortization, gain  on  sale  of  assets  and
changes in operating assets and liabilities, net cash provided by operating
activities  was $2,853,971.  The net cash provided by investing  activities
was  $21,277,029  which  includes fixed asset additions  and  the  sale  of
investment  properties.   The  net cash used in  financing  activities  was
$23,694,154  and consisted of principal payments on mortgage notes  payable
and  distributions to partners.  Significant changes to the  balance  sheet
which affected the cash flow of the Partnership for 1996 are primarily  due
to  the  start-up of operations at Pacific Palms (f/k/a FHP-Norwalk,  f/k/a
Rancho  Los  Padres) with its accounts receivable increasing from  zero  to
$414,774.   This  increase  was due to delays in licensing  approval,  slow
billing  and  normal  increase  in Accounts Receivable.   Prepaid  expenses
increased  $45,190 primarily from an increase in insurance  rates  and  the
additional  premium  for  Pacific Palms which was previously  paid  by  the
lessee.   Restricted  cash increased by $7,787 due to  the  net  effect  of
increased patient trust balances of $44,861 and the release of $37,074 from
the   FHP  capital  improvements  escrow  account  as  part  of  the  lease
termination  agreement.   Additions  to  investment  properties   increased
primarily  from  $74,324  being capitalized upon completion  of  a  laundry
addition at Paramount Chateau.  The sale of the seven nursing homes to LCCA
provided  $15,639,981 in cash proceeds upon closing at May 29,  1996.   The
sale of one nursing home to Arbor provided $5,750,000 in cash proceeds upon
closing  at  September  20,  1996.  Mortgage  Notes  Payable  decreased  by
$5,430,984 primarily due to the payment of debt on the Sun City facility of
$1,814,307 from proceeds from the LCCA sale of the seven nursing homes, the
payment  of debt on the Pacific Palms facility of $1,298,485 from  proceeds
from  the FHP lease termination settlement and the payment of debt  on  the
Hillcrest  facility  of  $2,110,513 from proceeds  from  the  sale  of  the
facility to Arbor.

      Cash  distributions to Limited Partners were discontinued during  the
first  quarter of 1988 and resumed in February 1992.  The 1995 distribution
to  Limited  Partners  totaled $1,500,000 (5% of the  original  capital  of
$30,000,000).  The February 1996 distribution to the Limited  Partners  was
$750,000  (2.5% of the original capital of $30,000,.000).   The  July  1996
distribution  to the Limited Partners was $13,200,000 (44% of the  original
capital  of  $30,000,000).  The December 1996 distribution to  the  Limited
Partners  was  $4,200,000  (14% of the original  capital  of  $30,000,000).
Future distributions will be at a level that is warranted by the cash  flow
and profits of the Partnership.
Item 8.  Financial Statements and Supplementary Data




                      CUMBERLAND HEALTHCARE, L.P. I-A
                          (a Limited Partnership)


                INDEX TO CONSOLIDATED FINANCIAL STATEMENTS


                                                           Page No.

Independent Auditor's Report                                   15

Consolidated Balance Sheets as of December 31, 1996 and 1995   16

Consolidated Statements for the Years Ended December 31, 1996,
  1995 and 1994:

  Income                                                       17

  Partners' Equity                                             18

  Cash Flows                                                   19

Notes to Consolidated Financial Statements                 20 - 28

Directors and Officers of the Registrant                   28 - 29

Exhibit Index                                              29 - 32

Financial Statement Schedules -

  Schedule VIII - Valuation and Qualifying Accounts
    and Reserves                                               32

  Schedule X - Supplementary Income Statement Information      32












                       INDEPENDENT AUDITOR'S REPORT


To the Partners of
  Cumberland Healthcare, L.P. I-A

      We  have  audited  the accompanying consolidated  balance  sheets  of
Cumberland  Healthcare,  L.P. I-A (a Delaware Limited  Partnership)  as  of
December  31,  1996  and 1995, and the related consolidated  statements  of
income, partners' equity, and cash flows for each of the three years in the
period  ended  December 31, 1996.  These consolidated financial  statements
are the responsibility of the Partnership's management.  Our responsibility
is to express an opinion on these statements based on our audits.

     We conducted our audits in accordance with generally accepted auditing
standards.  Those standards require that we plan and perform the  audit  to
obtain  reasonable  assurance  about  whether  the  consolidated  financial
statements are free of material misstatement.  An audit includes examining,
on  a  test basis, evidence supporting the amounts and disclosures  in  the
consolidated  financial statements.  An audit also includes  assessing  the
accounting principles used and significant estimates made by management, as
well  as  evaluating  the  overall financial  statement  presentation.   We
believe that our audits provide a reasonable basis for our opinion.

      In  our  opinion, the consolidated financial statements  referred  to
above  present fairly, in all material respects, the financial position  of
Cumberland  Healthcare, L.P. I-A as of December 31, 1996 and 1995  and  the
results of its operations and its cash flows for each of the three years in
the  period  ended December 31, 1996 in conformity with generally  accepted
accounting principles.

      As  more  fully  discussed in Note 14, during 1996,  the  Partnership
discontinued  the leasing segment of its operations.  Historically,  assets
and  operations  of  the  leasing segment have  represented  a  substantial
portion of the Partnership's total assets and results of operations.

      As more fully disclosed in Note 15, the Partners have approved a plan
of dissolution of the Partnership.

      Our  audits  were made for the purpose of forming an opinion  on  the
basic  financial statements taken as a whole.  The schedules  listed  under
Item  14  in  the  index are presented for purposes of complying  with  the
Securities  and Exchange Commission's rules and are not part of  the  basic
financial statements.  These schedules have been subjected to the  auditing
procedures applied in the audit of the basic financial statements  and,  in
our  opinion,  fairly  state in all material respects  the  financial  data
required  to  be  set  forth therein in relation  to  the  basic  financial
statements taken as a whole.





SPENCE, MARSTON, BUNCH, MORRIS & CO.
Certified Public Accountants


Clearwater, Florida
April 1, 1997

                      CUMBERLAND HEALTHCARE, L.P. I-A
                                     
                          (a Limited Partnership)
                                     
                        CONSOLIDATED BALANCE SHEETS


                                                DECEMBER 31, DECEMBER 31,
                                                   1996         1995

  ASSETS

Cash and Cash Equivalents                        $ 2,063,474 $ 1,626,628
Restricted Cash                                       67,059      59,272
Accounts Receivable (Net of Allowance
  of $343,770 and $73,373)                           718,772     705,511
Loan Receivable                                    1,000,000           0
Prepaid Expenses                                     119,871      74,681
Deferred Debt Costs (Net of Accumulated
  Amortization of $10,826 and $42,336)                21,652      71,094
Intangible Assets (Net of Accumulated
  Amortization of $44,380 and $33,285)               399,418     410,513
Investment Properties, at Cost (Net of
  Accumulated Depreciation and Amortization
  of $2,416,187 and $11,235,282)                   5,002,563  19,159,419
Construction in Progress                                   0      74,324

       Total Assets                              $ 9,392,809 $22,181,442

  LIABILITIES AND PARTNERS' EQUITY

Liabilities:
  Accounts Payable                               $   687,968 $   955,713
  Accrued Payroll                                    276,267     236,217
   Interest  Payable                                       0      34,646
  Payable to Related Parties
                - General Partner                      2,524      11,054
                - Affiliates                         336,929     346,399
  Mortgage Notes Payable                           1,256,214   7,946,917
  Minority Interest                                  682,927     675,458

       Total Liabilities                           3,242,829  10,206,404

Partners' Equity:
  Limited Partners (30,000 units outstanding
     at December 31, 1996 and 1995)                6,226,929  12,261,618
  General Partner                                   (76,949)    (286,580)

       Total Partners' Equity                      6,149,980  11,975,038

       Total Liabilities and Partners' Equity    $ 9,392,809 $22,181,442








                The accompanying notes are an integral part
                of these consolidated financial statements.



                      CUMBERLAND HEALTHCARE, L.P. I-A
                                     
                          (a Limited Partnership)
                                     
                     CONSOLIDATED STATEMENTS OF INCOME
                                     
                            FOR THE YEARS ENDED
                                     
                                   DECEMBER 31, DECEMBER 31,DECEMBER 31,
                                      1996         1995        1994
                                                (Restated)  (Restated)
Revenues:
  Net Resident Service Revenues     $ 7,551,897  $ 5,411,349 $ 4,944,871
  Interest Income                        52,116       49,283      31,417

       Total Revenues                 7,604,013    5,460,632   4,976,288

Expenses:
  Resident Service Expenses           6,627,830    4,734,184   4,438,608
   Interest Expense - Affiliate               0          104      14,735
                    - Other             111,386      114,095     117,118
  General and Administrative
                    - Affiliates         59,927       44,197       9,757
                    - Other              71,169       76,604      90,572
  Depreciation and Amortization         227,945      144,308     180,375

       Total Expenses                 7,098,257    5,113,492   4,851,165

Operating Income                        505,756      347,140     125,123

  Minority Interest
    in Net (Income)/Loss
     of Consolidated Subsidiary         (83,019)    (44,888)      72,984

Income from Continuing Operations       422,737      302,252     198,107

Discontinued Operations:
  Income from Operations of
    Leased Homes                        913,874    1,664,294   1,415,641
  Gain on Sale of Assets              9,732,487            0           0
  Lease Termination Settlement        1,293,464            0           0

Income from Discontinued Operations  11,939,825    1,664,294   1,415,641

Net  Income                         $12,362,562 $  1,966,546 $ 1,613,748

Income from Continuing Operations
  Per $1,000 Limited Partnership Unit $   13.81 $       9.87 $      6.47

Income from Discontinued Operations
  Per $1,000 Limited Partnership Unit     390.03       54.37       46.25

Total Income Per $1,000
  Limited Partnership Unit          $    403.84  $     64.24 $     52.72

Number of Limited Partnership Units
  Outstanding                            30,000       30,000      30,000

                                     
                                     
                                     
                                     
                                     
                                     
                                     
                                     
                                     
                The accompanying notes are an integral part
                of these consolidated financial statements.



                      CUMBERLAND HEALTHCARE, L.P. I-A
                                     
                          (a Limited Partnership)
                                     
                CONSOLIDATED STATEMENTS OF PARTNERS' EQUITY
                                     
           FOR THE YEARS ENDED DECEMBER 31, 1996, 1995 AND 1994
                                     


                                      Limited      General      Total
                                     Partners'    Partner's   Partners'
                                      Equity       Equity      Equity

  Balance at December 31, 1993      $11,302,930 $  (306,144) $10,996,786

Net Income - 1994 (Restated)          1,581,473       32,275   1,613,748

Distribution                         (1,050,000)    (21,430)  (1,071,430)

  Balance at December 31, 1994
    (Restated)                      $11,834,403 $  (295,299) $11,539,104

Net Income - 1995                     1,927,215       39,331   1,966,546

Distribution                         (1,500,000)    (30,612)  (1,530,612)

  Balance at December 31, 1995      $12,261,618 $  (286,580) $11,975,038

Net Income - 1996                    12,115,311      247,251  12,362,562

Distribution                        (18,150,000)    (37,620) (18,187,620)

  Balance at December 31, 1996      $ 6,226,929 $   (76,949) $ 6,149,980















                                     
                The accompanying notes are an integral part
                of these consolidated financial statements.





                      CUMBERLAND HEALTHCARE, L.P. I-A
                                     
                          (a Limited Partnership)
                                     
                   CONSOLIDATED STATEMENTS OF CASH FLOWS
                                     
                            FOR THE YEARS ENDED

                                       December 31,December 31,December 31,
                                          1996       1995       1994
                                                              (Restated)

Cash Flows from Operating Activities:
 Net Income                             $12,362,562$ 1,966,546$ 1,613,748
Adjustments to Reconcile Net Income to Net
 Cash Provided by Operating Activities:
  Depreciation and Amortization             487,456    709,083    949,708
  Minority Interest in Net Income (Loss)     83,019     44,888    (72,984)
  Gain on Sale of Assets                 (9,732,487)         0          0
  Changes in Operating Assets and Liabilities:
   (Increase) Decrease in Accounts Receivable(13,261)  303,118   (635,100)
   (Increase) Decrease in Prepaid Expenses  (45,190)   (29,998)    36,218
   (Increase) Decrease in Restricted Cash    (7,787)    (6,492)    (2,627)
   Increase (Decrease) in Payable to Related
     Parties                                (18,000)    18,490   (338,906)
   Increase (Decrease) in Payables
     and Accruals                          (262,341)  (100,288)   (19,292)
     Net Cash Provided by Operating
       Activities                         2,853,971  2,905,347  1,530,765
Cash Flows from Investing Activities:
 (Additions) to Investment Properties      (112,952)   (52,173)   (44,820)
 (Additions) to Construction in Progress          0    (74,324)   (64,132)
 Sale of Investment Properties           21,389,981          0          0

     Net Cash Provided by (Used in)
       Investing Activities              21,277,029   (126,497)   (108,952)

Cash Flows from Financing Activities:
 Proceeds from Mortgage Notes Payable             0          0  1,500,000
 Payments of Mortgage Notes Payable     (5,430,984)   (836,030)(3,606,713)
 (Increase) Decrease in Deferred Debt Costs       0     12,245    (53,411)
 Distribution to Partners:
   Limited Partners                     (18,150,000)(1,500,000)(1,050,000)
   General Partner                          (37,620)   (30,612)   (21,430)
   Minority Interest                        (75,550)         0          0

     Net Cash (Used in) Financing
        Activities                      (23,694,154)(2,354,397)(3,231,554)

Increase (Decrease) in Cash and
  Cash Equivalents                          436,846    424,453 (1,809,741)

Cash  and Cash Equivalents at
  Beginning of Year                       1,626,628  1,202,175  3,011,916

Cash and Cash Equivalents at
  End of Year                            $2,063,474 $1,626,628 $1,202,175

Supplemental Disclosure of Cash Flow Information:
 Interest Paid                           $  475,402 $  723,159 $  829,887

See Note 9 for Non-Cash Investing and Financing Activities










                The accompanying notes are an integral part
                of these consolidated financial statements.



                      CUMBERLAND HEALTHCARE, L.P. I-A
                                     
                          (a Limited Partnership)
                                     
                NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                                     
                             DECEMBER 31, 1996

NOTE 1 - ORGANIZATION:

      Cumberland  Healthcare,  L.P.  I-A  (the  "Partnership"),  a  limited
partnership,  was  organized under the provisions of the  Delaware  Revised
Uniform Limited Partnership Act as amended.  Operations commenced on  March
13,  1986, for the purpose of acquiring and leasing nursing homes.  On  May
8,  1996,  the limited partners approved a plan of liquidation pursuant  to
which  the Partnership will be dissolved and its affairs wound up  pursuant
to Article XIV of the Limited Partnership Agreement.

      Medical  Investments  Partners,  the  General  Partner,  manages  and
controls  the business and affairs of the Partnership.  Medical Investments
Partners is a Florida general partnership whose corporate partners  are  RJ
Health  Properties, Inc. and RJ Medical Investors, Inc., both  wholly-owned
subsidiaries of Raymond James Financial, Inc.

      These  consolidated  financial statements  include  the  accounts  of
several  limited  partnerships in which the Partnership is  a  99%  Limited
Partner.   Detailed  information  as to the  consolidated  entities  is  as
follows:

                            Net Book Value               Income/Loss
                            of Investment     Net           Sharing
                   General  Properties at    Income    Limited  General
Partnership Name   Partners     12/31/96     (Loss)   Partners  Partners

Cumberland
Healthcare,       Medical
L.P. I-A          Investments $ 2,962,174 $ 8,760,996     N/A    N/A
                  Partners

Cumberland
Healthcare,       Medical
L.P. I-B *        Investments   2,040,389      83,020     99%     1%
                  Partners &
                  Olympic Health
                  Services, Inc.

Cumberland
Healthcare,       Medical
L.P. I-C          Investments           0   3,518,546     99%     1%
                  Partners

                  Total       $ 5,002,563 $12,362,562

*  A  50%  interest was sold to Olympic Health Services, Inc.  and  William
Littlejohn effective as  of January 1, 1993.

     Allocation of Net Income and Net Losses

      Net  income and loss of the Partnership, other than that attributable
to a sale or other disposition of the properties, shall be allocated 98% to
the  limited partners and 2% to the General Partner.  Any distributions  of
cash  from operations for any year shall be distributed 98% to the  limited
partners  and  2%  to the General Partner until the limited  partners  have
received distributions of cash from operations for such year equal to 9% of
their  respective adjusted capital contribution; thereafter, any  remaining
cash from operations for such calendar year shall be distributed 85% to the
limited  partners and 15% to the General Partner.  In no event  shall  such
cash  from  operations distributed to the General Partner for any  calendar
year exceed 10% of the total distributions of cash from operations made for
such calendar year.

      Net  income  or loss and cash distributions from the  sale  or  other
disposition  of  the  Properties will be allocated  as  formulated  in  the
Limited Partnership Agreement.


                      CUMBERLAND HEALTHCARE, L.P. I-A
                                     
                          (a Limited Partnership)
                                     
          NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
                                     
                             DECEMBER 31, 1996

NOTE 2 - SIGNIFICANT ACCOUNTING POLICIES:

    Basis of Accounting

     The  accompanying  financial statements are prepared  on  the  accrual
basis.  Revenues are recognized when earned and expenses are recognized  as
obligations when incurred.  These financial statements include the accounts
of Cumberland Healthcare, L.P. I-B and Cumberland Healthcare, L.P. I-C.  In
Cumberland Healthcare, L.P. I-C, the Partnership is a 99% Limited  Partner.
In  Cumberland Healthcare, L.P. I-B, the Partnership is a 49  1/2%  Limited
Partner  with William Littlejohn being a 49 1/2% Limited Partner (see  Note
9).   The  only activity of these entities is to hold title for certain  of
the  properties  included in these financial statements.  See  Note  1  for
further explanation.

    Cash and Cash Equivalents

     It  is  the  Partnership's policy to include all money  market  funds,
commercial  paper  and  banker's acceptances with an original  maturity  of
three months or less in Cash and Cash Equivalents.

    Concentrations of Credit Risk

     Financial  instruments which potentially subject  the  Partnership  to
concentrations of credit risk consist principally of short-term investments
and receivables.

     The Partnership's short-term investments are primarily in high quality
securities  placed  with  institutions  with  high  credit  ratings.    The
Partnership's  investment policy limits the exposure  to  concentration  of
credit risk.

The  Partnership's  receivables are related to  medical  services  and  are
primarily  due from federal and state agencies in California and Washington
and are not collateralized.

     The  Partnership  maintains deposits in excess  of  federally  insured
limits.   Statement  of  Financial Accounting Standards  No.  105  requires
disclosure regardless of the degree of risk.

    Investment Properties

     These assets are carried at the lower of cost, or net realizable value
plus   a  revaluation  increase  for  Olympic  Health  Care  of  Cumberland
Healthcare, L.P. I-B.  Impairment in value is reflected as an adjustment to
carrying value when appropriate.  There was no impairment in value in  1995
or 1996.

     Major  additions are capitalized while replacements,  maintenance  and
repairs  which  do not improve or extend the life of the respective  assets
are expensed currently.  When property is retired or otherwise disposed of,
the  cost of the property is eliminated from the asset account, accumulated
depreciation is charged with an amount equal to the depreciation  provided,
and the difference, if any, is charged or credited to income.

     Depreciation  is  provided for on the straight-line  method  over  the
estimated useful lives which are as follows:

          Building and Improvements:            35 Years
          Furniture and Fixtures:               8 Years
          Leasehold Interest:                   8-28 Years

    Deferred Debt Costs

     Deferred debt costs represent the cost of obtaining financing for  the
Partnership.   Such cost is being amortized on a straight-line  basis  over
the life of the remaining loan, which expires 2013.

                      CUMBERLAND HEALTHCARE, L.P. I-A
                          (a Limited Partnership)
                                     
          NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
                                     
                             DECEMBER 31, 1996

NOTE 2 - SIGNIFICANT ACCOUNTING POLICIES: (Continued)

    Medicare/Medicaid Settlements

     The  Partnership does not record any Medicare or Medi-Cal  receivables
above their current rate of reimbursement.  No receivables are recorded for
cost  report  settlements. The accounts payable for third party settlements
for prior years were $100,000 and $378,851 for the years ended December 31,
1996 and 1995, respectively.

    Resident Service Revenues

      Resident  Service  Revenues  are  reported  net  of  provisions   for
contractual and other adjustments in the Consolidated Statements of  Income
for  financial  reporting  purposes.  There are no  revenues  from  outside
donations included in Resident Service Revenues.

    Income Taxes

     Federal  and  state income tax regulations provide that taxes  on  the
income  or loss of the Partnership are reportable by the Partners in  their
individual  income tax returns.  Accordingly, no provision for  such  taxes
has been made.

    Intangible Assets

     Intangible assets are comprised of a licensing fee and goodwill  which
were  recognized upon the revaluation of assets due to the sale of one half
of  the  Partnership's interest in Cumberland Healthcare,  L.P.  I-B.   The
licensing  fee represents the value of the license to operate  the  Olympic
Health  Care  Center.  Goodwill represents the excess of the  cost  of  the
partnership  interest  over the fair value of the  net  assets  as  of  the
revaluation date, January 1, 1993.  These items are being amortized on  the
straight line method over 40 years.

    Leases

     The  Partnership  accounted  for all its leases  under  the  operating
method,  with  the  leased property recorded as  an  asset  at  cost.   The
leasehold interest was being amortized over the remaining life of the lease
(28 years) on the straight-line method.

    Use of Estimates in the Preparation of Financial Statements

     The  preparation of financial statements in conformity with  generally
accepted  accounting principles requires the use of estimates  that  affect
certain  reported amounts and disclosures.  These estimates  are  based  on
management's  knowledge and experience.  Accordingly, actual results  could
differ from these estimates.

    Reclassification

     Certain  items  in  the 1995 and 1994 financial statements  have  been
reclassified  for  comparative  purposes  to  conform  with  the  financial
statement presentation used in the 1996 statements.

NOTE 3 - RELATED PARTY TRANSACTIONS:

     The  General  Partner  manages  the operations  of  the  Partnership's
investment properties and is entitled to a property management fee equal to
1.25%  of  gross lease payments received by the Partnership.  This amounted
to $17,391, $41,287 and $39,531 for 1996, 1995 and 1994, respectively.

     The General Partner is reimbursed for general and administrative costs
on  an  accountable basis.  The General Partner's reimbursable  costs  were
$42,881,  $28,067  and  $6,908  for  1996,  1995  and  1994,  respectively.
Affiliates of the General Partner are reimbursed for direct costs  incurred
on  behalf  of  the  Partnership.  Direct reimbursable  costs  amounted  to
$7,946,  $7,920  and  $1,153 for 1996, 1995 and 1994, respectively.   These
costs are included in the Consolidated Statements of Income.


                      CUMBERLAND HEALTHCARE, L.P. I-A
                          (a Limited Partnership)
          NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
                             DECEMBER 31, 1996
                                     
NOTE 3 - RELATED PARTY TRANSACTIONS: (Continued)

     The General Partner is reimbursed a general and administration fee  of
up to .5% of the Partnership's aggregate capital contributions on an annual
basis  for  certain  expenses incurred on behalf of the  Partnership.   The
General Partner's reimbursable expenses were $9,100, $8,210 and $1,696  for
1996, 1995 and 1994, respectively.  These expenses are accrued but not paid
and are included in the Consolidated Statements of Income.

     As  of  December 31, 1996, 1995 and 1994, the amounts payable  to  the
General  Partner and affiliates for the above items are $336,929,  $357,453
and $338,963, respectively.  The payable is non-interest bearing, unsecured
and payable on demand.

NOTE 4 -NOTES RECEIVABLE:

     The  notes receivable is recorded at its face value.  The  note  is  a
promissory  note  with  a maturity date of May 29,  2001,  secured  by  the
personal  guarantee of the principal shareholder of Life  Care  Centers  of
America, Inc.  Interest shall accrue at the rate of 10% per annum and shall
be  payable monthly at the rate of 5% per annum.  The unpaid interest shall
accrue.   The  Partnership has the right to demand payment in full  at  any
time on or after December 28, 1997, with 60 days prior written notice.   If
the  Partnership exercises its right to demand payment before the  maturity
date, the 5% accrued interest shall be canceled.

NOTE 5 - LEASES AND INVESTMENT PROPERTIES:

    Leases

     The  Partnership  leased Hillcrest Care Center to  Arbor  Health  Care
Company  ("Arbor").  The lease with Arbor required the  lessee  to  make  a
minimum  rent  payment  of $330,000 per year and additional  rent  payments
based  on  four  percent (4%) of net revenue.  Total  lease  payments  were
capped  annually  at $545,000.  The lessee had an option  to  purchase  the
facility which became effective February 1, 1995 and terminated February 1,
1997,  at  an  amount determined according to the lease  agreement.   Arbor
exercised its option to purchase Hillcrest Care Center and on September 20,
1996,  the purchase was closed with the payment of $5,750,000 by  Arbor  to
Cumberland Healthcare I-C.

     The  Partnership leased Bel Tooren, Imperial, La Habra, Mirada  Hills,
Northwalk,  Rimrock and Sun City to Life Care Centers of America  ("LCCA").
The  Leases required a minimum rent payment of $2,408,932 annually with  an
annual adjustment based on 6% of the increase in resident service revenues.
These  payments have amounted to $1,022,994, $2,474,732 and $2,358,813  for
1996,  1995  and 1994, respectively.  The Leases also called for  incentive
rent  based  on an equal sharing of profits.  There has been  no  incentive
rent  to  date.   The  Lessee  had an option  to  purchase  the  facilities
beginning June 1, 1999 and ending December 31, 1999.  The Leases would have
expired in May 2000.
                                     
     LCCA's obligations under the leases were personally guaranteed by  the
principal shareholder of LCCA.

     The  Partnership entered into an agreement with LCCA on August 4, 1995
(the  "Purchase Agreement") pursuant to which LCCA agreed to purchase seven
nursing   facilities  located  in  California  for  a  purchase  price   of
$17,900,000.

The  Purchase Agreement required the purchase price to be paid by  LCCA  as
follows:

(a)   LCCA  would  assume the indebtedness secured by  a  mortgage  on  the
    Rimrock Facility.

(b)   LCCA  would deliver a purchase money note in the amount of $1,000,000
    guaranteed  by its principal shareholder to the Partnership (the  "LCCA
    Note").   The  LCCA Note would mature on the fifth anniversary  of  its
    issuance but could be accelerated at the option of the Partnership at the
    end of 1997.  A portion of the accrued interest would be payable monthly
    and the balance would be due on the maturity of the LCCA Note.  However, if
    the  Partnership exercised its right to call the Note after  1997,  the
    accrued  interest  which would otherwise be due at  maturity  would  be
    canceled; and

(c)   The balance of the purchase price would be paid in cash at closing by
    federal funds wire transfer to the Partnership.


                      CUMBERLAND HEALTHCARE, L.P. I-A
                          (a Limited Partnership)
                                     
          NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
                             DECEMBER 31, 1996

NOTE 5 - LEASES AND INVESTMENT PROPERTIES:(Continued)

    Leases (Continued)

     Closing  of the LCCA transaction was contingent upon approval  of  the
plan  by  a  majority interest of the Limited Partners.   Approval  by  the
Partners  for the sale of the LCCA Homes was granted May 8, 1996.   On  May
29,  1996, the closing of the sale of the LCCA Homes finalized the Purchase
Agreement requirements and terminated all lease agreements previously  held
between the Partnership and LCCA.

     Effective September 19, 1990, the Partnership entered into a  ten-year
lease with FHP, Inc. ("FHP"), the principal subsidiary of FHP International
Corporation, for Rancho Los Padres.  The lease required FHP, as lessee,  to
make a monthly minimum lease payment of $22,000 ($264,000 annually) for the
first  year,  $24,500 ($294,000 annually) for the second year, and  $24,500
plus  the  greater  of the Medi-Cal rate increase or consumer  price  index
increase,  but  not less than 3% nor more than 8%, for years three  through
ten of the lease.

     On  October  25,  1995, a Lease Termination Agreement  was  signed  by
Cumberland  Healthcare ("Cumberland") and FHP, Inc. relating to FHP-Norwalk
f/k/a  Rancho  Los Padres whereby Cumberland would receive an  early  lease
termination  payment.   A  Management Agreement  was  also  signed  whereby
Cumberland  would become the interim operator of the facility.   The  Lease
Termination Agreement was consummated January 1996 (see Note 11).

     Due  to the sale of the Partnership's leased properties, there  is  no
future rental income on non-cancelable leases to report.

Rental Income Included in Discontinued Operations

                  1996             1995             1994

Contingent     $   118,577      $   169,193      $   148,185
Guaranteed       1,311,626        3,165,985        3,045,175

Total          $ 1,430,203      $ 3,335,178      $ 3,193,360

    The Partnership continues to operate Olympic nursing home pursuant to a
management contract (which continues on a month to month basis with no  set
termination date) with a third party operator.  Paramount Chateau is  being
managed  under an employment contract (which continues on an annual renewal
each  September 30) with a third party operator.  As a result  of  the  FHP
lease  termination,  the  Partnership  commenced  operating  Pacific  Palms
Skilled Nursing in January 1996.

    Investment Properties

     The schedule below reflects purchase dates and construction years  for
the facilities owned by the Partnership as of December 31, 1996:

                                  Purchase      Construction
Facility Name and Location          Date            Year

Operated Facilities:
Olympic Health Care Center*
     Sequim, Washington          11/19/86        1978 & 1994

Paramount Chateau Convalescent Hospital
     Paramount, California        4/02/86           1969

Pacific Palms Skilled Nursing**
     Norwalk, California          4/02/86           1964

*  A  50%  interest was sold to Olympic Health Services, Inc.  and  William
Littlejohn effective January 1, 1993.

**  As  of  January 1, 1996, Pacific Palms Skilled Nursing  became  an
operated home.


                      CUMBERLAND HEALTHCARE, L.P. I-A
                          (a Limited Partnership)
          NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
                             DECEMBER 31, 1996
                                     
NOTE 5 - LEASES AND INVESTMENT PROPERTIES: (Continued)

      A  summary  of  the land, buildings and personal  property,  and
accumulated depreciation and amortization at December 31, 1996  is  as
follows:

                        Buildings            Accumulated
                       & Personal           Depreciation &  Net Book
Facility Name Land      Property   Total    Amortization      Value

Olympic       180,000   2,803,455  2,983,455   (943,066)   2,040,389*
Paramount     740,956   1,549,422  2,290,378   (819,458)   1,470,920
Pacific Palms 613,149   1,531,768  2,144,917   (653,663)   1,491,254

Total      $1,534,105  $5,884,645 $7,418,750$(2,416,187) $ 5,002,563

* This includes a 50% minority interest and revaluation of the assets.

       A  summary  of  the  land,  buildings,  personal  property  and
accumulated  depreciation for the years ended December  31,  1996  and
1995 is as follows:

                         1996        1996       1995         1995
                       Operated     Leased    Operated      Leased
Land                  $ 1,534,105 $        0 $   920,956 $ 3,761,787
Buildings               4,555,358          0   3,277,814  16,332,237
Furniture & Fixtures    1,329,287          0     919,500   4,332,749
Leasehold Interest              0          0           0     849,658
                        7,418,750          0   5,118,270  25,276,431
Accum. Depreciation
and Amortization      (2,416,187)          0 (1,621,407)  (9,613,875)
                     $ 5,002,563  $        0 $3,496,863  $15,662,556

NOTE 6 - MORTGAGE NOTES PAYABLE:

     Mortgage notes payable are summarized below:

                                 December 31,December 31,
     Mortgagor                     1996         1995
     WMF/Huntoon, Paige          $         0 $ 1,824,971
     GMAC Commercial Mortgage Corp.        0   1,268,902
     U.S. Bank of Oregon           1,256,214   1,287,989
     Provident Bank                        0   2,181,722
     First Union National Bank             0   1,383,333
                                 $ 1,256,214 $ 7,946,917

WMF/Huntoon, Paige:           December 31, 1996 - $         0
                              December 31, 1995 - $ 1,824,971

      This mortgage note was payable with a variable interest rate of 3.25%
over  the  auction average for 6-month Treasury Bills, adjusted  every  six
months, payable in monthly installments of principal and interest, based on
a  30-year  amortization  schedule, adjusted to  reflect  current  interest
rates,  with a balloon payment due April 30, 1996.  A principal payment  of
$950,000 was made in December of 1994 from proceeds received from the First
Union loan.  A final principal payment of $1,814,307 was made May 29, 1996,
from proceeds received from the LCCA Homes sale.  This note was secured  by
Sun City Convalescent Center.

GMAC Commercial
 Mortgage Corp.:              December 31, 1996 - $         0
                              December 31, 1995 - $ 1,268,902

      An  8.5%  mortgage note, payable in monthly installments of principal
and interest of $12,305, with a final payment of $1,341,069, originally due
December  31,  1991, secured by Rimrock Villa Convalescent Center.   As  of
December 31, 1991, a two-year extension was elected, the interest rate  was
fixed at 8.5% and the loan became due January 1, 1994, with a final payment
of  $1,318,004.   A second extension was granted February  1994  by  G.F.I.
Commercial Mortgage, L.P.  The terms of the loan remained the same with the
exception  that  this extension could be terminated with  30  days  written
notice  from G.F.I.  This note was assumed by Life Care Centers of America,
Inc. as a condition of sale of the LCCA Homes.


                      CUMBERLAND HEALTHCARE, L.P. I-A
                          (a Limited Partnership)
          NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
                             DECEMBER 31, 1996
                                     
NOTE 6 - MORTGAGE NOTES PAYABLE: (Continued)

Provident Bank:                December 31, 1996 - $         0
                               December 31, 1995 - $ 2,181,722

     The  note  with  Provident Bank consisted of a  mortgage,  secured  by
Hillcrest Care Center, payable in monthly installments, amortized on a  15-
year  schedule.  The interest rate was fixed for three years at  7.59%  and
had  a  balloon  payment  due on September 30,  1997  of  $1,974,936.   The
interest  rate was reset on October 1, 1995, at 325 basis points above  the
average  yield of United States Treasury Securities adjusted to a  constant
maturity of three years.  A final principal payment of $2,110,513 was  made
September 20, 1996, from proceeds received from the sale of Hillcrest  Care
Center to Arbor.

U.S. Bank of Oregon:           December 31, 1996 - $ 1,256,214
                               December 31, 1995 - $ 1,287,989

     U.S. Bank of Oregon mortgage note payable has a fixed interest rate of
8.75%, payable monthly in installments of principal and interest based on a
20-year  amortization  schedule, with a balloon payment  due  September  1,
2013.  This note is secured by Olympic Health Care Center.

First Union National Bank:     December 31, 1996 - $         0
                               December 31, 1995 - $ 1,383,333

    First Union mortgage note had a variable interest rate based on the 90-
day  LIBOR  rate  plus 275 basis points payable monthly in installments  of
principal  and  interest based on a fixed principal payment  of  $10,606.06
plus  the  accrued monthly interest with all remaining funds  due  May  30,
2000.   A  final principal payment of $1,298,485 was made August 15,  1996,
from  proceeds  received  from the FHP, Inc. lease termination  settlement.
This  note was secured by Pacific Palms Skilled Nursing f/k/a FHP - Norwalk
f/k/a Rancho Los Padres.

     The  aggregate annual maturities of all of the Partnership's  mortgage
notes payable for the succeeding five years and thereafter are as follows:

                        Year                 Total
                        1997               $  34,603
                        1998                  37,755
                        1999                  41,195
                        2000                  44,947
                        2001                  49,042
                      Thereafter           1,048,672
                                          $1,256,214
NOTE 7 - REVOLVING LINE OF CREDIT:

     Raymond  James Financial, Inc. entered into a revolving loan agreement
December  28, 1994 which provided that Raymond James Financial, Inc.  would
advance  to  the Partnership, on a revolving basis up to $5,000,000  at  an
interest  rate  of  15.5%.   The  Partnership  granted  to  Raymond   James
Financial,  Inc. a security interest in virtually all of the  Partnership's
real  estate assets and LCCA Leases to secure any advances under  the  loan
agreement.  The loan agreement was canceled in May 1996.

NOTE 8 - TAXABLE INCOME:

  The  financial  statements of the Partnership  and  the  Partnership  tax
returns   are  prepared  on  the  accrual  basis.   The  following   is   a
reconciliation  between  net  income  per  the  financial  statements   and
Partnership net income for tax purposes:

                                  1996        1995        1994
Net income (loss) per
   financial  statements      $12,362,562 $ 1,966,546 $1,613,748
Tax depreciation and amortization
  in excess of book depreciation (265,398)   (539,176)  (322,587)
Gain on sale of Assets          2,025,263           0          0
Other Adjustments                 176,393       6,652    (20,139)
Partnership income (loss) for
  tax purposes                $14,298,820  $1,434,022 $1,271,022


                      CUMBERLAND HEALTHCARE, L.P. I-A
                          (a Limited Partnership)
          NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
                                     
                             DECEMBER 31, 1996
                                     
NOTE 9- ADDITIONAL CASH FLOW INFORMATION:

     The Partnership's non-cash investing and financing activities for  the
years ended December 31, 1996, 1995 and 1994 were as follows:

    December 31, 1996:

Notes Receivable                                             $ 1,000,000
Assumed Mortgage                                               1,259,719
      Construction in Progress Paid in Prior Year
        Transferred to Investment Property in 1996                74,324

    December 31, 1995:
      None to Report

    December 31, 1994:
      Reduction in Accounts Receivable from Minority Interest
        for Payments of Construction in Progress of Partnership
            Assets Made Directly by the Minority Interest    $   201,034
      Partnership Investment Property Additions Paid Directly
        by Minority Interest                                 $   513,580
      Construction in Progress Paid in Prior Year Transferred
        to Investment Property in 1994                       $   307,543

NOTE 10 - LEGAL PROCEEDINGS:

    The General Partner is not aware of any uninsured open claims that have
been  filed against the Partnership.  Therefore, no provision has been made
in the accompanying financial statements.

NOTE 11- DISTRIBUTIONS:

    The 1996 cash distributions to limited partners were $18,150,000 (60.5%
of  capital  contributions) and for 1995 totaled $1,500,000 (5% of  capital
contributions).   The 1996 distributions represented a return  of  capital.
Future distributions will be at a level that is warranted by the cash  flow
and profits of the Partnership.

NOTE 12 - PRIOR PERIOD ADJUSTMENT:

     The  accompanying financial statements for 1994 have been restated  to
correct an error made in 1994 relating to depreciation expense.  The effect
of  the  restatement was to decrease depreciation expense and increase  net
income  for  1994  by $314,789 ($10.28 per $1,000 Limited Partnership  Unit
Outstanding).  The error occurred because a computer generated depreciation
schedule was not properly programmed to cease depreciation on assets  whose
depreciable  lives ended midway through 1994.  In order to prevent  further
occurrences  of  this error, all assets were reentered on new  depreciation
software.   Since  1994  was the first year that any  assets  became  fully
depreciated, no other years were affected.

Note 13 - RISKS AND UNCERTAINTIES:

     Proposed federal Medicare cuts could have a significant effect on  the
future  revenue  stream  of  the Partnership  if  such  proposals  reducing
Medicare growth are signed into law in the near future.

Note 14 - DISCONTINUED OPERATIONS:

     As  more  fully discussed in Note 5, the Partnership sold 8 of  its  9
third-party leased homes in 1996, and as a result of the lease termination,
became  the  operator  of the 9th home.  As a result, the  Partnership  has
discontinued the leasing segment of its operations.  The real estate rental
revenues  from  discontinued  operations were  $1,430,203,  $3,335,178  and
$3,193,360  for  the  years  ended  December  31,  1996,  1995  and   1994,
respectively.


                      CUMBERLAND HEALTHCARE, L.P. I-A
                          (a Limited Partnership)
          NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
                             DECEMBER 31, 1996
                                     
Note 14 - DISCONTINUED OPERATIONS: (Continued)

     The following assets and liabilities from discontinued operations were
included in the 1995 balance sheet.

     Accounts Receivable               $    44,000
     Deferred Debt Cost                     46,195
     Investment Properties
       (Net of Accum.Depreciation)      15,662,556
     Accounts Payable                     (332,486)
     Interest Payable                      (34,646)
     Payable to General Partner            (11,054)
     Mortgage Notes Payable             (6,658,928)

     Net Assets of Discontinued
       Operations                      $ 8,715,637

      The  income statements for the years ended December 31, 1995 and 1994
have  been  restated  to reclassify the operating results  of  the  leasing
segment to discontinued operations.

      As  a  result of the sale of the eight leased homes, the  Partnership
realized a gain on sale of assets of $9,732,487.  As a result of the  lease
termination on the ninth home, the Partnership realized a lease termination
settlement of $1,293,464.

Note 15 - TERMINATION AND DISSOLUTION OF THE PARTNERSHIP

      On  May  8, 1996, the limited partners approved a plan of liquidation
pursuant  to which the Partnership will be dissolved and its affairs  wound
up  pursuant  to Article XIV of the Limited Partnership Agreement  and  its
assets  be liquidated with the proceeds of such liquidation to be  expended
and  distributed  as required by the Limited Partnership  Agreement.   Upon
distribution of all of the assets of the Partnership, the Partnership  will
be terminated.

Item 9.   Disagreements on Accounting and Financial Disclosures

     None.
                            PART III

Item 10.  Directors and Executive Officers of the Registrant

     The General Partner is Medical Investments Partners ("MIP"), a Florida
General  Partnership with two Partners, RJ Health Properties, Inc. ("RJHP")
(99%  interest in MIP) and RJ Medical Investors, Inc. ("RJMI") (1% interest
in MIP).

      RJHP  is  the  Managing General Partner of MIP, who  is  the  General
Partner  of  Cumberland Healthcare.  RJHP is owned 100%  by  Raymond  James
Financial, Inc.  All of the officers and directors of RJHP are employees of
either Raymond James Financial, Inc. or Raymond James & Associates, Inc.

      The  Board of Directors of RJHP currently has two members.  Directors
hold  their terms until the annual meeting of the parent company  at  which
time they are reaffirmed.  Executive officers serve at the pleasure of  the
Board.

RJ Health Properties, Inc. Board of Directors and Executive Officers:

      Fred  E.  Whaley, age 51, has been the President and Director  of  RJ
Health Properties, Inc. since January, 1986.  Mr. Whaley's term will expire
in  1997.  He joined Raymond James & Associates, Inc. in 1980.  At  Raymond
James, Mr. Whaley is a Managing Director responsible for public and private
offerings, mergers and acquisitions and leveraged buyouts.

      J.  Davenport  Mosby  III, age 41, has been the  Vice  President  and
Director  of RJ Health Properties, Inc. since December, 1988.  Mr.  Mosby's
term  will  expire in 1997.  He is a Managing Director of Raymond  James  &
Associates,  Inc., which he joined in 1982.  He is head of the  Partnership
Investment  Banking  department, which originates and  markets  public  and
private limited partnerships.

Item 11.  Executive Compensation

      The  directors  and officers of RJ Health Properties, Inc.,  managing
General  Partner  of  Medical Investments Partners the General  Partner  of
Cumberland Healthcare, do not receive any compensation from the Partnership
or  any  of  its  affiliates for acting in the capacity of  a  director  or
officer of RJ Health Properties, Inc.

Item 12.  Security Ownership of Certain Beneficial Owners and Management

      The corporate partners of Medical Investments Partners, as purchasers
of Partnership units, do not own any units of the outstanding securities of
the  Partnership  as of December 31, 1996.  Directors and officers  of  the
General  Partners  of  Medical Investments Partners do  own  units  of  the
outstanding securities of the Partnership as of December 31,  1996.   In  a
secondary market transaction 45 units were acquired by J. Davenport  Mosby,
III, Vice President and Director.

      The  Registrant is a Limited Partnership and therefore does not  have
voting  shares  of stock.  To the knowledge of the Partnership,  no  person
owns   of  record  or  beneficially  more  than  5%  of  the  Partnership's
outstanding units.

Item 13.  Certain Relationships and Related Transactions

      The  Partnership  has no officers or directors.  However,  under  the
terms  of  the public offering, various kinds of compensation and fees  are
payable  to  the General Partner and its affiliates during the organization
and operations of the Partnership.  The General Partner received a property
management  fee  of $17,391, $41,287 and $39,531 for 1996, 1995  and  1994,
respectively.   Reimbursement  to  the  General  Partner  for  general  and
administrative costs amounted to $42,881, $28,067 and $6,908 for 1996, 1995
and  1994,  respectively.  Reimbursable expenses to the General Partner  on
behalf  of the Partnership amounted to $9,100, $8,210 and $1,696 for  1996,
1995  and  1994, respectively.  Direct reimbursable costs to affiliates  of
the  General Partner amounted to $7,946, $7,920 and $1,153 for  1996,  1995
and  1994,  respectively.   Total  payments  to  the  General  Partner  and
affiliates amounted to $218,368, $364,493 and $338,963 for 1996,  1995  and
1994, respectively.
                                     
                                  PART IV

Item 14. Exhibits, Financial Statement Schedules and Reports on Form 8-K

A.      (1)  Financial  Statements - See accompanying  index  to  financial
        statements, Item 8.

        (2) Financial Statement Schedules -

       Schedule VIII - Valuation and Qualifying Accounts and Reserves
       Schedule X - Supplementary Income Statement Information

All  other schedules for the Partnership have been omitted as not required,
not applicable, or the information required to be shown therein is included
in the financial statements and related notes.

Table Number
        Page

        (3) Exhibit Index -                                             
    
     2  Plan  of  acquisition, organization, arrangement, liquidation  or
        succession                                                     * 
     3  Articles of Incorporation and By-laws                          *
  3.10  Amended  Certificate  and Agreement  of  Limited  Partnership  of
Columbia
        Healthcare Partnership II-A, L.P. dated November 19, 1986 among
        Columbia Healthcare Partners Inc., Medical Investments Partners,
        Alfred W. Taylor, III, and Cumberland Healthcare, L.P. I-A     **
   3.11 Amended Agreement of Limited Partnership of Cumberland Healthcare,
         L.P.  I-C  dated  November  19,  1986  among  Medical  Investments
Partners,
        Frank N. Fleischer, and Cumberland Healthcare, L.P. I-A        **
    3.12  Amended  Certificate  and Agreement  of  Limited  Partnership  of
Columbia
        Healthcare Partners III-A dated November 19, 1986 among Columbia
        Healthcare Partners, Inc., Medical Investments Partners, Alfred W.
        Taylor, III, and Cumberland Healthcare, L.P. I-A               **
   3.13 Amended Agreement of Limited Partnership of Cumberland Healthcare,
         L.P.  I-B  dated  November  19,  1986  among  Medical  Investments
Partners,
        Frank N. Fleischer, and Cumberland Healthcare, L.P. I-A        **
    4     Instruments  defining the rights of security  holders,  including
debentures                                                              *
   9    Voting Trust Agreement                                        ***
   10   Material Contracts                                            ***
   10.7 Quakertown Lease Agreement dated December 1, 1986 between Columbia
        Healthcare Partners, II-A, L.P. and Columbia East Corporation. **
   10.8 First Amendment to Lease Agreement dated February 3, 1987 between
          Columbia  Healthcare  Partners  II-A,  L.P.  and  Columbia   East
Corporation.                                                           **
   10.9 Mortgage Note for $3,500,000 dated as of December 8, 1986 between
        Columbia Healthcare Partners II-A, L.P. and Rhode Island Hospital
        Trust National Bank.                                           **
    10.10   Mortgage  and Security Agreement dated as of December  8,  1986
between
        Columbia Healthcare Partners II-A, L.P. and Rhode Island Hospital
        Trust National Bank.                                           **
   10.11  Subordination Agreement dated as of December 8, 1986 between
         Columbia  Healthcare  Partners  II-A,  L.P.,  Medical  Investments
Partners,
         Columbia  East Corporation and Columbia Corporation  in  favor  of
Rhode
        Island Hospital Trust National Bank.                           **
   10.12  Conditional Assignment dated as of December 8, 1986 by Columbia
         Healthcare  Partners  II-A, L.P. to Rhode  Island  Hospital  Trust
National
        Bank.                                                          **
   10.13  UCC Financing Statement dated December 8, 1986 between Columbia
         Healthcare  Partners  II-A, L.P. and Rhode Island  Hospital  Trust
National
        Bank.                                                          **
   10.14   Hillcrest  Lease  Agreement  dated  February  3,  1987  between
Cumberland
        Healthcare, L.P. I-C and Columbia East Corporation.            **
   10.15  Hopkins House Lease Agreement dated February 3, 1987 between
        Columbia Healthcare Partners, III-A, and Columbia East Corporation.
                                                                       **
   10.16   Olympic  Lease Agreement dated as of February 3,  1987  between
Cumberland
        Healthcare, L.P. I-B and Columbia West Corporation.            **
   11   Computation  of per-share  earnings                           ***
   12   Computation  of  ratios                                       ***
   13   Annual  report to security  holders                           ***
   16.1 Letter  regarding change in certifying  accountants            **
   18   Letter  regarding change in accounting  principles            ***
   19   Previously unfiled documents                                  ***
   22   Subsidiaries of  the  Registrant                              ***
   23   Published report regarding matters submitted to a vote of security
        holders                                                       ***
   24   Consents  of experts and  counsel                             ***
   25   Power  of  Attorney                                           ***
   28   Additional Exhibits
   28.01  Excerpts from Appraisal Report for Quakertown Manor Care Center
as of February 1, 1986                                                 **
   28.02  Excerpts from Appraisal Report for Hillcrest Care Center as of
September 3, 1986                                                      **

   28.03  Excerpts from Appraisal Report for Hopkins House Nursing Home as
        of July 14, 1986                                               **
   28.04  Excerpts from Appraisal Report for Olympic Health Care Center as
of August 19, 1986                                                     **
   28.05  Letter to limited partner dated June  24,  1988              **
   28.06  Restructuring Agreement by and among Cumberland Healthcare,
          L.P.  I-A, Cumberland Healthcare, L.P. I-B, Cumberland Healthcare,
L.P. I-C, and Columbia Healthcare Partners III-A, and Carteret Savings
        Bank, F.A. and The Howard Savings Bank, dated April 6, 1989. ****

   28.07  Release and Indemnification made and entered into as of the 6th
        day of April, 1989, by Cumberland Healthcare, L.P. I-A, Cumberland
        Healthcare, L.P. I-B, Cumberland Healthcare, L.P. I-C, and
        Columbia Healthcare Partners III-A (collectively "Borrowers")
        and Carteret Savings Bank, F.A., and The Howard Savings Bank
        (collectively "Lenders").                                    ****
    28.08   Assignment of Leases made as of the 6th day of April, 1989,  by
and
        between Cumberland Healthcare, L.P. I-A ("Assignor") Carteret
        Savings Bank, F.A. ("Assignee") and Life Care Centers of
        America, Inc. ("Lessee").                                    ****
    28.09   Second  Amended  and Restated Master Lease  between  Cumberland
Healthcare,
        L.P. I-A, Lessor, and Life Care Centers of America, Inc., a
         Tennessee  corporation, Lessee, dated as of  March  1,  1989  (Bel
Tooren
        Villa, La Habra, North Walk, and Rancho Los Padres Facilities)****
   28.10  Second Amended and Restated Management Agreement made and entered
        into effective as of the 1st day of March, 1989, by and between
        Cumberland Healthcare, L.P. I-A ("Owner") and Life Care Centers
        of America, Inc. ("Manager").                                ****
   28.11  Second Amended and Restated Unconditional Guaranty of Payment and
        Performance dated as of the 6th day of April, 1989 by and between
        Forrest L. Preston ("Guarantor"), Cumberland Healthcare, L.P. I-A
        ("Lessor"), and Life Care Centers of America, Inc. ("Lessee").****
    28.12   Facility Lease (Hillcrest Facility) dated as of the 1st day  of
February,
        1989, among Cumberland Healthcare, L.P. I-C, ("Lessor") and Arbor
        Health Care Company ("Lessee").                              ****
   28.13  Open End Mortgage and Security Agreement executed on the 18th day
        of April, 1989, between Cumberland Healthcare, L.P. I-C,
        ("Mortgagor") and Southeast Bank, N.A. ("Lender").           ****
   28.14  Note dated April 18, 1989 between Cumberland Healthcare, L.P. I-C
        ("Maker") and Southeast Bank, N.A. ("Holder") in the amount of
        $2,600,000.                                                  ****
    28.15   Reimbursement, Indemnification and Security Agreement made  and
entered
        into as of the 18th day of April, 1989 by and among Raymond James
        Financial, Inc., RJ Health Properties, Inc., Raymond James
        Partners, Inc., Medical Investments Partners, Inc.
        (collectively the "Obligators") and Cumberland Healthcare, L.P.
        I-C (the "Limited Partner").                                 ****
   28.16  Assignment of Leases, Rents and Contract Rights made as of the
        18th day of April, 1989 by Cumberland Healthcare, L.P. I-C
        ("Assignor") to Southeast Bank, N.A. ("Assignee").           ****
   28.17  Subordination, Non-Disturbance, and Attornment Agreement made and
        entered into as of the 18th day of April, 1989, by and among
        Southeast Bank, N.A. ("Mortgagee") by Cumberland Healthcare,
        L.P. I-C ("Landlord") and Arbor Health Care Company ("Tenant").****
   28.18  Indemnity Agreement made as of the 18th day of April, 1989, from
         Cumberland Healthcare, L.P. I-C ("Borrower") and Raymond James
         Financial Corp. ("Indemnitor") to Southeast Bank, N.A. ("Lender").
                                                                       ****
   28.19  Purchase and Sale Agreement, executed August 24, 1989, by
        and between Cumberland Healthcare, L.P. I-A, Columbia Healthcare
        Partners II-A, L.P., Columbia Healthcare Partners III-A,
        collectively, "Sellers" and Multicare Management, Inc., a New York
        Corporation, Daniel E. Straus and Moshael J. Straus, "Buyers"
         covering  Holly  Manor,  Mendham, New  Jersey;  Quakertown  Manor,
Quakertown,
        Pennsylvania; and Hopkins House, Wyncote, Pennsylvania.       **
   28.20  Letter, dated September 13, 1989, referencing Quakertown Manor
        Nursing Home, Quakertown, PA, amending certain sections of the
        Purchase and Sale Agreement, dated August 24, 1989.           **
   28.21  Letter, dated October 4, 1989, referencing the Purchase and Sale
        Agreement as of July 1, 1989, amending Section 9.4 of the Purchase
        and Sale Agreement, dated August 24, 1989.                    **
    28.22   Letter,  dated  October 4, 1989, referencing  Quakertown  Manor
Nursing
        Home, Quakertown, PA, amending certain segments of the Purchase
        and Sale Agreement, dated August 24, 1989.                    **
   28.23  Purchase and Sale Agreement dated March 31, 1990, by and among
        Cumberland Healthcare, L.P., Columbia Healthcare Partners, II-A,
        L.P., and Columbia Healthcare Partners III-A, as Sellers and
        Multicare Management, Inc., Daniel E. Straus and Moshael J. Straus
         as  Buyers,  effective as of July 1, 1989,  as  amended  by  those
certain
        letter agreements, dated August 24, 1989, September 7, 1989,
         September  13,  1989,  September 14,  1989,  September  15,  1989,
September
         22,  1989,  October 4, 1989 (three letter agreements), October  6,
1989,
        October 19, 1989, October 31, 1989, November 1, 1989, and November
        17, 1989 (collectively, the "Agreement").                     **
   28.24  Fourth Amendment to the Second Amended and Restated Master Lease
        Agreement between Life Care Centers of America, Inc., a Tennessee
         corporation,  and  Cumberland Healthcare,  L.P.  I-A  ("Owner")  a
Delaware
        limited partnership dated March 1, 1989.                    *****
    28.25   Lease  between  Cumberland  Healthcare,  L.P.  I-A,  as  lessor
("Lesssor"),
        a limited partnership and FHP, Inc., a California corporation as
        lessee ("Lessee") dated September 19, 1990.                 *****
   28.26  Management Contract between Olympic Health Services, Inc., a
        Washington corporation ("OHS") and Cumberland Healthcare, L.P. I-B,
         a  Delaware limited partnership ("Owner") dated January 1, 1993.**
***
    28.27  Amended and Restated Limited Partnership Agreement by and  among
Medical
        Investments Partners, a Florida general Partnership, ("MIP"), and
        Olympic Health Services, Inc., a Washington corporation ("OHS"), as
         General  Partners,  Cumberland Healthcare, L.P.  I-A,  a  Delaware
limited
         partnership ("Cumberland"), and William W. Littlejohn, a  resident
of
        the State of Washington ("Littlejohn"), as Limited Partners dated
        January 1, 1993.                                            *****
    28.28   Sublease  among  Cumberland Healthcare,  L.P.  I-A,  as  lessor
("Sublessor"),
        a limited partnership and Life Care Centers of America, Inc., a
         Tennessee corporation as lessee ("Sublessee") dated March 1, 1989.
*****
   28.29  Deed of Trust among Cumberland Healthcare, L.P. I-B, a Delaware
        Limited Partnership, ("Grantor"); U.S. Bank of Washington, National
         Association,  ("Lender" and sometimes "Beneficiary");  and  United
States
        National Bank of Oregon ("Trustee") dated August 25, 1993.  *****
    28.30   Loan Agreement between First Union National Bank of Florida,  a
national
        banking association ("Lender") and Cumberland Healthcare, L.P. I-A,
a
         Delaware limited partnership ("Borrower") dated December 28, 1994.
*****
   28.31  Purchase and Sale Agreement between Cumberland Healthcare, L.P. I-
A,
        a Delaware limited partnership (the "Seller") and Life Care Centers
of
        America, Inc. and permitted assigns (the "Purchaser").     ******
   28.32  Revolving Loan Agreement between Cumberland Healthcare, L.P. I-A,
a Delaware limited partnership ("Borrower") and Raymond James Financial,
         Inc.,  a Florida corporation ("Lender") dated December 28, 1994.**
****
   29   Information from reports furnished to state insurance regulatory
        authorities.                                                  ***

      *   Included  with  Form  S-11, Registration No.  33-4301  previously
          filed with the Securities and Exchange Commission.
     **   Included  with Forms 8-K, as amended, previously filed  with  the
          Securities and Exchange Commission.
    ***   Exhibits  were  omitted as not required, not applicable,  or  the
          information  required to be shown therein is  included  elsewhere
          in this report.
   ****   Included  as  exhibits to Form 10-K for year ended  December  31,
          1988.
  ***** Included as exhibits to Form 10-K for year ended December 31, 1994.
 ****** Included as exhibit to Form 10-Q for period ended June 30, 1995.
******* Included as exhibit to Form 10-K for year ended December 31, 1995.

B.  Reports filed on Form 8-K - None.

C.  Exhibits filed with this Report - None

 SCHEDULE VIII - VALUATION AND QUALIFYING ACCOUNTS AND RESERVES

                             Balance at  Additions  Deductions  Balance
                             Beginning       to        From      at End
                             of Year     Reserves   Reserves    of Year

Reserve deducted in the
Balance Sheet from the asset
to which it applies:

Reserve for doubtful accounts:

Year Ended December 31, 1996   73,373    318,937     48,540    343,770
Year Ended December 31, 1995   63,866      9,507          0     73,373
Year Ended December 31, 1994   76,927      1,170     14,231     63,866

    SCHEDULE X - SUPPLEMENTARY INCOME STATEMENT INFORMATION


                                Year Ended December 31,
                               1996       1995      1994

Amortization of Deferred
  Debt Costs                   49,442    19,437    22,524
Amortization of Leasehold
  Properties                   15,422    37,498    37,498
Amortization of Intangible
  Assets                       11,095    11,095    11,095



                                SIGNATURES

      Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange  Act  of 1934, the Registrant has duly caused this  report  to  be
signed on its behalf by the undersigned thereunto duly authorized.


                                 CUMBERLAND HEALTHCARE, L.P. I-A

                                 By:  Medical Investments Partners

                                 By:  RJ Health Properties, Inc.
                                      Managing General Partner

ATTEST:



\s\Fred E. Whaley                By:  \s\J. Davenport Mosby, III,
President                             Vice President
                                     
                                     
                                     
                                     
                                SIGNATURES

      Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, this report has been signed by the following  persons
on behalf of the Registrant in the capacities and on the dates indicated.


                                 CUMBERLAND HEALTHCARE, L.P. I-A

                                 By:  Medical Investments Partners

                                 By:  RJ Health Properties, Inc.
                                      Managing General Partner


ATTEST:

Date:  April 1, 1997             By:  \s\Fred E. Whaley
                                      President and Director

Date:  April 1, 1997             By:  \s\J. Davenport Mosby, III
                                      Vice President and Director