UNITED STATES
                          SECURITIES AND EXCHANGE COMMISSION
                                WASHINGTON, D.C. 20549

                                      FORM 10-Q


          (Mark one)

          (X)  QUARTERLY REPORT  PURSUANT TO SECTION  13 OR 15 (d)  OF THE 
                           SECURITIES EXCHANGE ACT OF 1934
           
               For the quarterly period ended       September 30, 1995     

                                          OR
          ( )  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                           SECURITIES EXCHANGE ACT OF 1934

               For the transition period from             to             
                         Commission file number   0-13415   



                          CONSOLIDATED RESOURCES HEALTH CARE FUND II       
                   (Exact name of registrant as specified in its charter)



                                 Georgia                 58-1542125        
                    (State or other jurisdiction       (I.R.S. Employer
                    of incorporation or organization)  (identification No.)



                7000 Central Parkway, Suite 970, Atlanta, Georgia 30328    
              (Address of principal executive offices)       (Zip Code)



          Registrant's telephone number, including area code   770-698-9040



          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,
          and (2) has been subject to such filing requirements for the past
          90 days.  Yes    x      No         





                                THERE ARE NO EXHIBITS.
                                PAGE ONE OF 11 PAGES.
 
PART I. FINANCIAL INFORMATION
ITEM 1. FINANCIAL STATEMENTS
CONSOLIDATED RESOURCES HEALTH CARE FUND II
CONSOLIDATED BALANCE SHEETS

                                              September 30, December 31,
                                                  1995          1994
                                              (Unaudited)                      

ASSETS
Current assets:
  Cash and cash equivalents                  $  1,079,317  $  1,196,256        
  Accounts receivable, net of                                                  
    allowance for doubtful accounts                                             
    of $50,554 and $39,850                        592,201       586,929        
  Prepaid expenses and other                       60,210       108,229        
    Total current assets                        1,731,728     1,891,414         
                                                                                
Property and equipment                                                          
  Land                                            192,148       179,341         
  Buildings and improvements                    6,208,227     6,187,000         
  Equipment and furnishings                       484,350       435,826         
                                                6,884,725     6,802,167         
  Accumulated depreciation                                                      
     and amortization                          (3,257,502)   (2,977,111)        
    Net property and equipment                  3,627,224     3,825,056         
                                                                              
Other                                                                           
  Restricted escrows and other deposits           304,718       239,657         
  Deferred loan costs, net of                                                   
    accumulated amortization                                                    
    of $10,185 and $8,369                          22,924        23,701         
     Total other assets                           327,642       263,358         
                                                                                
                                             $  5,686,594  $  5,979,828         
                                                                               
LIABILITIES AND PARTNERS' DEFICIT                                        
Current liabilities:                                                           
  Current maturities of long-term debt       $     61,256  $     57,886         
  Accounts payable                                412,082       373,786         
  Accrued expenses                                 67,059       108,515        
  Accrued management fees                         396,341       702,510        
  Other liabilities                               369,579       343,183        
    Total current liabilities                   1,306,317     1,585,880         
                                                                                
Advances from former affilates (Note 4)                 -     5,651,854        
                                                                                
Long-term obligations,                                                          
  less current maturities                       4,283,585     4,326,316        
    Total liabilities                           5,589,901    11,564,050         
                                                                               
Partners' equity (deficit) :                                                    
    Limited partners                              298,395    (5,149,283)       
    General partners                             (201,702)     (434,939)       
     Total partners' equity (deficit)              96,693    (5,584,222)       
                                                                               
                                             $  5,686,594  $  5,979,828        
                                               

See accompanying notes to consolidated financial statements.          2  

CONSOLIDATED RESOURCES HEALTH CARE FUND II
CONSOLIDATED STATEMENTS OF OPERATIONS
(Unaudited)




                              Three months ended      Nine months ended
                              September 30,           September 30,
                                  1995        1994        1995        1994


Revenue:
  Operating revenues          $1,736,363  $1,438,731  $5,010,377  $4,342,479
  Interest income                  5,018       6,654      25,738      22,545
    Total revenues             1,741,381   1,445,385   5,036,115   4,365,024

Expenses:
  Operating expenses           1,511,066   1,319,982   4,280,483   3,760,095
  Depreciation & amortization     93,884      94,183     281,162     279,255
  Interest                        81,777      82,531     245,931     248,684
  Partnership adminstration                             
     costs                         1,737       7,718      49,478      54,778
    Total expenses             1,688,465   1,504,414   4,857,055   4,342,812

Net income (loss) before          52,916     (59,029)    179,061      22,212
  extraordinary gain

Extraordinary gain on 
  settlement of advances               -           -   5,651,854           -
  (Note 4)

Net income (loss)             $   52,916  $  (59,029) $5,830,915  $   22,212

Net income (loss) per L.P. unit

Income (loss) before extraordinary
  gain                        $     3.39  $    (3.78) $    11.46  $     1.42

Extraordinary gain on 
  settlement of advances               -           -      361.72           -

Net income (loss)per L.P. unit$     3.39  $    (3.78) $   373.18  $     1.42

L.P. units outstanding            15,000      15,000      15,000      15,000

 
                                                      










See accompanying notes to consolidated financial statements.           3
                       
                       CONSOLIDATED RESOURCES HEALTH CARE FUND II
                  CONSOLIDATED STATEMENTS OF PARTNERS'EQUITY (DEFICIT)
                                 (Unaudited)


                                                                Total
                                                              Partners'
                                   Limited       General     Equity (Deficit)


Balance, at December 31, 1993   $ (5,327,139) $   (442,350) $ (5,769,489)

Net income                            21,324           888        22,212

Balance, at September 30, 1994  $ (5,305,815) $   (441,462) $ (5,747,277)

                                                              
Balance, at December 31, 1994   $ (5,149,283) $   (434,939) $ (5,584,222)

Net income                         5,597,678       233,237     5,830,915

Distribution                        (150,000)            -      (150,000)

Balance, at September 30, 1995  $    298,395  $   (201,702) $     96,693



































See accompanying notes to consolidated financial statements.          4
                    
CONSOLIDATED RESOURCES HEALTH CARE FUND II
CONSOLIDATED STATEMENTS OF CASH FLOWS
(Unaudited)

                                                
                                           Nine months ended September 30,

                                                   1995         1994


Operating Activities:
  Cash received from residents and 
  government agencies                          $ 5,005,105  $ 4,449,046
  Cash paid to suppliers and employees          (4,569,193)  (3,979,877)
  Interest received                                 25,738       22,545
  Interest paid                                   (245,931)    (248,684)
  Property taxes paid                              (60,738)     (75,759)
  Cash provided by            
    operating activities                           154,980      167,271
                              
Investing Activities:
  Additions to property and equipment              (82,558)     (82,268)
                                                              
Financing Activities:                                         
  Principle payments on long-term debt             (39,361)     (41,200)
  Distribution                                    (150,000)           -
  Cash used in financing activities               (189,361)     (41,200)

Net increase (decrease) in cash                 
     and cash equivalents                         (116,939)      43,803
                                                
Cash and cash equivalents, beginning of period   1,196,257    1,083,173
                                                
Cash and cash equivalents, end of period       $ 1,079,317  $ 1,126,976














 



See accompanying notes to consolidated financial statements.          5

CONSOLIDATED RESOURCES HEALTH CARE FUND II
CONSOLIDATED STATEMENTS OF CASH FLOWS
                                       

                                            Nine Months Ended September 30,
                                                   1995         1994


Reconciliation of Net Income to cash
Provided by Operating Activities:
  Net income                                   $ 5,830,915  $    22,212
  Adjustments to reconcile net income
    to cash provided by 
    operating activities:
        Depreciation and amortization              281,162      279,255
        Gain on settlement of advances          (5,651,854)           -
          Changes in assets and liabilities: 
          Accounts receivable                       (5,272)     106,567
          Other current assets                      48,019       21,221
          Accounts payable and
              accrued liabilities                 (347,990)    (261,984)

  Cash provided by 
    operating activities                       $   154,980  $   167,271




























See accompanying notes to consolidated financial statements.          6



                      CONSOLIDATED RESOURCES HEALTH CARE FUND II

                      NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

                                  Septmeber 30, 1995

          NOTE 1.

          The   financial  statements   are  unaudited   and  reflect   all
          adjustments (consisting  only  of normal  recurring  adjustments)
          which are, in  the opinion  of management, necessary  for a  fair
          presentation   of  the   Partnership's  financial   position  and
          operating  results  for the  interim  periods.    The results  of
          operations  for the nine months ended September 30, 1995, are not
          necessarily indicative of the results to be expected for the year
          ending December 31, 1995.

          NOTE 2.

          The consolidated financial statements should be read inconjunction
  with the  consolidated financial statements  and the
          notes  thereto contained  in the  Partnership's Annual  Report on
          Form 10-K for the year ended December 31, 1994, as filed with the
          Securities and Exchange  Commission, a copy of which is available
          upon request  by writing  to WelCare Service  Corporation-II (the
          "Managing General  Partner"), at 7000 Central Parkway, Suite 970,
          Atlanta, Georgia 30328.

          NOTE 3.

          A summary of compensation paid  to or accrued for the benefit  of
          the  Partnership's  general  partners  and their  affiliates  and
          amounts reimbursed  for costs  incurred by  these parties on  the
          behalf of the Partnership are as follows:

                                                         Nine Months Ended
                                                            September 30,
                                                           1995       1994 
          Charged to costs and expenses:
            Property management and oversightmanagement fees$ 66,783 $49,369
            Financial accounting, data processing,
               tax reporting, legal and compliance,
               investor relations and supervision
               of outside services  . . . . . . . .         $10,268  $19,645


          NOTE 4.

          In November  1990, the Partnership filed claims against Southmark
          Corporation ("Southmark"), in the Bankruptcy Court.  In  response
          to  the partnership's  filing, Southmark  filed suit  against the
          Partnership in  August of  1991.   The Partnership  and Southmark
          reached a  settlement  of  this litigation  and  the  partnership
          received a nonappealable court order approving the settlement  in
          April 1994.


                                                                          7
 



          During the first  quarter of 1995,  the Partnership recognized  a
          gain on the settlement of advances as all litigation  issues have
          been resolved with  Southmark.   In the past,  Southmark and  the
          Corporate General  Partner  of  the  Partnership  asserted  their
          position  with   respect  to  operating  advances   made  to  the
          Partnership prior to 1990.


          ITEM 2.  MANAGEMENT'S  DISCUSSION  AND   ANALYSIS  OF   FINANCIAL
          CONDITION AND RESULTS OF OPERATIONS

          WelCare Acquisition Corp. acquired the stock of the Partnership's
          Corporate   General   Partner   from   Southmark      Corporation
          ("Southmark")  on November 20,  1990.  The  results of operations
          for periods  prior  to  November  20, 1990,  occurred  under  the
          direction  and management of  Southmark affiliates  and not under
          the direction and management of WelCare's affiliates.

          Following the  first year of WelCare's  affiliate's management of
          the   affairs   of   the  Partnership,   the   Limited   Partners
          overwhelmingly elected WelCare  Service Corporation-II, a wholly-
          owned  subsidiary  of  WelCare  Acquisition  Corp.,  as  managing
          general   partner.     On  January   7,  1992,   WelCare  Service
          Corporation-II was admitted as Managing General Partner.
          Results of Operations

          Revenues:

          Operating revenue showed an increase  of $297,632 for the quarter
          ended September 30,  1995, compared  to the same  period for  the
          prior  year.    Operating  revenues  increased  primarily due  to
          increases  in  Medicare  and  Medicaid  reimbursement  rates  and
          ancillary services  at the partnership's nursing  facilities, and
          increases  in   home  health  services  being   provided  at  the
          Partnership's retirement facility.

          Expenses:

          Operating expenses showed an increase of $191,084 for the quarter
          ended September 30, 1995,  as compared to the same period for the
          prior year.  This  increase in operating expenses is  largely due
          to increased  use of  skilled  nursing and  therapy personnel  to
          accommodate  the additional Medicare  and heavy-care  patients 
          at the Partnership's nursing  facilities, and inflationary 
          increases in cost at both facilities.

          Liquidity and Capital Resources:

          At  September  30,  1995,  the  Partnership  held cash  and  cash
          equivalents of $1,079,317  a decrease of  $116,939 from  December
          31,  1994.    This reduction  in  cash  is due  primarily  to the
          distribution of $150,000 to the Limited Partners, and a reduction
          in accounts payable.  The cash balance will be necessary  to meet
          the Partnership's current obligations and for operating reserves.
          In addition,  cash  balances maintained  at  the two  Partnership
          facilities  will  have  to   be  maintained  in  accordance  with
          operating reserves established by HUD.

          Due  to  the  efforts  of  the  Managing  General   Partner,  the
          Partnership  distributed  $150,000 to  the  Partnership's Limited

                                                                          8
 



          Partners  in February  1995.   In 1990  when  WelCare Acquisition
          Corp. acquired  the stock of  the corporate general  partner from
          Southmark,  the  Partnership  had been  experiencing  significant
          operating losses. The  Managing  General Partner  successfully
          reversed these  operating losses  and enabled the  partnership to
          return  to profitability during the first  quarter of 1993.  As a
          result, the Partnership  was able to  distribute $150,000 to  its
          Limited  Partners in February 1995.  The Managing General Partner
          anticipates the  annual  distributions from  operating cash  flow
          will  continue  in future  periods.   However,  the Partnership's
          ability   to  make   distributions  may   be  limited   by  HUD's
          requirements for operation reserves at the facility level.

          As  of September 30, 1995,  the Partnership was  not obligated to
          perform  any major  capital  additions or  renovations.   No such
          major  capital expenditures  or renovations  are planned  for the
          next  12 months,  other than  necessary repairs,  maintenance and
          improvements which are expected to be funded by operations.

          The Partnership should  produce sufficient cash flow  to meet its
          ongoing obligations associated with  the two facilities currently
          owned by the  Partnership.  In  addition, the Partnership's  cash
          reserves  are considered adequate  to meet contingent liabilities
          related  to third party reimbursements from  the operation of the
          Colorado facilities previously owned  by the Partnership.  During
          1995, the Partnership has not received any demands for payment of
          any actual or contingent liabilities related to these  previously
          owned  facilities.   The  Partnership  has no  existing  lines of
          credit  or  assurance  of  financial  support  from  the  General
          Partners should the need arise.































                                                                          9
 



          PART II - OTHER INFORMATION

          ITEM 6.     Exhibits and Reports on Form 8-K
          (a)        Exhibits
                       
                       None

          (b)        Reports on Form 8-K

                       None

















































                                                                         10
 



                                      SIGNATURES

          Pursuant to  the requirements 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.

                      CONSOLIDATED RESOURCES HEALTH CARE FUND II

                        By:   WELCARE SERVICE CORPORATION - II
                              Its Managing General Partner

          Date:  November 14, 1995        By:   /s/ J. Stephen Eaton       
                                                J. Stephen Eaton
                                                President


          Date:  November 14, 1995        By:   /s/ Alan C. Dahl           
                                                Alan C. Dahl
                                                Vice President and         
                                                Principal Financial Officer








































                                                                         11