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, 1996       
				    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.)



	400 Perimeter Center Terrace, Suite 650, Atlanta, Georgia 30346   
 
	(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
		 CONSOLIDATED RESOURCES HEALTH CARE FUND II
			 CONSOLIDATED BALANCE SHEETS
				(Unaudited)


					      September 30, December 31,
						  1996          1995
		   

ASSETS
Current assets:
  Cash and cash equivalents                 $   1,036,404  $  1,115,300
  Accounts receivable, net of
    allowance for doubtful accounts
    of $67,280                                    209,768       565,965
  Prepaid expenses and other                      148,797        44,317
    Total current assets                        1,394,968     1,725,582
					       
Property and equipment                         
  Land                                            179,341       179,341
  Buildings and improvements                    6,271,367     6,224,958
  Equipment and furnishings                       599,336       511,590
						7,050,044     6,915,889
  Accumulated depreciation
     and amortization                          (3,638,661)   (3,351,815)
    Net property and equipment                  3,411,383     3,564,074
					       
Other                                          
  Restricted escrows and other deposits           302,589       280,246
  Deferred loan costs, net of
    accumulated amortization
    of $11,221 and $8,094                          19,464        21,867
     Total other assets                           322,053       302,113
					       
					     $  5,128,404  $  5,591,769

					       
LIABILITIES AND PARTNERS' EQUITY(DEFICIT)      
Current liabilities:                           
  Current maturities of long-term debt       $     64,878  $     62,380
  Accounts payable                                164,305       335,240
  Accrued expenses                                266,881       275,532
  Accrued management fees                         388,638       394,918
  Other liabilities                               167,079       170,087
    Total current liabilities                   1,051,781     1,238,157
					       
Long-term obligations,                         
  less current maturities                       4,215,272     4,260,762
    Total liabilities                           5,267,053     5,498,919

Partners' equity (deficit ):
    Limited partners                               66,468       294,707
    General partners                             (205,117)     (201,857)
     Total partners' deficit                     (138,649)       92,850

					     $  5,128,404  $  5,591,769
					       

See accompanying notes to consolidated financial statements.          


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




				    Three months ended      Nine months ended
				       September 30,           September 30,
				     1996        1995        1996        1995


Revenue:
  Operating revenues              $1,686,383  $1,736,363   5,075,363  $5,010,377
  Interest income                      3,871       5,018      13,276      25,738
    Total revenue                  1,690,254   1,741,381   5,088,639   5,036,115

Expenses:
  Operating expenses               1,586,806   1,511,066   4,630,149   4,280,483
  Depreciation & amortization        103,623      93,884     299,886     281,162
  Interest                            70,258      81,777     232,307     245,931
  Partnership adminstration 
     costs                                 -       1,737       7,796      49,478
    Total expenses                 1,760,687   1,688,464   5,170,138   4,857,054

Income before extraordinary gain     (70,433)     52,917     (81,499)    179,061

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

Net income (loss)                 $  (70,433) $   52,917  $  (81,499) $5,830,915

Net income(loss) per L.P. unit

Income(loss) before extraordinary gain (4.51)       3.39       (5.22)      11.46

  Extraordinary gain on settlement
    of advances per L.P. unit              -           -           -      361.72

Net income (loss) per L.P. unit   $    (4.51) $     3.39  $    (5.22) $   373.18

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

 
					




See accompanying notes to consolidated financial statements.    


		   CONSOLIDATED RESOURCES HEALTH CARE FUND II
		     CONSOLIDATED STATEMENTS OF CASH FLOWS
				  (Unaudited)

						
					     Nine months ended September

						   1996         1995


Operating Activities:
  Cash received from residents and 
  government agencies                          $ 5,431,560  $ 5,005,105
  Cash paid to suppliers and employees          (4,893,616)  (4,569,194)
  Interest received                                 13,276       25,738
  Interest paid                                   (232,307)    (245,931)
  Property taxes paid                              (60,026)     (60,738)
  Cash provided by (used in)  
    operating activities                           258,887     154,980
			      
Investing Activities:
  Additions to property and equipment             (134,155)     (82,558)
 
Financing Activities:
  Principal payments on long-term debt             (53,628)     (39,361)
  Distributions                                   (150,000)    (150,000)
  Cash used in financing activities               (203,628)    (189,361)

Net (decrease) in cash                          
     and cash equivalents                          (78,896)    (116,939)
						
Cash and cash equivalents, beginning of period   1,115,300    1,196,256
						
Cash and cash equivalents, end of period       $ 1,036,404  $ 1,079,317



See accompanying notes to consolidated financial statements.          




		    CONSOLIDATED RESOURCES HEALTH CARE FUND II
		       CONSOLIDATED STATEMENTS OF CASH FLOWS
				     (Unaudited)     

					       Nine months ended September
						   1996         1995


Reconciliation of Net Income (Loss) to cash
Provided by Operating Activities:
  Net income (loss)                            $   (81,499) $ 5,830,915
  Adjustments to reconcile net income
    to cash provided by (used in)
    operating activities:
	Depreciation and amortization              299,886      281,162
	Gain on settlement of advances                   -   (5,651,854)
	  Changes in assets and liabilities: 
	  Accounts receivable                      356,197       (5,272)
	  Restricted excrows                       (22,343)
	  Other current assets                    (104,480)      48,019
	  Accounts payable and
	      accrued liabilities                 (188,874)    (347,990)

  Cash provided by (used in) operating
     activities                                $   258,887 $   154,980


See accompanying notes to consolidated financial statements.          

		 CONSOLIDATED RESOURCES HEALTH CARE FUND II
		CONSOLIDATED STATEMENTS OF PARTNERS' DEFICIT
				(Unaudited)


								Total
							      Partners'
				   Limited       General       Deficit


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

						
Balance, at December 31, 1995   $    294,707  $   (201,857) $     92,850

Net loss                             (78,239)       (3,260)      (81,499)
				 
Distribution                        (150,000)            -      (150,000)

Balance, at September 30, 1996  $     66,468  $   (205,117) $   (138,649)




See accompanying notes to consolidated financial statements.     







		 CONSOLIDATED RESOURCES HEALTH CARE FUND II
		 NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

			     September 30, 1996

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 30, 1996, are not necessarily indicative of the results to be 
expected for the year ending December 31, 1996.

NOTE 2.

The consolidated financial statements should be read in conjunction 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, 1995, 
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 400 Perimeter Center Terrace, Suite 650, 
Atlanta, Georgia 30346.

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,
						 1996        1995 
Charged to costs and expenses:
  Property management and oversight
	management fees                         $88,290     $66,783
  Financial accounting, data processing,
	tax reporting, legal and compliance,
	investor relations and supervision
	of outside services                      $7,796     $10,268

NOTE 4.

In July 1991, Southmark filed suit demanding payment of alleged advances to 
the Partnership.  In 1991, after WelCare's affiliate acquired the Corporate 
General Partner, it challenged the validity of some of these payables through 
claims filed against the Southmark bankruptcy estate.  In 1994, the suits were 
settled whereby the Partnership was released of all liabilities to Southmark. 
In 1995, the Corporate General Partner released the Partnership from all 
remaining liabilities, forgave all remaining amounts owed by the Partnership, 
resulting in a gain on debt forgiveness of $5,651,854 for the quarter ended 
March 31, 1995.



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 a decrease of $49,980 for the quarter ended September 
30, 1996, compared to the same period for the prior year.  The decrease is due 
to a decrease in occupancy primarily at the Partnership's retirement center.  
The decrease in revenue from the decline in occupancy was partially offset by 
an increase in private rates at both facilities.   

Expenses:

Operating expenses showed an increase of $75,740 for the quarter ended 
September 30, 1996, as compared to the same period for the prior year.  The 
increase is due primarily to an increase in therapy expense resulting from the 
Partnership's nursing facility hiring its own in-house therapists.  In the 
prior year, the nursing facility utilized contract therapy, the cost of which 
can be more easily reduced or increased depending on actual facility therapy 
needs as opposed to the cost of maintaining in-house therapists.  Additional 
costs resulted from increased repairs and maintenance at the Partnership's 
retirement center.  The Partnership is currently planning a major renovation of 
the retirement center, which should reduce the need for repairs in future 
periods. 

Liquidity and Capital Resources:

At September 30, 1996, the Partnership held cash and cash equivalents of 
$1,036,404 a decrease of $78,896 from December 31, 1995.  This reduction in 
cash is due primarily to the distribution of $150,000 to the Limited Partners. 
 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.

The Partnership's two remaining facilities produced sufficient revenues to 
meet their operating and debt service obligations as well as provide 
additional cash flow to supplement cash reserves.  These facilities should 
continue to produce positive cash flow in 1996.  

As of September 30, 1996, the Partnership was not obligated to perform any 
major capital expenditures or renovations.   The Managing General Partner 
anticipates that any repairs, maintenance, or capital expenditures will be 
financed with cash reserves, HUD replacement reserves and cash flow from 
operations.  The Partnership is planning to make renovations to its retirement 
center.  The Partnership's existing cash, HUD replacement reserves and cash 
from operations should be sufficient to cover the cost of these renovations.

On February 10, 1995 and on February 15, 1996, the Partnership distributed 
$150,000 to the Limited Partners.  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 surplus cash at the facility level.

Significant changes have and will continue to be made in government 
reimbursement programs, and such changes could have a material impact on 
future reimbursement formulas.  Based on information currently available, 
Management does not believe proposed legislation will have an adverse effect 
on the Partnership's operations. However, as health care reform is ongoing, 
the long-term effects of such changes cannot be accurately predicted at the 
present time.

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 1996, 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.





























Part II - OTHER INFORMATION

ITEM 6. Exhibits and Reports on Form 8-K

(a)                     Exhibits

				None

(b)                     Reports on Form 8-K

				None




			     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
	Managing General Partner


						    
Date: November 14, 1996                By:     /s/ J. Stephen Eaton         
						   J. Stephen Eaton
						     President                                   


Date: November 14, 1996                 By:     /s/ Alan C. Dahl             
						    Alan C. Dahl
						    Vice President and 
						    Principal Financial Officer