--------------------------------------------------------------------------------
                     U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                           -------------------------

                                   FORM 10-QSB



(Mark One)
         (X)    Quarterly  Report Under Section 13 or 15(d) of the  Securities
                Exchange Act of 1934

                For the Quarterly period ended September 30, 1999


         ( )    Transition Report Under Section 13 or 15(d) of the Exchange Act
                For the Transition period from                to
                                               --------------    ---------------

                         Commission File Number: 0-21604

                           -------------------------

             Common Goal Health Care Pension and Income Fund L.P. II
        (Exact name of small business issuer as specified in its charter)


            Delaware                                            36-3644837
    -------------------------                           ------------------------
  (State or other Jurisdiction                              (I.R.S. Employer
of incorporation or organization)                         Identification Number)


                                 215 Main Street
                            Penn Yan, New York 14527
                            ------------------------
                    (Address of principal executive offices)


                                 (315) 536-5985
                                 --------------
                           (Issuer's telephone number)


Check  whether the issuer (1) filed all reports  required to be filed by Section
13 or 15(d) of the  Exchange  Act during the past 12 months (or for 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___

<PAGE>
                         PART 1 - Financial Information

Item 1.  Financial Statements

             COMMON GOAL HEALTH CARE PENSION AND INCOME FUND L.P. II
                        (A Delaware Limited Partnership)

<TABLE>
<CAPTION>
                                Balance Sheets

                                                      September 30,  December 31,
                                                           1999          1998
                                                           ----          ----
                                                        (Unaudited)

<S>                                                     <C>           <C>
                                     Assets
                                     ------
Cash and cash equivalents ............................   $  396,949   $  839,759
Due from affiliates ..................................       14,520        9,967
Accrued interest receivable ..........................       61,461       64,343
Mortgage loans receivable ............................    1,290,290    1,290,290
                                                         ----------   ----------

Total Assets .........................................   $1,763,220   $2,204,359
                                                         ==========   ==========

                     Liabilities and Partners' Capital
                     ---------------------------------

Liabilities
Due to affiliates ....................................   $   38,111   $   34,967
Accrued distributions ................................       38,624      250,000
Deferred revenue .....................................      400,000      400,000
                                                         ----------   ----------
            Total Liabilities ........................      476,735      684,967

Partners' capital:
         General partner .............................       47,723       45,308
         Limited partner .............................    1,238,762    1,474,084
                                                         ----------   ----------
            Total partners' capital ..................    1,286,485    1,519,392
                                                         ----------   ----------
Total Liabilities and Partners' Capital ..............   $1,763,220   $2,204,359
                                                         ==========   ==========
</TABLE>
See accompanying notes
                                        2
<PAGE>
             COMMON GOAL HEALTH CARE PENSION AND INCOME FUND L.P. II
                        (A Delaware Limited Partnership)
<TABLE>
<CAPTION>
                              Statements of Income
                                   (Unaudited)

                                 THREE MONTHS ENDED    NINE MONTHS ENDED
                                    September 30,        September 30,
                                   1999       1998      1999        1998
                                   ----       ----      ----        ----
<S>     <C>                    <C>        <C>         <C>       <C>
Revenue
-------

         Interest Income ....   $ 50,818   $ 58,260   $165,210   $199,190
                                --------   --------   --------   --------
            Total Revenue ...     50,818     58,260    165,210    199,190

Expenses
--------

         Professional fees ..     27,446     11,933     59,258     38,659
         Fees to affiliates:
          Management ........      2,068      3,420      7,054     13,017
          Mortgage Servicing         282        282        845        845
         Other ..............        391        447      1,430      1,766
                                --------   --------   --------   --------
            Total Expenses ..     30,187     16,082     68,587     54,287
                                --------   --------   --------   --------

         Net Income and
         Comprehensive Income   $ 20,631   $ 42,178   $ 96,623   $144,903
                                ========   ========   ========   ========

Net Income allocated to
 general partners - 2.5% ....   $    516   $  1,054   $  2,415   $  3,623

Net Income allocated to
 limited partners - 97.5% ...     20,115     41,124     94,208   $141,280
                                --------   --------   --------   --------
                                $ 20,631   $ 42,178   $ 96,623   $144,903
                                ========   ========   ========   ========

Basic earnings per limited
 partner unit ...............   $    .04   $    .08   $    .18   $    .27
                                ========   ========   ========   ========

Weighted average limited ....    522,116    522,116    522,116    522,116
 partner units outstanding      ========   ========   ========   ========
</TABLE>

See accompanying notes.

                                        3
<PAGE>
             COMMON GOAL HEALTH CARE PENSION AND INCOME FUND L.P. II
                        (A Delaware Limited Partnership)

<TABLE>
<CAPTION>
                         Statements of Partners' Capital
                                   (Unaudited)

                                                                   NINE MONTHS ENDED
                                                                     SEPTEMBER 30,
                                                  1999                                        1998
                                -----------------------------------------   -----------------------------------------

                                                                  TOTAL                                       TOTAL
                                     GENERAL      LIMITED       PARTNERS'       GENERAL       LIMITED       PARTNERS'
                                     PARTNERS     PARTNERS       CAPITAL        PARTNERS      PARTNERS       CAPITAL
                                -----------------------------------------   -----------------------------------------



<S>                              <C>           <C>            <C>            <C>           <C>            <C>
Balance at beginning of period   $    45,308   $ 1,474,084    $ 1,519,392    $    39,123   $ 2,480,837    $ 2,519,960

Net income ...................         2,415        94,208         96,623          3,623       141,280        144,903

Distributions to partners ....          --        (329,530)      (329,530)          --        (705,090)      (705,090)
                                 -----------   -----------    -----------    -----------   -----------    -----------

Balance at end of period .....   $    47,723   $ 1,238,762    $ 1,286,485    $    42,746   $ 1,917,027    $ 1,959,773
                                 ===========   ===========    ===========    ===========   ===========    ===========
</TABLE>

See accompanying notes.

                                        4
<PAGE>
             COMMON GOAL HEALTH CARE PENSION AND INCOME FUND L.P. II
                        (A Delaware Limited Partnership)

<TABLE>
<CAPTION>
                            Statements of Cash Flows
                                   (Unaudited)

                                                                        NINE MONTHS ENDED
                                                                        -----------------

                                                                          September 30,
                                                                       1999          1998
                                                                       ----          ----
<S>                                                               <C>           <C>
Cash flows from operating activities:
         Net income ...........................................   $    96,623    $   144,903
         Adjustments to reconcile net income to net cash
           provided by operating activities:
                  Decrease (increase) in due from affiliates ..        (4,553)        (4,933)
                  Decrease (increase) in interest receivable ..         2,882         19,585
                  Increase (decrease) in due to affiliates ....         3,144         13,861
                                                                  -----------    -----------
                      Net cash provided by operating activities        98,096        173,416
                                                                  -----------    -----------
Cash flows from investing activities:
                  Loan to affiliates ..........................          --          (85,000)
                                                                  -----------    -----------
                     Net cash used in investing activities ....          --          (85,000)
                                                                  -----------    -----------

Cash flows from financing activities:
         Distributions to limited partners ....................      (540,906)      (705,090)
                                                                  -----------    -----------
                    Net cash used in financing activities .....      (540,906)      (705,090)
                                                                  -----------    -----------

Net decrease in cash and cash equivalents: ....................      (442,810)      (616,674)

Cash and cash equivalents, beginning of period ................       839,759      1,647,623
                                                                  -----------    -----------

Cash and cash equivalents, end of period ......................   $   396,949    $ 1,030,949
                                                                  ===========    ===========
</TABLE>

See accompanying notes.

                                        5
<PAGE>
                             COMMON GOAL HEALTH CARE
                         PENSION AND INCOME FUND L.P. II
                        (A Delaware Limited Partnership)

                          Notes to Financial Statements
                                   (Unaudited)
                               September 30, 1999


(1)      Organization and Summary of Significant Accounting Policies
         -----------------------------------------------------------

         Common Goal Health Care  Pension and Income Fund L.P. II  (Partnership)
         was  formed on May 9,  1989,  to invest in and make  mortgage  loans to
         third parties and affiliates  involved in health care. On July 2, 1990,
         the Partnership commenced operations,  having previously sold more that
         the specified minimum of 117,650 units ($1,176,500).  The Partnership's
         offering  terminated  January 11, 1992 with the Partnership having sold
         522,116 Units ($5,221,160).

         The  general  partners  are Common Goal  Capital  Group,  Inc.  II, the
         managing general partner,  and Common Goal Limited  Partnership II, the
         associate  general  partner.  Under  the  terms  of  the  Partnership's
         agreement of limited partnership ("Partnership Agreement"), the general
         partners are not required to make any additional capital  contributions
         except under certain  limited  circumstances  upon  termination  of the
         Partnership.

         Under  the  terms of the  Partnership  Agreement,  the  Partnership  is
         required  to pay a quarterly  management  fee to the  managing  general
         partner equal to 1% per annum of adjusted contributions,  as defined. A
         mortgage  servicing  fee equal to .25% per  annum of the  Partnership's
         outstanding  mortgage loan  receivable  principal  amount also is to be
         paid to Common  Goal  Mortgage  Company,  an  affiliate  of the general
         partners.

         Additionally,  under  the  terms  of  the  Partnership  Agreement,  the
         Partnership is required to reimburse the managing  general  partner for
         certain operating expenses.

         The Partnership  classifies all short-term  investments with maturities
         at date of purchase of three months or less as cash equivalents.

         Mortgage loans that have virtually the same risk and potential  rewards
         as joint  ventures are accounted for and  classified as  investments in
         operating properties. Cash received related to investments in operating
         properties  is  recognized  as interest  income to the extent that such
         properties have earnings prior to the  recognition of the  distribution
         of cash to the  Partnership;  otherwise,  such  cash is  recorded  as a
         reduction of the related investments.

                                        6
<PAGE>
         An allowance for loan losses will be provided, if necessary, at a level
         which the  Partnership's  management  considers  adequate based upon an
         evaluation of known and inherent risks in the loan portfolio. Currently
         management believes no allowance for loan losses is necessary.

         No  provision  for income taxes has been  recorded as the  liability of
         such taxes is that of the partners rather than the Partnership.

         Earnings  per limited  partner  unit is computed  based on the weighted
         average limited partner units outstanding for the period.

         The accompanying unaudited financial statements as of and for the three
         and  nine   months   ended   September   30,  1999  and  1998  are  the
         representation  of management and reflect all adjustments which are, in
         the opinion of  management,  necessary  to a fair  presentation  of the
         financial  position and results of operations of the  Partnership.  All
         such  adjustments  are  normal and  recurring.  These  results  are not
         necessarily indicative of the results for the entire year.

         These  financial  statements  should  be read in  conjunction  with the
         Company's financial  statements and notes included in the Annual Report
         on Form 10-KSB  filed by the Company with the  Securities  and Exchange
         Commission on April 15, 1999, as amended May 14, 1999.

(2)      Mortgage Loans Receivable
         -------------------------

         Unless  otherwise  specified,  all references to outstanding  principal
         balances should refer to the carrying value for tax purposes.

         The Joint Venture Loan. The amount of $50,590  represents the amount of
         outstanding principal remaining in the Partnership's participation in a
         second mortgage loan made by an affiliated  joint venture (with a total
         outstanding  principal  balance  of  $1,618,254).  The loan,  which was
         originally  secured by two nursing  home  facilities  in  Pennsylvania,
         bears  interest  at  a  rate  of  13.7%  per  annum  and  provides  for
         participation  interest  based on the increase in the fair value of the
         facilities  to be paid  at  maturity  or  pursuant  to any  sale of the
         facilities.  The loan  also  provides  for the  payment  of  additional
         interest based upon the gross revenues of the  facilities.  On November
         3, 1993, the borrower,  Life Care,  restructured the Joint Venture Loan
         and paid down the balance.  The Partnership  received $52,314 allocated
         to its share.  Of that amount,  $45,010 was applied to principal  while
         the  remainder  was applied to a  prepayment  penalty,  interest  and a
         refinancing fee. The entire remaining  principal  balance is due at the
         maturity date of January 1, 2000.

         St.  Catherine's  Loan. As a result of the  refinancing  of  the senior
         debt by the St. Catherine's,  Court House and  Findlay facilities,  the
         Partnership's mortgage loans for these same  facilities were refinanced
         on April 13, 1995 and the outstanding principal and

                                        7
<PAGE>
         Additional  Interest were subsequently paid off. The refinancing of the
         senior debt did not  provide  sufficient  proceeds to allow  payment in
         cash of the participations owing under the St. Catherine's, Court House
         and Findlay Loans (the "SC  Participations")  which totaled $840,500 in
         the aggregate. The St. Catherine's borrowers paid the SC Participations
         through  (i) the  issuance  of notes in the total  amount of  $400,000,
         bearing  an  interest  rate of 11.00%  per annum  (a)  maturing  on the
         earlier of the sale or refinancing of the Tiffin, Bloomville, Fostoria,
         Washington Court House and Findlay  Facilities (the "SC Facilities") or
         the  maturity  of the  refinanced  senior debt  (August,  2000) and (b)
         cross-collateralized by second mortgage liens on the SC Facilities; and
         (ii) the issuance of a contingent payment obligation by St. Catherine's
         of Seneca,  Inc. in the amount of  $202,500  and a  contingent  payment
         obligation  by St.  Catherine's  Care Centers of Fostoria,  Inc. in the
         amount of $238,000 (collectively, the "CPOs").

         The CPOs  bear  interest  at an  annual  rate of  11.00%,  which is due
         quarterly,  and mature on the earlier of the sale or refinancing of the
         SC  Facilities  or the  maturity  of the senior  debt with South  Trust
         (August  2000).  The CPOs provide that interest is payable on a current
         basis provided that the debt service  coverage ratios on each of the SC
         Facilities  is 1.2 to 1.0. In the event these debt  service  ratios are
         not maintained, the interest shall accrue until the debt coverage ratio
         is at least  1.2 to 1.0 or  maturity.  The CPOs  further  provide  that
         principal  is  payable  only  to  the  extent  that  upon a  resale  or
         refinancing  of the SC  Facilities,  there are  sufficient  proceeds to
         repay the senior  debt and the amounts  owing under the CPOs.  The CPOs
         subsequently were assumed by an affiliated  entity,  Will Care of Ohio,
         Inc.,  and are secured,  to the extent they become  payable and are not
         paid,  by a pledge of 30  shares of St.  Catherine's  of  Seneca,  Inc.
         common stock.

         In accordance with FASB Statement of Standards No. 66,  "Accounting for
         Sales of Real Estate", the $840,500  participation cannot be recognized
         as income at this time. The  Partnership  has recorded  $400,000 of the
         participation  amount,  related to the  mortgage  loan  receivable,  as
         Deferred Revenue,  and the interest thereon will be recognized as it is
         earned.  Due to the contingent  nature of the $440,500 in participation
         income due to the partnership and the participation income and interest
         earned on the CPOs will be recognized only when received.

         On March 13,  1997 the  Managing  General  Partner  approved  a loan of
         $425,000  to  St.  Catherine's  Care  Center  of  Tiffin,   Inc.,   St.
         Catherine's  Care  Center of  Bloomville,  Inc., St.  Catherine's  Care
         Center of Washington  Court House, Inc., St. Catherine's Care Center of
         Fostoria,  Inc.  and St.  Catherine's  Care  Center of  Findlay,  Inc.,
         (collectively,  "St  Catherine's  Care  Centers")   affiliates  of  the
         Managing General  Partner,  and to be secured  by mortgages on the real
         properties  owned  by  each of the  foregoing,  said  mortgages  being
         subordinated  to senior  indebtedness in the amount of $10,650,000 held
         by  South  Trust  Bank  of  Alabama,   N.A.  and  indebtedness  of  the
         Partnership in the amount of $400,000.  The  loan will bear interest at
         the  rate of 13% per  annum  and  will  mature  August  31,  2000.  The
         Partnership funded this $425,000 loan on April 10, 1997. On November 3,

                                        8
<PAGE>
         1997 the  Managing  General  Partner  approved  an  additional  loan of
         $425,000 to the St. Catherine's Care Centers.  As of September 30, 1999
         the loan balances were $839,700.

         The principal balances  outstanding for these loans as of September 30,
         1999 were as follows:

                                       Second Mortgage Loan  Third Mortgage Loan

         Joint Venture Loan               $    50,590          $       -
         St. Catherine's of Tiffin             51,500               48,353
         St. Catherine's of Bloomville         36,000              163,529
         St. Catherine's of Fostoria          102,000              107,067
         St. Catherine's of Findlay           142,500              119,164
         St. Catherine's of Washington
         Court House                           68,000              362,194
         Unallocated                              -                 39,393
                                           -----------          -----------
                                           $  450,590            $  839,700
                                           ============         ===========

         As of September 30, 1999, the second  Mortgage Loans were current as to
         regular  interest.  The third  Mortgage  Loans  were not  current as to
         regular  interest as of September  30, 1999.  The  borrowers are paying
         additional  interest  at  the  penalty  rate  of 3%  per  annum.  As of
         September 30, 1999, the Partnership was owed $38,364 in interest on the
         Third Mortgage  Loans,  of which $4,278 was at the 3% penalty rate. The
         Partnership  is working with the borrowers to bring the third  Mortgage
         Loans current.

(3)      Partners' Capital
         -----------------

         On April 13, 1999, the Partnership  declared and paid a distribution of
         $250,000  ($.48 per unit) to Limited  Partner  unitholders of record at
         March 15, 1999. On July 5, 1999, the  Partnership  declared and paid an
         accrued  distribution  of $40,906  ($.08 per unit) to  Limited  Partner
         unitholders  of  record at June 15,  1999.  On  October  5,  1999,  the
         Partnership  declared and paid an accrued distribution of $38,624 ($.07
         per unit) to Limited  Partner  unitholders  of record at September  15,
         1999.
                                        9
<PAGE>
Item 2.  Managements Discussion and Analysis or Plan of Operations.
         ----------------------------------------------------------

         General
         -------

         Some  statements  in this Form  10-QSB are  forward  looking and actual
         results may differ  materially from those stated.  As discussed herein,
         among the  factors  that may affect  actual  results are changes in the
         financial  condition  of the  borrower  and/or  anticipated  changes in
         expenses or capital expenditures, and compliance with year 2000 issues.

         Common  Goal Health  Care  Pension and Income Fund L.P.  II, a Delaware
         limited  partnership (the  "Partnership"),  was formed to make mortgage
         loans secured by a mix of first and junior liens on health care-related
         properties.  The  Partnership  commenced  its  offering of Units to the
         public on January 12, 1990,  and  commenced  operations on July 2, 1990
         (having sold the Minimum Number of Units as of that date). After having
         raised  $5,221,160 by selling Units to 483 investors,  the  Partnership
         terminated the public offering on January 11, 1992.

         The Partnership's Mortgage Loans pay Basic Interest which is payable at
         higher rates than are being earned on temporary investments and provide
         for payments of Additional Interest and Participations. The movement of
         funds from Mortgage Loans to short-term  investments  has increased the
         Partnership's  overall  liquidity,  but has lowered  expected  interest
         income.  The  Partnership  has structured its Mortgage Loans to provide
         for  payment  of  quarterly  distributions  to  Limited  Partners  from
         investment income.

         Liquidity and Capital Resources
         -------------------------------

         Partnership  assets  decreased from  $2,204,359 at December 31, 1998 to
         $1,763,220  at September  30, 1999.  The decrease of $441,139  resulted
         primarily from cash  distributions  on January 12, 1999, April 13, 1999
         and July 5, 1999 to the Limited  Partners that was partially  offset by
         net earnings for the period. As of September 30, 1999 the Partnership's
         loan  portfolio   consisted  of  six  mortgage  loans,   the  aggregate
         outstanding principal balance of which was $1,290,290.

         The  Partnership  has  structured  its  Mortgage  Loans to provide  for
         payment of quarterly distributions from investment income. The interest
         derived  from the  Mortgage  Loans,  repayments  of Mortgage  Loans and
         interest   earned  on   short-term   investments   contribute   to  the
         Partnership's   liquidity.   These   funds   are  used  to  make   cash
         distributions to Limited Partners and to pay normal operating  expenses
         as they arise.

         The Partnership  intends to maintain  working capital reserves equal to
         approximately  2% of  gross  proceeds  of the  offering  (approximately
         $104,423 at  September30,  1999),  an amount which is anticipated to be
         sufficient  to satisfy  liquidity  requirements.  The Managing  General
         Partner continues monitoring the level of working capital reserves.

                                       10

<PAGE>
         The second  Mortgage  Loans were  current as to regular  interest as of
         September  30, 1999.  The third  Mortgage  Loans were not current as to
         regular  interest as of September 30, 1999. The  Partnership is working
         with the borrowers to bring the third  Mortgage  Loans  current.  As of
         September 30, 1999 the  Partnership  was owed $38,364 of interest.  The
         borrowers are paying additional  interest at the penalty rate of 3% per
         annum.

         Results of Operations
         ---------------------

         The Partnership commenced operations July 2, 1990, and funded its first
         Mortgage Loan in November  1990. As of June 30, 1991,  the  Partnership
         had completed its portfolio of Mortgage  Loans.  The interest earned on
         these   investments   has  stabilized  on  a  tax   accounting   basis.
         Accordingly,  the General Partners expect the Partnership's earnings to
         remain relatively constant.

         During  the  nine  months  ended  September  30,  1999  and  1998,  the
         Partnership  had net earnings of $96,623 and  $144,903,  based on total
         revenue of  $165,210  nd  $199,190  and total  expenses  of $68,587 and
         $54,287. For the nine months ended September 30, 1999 and 1998, the net
         earnings  per  limited  partner  unit was $.18 and $.27,  respectively.
         During  the  three  months  ended  September  30,  1999 and  1998,  the
         Partnership  had net  earnings of $20,631  and  $42,178  based on total
         revenue  of $50,818  and  $58,260  and total  expenses  of $30,187  and
         $16,082,  respectively.  For the three months ended  September 30, 1999
         and 1998,  the net earnings per limited  partner unit was $.04 and $.08
         respectively.

         For the nine months ended  September  30, 1999  compared  with the nine
         months ended September 30, 1998, the decrease in net earnings is due to
         decreases in interest income of $33,980, increases in professional fees
         of $20,599,  decreases in  management  fees of $5,963 and  decreases in
         other expenses of $336.

         The  Partnership's  success and the resultant rate of return to Limited
         Partners will be dependent upon, among other things, the ability of the
         Managing  General Partner to identify  suitable  opportunities  for the
         Partnership  to reinvest its assets and the ability of the borrowers to
         pay the current  interest,  additional  interest  and  principal of the
         Mortgage Loans.

                                       11
<PAGE>
         Year 2000 Compliance
         --------------------

         Information provided within this note constitutes a year 2000 readiness
         disclosure  pursuant  to the  provisions  of the Year 2000  Information
         Readiness and Disclosure Act.

         The year 2000 issue is the result of computer  programs  being  written
         and microchips  being  programmed  using two digits rather than four to
         define the  applicable  year.  If not  corrected,  any  program  having
         time-sensitive  software or equipment incorporating embedded microchips
         may  recognize  a date using "00" as the year 1900 rather than the year
         2000 or may not  recognize  the year 2000 as a leap  year.  This  could
         result in a variety of problems including miscalculations, loss of data
         and failure of entire  systems.  Critical  areas that could be affected
         are  accounts  receivable,   accounts  payable,  general  ledger,  cash
         management, computer hardware, telecommunication and property operating
         systems.

         The  Partnership  receives  quarterly  interest  payments  from  only a
         limited  number of borrowers and its bank.  The  Partnership  is in the
         process of obtaining  documentation related to year 2000 readiness from
         its outside vendors,  including its banks. The Partnership has received
         documentation  from an  outside  vendor  that  maintains  its books and
         records,  indicating  that  the  vendor  is year  2000  compliant.  The
         Partnership  has completed the  documentation  phase of its contingency
         plan.  The  Partnership  believes  that  based  on  the  status  of the
         Partnership's  portfolio and its limited number of transactions,  aside
         from catastrophic failures of banks,  governmental  agencies,  etc., it
         could carry out  substantially all of its critical  administrative  and
         accounting  operations  on a manual basis or easily  convert to systems
         that are year 2000 ready.

                                       12
<PAGE>
PART II - OTHER INFORMATION

         Items 1 through 5 are  omitted  because of the  absence  of  conditions
under which they are required.

Item 6.  Exhibits and Reports on Form 8-K

                  (a)      Exhibits
                           Exhibit 27, Financial Data Schedule

                  (b)      Reports on Form 8-K
                           None

                                       13
<PAGE>
                                   SIGNATURES
                                   ----------


In accordance with the  requirements of the Exchange Act, the registrant  caused
this  report to be  signed on its  behalf  by the  undersigned,  thereunto  duly
authorized.


             Common Goal Health Care Pension and Income Fund L.P. II
             -------------------------------------------------------
                                  (Registrant)



                                  By:      Common Goal Capital Group, Inc., II
                                           Managing General Partner



DATED: November 15, 1999                   /s/Albert E. Jenkins, III
                                           -------------------------
                                           Albert E. Jenkins, III
                                           President, Chief Executive Officer
                                           and Acting Chief Financial Officer

                                       14