SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                                  FORM 10-KSB/A

      [ X ]         ANNUAL REPORT UNDER SECTION 13 OR
              15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934
                 FOR THE FISCAL YEAR ENDED MARCH 31, 1998
                                       or
      [   ]         TRANSITION REPORT UNDER SECTION 13
             OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934

                     Commission File Number:  1-12992

                       NuMED HOME HEALTH CARE, INC.
              (Name of small business issuer in its charter)


       STATE OF NEVADA                                       34-1711764      
   (State or other jurisdiction of                         (I.R.S. Employer  
   incorporation or organization)                         Identification No.)


      5770 Roosevelt Boulevard, Suite 700, Clearwater, Florida       33760
      (Address of principal executive offices)                   (Zip Code)

   Issuer's telephone number:  (727) 524-3227


       Securities registered pursuant to Section 12(b) of the Act:

                                   None

           Securities registered pursuant to Section 12(g) of the Act:

   Common Stock, Par Value $.001 Per Share
   Redeemable Common Stock Purchase Warrants
   (Title of Class)

   Check whether the issuer (1) filed all reports required to be filed by
   Section 13 or 15(d) of the Securities Exchange Act of 1934 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 [   ]


      Check if there is no disclosure of delinquent filers in response to
   Item 405 Regulation S-B contained in this form, and no disclosure will 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-KSB or any amendment to this Form 10-KSB.   [ X ]


      Issuer's net revenue for its most recent fiscal year was $22,649,516


      The number of shares outstanding of the Issuer's Common Stock, $.001
   par value, as of June 29, 1998, was 4,966,620 (exclusive of Treasury
   Shares).  The aggregate market value of the voting stock held by non-
   affiliates computed by reference to the average of the bid and ask prices
   of such Common Stock, as of June 29, 1998, was $5,897,861.

  Transitional Small Business disclosure Format:  Yes [  ]     No  [ X ]

   <PAGE>

                                     PART VI

   ITEM 13.    EXHIBITS, FINANCIAL STATEMENT SCHEDULES AND REPORTS ON FORM
   8-K.

   (a)  Exhibits

       The following exhibits are filed with this report:

   Sequential
  Exhibit Number               Description of Document                   Page #

   2.1        Asset Purchase Agreement by and between NuMED Home Health Care,
              Inc., Care Management Services, Inc., North American
              Rehabilitation Services, Inc. and Rehab America, Inc., dated
              November 3, 1994.(7)

   2.2        First Amendment to Asset Purchase Agreement by and among NuMED
              Home Health Care, Inc., Care Management Services, Inc., North
              American Rehabilitation Services, Inc. and Rehab America, Inc.
              dated April 4, 1995.(9)

   2.3        Stock Purchase Agreement by and between NuMED Home Health Care,
              Inc., Parke Home Health Care, Inc., Pamela Metz and William
              Shannon, dated April 8, 1996.(7)

   3.1        Articles of Incorporation of Stowaway, Inc. (n/k/a NuMED Home
              Health Care, Inc.) dated October 13, 1987.(2)

   3.2        Certificate of Amendment to Articles of Incorporation of NuMED
              Home Health Care, Inc. dated February 12, 1993.(3)

   3.3        Certificate of Amendment to Articles of Incorporation of NuMED
              Home Health Care, Inc. dated April 29, 1994.(7)

   3.4        Bylaws of NuMED Home Health Care, Inc.(2)

   4.1        Specimen Certificate for Common Stock.(2)

   4.2        [Intentionally omitted]

   4.3        Specimen Certificate for Warrant.(7)

   4.4        Warrant Agreement.(7)

   4.5        Underwriter's Unit Purchase Option.(7)

   10.1       Technology Transfer Agreement between NuMED Technologies, Inc.
              and the Cleveland Clinic Foundation, dated August 21, 1991.(4)

   10.2       Technology Transfer Agreement between NuMED Technologies, Inc.
              and Dr. Amin El Mallawany dated February 11, 1992.(4)

   10.3       Non-Competition, Non-Diversion and Confidentiality Agreement by
              and among NuMED Home Health Care, Inc., Silver Moves, Inc. and
              Debra and James Amrhein dated as of August 17, 1992.(2)

   10.4       Consulting Agreement between Debra Amrhein and NuMED Home
              Health Care, Inc. dated August 17, 1992.(2)

   10.5       Promissory Note in the principal amount of $700,000 made by
              NuMED Home Health Care, Inc. in favor of Debra and James
              Amrhein dated August 17, 1992.(2)

   10.6       Stock Pledge Agreement by and between NuMED Home Health Care,
              Inc. and Debra and James Amrhein dated August 17, 1992.(2)

   10.7       Stock Power by NuMED Home Health Care, Inc. to Debra and James
              Amrhein dated August 17, 1992.(2)

   10.8       Non-Competition, Non-Diversion and Confidentiality Agreement by
              and between Silver Moves, Inc. and Alice D. Holland dated as of
              September 28, 1992.(2)

   10.9       Consulting Agreement by and between Silver Moves, Inc. and
              Alice D. Holland dated September 28, 1992.(2)

   10.10      Guarantee by NuMED Home Health Care, Inc. in favor of Alice D.
              Holland dated September 28, 1992.(2)

   10.11      Management Services Agreement between Bancapital Corporation
              and NuMED Home Health Care, Inc. and Subsidiaries dated March
              30, 1992.(2)

   10.12      Employment Agreement between NuMED Home Health Care, Inc. and
              Michael J. Diroff dated January 1, 1993.(5)

   10.13      Employment Agreement between NuMED Home Health Care, Inc. and
              Susan J. Carmichael, dated September 1, 1992.(5)

   10.14      Technology Transfer Agreement between NuMED Home Health Care,
              Inc. and the Cleveland Clinic Foundation dated February 1,
              1993.(5)

   10.15      Professional Services Agreement between Bancapital Corporation
              and NuMED (Home Health Care Division) dated January 1, 1993.(5)

   10.16      Professional Services Agreement between Bancapital Corporation
              and NuMED (Surgical/Medical Products Division) dated January 1,
              1993.(5)

   10.17      Stock Purchase Agreement between NuMED Home Health Care, Inc.
              and Kenneth M. Dobrow dated January 31, 1993.(5)
      
   10.18      Addendum to Stock Purchase Agreement between NuMED Home Health
              Care, Inc. and Kenneth M. Dobrow dated May 10, 1993.(5)
      
   10.19      Agreement and Plan of Merger with Advanced Systems and
              Management, Inc., Countryside Health Services, Inc. and L.
              David Detweiler dated May 28, 1993.(3)
      
   10.20      Stock Purchase and Exchange Agreement between NuMED Home Health
              Care, Inc. and Providence Health Care, Inc. dated September 10,
              1993.(1)
      
   10.21      Plan and Agreement of Merger by and among NuMED Technologies,
              Inc., Hi-Tech Exchange, Inc. and NuMED Home Health Care, Inc.
              dated December 31, 1992.(2)
      
   10.22      Employment Agreement between NuMED Home Health Care, Inc. and
              Jugal K. Taneja, dated November 11, 1993.(3)

   10.23      Employment Agreement between NuMED Home Health Care, Inc. and
              Susan J. Carmichael, dated November 11, 1993.(3)

   10.24      Employment Agreement Between NuMED Home Health Care, Inc. and
              James P. Witherington, dated November 11, 1993.(3)

   10.25      Rescission Agreement between NuMED Home Health Care, Inc. and
              Providence Health Care, Inc. dated December 31, 1993.(6)

   10.26      Mutual Release and Settlement Agreement by and among NuMED Home
              Health Care, Inc., Providence Health Care, Inc., Commonwealth
              Associates, Inc., and others, dated December 31, 1993.(6)

   10.27      Amended, Consolidated and Restated Bill of Sale and Assignment
              and Assumption Agreement by and among NuMED Home Health Care,
              Inc., NuMED Technologies, Inc. and NuMED Surgical, Inc. dated
              April 15, 1994.(3)

   10.28      NuMED Home Health Care, Inc. Outside Director and Advisory
              Board Member Stock Option Plan. (Filed as Exhibit No. 99(a) to
              registration statement on Form S-8, File No. 33-90966).(8)

   10.29      NuMED Home Health Care, Inc. 1994 Employee Stock Option Plan.
              (Filed as Exhibit No. 99(b) to registration statement on Form
              S-8, File No. 33-90966).(8)

   10.30      NuMED Home Health Care, Inc. Employee Stock Purchase Plan.
              (Filed as Exhibit No. 99(c) to registration statement on Form
              S-8, File No. 33-90966).(8)

   10.31      Letter Agreement by and between NuMED Home Health Care, Inc.
              and A.T. Brod & Co., Inc. dated June 7, 1993.(7)

   10.32      Employment and Non-Competition Agreement by and between NuMED
              Home Health Care, Inc. and Allan Cheiken dated April 4, 1995.
              (10)

   10.33      Financial Consulting Agreement by and between NuMED Home Health
              Care, Inc. and A.T. Brod & Co., Inc.(7)

   10.34      Employment Agreement between NuMED Home Health Care, Inc. and
              Jugal K. Taneja, dated September 1, 1996.(11)

   10.35      Employment Agreement between NuMED Home Health Care, Inc. and
              Susan J. Carmichael, dated September 1, 1996.(11)

   10.36      Employment and Non-Competition Agreement by and between NuMED
              Home Health Care, Inc. and Allan Cheiken dated April 4, 1996.

   10.37      Employment and Non-Competition Agreement by and between Parke
              Home Health Care,  Inc. and Pamela Metz dated April 8, 1996.

   10.38      Amendments to employment agreement dated 9/1/96 between NuMED
              and Susan J. Carmichael. 

   10.39      Amendments to employment agreement dated 9/1/96 between NuMED
              and Jugal K. Taneja.

   21         Subsidiaries of NuMED Home Health Care, Inc.

   23  ##     Consent of Ernst & Young LLP.

   99  ##     Form 11-K for the year ended March 31, 1998 of NuMED Home
              Health Care, Inc., Employee Stock Purchase Plan

   ------------ 
   ##  Filed herewith

   (1)    Incorporated by reference to the Company's Schedule 13D filed
   September 20, 1993.

   (2)    Incorporated by reference to the Company's registration statement
   on Form S-4, File No. 33-53218

   (3)    Incorporated by reference to NuMED Surgical, Inc.'s registration
   statement on Form 10SB, File No. 0-24362

   (4)    Incorporated by reference to the Company's Form 10-KSB for the
   fiscal year ended March 31, 1992.

   (5)    Incorporated by reference to the Company' form 10-KSB for the
   fiscal year ended March 31, 1993.

   (6)    Incorporated by reference to the Company's Amendment No. 2 to
   Schedule 13D filed on January 5, 1994.

   (7)    Incorporated by reference to the Company's registration statement
   on Form SB-2, File No.  33-86122.

   (8)    Incorporated by reference to the Company's registration statement
   on Form S-8, File No. 33-90966.

   (9)    Incorporated by reference to the Company's report on Form 8-K
   dated filed on May 5, 1995.

   (10)   Incorporated by reference to the Company's form 10-KSB for the
   fiscal year ended March 31, 1995.

   (11)   Incorporated by reference to the Company's form 10-QSB for the
   quarter ended September 30, 1995.

   (12)   Incorporated by reference to the Company's form 10-QSB for the
   quarter ended September 30 1996 - Jugal K. Taneja.

   (13)   Incorporated by reference to the Company's form 10-QSB for the
   quarter ended September 30, 1996 - Susan J. Carmichael.

           (b) Reports on Form 8-K.
           
                    The Company filed a report on Form 8-K dated May 5, 1995
             in connection with the consummation of the purchase of certain
             assets of Rehab America, Inc. by NuMED Rehabilitation on April
             4, 1995.  The following financial statements were filed with the
             report:
           
             (A)  NuMED Home Health Care, Inc. and Subsidiaries Unaudited
                  Pro Forma Condensed Combined Financial Statements:

                  (i)    Unaudited Pro Forma Condensed Combined Balance
                         Sheet as of December 31, 1994.
                  (ii)   Unaudited Pro Forma Condensed Combined Statement of
                         Income for the Nine Months Ended December 31, 1994.
                  (iii)  Unaudited Pro Forma Condensed Combined Statements
                         of Income for the Year Ended March 31, 1994.
                  (iv)   Notes to Unaudited Pro Forma Condensed Combined
                         Financial Statements.
           
             (B)  North American Rehabilitation, Inc. and Care Management
                  Services, Inc. Unaudited Interim Combined Financial
                  Statements:

                  (i)    Combined Balance Sheet as of December 31, 1994 and
                         September 30, 1994.
                  (ii)   Unaudited Combined Statement of Operation and
                         Accumulated Deficit for the Three Months Ended
                         December 31, 1994 and 1993.
                  (iii)  Unaudited Combined Statements of Cash Flow for the
                         Three Months Ended December 31, 1994 and 1993.
                  (iv)   Notes to Unaudited Combined Financial Statements.
           
             (C)  North American Rehabilitation, Inc. and Care Management
                  Services, Inc. Combined Financial Statements:

                  (i)    Combined Balance Sheets as of September 30, 1994
                         and 1993.
                  (ii)   Combined Statements of Operations and Accumulated
                         Deficit for the Years Ended September 30, 1994,
                         1993 and 1992.
                  (iii)  Combined Statement of Cash Flows for the Years
                         Ended September 30, 1994, 1993 and 1992.
                  (iv)   Notes to Combined Financial Statements.