EXHIBIT 11

                          UNISON HEALTHCARE CORPORATION
                 Statement Re: Computation of Per Share Earnings
                        (In thousands, except per share)
<TABLE>
<CAPTION>
                                                             Three Months Ended    Nine Months Ended
                                                                September 30,        September 30,
                                                            -------------------   -------------------
                                                              1998       1997       1998       1997
                                                            --------   --------   --------   --------
<S>                                                         <C>        <C>        <C>        <C>
FOR BASIC EARNINGS PER SHARE (1)
Shares outstanding at beginning of period ...............      6,422      6,422      6,422      4,230
Shares issued to former Signature shareholders ..........         --         --         --        173
Conversion of debentures ................................         --         --         --        102
Exercise of stock purchase warrants .....................         --         --         --         --
Exercise of stock options ...............................         --         --         --          1
                                                            --------   --------   --------   --------
Weighted average number of shares and share
equivalents outstanding .................................      6,422      6,422      6,422      6,354
                                                            --------   --------   --------   --------
Net loss ................................................   $ (4,138)  $ (1,956)  $(13,981)  $ (8,971)
                                                            --------   --------   --------   --------
Net loss per share, basic ...............................   $  (0.64)  $  (0.30)  $  (2.18)  $  (1.41)
                                                            ========   ========   ========   ========

ADDITIONAL DILUTED COMPUTATION (2)
Net loss ................................................   $ (4,138)  $ (1,956)  $(13,981)  $ (8,971)
Add interest on convertible debentures, net of 
   tax effect ...........................................         34         33        102         66
                                                            --------   --------   --------   --------
Net loss as adjusted ....................................   $ (4,104)  $ (1,923)  $(13,879)  $ (8,905)
                                                            --------   --------   --------   --------
Weighted average number of shares outstanding ...........      6,422      6,422      6,422      6,354
Shares issuable upon conversion of debentures ...........        636        636        636        428
                                                            --------   --------   --------   --------
Weighted average number of shares, as adjusted ..........      7,058      7,058      7,058      6,782
                                                            --------   --------   --------   --------
Net loss per share, diluted .............................   $  (0.58)  $  (0.27)  $  (1.97)  $  (1.31)
                                                            ========   ========   ========   ========
</TABLE>


(1)  Shares used in these  tables are  weighted  based on the number of days the
     shares were outstanding or assumed to be outstanding during each period.

(2)  This  calculation  is  submitted in  accordance  with  Regulation  S-K Item
     601(b)(11)  although it is contrary to Statement  of  Financial  Accounting
     Standards No. 128 because it produces an anti-dilutive result.