<TABLE> <S> <C>
                                              
<ARTICLE>                                          5
<LEGEND>                                      
This schedule contains summary financial information extracted from the
Condensed Consolidated Statement of Financial Condition at March 31, 1997
(Unaudited) and the Condensed Consolidated Statements of Income for the
six months ended March 31, 1997 (Unaudited) and is qualified in its
entirety by reference to such financial statements.
</LEGEND>                                     
<CIK>                                        0000931782
<NAME>                                       MedCath Incorporated
<MULTIPLIER>                                                         1
<CURRENCY>                                         U.S. Dollars
                                                    
<S>                                               <C>
<PERIOD-TYPE>                                      6-Mos
<FISCAL-YEAR-END>                                  Sep-30-1997
<PERIOD-END>                                       Mar-31-1997
<EXCHANGE-RATE>                                                      1
<CASH>                                                      10,876,192
<SECURITIES>                                                37,568,003
<RECEIVABLES>                                               20,542,775
<ALLOWANCES>                                                  (884,114)
<INVENTORY>                                                  2,656,109
<CURRENT-ASSETS>                                            71,875,867
<PP&E>                                                     124,197,857
<DEPRECIATION>                                             (16,010,807)
<TOTAL-ASSETS>                                             224,381,120
<CURRENT-LIABILITIES>                                       14,737,643
<BONDS>                                                     73,985,626
<PREFERRED-MANDATORY>                                                0
<PREFERRED>                                                          0
<COMMON>                                                       111,467
<OTHER-SE>                                                 124,075,190
<TOTAL-LIABILITY-AND-EQUITY>                               224,381,120
<SALES>                                                              0
<TOTAL-REVENUES>                                            49,563,944
<CGS>                                                                0
<TOTAL-COSTS>                                               32,546,556
<OTHER-EXPENSES>                                             8,654,062
<LOSS-PROVISION>                                               937,846
<INTEREST-EXPENSE>                                          (1,536,405)
<INCOME-PRETAX>                                              6,305,525
<INCOME-TAX>                                                 2,453,958
<INCOME-CONTINUING>                                          3,851,567
<DISCONTINUED>                                                       0
<EXTRAORDINARY>                                                      0
<CHANGES>                                                            0
<NET-INCOME>                                                 3,851,567
<EPS-PRIMARY>                                                        0.33
<EPS-DILUTED>                                                        0.33
        


</TABLE>