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                                 United States
                       Securities and Exchange Commission
                              Washington, DC 20549

                                  FORM 10-Q/A
                                   (MARK ONE)

[X] Quarterly Report Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934 For the Period Ended September 30, 1997
                                       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 000-21567 
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                           Educational Medical, Inc.
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             (Exact name of registrant as specified in its charter)

             Delaware                                           65-0038445
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  (State or other jurisdiction of                             (IRS Employer
  incorporation or organization)                           Identification No.)

1327 Northmeadow Parkway, Suite 132
            Roswell, GA                                          30076
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(Address of principal executive offices)                      (Zip Code)

                                 (770) 475-9930
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              (Registrant's telephone number, including area code)

                                 Not applicable
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(Former name, former address and former fiscal year, if changed since last
                                    report)

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 (or for such shorter periods 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   
                                              ---     ---

               Applicable Only to Issuers Involved in Bankruptcy
                  Proceedings During the Preceding Five Years

Indicate by check mark whether the registrant has filed all documents and
reports required to be filed by Section 12, 13, or 15(d) of the Securities
Exchange Act of 1934 subsequent to the distribution of securities under a plan
confirmed by the court. Yes     No 
                            ---    ---

                      Applicable Only to Corporate Issuers

Indicate the number of shares outstanding of each of the issuer's classes of
common stock, as of the latest practical date.

Common Stock, $.01 Par Value, 7,362,601 shares as of November 10, 1997.




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Item 3.  Defaults upon Senior Securities.

    None

Item 4.  Submission of Matters to a Vote of Security Holders.

    On September 9, 1997, (the "Company") conducted its 1997 Annual 
Shareholders' Meeting. Items submitted to a vote of the shareholders were (1)
election of directors for 1997-1998 and (2) ratification of the appointment by
the Board of Directors of Ernst & Young LLP as the Company's independent
auditors for fiscal year 1998. All five of the Company's sitting directors were
reelected by an affirmative vote of 99.99% of the shares voted. The voting
shareholders ratified the appointment of Ernst & Young LLP as the Company's
independent auditors for fiscal year 1998 by an affirmative vote of 100% of the
shares voted. Abstentions and broker non-votes are counted only for purposes of
electing directors.

Item 5.  Other Information.

    None

Item 6.  Exhibits and Reports on Form 8-K.

    Exhibits:

    11.1         Statement re: computation of pro forma earnings per share
    11.2         Statement re: computation of historical earnings per share
   *27           Restated Financial Data Schedule (for SEC use only).  

Reports on Form 8-K:

(i) Form 8-K filed September 26, 1997 reporting the 1997 Annual Shareholders'
    Meeting on September 9, 1997.
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* Filed herewith.


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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.

                                          Educational Medical, Inc.
                                        -----------------------------

Date: November 10, 1997                      /s/ Vince Pisano
                                                 (Signature)
                                                Vince Pisano
                                          Chief Financial Officer
                                         Principal Financial Officer
                                                     and
                                         Principal Accounting Officer