Document:

Exhibit 10.192

                                OPTION AGREEMENT

      THIS OPTION AGREEMENT (the "Agreement") is entered into as of March 31,
1999 by and between CareMatrix of Houston, Inc., a Delaware corporation
(hereinafter, "CareMatrix of Houston") and CareMatrix of Massachusetts, Inc., a
Delaware corporation (hereinafter "CareMatrix of Mass.").

      WHEREAS, CareMatrix of Houston is the sole, absolute fee simple owner of a
certain parcel of land located in Harris County, Texas containing approximately
5.1 acres of land more or less (the "Property"); and

      WHEREAS, CareMatrix of Mass. desires to obtain an option to purchase the
Property, upon the terms and conditions set forth below;

      NOW, THEREFORE, for good and valuable consideration, the receipt and
sufficiency of which is hereby acknowledged, the parties hereto hereby agree as
follows:

      1. CareMatrix of Houston hereby grants to CareMatrix of Mass. the option
to purchase the Property for a purchase price of $500,000 (the "Purchase
Price"), upon the following further terms and conditions:

            (a) The closing date shall be on or before March 31, 2000 (the
"Closing Date");

            (b) The parties shall execute a mutually agreed upon form of
purchase and sale agreement consistent with the terms and conditions of this
Agreement:

            (c) The Property shall be conveyed on the Closing Date by a good and
sufficient quitclaim deed in favor of CareMatrix of Mass. or its nominee, to be
delivered at 12:00 noon on the Closing Date at 197 First Avenue, Needham,
Massachusetts 02194, conveying good and clear, record and marketable and
insurable fee simple title, free from encumbrances, except for only the matters
set forth on that certain Lawyers Title Insurance Corporation title insurance
policy insuring CareMatrix of Houston relating to the Property, a copy of which
has been delivered to CareMatrix of Mass. herewith, and such other easements and
restrictions hereafter affecting the Property as reasonably approved by
CareMatrix of Mass.;

            (d) The Purchase Price shall be adjusted with respect to real estate
taxes and water and sewer charges, insurance premiums and utility charges and
other customary items in transactions of this type;

<PAGE>

            (e) This option shall be exercisable by CareMatrix of Mass. by
written notice to CareMatrix of Houston given at lease five (5) days before the
Closing Date;

            (f) The transfer of the Property shall be made subject to any
changes in the Property which may have occurred as a result of taking by eminent
domain, and subject to any state of facts as an accurate survey would show other
than encumbrances created by CareMatrix of Houston after the date hereof and not
otherwise permitted hereunder.

      2. CareMatrix agrees to pay, simultaneously herewith, the sum of $500,000
(the "Option Price"), for the option to purchase the Property. The Option Price
shall be credited in full against the Purchase Price for the Property.

               [Remainder of this page intentionally left blank.]

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<PAGE>

      WITNESS THE EXECUTION HEREOF as an instrument under seal as of the date
first set forth above.

WITNESS:                             CAREMATRIX OF HOUSTON, INC.

----------------------------         By: /s/ David B. Currie
                                     -------------------------------------------
                                     Title: David B. Currie
                                     -------------------------------------------
                                            Vice President

                                     hereunto duly authorized

WITNESS:                             CAREMATRIX OF MASSACHUSETTS, INC.

----------------------------         By: /s/ David B. Currie
                                     -------------------------------------------
                                     Title: David B. Currie
                                     -------------------------------------------
                                            Sr. Vice President

                                     hereunto duly authorized

Receipt of Option Price Acknowledged:

CAREMATIX OF HOUSTON, INC.

By: /s/ David B. Currie
----------------------------

----------------for CareMatrix of Houston, Inc.

                DAVID B. CURRIE
                SENIOR VICE PRESIDENT

                                       3Exhibit 10.193

                              CONSULTING AGREEMENT

      THIS CONSULTING AGREEMENT (this "Agreement") effective as of May 1, 1999,
between Chancellor Senior Housing Group, Inc. (the "Company"), and CareMatrix of
Massachusetts, Inc., a Delaware corporation (the "Consultant").

      WHEREAS, the Company desires to retain the Consultant to perform certain
consulting services for the Company, and the Consultant desires to be retained
by the Company; and

      WHEREAS, the Company and the Consultant desire to set forth the terms and
conditions on which the Consultant shall be retained by and provide services to
the Company.

      NOW, THEREFORE, for good and valuable consideration, the receipt and
sufficiency of which is hereby acknowledged, the parties hereto hereby agree as
follows:

      1. Consulting Services. During the term of this Agreement, the Consultant
shall provide consulting services and assistance with respect to the
construction of the senior housing villas owned and/or operated by the Company
located in Brooklyn, Ohio.

      2. Consulting Fees and Expenses. The Company shall pay to the Consultant a
consulting fee of Twenty Thousand ($20,000.00) Dollars per month (the
"Consulting Fee").

      3. Term. The initial term of this Agreement shall commence effective on
the date hereof (the "Effective Date") and continue for a period of twenty-four
(24) months, and shall be renewable upon ninety (90) days prior notice from the
Company to the Consultant for an additional twelve (12) month period at the
option of the Company. Notwithstanding the foregoing, either the Company or the
Consultant may terminate this Agreement at any time after the Effective Date for
any reason by providing thirty (30) days prior written notice of such intention
to terminate to the other party.

      4. Independent Contractor. The Consultant is and shall be an independent
contractor hereunder and the officers, directors and employees of the Consultant
are not and shall not be an employee of the Company by virtue of this Agreement.
Neither the Consultant nor the Company shall hold the Consultant out as an
agent, partner, officer, director, or other employee of the Company and the
Consultant further specifically disclaims any and all rights to an equity
interest in or a

<PAGE>

partnership interest with the Company. The Consultant specifically acknowledges
and agrees that this Agreement shall not give the Consultant authority to
execute any contracts or agreements on behalf of the Company or its Affiliates
and nor authority to bind the Company or its Affiliates to any obligation
(contractual or otherwise). The Consultant shall devote such of its time, energy
and skill as is reasonably necessary to perform the services described in
Paragraph 1 above.

      5. Indemnity. The Consultant shall indemnify and hold harmless the Company
from and against all claims, losses, costs, damages and expenses including,
without limitation, attorneys' fees and costs resulting from or arising in
connection with any negligence or intentional or willful misconduct by the
Consultant in the performance of Consultant's duties under this Agreement.

      6. Entire Agreement. This Agreement represents the entire understanding
and agreement between the parties with respect to the subject matter hereof, and
supersedes all other negotiations, understandings and representations (if any)
made by and between such parties. The provisions of this Agreement may not be
amended, supplemented, waived or changed orally, but only by a writing signed by
the party as to whom enforcement of any such amendment, supplement, waiver or
modification is sought and making specific reference to this Agreement.

      7. Assignment. The Consultant may not assign or delegate its rights and/or
obligations hereunder, provided, however, the Consultant may assign its right to
receive fees or other compensation hereunder the any lender of the Consultant.
The Company may assign its rights hereunder to any of its Affiliates but shall
remain primarily liable hereunder absent a written release executed by the
Consultant.

      8. Severability. If any part of this Agreement or any other agreement
entered into pursuant hereto is contrary to, prohibited by or deemed invalid
under applicable law or regulation, such provision shall be inapplicable and
deemed omitted to the extent so contrary, prohibited or invalid, but the
remainder hereof shall not be invalidated thereby and shall be given full force
and effect so far as possible.

      9. Notices. All notices, requests, consents and other communications
required or permitted under this Agreement shall be in writing and shall be (as
elected by the person giving such notice) hand delivered by messenger or courier
service, delivered by a nationally recognized overnight delivery service, or
mailed by registered or certified mail (postage prepaid), return receipt
requested, addressed to:

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<PAGE>

If to the Consultant:                     If to the Company:

CareMatrix of Massachusetts, Inc.                 Chancellor Senior Housing
Group,Inc.
197 First Avenue                          197 First Avenue
Needham, MA  02494                        Needham, MA 02494
Attn: CEO                                 Attn: President

or to such other address as any party may designate by notice complying with the
terms of this Section. Each such notice shall be deemed delivered (a) on the
date delivered if by personal delivery, or (b) on the date upon which the
receipt is signed or delivery is refused or the notice is designated by the
postal authorities or delivery service as not deliverable, as the case may be,
if delivered by overnight delivery or mailed.

      10. Waivers. The failure or delay of any party at any time to require
performance by another party of any provision of this Agreement, even if known,
shall not affect the right of such party to require performance of that
provision or to exercise any right, power or remedy hereunder, and any waiver by
any party of any breach of any provision of this Agreement should not be
construed as a waiver of any continuing or succeeding breach of such provision,
a waiver of the provision itself, or a waiver of any right, power or remedy
under this Agreement. No notice to or demand on any party in any case shall, of
itself, entitle such party to any other or further notice or demand in similar
or other circumstances.

      11. Governing Law. This Agreement and all transactions contemplated by
this Agreement shall be governed by, and construed and enforced in accordance
with, the internal laws of the Commonwealth of Massachusetts without regard to
principles of conflicts of laws.

      12. Definitions: For purposes of this Agreement, the following terms shall
have the meanings set forth below:

      12.1. "Affiliate" shall mean, with respect to a Person, any other Person
            that, directly or indirectly through one or more intermediaries,
            controls, is controlled by or is under common control with such
            first Person. For purposes of this Agreement, the term "control"
            shall mean the possession, direct or indirect, of the power to
            direct or cause the direction of the management and policies of a
            Person, whether through the ownership of voting securities, by
            contract or otherwise.

      12.2. "Person" shall mean an individual, partnership, corporation, limited
            liability Company, trust, joint venture or other entity.

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<PAGE>

      IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of
the day and year first set forth above.

Signed in the                       CHANCELLOR SENIOR HOUSING
Presence of:                        GROUP, INC.

                                    By: /s/ Abraham D. Gosman
------------------------------          -----------------------------
Print Name:                             Name:
            ------------------          Title:

                                    CAREMATRIX OF MASSACHUSETTS, INC.

                                    By: /s/ Michael J. Zaccaro
------------------------------          -----------------------------
Print Name:                             Name:
            ------------------          Title:

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