OMNICARE INC
8-K, 1998-05-19
DRUG STORES AND PROPRIETARY STORES
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                       SECURITIES AND EXCHANGE COMMISSION


                             Washington, D.C. 20549


                                    FORM 8-K


                                 CURRENT REPORT


                     Pursuant to Section 13 or 15(d) of the
                        Securities Exchange Act of 1934



         Date of Report (Date of earliest event reported): May 19, 1998




                                 OMNICARE, INC.
                -----------------------------------------------
             (Exact name of registrant as specified in its charter)


                                    Delaware
                -----------------------------------------------
                 (State or other jurisdiction of incorporation)




            1-8269                             31-1001351
       -----------------------------------------------------------------
           (Commission File Number) (IRS Employer Identification No.)


           50 East River Center Boulevard, Covington, Kentucky 41011
       -----------------------------------------------------------------
              (Address of principal executive offices) (Zip code)


       Registrant's telephone number, including area code: (606)291-6800
       -----------------------------------------------------------------


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Item 5.    Other Events
           ------------

     Omnicare, Inc. earned net income of $6,848,000 on sales of $104,427,000 for
the month ended April 30, 1998.














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                                   SIGNATURE
                                   ---------


     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.



                                                         Omnicare, Inc.
                                                  ------------------------------
                                                          (Registrant)


Date:   May 19, 1998                             By:  /s/ David W. Froesel, Jr.
      -------------------------------                ---------------------------
                                                     David W. Froesel, Jr.
                                                     Senior Vice President and 
                                                     Chief Financial Officer
                                                     (Principal Financial and 
                                                     Accounting Officer)


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