SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Act of 1934
Date of Report
(Date of earliest event reported)
September 30, 1997
CUMBERLAND HEALTHCARE, L.P. I-A
(Exact name of registrant a specified in its charter)
Delaware 0-16415 59-2660778
(State or other (Commission (IRS Employer
jurisdiction File Number) Identification No.)
of incorporation)
880 Carillon Parkway, St. Petersburg, Florida 33716
(Address of Principal executive offices) (Zip Code)
Registrant's telephone number (813) 573-3800
INFORMATION TO BE INCLUDED IN THE REPORT
Item 1. Not Applicable
Item 2. The Registrant entered into a Purchase and Sale
Agreement with Premier Management Company, an Illinois
corporation, ("Premier") on August 1, 1997, pursuant to which
Premier agreed to purchase two nursing homes (collectively the
"Premier Homes"). The purchase price was five million fifty
thousand dollars ($5,050,000). The transaction was consummated
on September 30, 1997. The Premier Homes consist of the 97-bed
facility known as Pacific Palms Skilled Nursing Hospital in
Norwalk, California and the 99-bed facility known as Paramount
Chateau Convalescent Hospital in Paramount, California both which
were operated by the Partnership.
(a) The purchase price ($5,050,000) was paid in cash at
closing by federal funds wire transfer to the Registrant.
After the closing, the Registrant's remaining nursing homes
consist of a 49.5% interest in a 60-bed nursing home with a 24-
bed assisted living center in Sequim, Washington known as Olympic
Healthcare Center.
There is no material relationship between Premier and the
Registrant or any of their directors, officers or affiliates.
Item 3. Not Applicable
Item 4. Not Applicable
Item 5. Pursuant to consents solicited by the Registrant in
accordance with a proxy statement dated April 17, 1996, the
limited partners of the Registrant approved a Plan of Liquidation
and Dissolution as described in such Proxy Statement.
Item 6. Not Applicable
Item 7. Not Applicable
Item 8. Not Applicable
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.
CUMBERLAND HEALTHCARE, L.P. I-A
(Registrant)
Date: October 15, 1997 By: Medical Investments
Partners
By: RJ Health Properties, Inc.
Managing General Partner
By: /s/ J.Davenport Mosby, III
Vice President and Director
