Form: SC 13G/A

Schedule filed to report acquisition of beneficial ownership of 5% or more of a class of equity securities by passive investors and certain institutions

February 7, 1995

SC 13G/A: Schedule filed to report acquisition of beneficial ownership of 5% or more of a class of equity securities by passive investors and certain institutions

Published on February 7, 1995











UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549


SCHEDULE 13G


Under the Securities Exchange Act of 1934

(Amendment No. 1 )


Omega Healthcare Investors, Inc.
- -------------------------------------------------------------------------------
(Name of Issuer)

Common
- -------------------------------------------------------------------------------
(Title of Class of Securities)

681936100
------------------------------------------
(CUSIP Number)

Check the following box if a fee is being paid with this statement . (A fee
---
is not required only if the filing person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7).

*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).

CUSIP NO. 681936100 Page 2 of 13 Pages
13G

1 NAME OF REPORTING PERSON
S.S OR I.R.S IDENTIFICATION NO. OF ABOVE PERSON

INVESCO PLC
No SS or IRS Identification Number

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a)
-----

(b) X
-----

3 SEC USE ONLY


4 CITIZENSHIP OR PLACE OF ORGANIZATION

England



5 SOLE VOTING POWER
NUMBER OF SHARES None
BENEFICIALLY OWNED
BY EACH REPORTING 6 SHARED VOTING POWER
PERSON WITH
500,000

7 SOLE DISPOSITIVE POWER
None

8 SHARED DISPOSITIVE POWER
500,000


9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
500,000

10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
7.7%

12 TYPE OF REPORTING PERSON*
H.C.

*SEE INSTRUCTION BEFORE FILLING OUT

CUSIP No. 681936100 Page 3 of 13 Pages
13G

1 NAME OF REPORTING PERSON
S.S OR I.R.S IDENTIFICATION NO. OF ABOVE PERSON

INVESCO North American Group, Ltd.
No SS or IRS Identification Number

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a)
-----

(b) X
-----

3 SEC USE ONLY


4 CITIZENSHIP OR PLACE OF ORGANIZATION

England


5 SOLE VOTING POWER
NUMBER OF SHARES None
BENEFICIALLY OWNED
BY EACH REPORTING 6 SHARED VOTING POWER
PERSON WITH
500,000

7 SOLE DISPOSITIVE POWER
None

8 SHARED DISPOSITIVE POWER
500,000

9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
500,000

10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
7.7%

12 TYPE OF REPORTING PERSON*
H.C.

*SEE INSTRUCTION BEFORE FILLING OUT

CUSIP NO. 681936100 Page 4 of 13 Pages
13G

1 NAME OF REPORTING PERSON
S.S OR I.R.S IDENTIFICATION NO. OF ABOVE PERSON

INVESCO, Inc.
IRS Identification Number 58-1995394

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a)
-----

(b) X
-----

3 SEC USE ONLY


4 CITIZENSHIP OR PLACE OF ORGANIZATION

State of Delaware


5 SOLE VOTING POWER
NUMBER OF SHARES None
BENEFICIALLY OWNED
BY EACH REPORTING 6 SHARED VOTING POWER
PERSON WITH
500,000

7 SOLE DISPOSITIVE POWER
None

8 SHARED DISPOSITIVE POWER
500,000

9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
500,000

10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
7.7%

12 TYPE OF REPORTING PERSON*
H.C.

*SEE INSTRUCTION BEFORE FILLING OUT

CUSIP NO. 681936100 Page 5 of 13 Pages
13G

1 NAME OF REPORTING PERSON
S.S OR I.R.S IDENTIFICATION NO. OF ABOVE PERSON

INVESCO North American Holdings, Inc.
IRS Identification Number 51-0264787

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a)
-----

(b) X
-----

3 SEC USE ONLY


4 CITIZENSHIP OR PLACE OF ORGANIZATION

State of Delaware

5 SOLE VOTING POWER
NUMBER OF SHARES None
BENEFICIALLY OWNED
BY EACH REPORTING 6 SHARED VOTING POWER
PERSON WITH
500,000

7 SOLE DISPOSITIVE POWER
None

8 SHARED DISPOSITIVE POWER
500,000

9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
500,000

10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
7.7%

12 TYPE OF REPORTING PERSON*
H.C.

*SEE INSTRUCTION BEFORE FILLING OUT

CUSIP NO. 681936100 Page 6 of 13 Pages
13G

1 NAME OF REPORTING PERSON
S.S OR I.R.S IDENTIFICATION NO. OF ABOVE PERSON

INVESCO Funds Group, Inc.
IRS Identification Number 84-0235630

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a)
-----

(b) X
-----

3 SEC USE ONLY


4 CITIZENSHIP OR PLACE OF ORGANIZATION

State of Delaware


5 SOLE VOTING POWER
NUMBER OF SHARES None
BENEFICIALLY OWNED
BY EACH REPORTING 6 SHARED VOTING POWER
PERSON WITH
500,000

7 SOLE DISPOSITIVE POWER
None

8 SHARED DISPOSITIVE POWER
500,000

9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
500,000

10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
7.7%

12 TYPE OF REPORTING PERSON*
I.A.

*SEE INSTRUCTION BEFORE FILLING OUT

Schedule 13G Page 7 of 13 Pages


ITEM 1 (A) NAME OF ISSUER:

Omega Healthcare Investors, Inc.

ITEM 1 (B) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:

905 W. Eisenhower Circle, Suite 110
Ann Arbor, MI 48103

ITEM 2 (A) NAME OF PERSON FILING:

INVESCO PLC

ITEM 2 (B) ADDRESS OF PRINCIPAL OFFICE:

11 Devonshire Square
London EC2M 4YR
England

ITEM 2 (C) CITIZENSHIP:

Organized under the laws of England

ITEM 2 (D) TITLE OF CLASS OF SECURITIES:

Common

ITEM 2 (E) CUSIP NUMBER: 681936100


ITEM 3 IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(B) OR
13D-2(B), CHECK WHETHER THE PERSON FILING IS A:

(a) ( ) Broker or Dealer registered under Section 15 of the Act.
(b) ( ) Bank as defined in Section 3(a)(6) of the Act.
(c) ( ) Insurance Company as defined in Section 3(a)(19) of the
Act.
(d) ( ) Investment Company registered under Section 8 of the
Investment Company Act.
(e) ( ) Investment Adviser registered under Section 203 of the
Investment Advisers Act of 1940.
(f) ( ) Employee Benefit Plan, Pension Fund which is subject to
provisions of Employee Retirement Income Security Act of
1974 or Endowment Fund; see (S)240.13d-1(b)(1)(ii)(F).
(g) (X) Parent Holding Company in accordance with
(S)240.13d-1(b)(ii)(G). (Note: see Item 7)
(h) ( ) Group, in accordance with (S)240.13d-1(b)(1)(ii)(H).

SCHEDULE 13G Page 8 of 13 Pages


ITEM 4 OWNERSHIP:

*The information in items 1 and 5 through 11 on the cover pages (pp. 2-5)
on Schedule 13G is hereby incorporated by reference.

The reporting persons expressly declare that the filing of this statement
on Schedule 13G shall not be construed as an admission that they are, for
the purposes of Section 13(d) or 13(g) of the Securities and Exchange Act
of 1934, the beneficial owners of any securities covered by this statement.

ITEM 5 OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.

Not applicable

ITEM 6 OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.

The reporting persons hold the securities covered by this report on
behalf of other persons who have the right to receive or the power to
direct the receipt of dividends from, or the proceeds from the sale of
such securities. The interest of any such persons does not exceed 5%
of the class of securities.

ITEM 7 IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARIES WHICH ACQUIRED
THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY:

X INVESCO North American Group, Ltd. - holding company in
----- accordance with Rule 13d-1(b)(ii)(G).

X INVESCO, Inc. - holding company also in accordance with Rule
----- 13d-1(b)(ii)(G).

X INVESCO North American Holdings, Inc. - holding company also
----- in accordance with Rule 13d-1(b)(ii)(G).

INVESCO Capital Management, Inc. - investment adviser
----- registered under Section 203 of the Investment Advisers
Act of 1940.

X INVESCO Funds Group, Inc. - investment adviser registered
----- under Section 203 of the Investment Advisers Act of 1940.

INVESCO Management & Research - investment adviser
----- registered under Section 203 of the Investment Advisers Act of
1940.

INVESCO MIM Management Limited - investment adviser
----- organized under the laws of England.


SCHEDULE 13G Page 9 of 13 Pages


Subsidiaries not indicated with (X) have acquired no shares of
security being reported on.

ITEM 8 IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF A GROUP.

Not applicable.

ITEM 9 NOTICE OF DISSOLUTION OF GROUP.

Not applicable.

SCHEDULE 13G Page 10 of 13 Pages


SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.

Date: 2-8-94

/s/ Michael S. Perman
------------------------------------
Michael S. Perman, as Company
Secretary for each of INVESCO
PLC and INVESCO North American
Group, Ltd.

SCHEDULE 13G Page 11 of 13 Pages


ITEM 10 CERTIFICATION:

By signing below, I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired in the ordinary
course of business and were not acquired for the purpose of and do not
have the effect of changing or influencing the control of the issuer
of such securities and were not acquired in connection with or as a
participant in any transaction having such purposes or effect.

After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.

2-8-94
- -------------------------------------
Date

/s/ Penelope P. Alexander
- -------------------------------------
Penelope P. Alexander, Secretary
INVESCO, Inc.

SCHEDULE 13G Page 12 of 13 Pages


ITEM 10 CERTIFICATION:

By signing below, I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired in the ordinary
course of business and were not acquired for the purpose of and do not
have the effect of changing or influencing the control of the issuer
of such securities and were not acquired in connection with or as a
participant in any transaction having such purposes or effect.

After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.

2-8-94
- -------------------------------------
Date

/s/ Dan J. Hesser
- -------------------------------------
Dan J. Hesser, Secretary
INVESCO North American Holdings, Inc.

SCHEDULE 13G Page 13 of 13 Pages


ITEM 10 CERTIFICATION:

By signing below, I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired in the ordinary
course of business and were not acquired for the purpose of and do not
have the effect of changing or influencing the control of the issuer
of such securities and were not acquired in connection with or as a
participant in any transaction having such purposes or effect.

After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.

2-8-94
- -------------------------------------
Date

/s/ Glen A. Payne
- -------------------------------------
Glen A. Payne, Secretary
INVESCO Funds Group, Inc.