S-4: Registration of securities issued in business combination transactions

EXHIBIT 23.3


CONSENT OF ERNST & YOUNG LLP, INDEPENDENT AUDITORS


We consent to the reference to our firm under the caption "Experts" in the
Registration Statement (Form S-4, dated August 23, 1994) and related Joint
Proxy Statement and Prospectus of Omega Healthcare Investors, Inc. and Health
Equity Properties Incorporated and to the incorporation by reference therein of
our report dated February 18, 1994, with respect to the financial statements of
Professional Health Care Management, Inc. as of December 31, 1993 and for the
fifteen months then ended December 31, 1993, filed with the Securities and
Exchange Commission.


Ernst & Young LLP


Milwaukee, Wisconsin
August 22, 1994