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GRANCARE NAMES VICE PRESIDENT OF SUBSIDIARY

 CULVER CITY, Calif., Feb. 1 /PRNewswire/ -- GranCare Inc. (NASDAQ: GRNC) has named D. Michael Connellan vice president of GranCare Services Group, a subsidiary of GranCare Inc., through which the majority of GranCare's acquisitions are handled. The announcement was made by Evrett W. Benton, executive vice president and general counsel of GranCare Inc. Connellan will aid in acquisitions and corporate development opportunities for GranCare.
 Connellan comes to GranCare with more than 10 years of financial and health care experience, most recently with Nationwide Health Properties Inc., a $400 million NYSE-listed health care REIT, where he served as senior vice president. He was formerly a principal at Alex. Brown Inc., a leading investment banking firm in Baltimore.
 "Michael's extensive financial and health care industry experience will greatly benefit GranCare as we continue our aggressive growth strategy," said Benton. "We are pleased to have him as part of our GranCare team."
 GranCare operates 84 long-term health care facilities located in California, Wisconsin, Colorado, Arizona, South Dakota and Michigan, as well as four institutional pharmacies. The company reported revenues of $175 million and net income of $3.8 million for the year ended Dec. 31, 1991, and revenues of $201.1 million and net income of $6.6 million for the nine months ended Sept. 30, 1992.
 -0- 2/1/93
 /CONTACT: Evrett W. Benton, executive VP and general counsel of GranCare, 310-645-1555; or Craig A. Parsons or Kim P. Feazle of Pondel Parsons & Wilkinson, 310-207-9300, for GranCare/
 (GRNC)


CO: GranCare Inc.; GranCare Services Goup ST: California IN: HEA SU: PER

KJ-LS -- LA012 -- 1181 02/01/93 09:03 EST
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Publication:PR Newswire
Date:Feb 1, 1993
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