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 8, 2003
                                  (May 8, 2003)

                         AMERICAN RETIREMENT CORPORATION
             (Exact name of registrant as specified in its charter)

       Tennessee                     01-13031                62-1674303
(State of Incorporation)      (Commission File No.)    (IRS Employer I.D. No.)


        111 Westwood Place, Suite 200
            Brentwood, Tennessee                               37027
  (Address of Principal Executive Office)                   (Zip code)


       Registrant's telephone number, including area code: (615) 221-2250





Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.

     The following exhibit is furnished pursuant to Items 9 and 12:

         99.1     Supplemental Information.


Item 9. Regulation FD Disclosure.

     The information contained in this Item 9 is being furnished pursuant to
Item 9 and Item 12, "Results of Operations and Financial Condition."

     Supplemental information relating to American Retirement Corporation's
first quarter 2003 results is attached hereto as Exhibit 99.1.


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                                   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 hereunto duly authorized.


                                    AMERICAN RETIREMENT CORPORATION

Date: May 8, 2003                   By:    /s/ George T. Hicks
                                           ----------------------
                                           George T. Hicks
                                           Executive Vice President-Finance,
                                           Chief Financial Officer, Secretary
                                           and Treasurer



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                                  EXHIBIT INDEX


        No.                      Exhibit
       ----                      -------

       99.1                      Supplemental Information









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