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


SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. _)*



Global Healthcare REIT Inc.
-------------------------------------------------------------------------------
(Name of Issuer)


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


37953J107
----------------------------------------
(CUSIP Number)


Chris Doucet, 2204 Lakeshore Drive, Suite 304,Birmingham, Alabama 35209
205-414-9788
-------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)


February 4, 2015
-------------------------------------------------------------------------------
(Date of Event Which Requires Filing of this Statement)


If the filing person has previously filed a statement on Schedule 13G to report
the acquisition that is the subject of this Schedule 13D, and is filing this
schedule because of ss.ss.240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the
following box.  [X]


Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Section 240.13d-7 for other
parties to whom copies are to be sent.


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


The information required on the remainder of this cover page shall not be
deemed to be  for the purpose of Section 18 of the Securities Exchange
Act of 1934 () 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).





Persons who respond to the collection of information contained in this form are
not required to respond unless the form displays a currently valid OMB control
number.



SEC 1746 (3-06)





      ------------------------------------------------
      CUSIP No. 37953J107
      ------------------------------------------------
      --------------------------------------------------------------------------
      1    Name of Reporting Persons
           I.R.S. Identification Nos. of above persons (entities only)

      Doucet Capital,LLC, sole owner of Doucet Asset Management, LLC 03-0600886
      --------------------------------------------------------------------------

      2    Check the Appropriate Box if a Member of a Group (See Instructions)

      (a)           [ ]
      (b)           [ ]
      --------------------------------------------------------------------------

      3     SEC Use Only

      --------------------------------------------------------------------------

      4     Source of Funds (See Instructions)

            HC
      --------------------------------------------------------------------------

      5     Check if Disclosure of Legal Proceedings is Required Pursuant to
            Items 2(d) or 2(e)[  ]
      --------------------------------------------------------------------------

      6     Citizen or Place of Organization

            Delaware, US
      --------------------------------------------------------------------------

        Number of        7    Sole Voting Power           0
                        --------------------------------------------------------
        Shares
        Beneficially     8    Shared Voting                3,285,943
                        --------------------------------------------------------
        Owned by
        Each             9    Sole Dispositive Power      0
                        --------------------------------------------------------
        Reporting
        Person With     10    Shared Dispositive Power     3,285,943
      --------------------------------------------------------------------------


      11   Aggregate Amount Beneficially Owned by Each Reporting Person

            3,285,943
      --------------------------------------------------------------------------

      12   Check if the Aggregate Amount in Row (11) Excludes Certain Shares
           (See Instructions)    [  ]
      --------------------------------------------------------------------------

      13   Percent of Class Represented by Amount in Row (11)

           16.7%
      --------------------------------------------------------------------------

      14   Type of Reporting Person (See Instructions)

           HC
      --------------------------------------------------------------------------






      ------------------------------------------------
      CUSIP No.  37953J107
      ------------------------------------------------
      --------------------------------------------------------------------------
      1    Name of Reporting Persons
           I.R.S. Identification Nos. of above persons (entities only)

      Doucet Asset Management, LLC 03-0600882
      --------------------------------------------------------------------------

      2    Check the Appropriate Box if a Member of a Group (See Instructions)

      (a)           [ ]
      (b)           [ ]
      --------------------------------------------------------------------------

      3     SEC Use Only

      --------------------------------------------------------------------------

      4     Source of Funds (See Instructions)

            IA
      --------------------------------------------------------------------------

      5     Check if Disclosure of Legal Proceedings is Required Pursuant to
            Items 2(d) or 2(e)[  ]
      --------------------------------------------------------------------------

      6     Citizen or Place of Organization

            Delaware, US
      --------------------------------------------------------------------------

        Number of        7    Sole Voting Power           0
                        --------------------------------------------------------
        Shares
        Beneficially     8    Shared Voting               3,285,943
                        --------------------------------------------------------
        Owned by
        Each             9    Sole Dispositive Power      0
                        --------------------------------------------------------
        Reporting
        Person With     10    Shared Dispositive Power    3,285,943
      --------------------------------------------------------------------------


      11   Aggregate Amount Beneficially Owned by Each Reporting Person

           3,285,943
      --------------------------------------------------------------------------

      12   Check if the Aggregate Amount in Row (11) Excludes Certain Shares
           (See Instructions)    [  ]
      --------------------------------------------------------------------------

      13   Percent of Class Represented by Amount in Row (11)

           16.7%
      --------------------------------------------------------------------------

      14   Type of Reporting Person (See Instructions)

           IA
      --------------------------------------------------------------------------





      ------------------------------------------------
      CUSIP No.  37953J107
      ------------------------------------------------
      --------------------------------------------------------------------------
      1    Name of Reporting Persons
           I.R.S. Identification Nos. of above persons (entities only)


       Christopher L. Doucet, managing member of Doucet Capital, LLC and
          CEO and control person of Doucet Asset Management
      --------------------------------------------------------------------------

      2    Check the Appropriate Box if a Member of a Group (See Instructions)

      (a)           [ ]
      (b)           [ ]
      --------------------------------------------------------------------------

      3     SEC Use Only

      --------------------------------------------------------------------------

      4     Source of Funds (See Instructions)
            IN
      --------------------------------------------------------------------------

      5     Check if Disclosure of Legal Proceedings is Required Pursuant to
            Items 2(d) or 2(e)[  ]
      --------------------------------------------------------------------------

      6     Citizen or Place of Organization

            US Citizen
      --------------------------------------------------------------------------

        Number of        7    Sole Voting Power           0
                        --------------------------------------------------------
        Shares
        Beneficially     8    Shared Voting               3,285,943
                        --------------------------------------------------------
        Owned by
        Each             9    Sole Dispositive Power      0
                        --------------------------------------------------------
        Reporting
        Person With     10    Shared Dispositive Power    3,285,943
      --------------------------------------------------------------------------

      11   Aggregate Amount Beneficially Owned by Each Reporting Person

           3,285,943
      --------------------------------------------------------------------------

      12   Check if the Aggregate Amount in Row (11) Excludes Certain Shares
           (See Instructions)    [  ]
      --------------------------------------------------------------------------

      13   Percent of Class Represented by Amount in Row (11)

           16.7%
      --------------------------------------------------------------------------

      14   Type of Reporting Person (See Instructions)

           IN
      --------------------------------------------------------------------------




      ------------------------------------------------
      CUSIP No.  37953J107
      ------------------------------------------------
      --------------------------------------------------------------------------
      1    Name of Reporting Persons
           I.R.S. Identification Nos. of above persons (entities only)


      Suzette A. Doucet, CFO and control person of Doucet Asset Management, LLC
      --------------------------------------------------------------------------

      2    Check the Appropriate Box if a Member of a Group (See Instructions)

      (a)           [ ]
      (b)           [ ]
      --------------------------------------------------------------------------

      3    SEC Use Only

      --------------------------------------------------------------------------

      4    Source of Funds (See Instructions)

           IN
      --------------------------------------------------------------------------

      5    Check if Disclosure of Legal Proceedings is Required Pursuant to
           Items 2(d) or 2(e)[  ]
      --------------------------------------------------------------------------

      6    Citizen or Place of Organization

           US Citizen
      -------------------------------------------------------------------------

        Number of        7    Sole Voting Power           0
                        --------------------------------------------------------
        Shares
        Beneficially     8    Shared Voting               3,285,943
                        --------------------------------------------------------
        Owned by
        Each             9    Sole Dispositive Power      0
                        --------------------------------------------------------
        Reporting
        Person With     10    Shared Dispositive Power    3,285,943
      --------------------------------------------------------------------------

      11   Aggregate Amount Beneficially Owned by Each Reporting Person

           3,285,943
      --------------------------------------------------------------------------

      12   Check if the Aggregate Amount in Row (11) Excludes Certain Shares
           (See Instructions)    [  ]
      --------------------------------------------------------------------------

      13   Percent of Class Represented by Amount in Row (11)

           16.7%
      --------------------------------------------------------------------------

      14   Type of Reporting Person (See Instructions)

           IN
      --------------------------------------------------------------------------





      Item 1.  Security and Issuer

      The class of equity to which this statement relates is the common stock
      $0.001 par value (the "Common Stock") of Global Healthcare REIT, Inc.
      (the "Company"), which has its principal executive offices at:


                             3050 Peachtree Road, NW Suite 355
                             Atlanta, GA  30305


      Item 2.  Identity and Background

      Doucet Capital LLC, Doucet Asset Management LLC, Christopher L. Doucet,
      and Suzette A. Doucet are the persons filing this statement.  Doucet
      Capital is a holding company which owns Doucet Asset Management LLC, a
      SEC registered investment adviser firm that exercises discretionary
      authority over client investments.  Both firms are limited liability
      companies organized under the laws of the state of Delaware.  Christopher
      L. Doucet is the managing member of Doucet Capital LLC and Chief Execu-
      tive Officer of Doucet Asset Management.  Suzette A. Doucet is a member
      of Doucet Capital and the Chief Financial Officer of Doucet Asset Manage-
      ment.  As such, Mr. and Mrs. Doucet control the activities of Doucet
      Capital and Doucet Asset Management.  Both Mr. and Mrs. Doucet are US
      citizens.  The business address of each of the Reporting Persons is
      2204 Lakeshore Drive, Suite 304, Birmingham, Alabama 35209.

      During the last five years, neither of the Reporting Persons has been (a)
      convicted in a criminal proceeding (excluding traffic violations or
      similar misdemeanors) or (b) a party to a civil proceeding of a judicial
      or administrative body of competent jurisdiction and as a result of such
      proceeding was or is subject to a judgment, decree or final order
      enjoining future violations of, or prohibiting or mandating activities
      subject to, federal or state securities laws or finding any violation
      with respect to such laws.

      Item 3.  Source and Amount of Funds or Other Consideration

      As of February 3, 2015 Doucet Asset Management has acquired 3,285,943
      shares of the Common Stock of the Company on the open market for
      total consideration of $4,050,321.

      The above amount of total consideration includes any commissions incurred
      in the making of the investments.  The source of these funds was the
      investment capital of the discretionary clients of Doucet Asset Manage-
      ment, which include Christopher and Suzette Doucet.

      Item 4.  Purpose of Transaction

      All of the shares of Common Stock reported herein were acquired for
      investment purposes, and were originally acquired without the purpose or
      effect of changing or influencing control of the Company.  The Reporting
      Persons review on a continuing basis the investment in the Company. Based
      on such review and depending on the price and availability of the
      Company's securities, the Reporting Persons may acquire, or cause to be
      acquired, additional securities of the Company, in the open market or
      otherwise, dispose of, or cause to be disposed of, securities of the
      Company, in the open market or otherwise, at any time, or formulate other
      purposes, plans or proposals regarding the Company or any of its
      securities, to the extent deemed advisable in light of general investment
      and policies of the Reporting Persons, the Company s business, financial
      condition and operating results, general market and industry conditions
      or other factors.


      Doucet Asset Management and would like to see management maximize
      stockholder value, and has sent the following letter to the
      Company's Board of Directors:

February 4, 2015

Global Healthcare REIT, Inc.
3050 Peachtreee Road NW
Suite 355
Atlanta, GA 30305

Dear Global Board:

My name is Chris Doucet and I am CEO and Managing Partner of Doucet
Asset Management. Doucet Asset Management has control of approximately
3,285,943 shares of Global Healthcare REIT (OTC: GBCS) through its holdings
of the common stock in our managed accounts and personal accounts as well
as through our holdings of convertible bonds in which the firm has discretion.
It is our belief that we are the largest investors in GBCS by a multiple
of 2.5 to 1 over the second largest investor.

We would like to commend the Board on its recent decision to add Andy Sink
to the Board of Directors. It is our understanding the Board is already
benefitting from his industry knowledge, work ethic and strategic vision.
We think he is a welcome addition to an already well-rounded and talented
Board.

While we are encouraged with the progress we have witnessed at the Company
recently, we still see self induced headwinds which continue to weigh
heavily on the stock price and which the Company has been slow to address.
Some of these issues include weak financial controls, adequate
communication with the Street and an inability to attractive cost
-effective capital for accretive growth. As a result, we believe a
simple solution to improve financial reporting, better attract the
eyes and ears of Wall Street, and help reduce the cost of capital would
be to merge with AdCare Health Systems Inc. (NYSE ADK) at a slight
premium to the most recent closing price.

There would be several benefits to this combination. Merging ADK and GBCS
at current prices would significantly benefit both companies.

Currently, both ADK and GBCS:

- share the same office space
- are in the same exact business
- compete with one another in the same market for the same properties
- are in similar geographies with similar clientele
- have portfolios which were both assembled by the same person
- have some of the same operators
- were done with similar economics
- have an identical investment thesis
- share many of the same investors
- trade roughly at the same discount to their implied intrinsic values
- are too small on their own to trade at large premiums to their intrinsic
	values
- have duplicate boards and management teams
- pay duplicate public costs

The combined Company would:

- instantly increase the size of the portfolio to 50 properties
- save on duplicate board and management expenses
- save on duplicate public costs
- enjoy more attractive cost of capital
- be able to pay out a higher dividend stream as a combined company versus
	on a standalone basis
- appear on more radar screens of Wall Street and potential acquirers
	 because of the increased size of the Company
- be able to maintain the use of ADKs $23 million tax loss carry-forward

In short, having GBCS and ADK continue to exist as two separate companies
simply does not make sense and never did. Combining the two companies would
create a plethora of benefits to both shareholder bases and would be a
significant win for both companies.

Once again, we commend the Board on their decision to add Mr. Sink to
their ranks and the work you have done to get the Company to this level.

We appreciate the consideration of my proposal as we believe it makes
perfect sense for both Companies to work together and not compete with each
other and duplicate costs.


Regards,

Chris L. Doucet
CEO and Managing Partner
Doucet Asset Management



      Doucet reserves the right from time to time to formulate plans and
      proposals regarding the Company or any of its securities, and to
      carry out any of the actions or transactions to protect the interests
      of its clients.  Doucet may in the future acquire additional Common
      Stock or other securities of the Company in the open market, in
      privately negotiated purchases or otherwise and may also, depending
      on the current circumstances, dispose of all or a portion of the
      Common Stock beneficially owned by them in one or more transactions.


      Item 5.  Interest in Securities of the Issuer

      (a)  As of the close of business on February 4, 2015 Doucet Capital,
      Doucet Asset Management, Christopher L. Doucet, and Suzette A. Doucet
      were the beneficial owners of 3,285,943 shares of Common Stock, which
      constitute in the aggregate 16.7% of the outstanding shares of Common
      Stock of the Company based on 19,720,478 shares of Common Stock
      Outstanding pursuant to the Form 10-Q for the quarterly period ending
      June 30, 2014 filed by the Company.

      (b)  Doucet Capital, Doucet Asset Management, Christopher L. Doucet, and
      Suzette A. Doucet have shared power to vote, direct the vote of, dispose
      of and direct the disposition of the Common Stock beneficially owned as
      described in Item 5(a) above.  Such power is shared among the Reporting
      Persons.

      (c)  Transactions in the Common Stock by the Reporting Persons affected
      in the last 60 days are as set forth in the table below.  All such trades
      were made in open market transactions.

           Not Applicable



      (d)  The Reporting Persons have the right to receive or the power to
      direct the receipt of dividends from, or the proceeds from the sale of,
      the Common Stock beneficially owned by them.

      (e)  Not applicable.


      Item 6.  Contracts, Arrangements, Understandings or Relationships with
               Respect to Securities of the Issuer

      None.

      Item 7.  Material to be Filed as Exhibits

      Exhibit 1. Joint Filing Agreement





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: February 4, 2015

                                       DOUCET CAPITAL, LLC



                                       /S/ Christopher L. Doucet
                                       ---------------------------
                                       Name:  Christopher L. Doucet
                                       Title: Managing Member


                                       DOUCET ASSET MANAGEMENT, LLC
                                       By: Doucet Capital, LLC,
                                           its managing member



                                       /S/ Christopher L. Doucet
                                       ---------------------------
                                       Name:  Christopher L. Doucet
                                       Title: Managing Member



                                       CHRISTOPHER L. DOUCET



                                       /S/ Christopher L. Doucet
                                       --------------------------
                                       Christopher L. Doucet, individually



                                       SUZETTE A. DOUCET



                                       /S/ Suzette A. Doucet
                                       -----------------------
                                       Suzette A. Doucet, individually





                                    EXHIBIT 1

                           JOINT ACQUISITION STATEMENT

                            PURSUANT TO RULE 13d-1(k)

          The undersigned acknowledge and agree that the foregoing statement on
Schedule 13G, is filed on behalf of each of the undersigned and that all
subsequent amendments to this statement on Schedule 13D, shall be filed on
behalf of each of the undersigned without the necessity of filing additional
joint acquisition statements. The undersigned acknowledge that each shall be
responsible for the timely filing of such amendments, and for the completeness
and accuracy of the information concerning him or it contained therein, but
shall not be responsible for the completeness and accuracy of the information
concerning the others, except to the extent that he or it knows or has reason to
believe that such information is inaccurate.



Date: Feburary 4, 2015

                                       DOUCET CAPITAL, LLC



                                       /S/ Christopher L. Doucet
                                       ---------------------------
                                       Name:  Christopher L. Doucet
                                       Title: Managing Member


                                       DOUCET ASSET MANAGEMENT, LLC
                                       By: Doucet Capital, LLC,
                                           its managing member



                                       /S/ Christopher L. Doucet
                                       ---------------------------
                                       Name:  Christopher L. Doucet
                                       Title: Managing Member



                                       CHRISTOPHER L. DOUCET



                                       /S/ Christopher L. Doucet
                                       -------------------------
                                       Christopher L. Doucet



                                       SUZETTE A. DOUCET



                                       /S/ Suzette A. Doucet
                                       ---------------------
                                       Suzette A. Doucet