The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ANGIODYNAMICS INC COM 03475V101 2,952 243,183 SH   SOLE   243,183 0 0
ARENA PHARMACEUTICALS INC COM 04004710 19,950 10,500,000 SH   SOLE   10,500,000 0 0
ARIAD PHARMACEUTICALS INC COM COM 04033A100 33,783 5,405,235 SH   SOLE   5,405,235 0 0
ASTRAZENECA PLC SPONSORED ADR 046353108 67,900 2,000,000 SH   SOLE   2,000,000 0 0
BIOLASE INC WARRANTS 909911108 15 1,841,173 SH Call SOLE   1,841,173 0 0
BIOLASE INC COM 090911108 4,485 5,332,394 SH   SOLE   5,332,394 0 0
BIOSCRIP INC COM 09069N108 10,500 6,000,000 SH   SOLE   6,000,000 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 34,395 500,000 SH Put SOLE   500,000 0 0
BROOKDALE SR LIVING INC COM 112463104 41,535 2,250,000 SH   SOLE   2,250,000 0 0
CARDICA INC COM 14141R101 1,298 8,374,846 SH   SOLE   8,374,846 0 0
CARDIOVASCULAR SYS INC DEL COM 20390010 38,934 2,575,000 SH   SOLE   2,575,000 0 0
CATABASIS PHARMACEUTICALS IN COM 14875P107 7,930 1,000,000 SH   SOLE   1,000,000 0 0
TARGACEPTS INC NOTE 87611RAA6 1,685 1,684,799 PRN   SOLE   1,684,799 0 0
DURECT CORP COM 266605104 13,260 6,000,000 SH   SOLE   6,000,000 0 0
EPIRUS BIOPHARMACEUTICALS INC COM 29428P107 5,709 1,847,500 SH   SOLE   1,847,500 0 0
GENMARK DIAGNOSTICS INC COM 372309104 5,037 649,097 SH   SOLE   649,097 0 0
GENOMIC HEALTH INC COM 37244C101 86,525 2,458,100 SH   SOLE   2,458,100 0 0
HCA HOLDINGS INC COM 40412C101 67,630 1,000,000 SH   SOLE   1,000,000 0 0
INNOCOLL AG COM 47580Q103 9,222 1,111,111 SH   SOLE   1,111,111 0 0
INVITAE CORP COM 46185L103 16,625 2,024,943 SH   SOLE   2,024,943 0 0
LABORATORY CORP AMER HLDGS COM 50540R409 37,092 300,000 SH   SOLE   300,000 0 0
LDR HLDG CORP COM 50185U105 13,394 533,400 SH   SOLE   533,400 0 0
LIVANOVA PLC SHS G5509L101 71,244 1,200,000 SH   SOLE   1,200,000 0 0
MASIMO CORP COM 574795100 41,510 1,000,000 SH   SOLE   1,000,000 0 0
MEAD JOHNSON NUTRITION CO COM 582839106 39,475 500,000 SH   SOLE   500,000 0 0
MEDICINES CO COM 584688105 82,148 2,200,000 SH   SOLE   2,200,000 0 0
MYLAN N V SHS EURO N59465109 67,588 1,250,000 SH   SOLE   1,250,000 0 0
NEKTAR THERAPEUTICS COM 640268108 58,975 3,500,000 SH   SOLE   3,500,000 0 0
NUVASIVE INC COM 670704105 59,521 1,100,000 SH   SOLE   1,100,000 0 0
ORASURE TECHNOLOGIES INC COM 68554V108 12,880 2,000,000 SH   SOLE   2,000,000 0 0
ORTHOFIX INTL N V COM N6748L102 58,815 1,500,000 SH   SOLE   1,500,000 0 0
PROTALIX BIOTHERAPEUTICS INC. NOTE 4.500% 9/1 74365AAB7 6,075 9,000,000 PRN   SOLE   9,000,000 0 0
PROTALIX BIOTHERAPEUTICS INC. COM 74365A101 13,541 13,275,000 SH   SOLE   13,275,000 0 0
PTC THERAPEUTICS INC COM 69366J200 16,200 500,000 SH   SOLE   500,000 0 0
QUEST DIAGNOSTICS INC COM 74834L100 42,684 600,000 SH   SOLE   600,000 0 0
REGENERON PHARMACEUTICALS INC COM 9EDKRE426 54,287 100,000 SH Put SOLE   100,000 0 0
SELECT MED HLDGS CORP COM 81619Q105 53,595 4,500,000 SH   SOLE   4,500,000 0 0
SELECT SECTOR SPDR TR SBI HEALTHCHARE 81369Y209 1,203 16,700 SH Put SOLE   16,700 0 0
SEQUENOM INC COM NEW 817337405 28,290 17,250,000 SH   SOLE   17,250,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 101,935 500,000 SH Put SOLE   500,000 0 0
SYNERON MEDICAL LTD ORD SHS M87245102 11,609 1,505,700 SH   SOLE   1,505,700 0 0
TENET HEALTHCARE CORP COM NEW 88033G100 45,450 1,500,000 SH   SOLE   1,500,000 0 0
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 118,152 1,800,000 SH   SOLE   1,800,000 0 0
UNILIFE CORP NEW COM 90478E103 1,362 2,750,000 SH   SOLE   2,750,000 0 0
UNIVERSAL AMERN CORP NEW COM 91338E101 41,125 5,875,000 SH   SOLE   5,875,000 0 0