13D Filing: James E. Flynn and Adeptus Health Inc. (ADPT)

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(5) Flynn

Number of shares: 798,297

Percentage of shares: 4.87%

(b)

(1) Deerfield Management

Sole power to vote or direct the
vote: 0

Shared power to vote or direct
the vote: 798,297

Sole power to dispose or to direct
the disposition: 0

Shared power to dispose or direct
the disposition: 798,297

(2) Deerfield Mgmt

Sole power to vote or direct the
vote: 0

Shared power to vote or direct
the vote: 798,297

Sole power to dispose or to direct
the disposition: 0

Shared power to dispose or direct
the disposition: 798,297

(3) Deerfield Partners

Sole power to vote or direct the
vote: 0

Shared power to vote or direct
the vote: 351,252

Sole power to dispose or to direct
the disposition: 0

Shared power to dispose or direct
the disposition: 351,252

(4) DIMF

Sole power to vote or direct the
vote: 0

Shared power to vote or direct
the vote: 447,045

Sole power to dispose or to direct
the disposition: 0

Shared power to dispose or direct
the disposition: 447,045

(5) Flynn

Sole power to vote or direct the
vote: 0

Shared power to vote or direct
the vote: 798,297

Sole power to dispose or to direct
the disposition: 0

Shared power to dispose or direct
the disposition: 798,297

Flynn is the managing member of the general partner of each
of Deerfield Mgmt and Deerfield Management.  Deerfield Mgmt is the general partner, and Deerfield Management is the investment
adviser, of each Fund. Each of the Funds directly owns the shares shown as beneficially owned by such Fund.

(c) Except as disclosed in Item 4, no Reporting Person has effected
any transactions in the Common Stock during the past 60 days.

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