HEALTHCARE REPORT Q Explore M&A Activity, Capital Market Conditions and Current Trends for the Healthcare Industry SDRVENTURES.

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1 HEALTHCARE REPORT Q Explore M&A Activity, Capital Market Conditions and Current Trends for the Healthcare Industry Investment Banking & Securities Offered Through SDR Capital Markets, Inc., Member FINRA & SIPC.

2 Q2 INDUSTRY UPDATE Every business school student learns about Porter s Five Forces: threat of new entry, supplier power, buyer power, threat of substitution and competitive rivalry among existing firms. Participants in today s Healthcare industry are affected by rapidly shifting landscapes in at least one, and sometimes all five, forces. Players who are differentiating themselves in what are sometimes called the 4 Ps, as defined in the graphic on the next page, are becoming attractive candidates for growth investment and M&A due to the rapidity of this evolution. A great example of this evolving landscape is in the Specialty Providers segment (i.e., niche providers of specialized care facilities or services). MEDNAX has grown rapidly (nearly doubling since 2011) due to an intense M&A focus on neonatology, teleradiology and anesthesiology, among other specialties. By standardizing best practices and standards of care in neonatology and anesthesiology, MEDNAX has been able to improve outcomes, organizational communication and reduce overhead. Its large corporate infrastructure enables it to improve revenue cycle management in its acquisition targets, making it attractive for its physician partners to sell to them, but also to retain ownership in specific facilities. In teleradiology, each incremental physician adds efficiency to its system. With more physicians in its system, studies can get from the radiology center to the right licensed and credentialed radiologist faster, and diagnoses can be made faster, improving outcomes and profitability for each center. These drivers not only make specialty providers in fragmented industries like neonatology, teleradiology and anesthesiology better takeover/growth investment candidates, they also make MEDNAX a better partner for larger hospital systems and care networks. The seven acquisitions that MEDNAX has completed in 2016 (at the time of this report) all point to this thesis. AmSurg Corp., a provider of ambulatory services (gastroenterology procedures, ophthalmology procedures and orthopedic) and physician services (anesthesiology, radiology and neotalogy) has grown at a similar rate and has been aggressive through M&A in a similar fashion. KEY M&A TRANSACTIONS CONTENTS Transaction Activity Active Buyers Public Basket M&A Market Activity About SDR Ventures ABOUT SDR Established in 2002, SDR Ventures has developed deep M&A and capital transaction knowledge and expertise. SDR offers transaction advisory, private capital formation and business consulting services across a wide range of industries. We serve business owners and operators of privately held companies and provide them with a professional-class experience. HEALTHCARE CONTACTS Chris Bouck Principal Healthcare Team cbouck@sdrventures.com Ben Rudman Director Healthcare Team brudman@sdrventures.com Not all specialty care businesses want to sell to larger organizations, however, and those spaces remain fragmented, meaning that many small practices must deal with practice management on their own. Accordingly, this has created demand for management services, such as revenue cycle management ( RCM ), patient engagement and other services like eligibility and enrollment. Even players outside of healthcare recognize the potential of technology and niche services in this segment, as evidenced by TransUnion s acquisition of Auditz in June TransUnion already had a reasonably large RCM business, but Auditz has a proprietary technology that helps providers find insurance benefit information to boost care reimbursement, and identify and recover payments. Along the lines of non-core healthcare businesses acquiring healthcare The information contained herein is based on sources we believe reliable but is not guaranteed by us and is not to be considered all-inclusive. It is not to be construed as an offer or consultation of an offer to sell or buy any securities. 2

3 businesses, Huron Consulting acquired MyRounding solutions in February MyRounding is a tool for hospitals to manage rounding and patient surveys, designed to improve physician engagement, patient satisfaction, outcomes and staff productivity. Though this was in Q1 of 2016, it is worth highlighting that non-healthcare and healthcare businesses alike recognize the growth potential of businesses that align with the 4 P s. KEY TRENDS The emergence of innovative healthcare technologies designed to improve treatment access, enhance data storage and monitor cybersecurity threats has continued to be a major trend within the industry. As the telehealth movement gains momentum, care access is shifting to mobile platforms, fulfilling the public s desire for value-based treatment and helping reduce industry costs. According to a health industry issues report by PwC, over 32% of consumers claimed to have at least one health-related app on their mobile device, as compared to only 16% just two years prior. By improving mobile connectivity and expanding data analysis capacity, many industry players are engineering marginal costs out of the system and making primary care more accessible and fluid. However, with the estimated value of Internet-connected healthcare products exceeding $280 billion by 2020, vulnerability to hackers has prompted increasing cybersecurity regulation. Medical product manufacturers will therefore need to proactively invest in securing and protecting customer data. As costs to U.S. businesses associated with mental illness now exceed $440 billion, compared to $200 billion in 2013, many industry stakeholders are recognizing the importance of behavioral healthcare, propelling that sector in Additionally, advances in telehealth technology have allowed mental healthcare providers to conduct virtual appointments, streamlining access to behavioral healthcare. The information contained herein is based on sources we believe reliable but is not guaranteed by us and is not to be considered all-inclusive. It is not to be construed as an offer or consultation of an offer to sell or buy any securities. 3

4 TRANSACTIONS BY SEGMENT TRANSACTIONS BY TYPE Financial 60% Strategic 40% TRANSACTIONS BY LOCATION 20 or more transactions transactions 1-10 transactions 0 transactions TRANSACTION ACTIVITY 6/28/2016 IntelliCyt Corporation Sartorius AG Pharma Services x 6/27/2016 Heartware International Inc. Medtronic, Inc. Medical Devices & Products 1, x 6/13/2016 Home Solutions Inc. HomeChoice Partners, Inc. Specialty Providers x 6/7/2016 LDR Holding Corporation Zimmer Biomet Holdings, Inc. Medical Devices & Products 1, x 6/7/2016 Acro Pharma Services and Community Pharma NS3 Health, LLC Pharma Services x 6/6/2016 BNN Holdings Corp. NuVasive, Inc. Medical Devices & Products x 5/24/2016 Euromed Inc. Scapa Group plc Medical Devices & Products x 2.33x 5/18/2016 LogicMark LLC Nxt-ID, Inc. Long Term & Behavioral x 5/3/2016 IMS Health Holdings, Inc. Quintiles Transnational Holdings Inc. Practice Management 13, x 4.30x 5/3/2016 IZI Medical Products, Inc. Shore Capital Partners, LLC Medical Devices & Products x 5/2/2016 Symmetry Surgical Inc. RoundTable Healthcare Management, LLC Medical Devices & Products x 1.69x 4/28/2016 St. Jude Medical Inc. Abbott Laboratories Medical Devices & Products 30, x 5.29x 4/27/2016 ExamWorks Group, Inc. Leonard Green & Partners, L.P. Practice Management 2, x 2.36x 4/20/2016 Hansen Medical, Inc. Auris Surgical Robotics, Inc. Medical Devices & Products x ACCESS FULL LIST 4

5 ACTIVE BUYERS MOST ACTIVE STRATEGIC BUYERS Strategic Buyer Inv. Date Select Corporate Acquisitions Advanced Dermatology & Cosmetic Surgery Inc. 5/31/2016 Andrea Cambio, M.D., P.L. 5/4/2016 Dermatology Associates, P.C. 4/29/2016 Skin Pathology Associates, Inc. 3/21/2016 Fair Oaks Skin Care Center, Ltd. 3/7/2016 Kalamazoo Dermatology & Skin Cancer Center, Ltd. CRH Medical Corporation (TSX:CRH) 6/30/2016 Arapahoe Gastroenterology Anesthesia Associates, LLC 6/16/2016 Community Anesthesia PLLC 6/2/2016 Austin Gastroenterology Anesthesia Associates, LLC 12/31/2015 Johns Creek Anesthesia, LLC 12/11/2015 Macon Gastroenterology Anesthesia Associates, LLC Marquee Dental Partners, LLC 5/24/2016 Save-On Dental Care, Five Practices In Alabama 5/11/2016 Signature Studios 1/12/2016 Winfree and Denton Cosmetic and General Dentistry 12/8/2015 Bohle Family Dentistry, PSC 8/28/2015 Embassy Dental Professionals, P.C. DaVita HealthCare Partners Inc. (NYSE:DVA) 6/8/2016 Inspira Dialysis Centers Located in Vineland, Millville and Bridgeton 4/8/2016 Mountain View Medical Group, P.C. 9/21/2015 The Everett Clinic, Inc. 8/24/2015 Renal Ventures Management, LLC 1/23/2015 DaVita Care (India) Pvt. Ltd. Medtronic plc (NYSE:MDT) 5/31/2016 Responsive Orthopedics LLC 2/1/2016 Bellco S.r.l. 11/18/2015 Aircraft Medical Limited 11/10/2015 Cardiored S.A. 9/28/2015 Lazarus Effect, Inc. SELECT SPONSORS WITH ACTIVE PORTFOLIO HOLDINGS Financial Buyer Inv. Date Select Holdings Cortec Group 1/4/2016 CVR Management LLC 11/16/2015 Community Veterinary Partners, LLC 11/12/2013 Canadian Hospital Specialties Ltd. 12/23/2011 Cranial Technologies Webster Capital 5/3/2016 Healthcare Associates of Texas LLC 9/3/2015 Clinical Pharmacy Services, Inc. 6/30/2015 Addiction Research and Treatment, Inc. 3/31/2015 PharmaLogic Holdings Corp. 4/29/2013 Best Friends Pet Care, Inc. 8/8/2011 Discovery Practice Management, Inc Shore Capital Partners, LLC 5/3/2016 IZI Medical Products, Inc. 11/2/2015 Specialdocs Consultants, Inc. 4/7/2015 Chicagoland Smile Group 2/20/2015 Summit Medical, Inc. 5/31/2014 Cumberland Therapy Services, Inc. Harvest Partners, LP 5/18/2016 Advanced Dermatology & Cosmetic Surgery Inc. 6/6/2015 Dental Care Alliance, LLC 4/20/2015 VetCor, Inc. 5/20/2014 AthletiCo Ltd. 4/15/2013 AxelaCare Health Solutions, LLC MTS Health Investors, LLC 4/19/2016 Avadyne Health, Inc. 1/8/2016 Unknown Stake in HCCA Health Connections, Inc. and HCCA International, Inc. 10/29/2014 Celerion Inc. 12/17/2012 Vital Decisions, LLC 3/7/2012 WPI Holdings Inc. 5

6 PUBLIC BASKET HEALTHCARE SEGMENTS VS. S&P 500 Running 12 Months 40% 30% 20% 10% 0% -10% -20% -30% 6/30/2015 8/31/ /31/ /31/2015 2/29/2016 4/30/2016 6/30/2016 Dental Products Dental Providers Medical Devices & Products Medical Product Distribution Specialty Providers Pharma Services Practice Management Provider Services Long Term & Behavioral Care S&P 500 DENTAL PRODUCTS Company Name Symbol State Market Cap Price Stock Price Quarter YTD LMT EPS Book Zimmer Biomet Holdings, Inc. NYSE:ZBH IN $24,037 $ % 17% 27.4x 2.5x 5.0x 13.0x DENTSPLY SIRONA Inc. NasdaqGS:XRAY PA $14,532 $62 0.7% 2% 37.7x 1.7x 5.5x 26.4x Henry Schein, Inc. NasdaqGS:HSIC NY $14,509 $ % 12% 33.4x 5.0x 1.5x 16.8x Align Technology Inc. NasdaqGS:ALGN CA $6,459 $ % 22% 54.8x 7.2x 6.7x 27.9x Patterson Companies, Inc. NasdaqGS:PDCO MN $4,626 $48 2.9% 6% 23.8x 3.2x 1.0x 12.5x Cantel Medical Corp. NYSE:CMN NJ $2,866 $69-3.7% 11% 46.9x 6.4x 4.7x 23.8x BIOLASE, Inc. NasdaqCM:BIOL CA $68 $1-10.7% 39% NM 3.2x 1.3x NM Milestone Scientific Inc. AMEX:MLSS NJ $61 $3 80.6% 19% NM 6.1x 5.5x NM Pro-Dex Inc. NasdaqCM:PDEX CA $23 $6 45.5% 130% 61.2x 2.5x 1.1x 16.6x Segment Average $7, % 28.7% 40.7x 4.2x 3.6x 19.6x DENTAL PROVIDERS Company Name Symbol State Market Cap Price Stock Price Quarter YTD9Cha nge LMT EPS Book Birner Dental Management OTCPK:BDMS CO $27 $ % 29% NM 17.0x 0.6x 11.2x Services Segment Average $27 $ % 29% NM 17.0x 0.6x 11.2x 6

7 PUBLIC BASKET (CONTINUED) MEDICAL DEVICES & PRODUCTS Company Name Symbol State MEDICAL PRODUCT DISTRIBUTION Company Name Symbol State SPECIALTY PROVIDERS Market Cap Market Cap Price Price Stock Price Quarter Stock Price Quarter YTD YTD LMT EPS LMT EPS Book Danaher Corp. NYSE:DHR DC $69,558 $ % 9% 31.6x 2.8x 3.8x 16.6x Stryker Corporation NYSE:SYK MI $44,814 $ % 29% 33.5x 5.1x 4.5x 16.5x McKesson Corporation NYSE:MCK CA $42,126 $ % -5% 20.5x 4.7x 0.3x 10.3x Cardinal Health, Inc. NYSE:CAH OH $25,417 $78-4.8% -13% 18.0x 3.8x 0.2x 9.3x AmerisourceBergen Corporation NYSE:ABC PA $17,121 $79-8.4% -24% 18.1x 8.1x 0.1x 10.9x Henry Schein, Inc. NasdaqGS:HSIC NY $14,509 $ % 12% 33.4x 5.0x 1.5x 16.8x Patterson Companies, Inc. NasdaqGS:PDCO MN $4,626 $48 2.9% 6% 23.8x 3.2x 1.0x 12.5x Owens & Minor Inc. NYSE:OMI VA $2,347 $37-7.5% 4% 18.1x 2.3x 0.3x 10.2x PharMerica Corporation NYSE:PMC KY $758 $ % -30% 17.5x 1.5x 0.5x 8.5x Aceto Corp. NASDAQGS:ACET NY $648 $22-7.1% -19% 16.6x 2.2x 1.2x 9.1x Segment Average $22, % -3.1% 23.1x 3.9x 1.3x 12.1x Book Medtronic plc NYSE:MDT N/A $121,021 $ % 13% 37.5x 2.3x 4.8x 16.0x Abbott Laboratories NYSE:ABT IL $57,752 $39-6.0% -12% 38.2x 2.8x 3.1x 14.2x Stryker Corporation NYSE:SYK MI $44,814 $ % 29% 33.5x 5.1x 4.5x 16.5x Becton, Dickinson and Company NYSE:BDX NJ $35,987 $ % 10% 35.2x 4.7x 3.8x 14.7x Boston Scientific Corporation NYSE:BSX MA $31,710 $ % 27% 59.3x 4.9x 4.9x 19.1x Baxter International Inc. NYSE:BAX IL $24,973 $ % 19% 53.1x 2.8x 2.5x 15.7x Intuitive Surgical, Inc. NasdaqGS:ISRG CA $25,174 $ % 21% 49.4x 5.3x 9.6x 26.4x Zimmer Biomet Holdings, Inc. NYSE:ZBH IN $24,037 $ % 17% 27.4x 2.5x 5.0x 13.0x St. Jude Medical Inc. NYSE:STJ MN $22,174 $ % 26% 31.8x 5.4x 4.9x 17.4x Edwards Lifesciences Corp. NYSE:EW CA $21,119 $ % 26% 53.0x 9.2x 8.0x 27.8x CR Bard Inc. NYSE:BCR NJ $17,242 $ % 24% 34.7x 11.8x 5.3x 17.4x ABIOMED, Inc. NasdaqGS:ABMD MA $4,699 $ % 21% 117.4x 12.6x 13.6x 64.6x Integra LifeSciences Holdings NasdaqGS:IART NJ $2,969 $ % 18% 40.4x 3.8x 3.9x 17.7x Corporation Wright Medical Group N.V. NasdaqGS:WMGI N/A $1,764 $17 4.6% -28% NM 1.7x 4.3x NM Johnson & Johnson NYSE:JNJ NJ $333,653 $ % 18% 29.4x 4.6x 4.5x 14.3x Segment Average $51, % 15.2% 45.7x 5.3x 5.5x 21.1x Company Name Symbol State Market Cap Price Stock Price Quarter YTD LMT EPS Book Fresenius Medical Care AG & Co NYSE:FMS N/A $23,791 $44-1.2% 4% 0.0x 0.0x 2.1x 12.1x DaVita HealthCare Partners Inc. NYSE:DVA CO $15,967 $77 5.4% 11% 21.7x 3.4x 1.8x 9.8x MEDNAX, Inc. NYSE:MD FL $6,665 $ % 1% 20.1x 2.7x 2.8x 12.6x AmSurg Corp. NasdaqGS:AMSG TN $4,194 $78 3.9% 2% 47.2x 1.9x 2.7x 10.0x HEALTHSOUTH Corp. NYSE:HLS AL $3,494 $39 3.2% 12% 18.6x 5.4x 2.1x 9.0x Surgical Care Affiliates, Inc. NasdaqGS:SCAI IL $1,907 $48 3.0% 20% NM 4.9x 3.0x 10.4x American Renal Associates NYSE:ARA MA $893 $29 3.5% NM NM NM 2.5x 8.8x Holdings, Adeptus Health Inc. NYSE:ADPT TX $841 $52-7.0% -5% NM 7.7x 2.6x 16.9x LHC Group, Inc. NasdaqGS:LHCG LA $784 $ % -4% 23.1x 2.1x 1.1x 10.8x AAC Holdings, Inc. NYSE:AAC TN $541 $ % 20% 43.9x 3.6x 3.1x 24.2x Segment Average $5, % 6.6% 25.0x 3.5x 2.4x 12.5x 7

8 PUBLIC BASKET (CONTINUED) PHARMA SERVICES Company Name Symbol State PRACTICE MANAGEMENT PROVIDER SERVICES LONG TERM & BEHAVIORAL CARE Market Cap Price Stock Price Quarter YTD LMT EPS Book CVS Health Corporation NYSE:CVS RI $102,827 $96-7.7% -2% 19.2x 2.9x 0.8x 10.6x Express Scripts Holding Company NASDAQGS:ESRX MO $47,966 $ % -13% 18.8x 3.2x 0.6x 9.2x Perrigo Company plc NYSE:PRGO N/A $12,986 $ % -37% 51.9x 1.3x 3.2x 14.1x Allscripts Healthcare Solutions, Inc. NasdaqGS:MDRX IL $2,376 $13-3.9% -17% 271.6x 1.7x 2.1x 24.0x Magellan Health, Inc. NasdaqGS:MGLN AZ $1,619 $66-3.2% 7% 18.2x 1.5x 0.4x 8.4x Segment Average $33,555 $68-6.7% -12.7% 75.9x 2.1x 1.4x 13.3x Company Name Symbol State Market Cap Price Stock Price Quarter YTD LMT EPS Book WellCare Health Plans, Inc. NYSE:WCG FL $4,747 $ % 37% 19.0x 2.7x 0.2x 7.0x HealthEquity, Inc. NasdaqGS:HQY UT $1,765 $ % 21% 91.9x 7.9x 11.6x 39.6x Team Health Holdings, Inc. NYSE:TMH TN $3,008 $41-2.7% -7% 25.3x 4.5x 1.4x 14.5x Segment Average $3,173 $ % 17.0% 45.4x 5.0x 4.4x 20.4x Company Name Symbol State Market Cap Price Stock Price Quarter YTD LMT EPS Book Cerner Corporation NasdaqGS:CERN MO $19,812 $ % -3% 36.2x 5.1x 4.4x 15.9x Healthcare Services Group Inc. NasdaqGS:HCSG PA $2,994 $ % 19% 51.1x 9.6x 2.0x 28.5x HMS Holdings Corp. NasdaqGS:HMSY TX $1,482 $ % 43% 59.1x 2.8x 3.2x 17.0x The Advisory Board Company NasdaqGS:ABCO DC $1,451 $35 9.7% -29% 53.7x 3.3x 2.5x 17.6x Omnicell, Inc. NasdaqGS:OMCL CA $1,229 $ % 10% 62.3x 3.0x 2.6x 21.7x Evolent Health, Inc. NYSE:EVH VA $1,154 $ % 59% 52.9x 2.1x 8.6x NM Providence Service Corp. NasdaqGS:PRSC AZ $659 $ % -4% 45.3x 2.5x 0.6x 10.3x Segment Average $4,112 $ % 13.5% 51.5x 4.0x 3.4x 18.5x Company Name Symbol State Market Cap Price Stock Price Quarter YTD LMT EPS Book National HealthCare Corporation AMEX:NHC TN $989 $65 3.9% 5% 17.8x 1.5x 1.1x 8.5x The Ensign Group, Inc. NasdaqGS:ENSG CA $1,094 $21-7.2% -7% 20.1x 2.6x 0.8x 9.7x Civitas Solutions, Inc. NYSE:CIVI MA $773 $ % -28% 50.4x 5.7x 1.0x 10.8x Acadia Healthcare Company, Inc. NasdaqGS:ACHC TN $4,843 $55 0.5% -11% 27.9x 1.9x 4.1x 19.3x SunLink Health Systems Inc. AMEX:SSY GA $5 $0 2.0% -46% NM 0.2x 0.1x NM AAC Holdings, Inc. NYSE:AAC TN $541 $ % 20% 43.9x 3.6x 3.1x 24.2x Segment Average $5,908 $50 5.7% -11.2% 25.0x 3.5x 2.4x 12.5x 8

9 OVERALL U.S. LOWER MIDDLE MARKET M&A ACTIVITY CAPITAL STACK 100% 80% 60% 40% 20% 0% 48.0% 45.4% 48.5% 47.4% 41.9% 39.8% 53.3% 49.3% 48.0% 45.3% 44.9% 41.2% 51.4% 46.8% 55.2% 17.1% 13.1% 18.0% 16.5% 16.4% 17.3% 11.0% 14.7% 10.7% 19.6% 15.0% 13.1% 11.5% 12.0% 18.5% 34.3% 38.2% 36.6% 39.5% 35.6% 37.6% 40.1% 37.3% 36.5% 43.7% 44.1% 41.8% 37.9% 39.2% 36.3% M&A ACTIVITY Senior Debt Sub Debt Equity Source: GF Data* Deals Closed 2,800 2,600 2,400 2,200 2,000 1,800 1,600 1,400 1,200 1, Q Q Q Q Q2 Deals Closed Capital Invested $140,000 $120,000 $100,000 $80,000 $60,000 $40,000 $20,000 Capital Invested ($mm) $0 TRANSACTION MULTIPLES Multiples By Transaction Size 9.0x 6.0x 3.0x 9.0x 8.6x 7.5x 7.7x 7.4x 7.5x 7.8x 7.5x 6.8x 6.4x 6.7x 6.8x 6.6x 6.7x 6.2x 5.8x 5.9x 5.9x 5.3x 5.4x 7.7x 6.9x 6.5x 6.1x 0.0x YTD 2016 $10-25mm $25-50mm $50-100mm $ mm Source: GF Data* *The most current source of GF Data is as of March 31, 2016, and lags one quarter behind the current quarter. 9

10 COMPREHENSIVE HEALTHCARE EXPERTISE Healthcare may have stolen the national spotlight in recent years, but we have been involved in the Healthcare industry for well over a decade. Our experience and drive puts us at the leading edge of information in the market, giving you the advantage when the time comes to buy, sell or seek investments to grow your business. Our Healthcare investment banking expertise includes the following segments: Dental Products Medical Devices & Products Medical Product Distribution Specialty Providers Pharma Services Dental Providers Practice Management Provider Services CONTACT US Chris Bouck Principal Healthcare Team cbouck@sdrventures.com Ben Rudman Director Healthcare Team brudman@sdrventures.com SELECT TRANSACTION EXPERIENCE SDR has completed numerous transactions types throughout the Healthcare industry, including: BUY-SIDE STRATEGIC SALE RECAPITALIZATIONS SDR SERVICE OFFERINGS SELL-SIDE ADVISORY PRIVATE CAPITAL FORMATION BUY-SIDE ADVISORY STRATEGIC CONSULTING 10

11 Q TRANSACTION ACTIVITY 6/30/2016 CAS Medical Systems Inc. (NasdaqCM:CASM) Western Alliance Bank; Solar Capital Ltd. (NasdaqGS:SLRC); Solar Capital Partners, LLC Medical Devices & Products /30/2016 PositiveID Corporation (OTCPK:PSID.D) Union Capital, LLC Medical Devices & Products /30/2016 Barrier Free Access, Inc. State Fund Mutual Insurance Company Provider Services /30/2016 Professional Clinical Laboratory, Inc. Schryver Medical Sales And Marketing, LLC Provider Services /30/2016 Spirometrix, Inc. NGK Spark Plug Co., Ltd. (TSE:5334); Shanghai Medical Devices & Products Fosun Pharmaceutical (Group) Co., Ltd. (SHSE:600196); Iconical Ltd. 6/30/2016 ClinicalRM, Inc. ICON Public Limited Company (NasdaqGS:ICLR) Medical Devices & Products /30/2016 Performance Management Services, Inc. HealthStream, Inc. (NasdaqGS:HSTM) Practice Management /30/2016 HealthNEXT, LLC HealthRight, LLC Practice Management /30/2016 Pediatric Practice Located in the Shawnee Health Partnership Clinic, Inc. Provider Services Mission Medical Building at 9119 W. 74th St 6/30/2016 CORA Health Services, Inc. Gryphon Investors Specialty Providers /30/2016 Arapahoe Gastroenterology Anesthesia CRH Medical Corporation (TSX:CRH) Provider Services Associates, LLC 6/30/2016 Addiction & Mental Health Services, Inc. Centre Partners Management LLC Specialty Providers /30/2016 Senseonics Holdings, Inc. (AMEX:SENS) - Medical Devices & Products /30/2016 Lantos Technologies, Inc. - Medical Devices & Products /30/2016 Icagen, Inc. - Pharma Services /30/2016 Medicom Technologies, Inc. - Practice Management /30/2016 Visante, Inc. - Practice Management /29/2016 NeuroVision Imaging LLC Wildcat Capital Management Medical Devices & Products /29/2016 Capnia, Inc. (NasdaqCM:CAPN) Sabby Management, LLC Medical Devices & Products /29/2016 Great Basin Scientific, Inc. (NasdaqCM:GBSN) Hudson Bay Capital Management LP; Brio Capital L.P.; Empery Asset Management, LP; Sabby Management, LLC; CVI Investments, Inc. Provider Services /29/2016 H-Card, LLC Global Healthcare Exchange, LLC Practice Management /29/2016 ihealth Solutions LLC Fulcrum Equity Partners, Inc. Practice Management /29/2016 CogENT Therapeutics, LLC Entellus Medical, Inc. (NasdaqGM:ENTL) Medical Devices & Products /29/2016 Billian's HealthDATA Group Definitive Healthcare Solutions, Inc. Practice Management /29/2016 Keystone Mobile Partners, L.P. - Specialty Providers /29/2016 Accountable Healthcare Holdings Corp. - Practice Management /28/2016 IntelliCyt Corporation Sartorius AG (DB:SRT) Pharma Services x 6/28/2016 ChartLogic, Inc. Medsphere Systems Corporation Practice Management /28/ Approved and 5 FDA Filed Products Mayne Pharma Group Limited (OTCPK:MAYN.F) Medical Devices & Products /27/2016 CoreLink, LLC The Stephens Group, LLC Medical Devices & Products /27/2016 Patterns Behavioral Services, Inc. The SAILS Group, Inc. Long Term & Behavioral Care /27/2016 Heartware International Inc. (NasdaqGS:HTWR) Medtronic, Inc. Medical Devices & Products x 6/27/2016 Avita Drugs, LLC Long's Drugs Inc. Pharma Services /27/2016 Butterfly Health, Inc. Domtar Corporation (NYSE:UFS) Medical Devices & Products /27/2016 Blue Stream Laboratories, Inc. Charles River Laboratories International, Inc. Pharma Services (NYSE:CRL) 6/27/2016 Healthcare Receivable Professionals, Inc. Avectus Healthcare Solutions, LLC Practice Management /27/2016 Evergaze, Inc. - Medical Devices & Products /27/2016 Fresenius Medical Care Holdings, Inc. - Long Term & Behavioral Care /24/2016 Mitchell Planning Associates, Inc. Ross & Baruzzini, Inc. Medical Devices & Products /24/2016 Pfizer Inc., Portfolio Of Six Injectable Products Hikma Pharmaceuticals PLC (LSE:HIK) Medical Devices & Products /24/2016 Experea Healthcare, Inc. ABC Home Medical Supply Inc. Medical Product Distribution /24/2016 TeleHealth365 Inc. - Medical Devices & Products

12 6/23/2016 Cardia, Inc. - Medical Devices & Products /23/2016 Innovative Health LLC - Long Term & Behavioral Care /22/2016 CenterWatch, LLC WIRB - Copernicus Group, Inc. Pharma Services /22/2016 Atherotech, Inc. Ningbo Medicalsystem Biotechnology Co., Provider Services Ltd. (SZSE:300439) 6/22/2016 3Scan, Inc. Lux Capital Management; Data Collective; Pharma Services Dolby Family Ventures; OS Fund, LLC; Comet Labs; Breakout Ventures 6/22/2016 Livio Health Group, LLC BCBSM, Inc. Practice Management /22/2016 Reflexion Health, Inc. - Specialty Providers /22/2016 Notable Systems, Inc. - Practice Management /22/2016 Westside Surgery Center, Ltd. - Provider Services /22/2016 SnapMD, Inc. - Practice Management /21/2016 Frank DeMento, M.D. & Associates, P.C. Schweiger Dermatology Group LLC Specialty Providers /21/2016 Personalized Cancer Therapy, Inc. Pilot Growth Equity Partners Specialty Providers /21/2016 Lathrop Engineering, Inc. Paramit Corporation Medical Devices & Products /21/2016 HealthPrize Technologies LLC Mansa Capital Practice Management /21/2016 Portfolio of Generic Products Impax Laboratories Inc. (NasdaqGS:IPXL) Medical Devices & Products /21/2016 NextMed Management Services, LLC - Specialty Providers /21/2016 Exagen Diagnostics, Inc. - Medical Devices & Products /21/2016 Fresenius Medical Care Holdings, Inc. - Long Term & Behavioral Care /21/2016 Fresenius Medical Care Holdings, Inc. - Long Term & Behavioral Care /21/2016 Fresenius Medical Care Holdings, Inc. - Long Term & Behavioral Care /21/2016 FORCE Therapeutics, LLC - Practice Management /20/2016 Teva Pharmaceutical Industries Limited, Two Abbreviated New Drug Applications in the US Zydus Worldwide DMCC Medical Devices & Products /20/2016 Arkansas Department of Health & Human Services, In-Home Health Care Operations Kindred Healthcare Inc. (NYSE:KND) Specialty Providers /20/2016 KeySource Medical, Inc. Friedman Capital; Seal Rock Partners Medical Product Distribution /20/2016 Blueprint Bio, Inc. Forentis Partners, LLC Pharma Services /20/2016 Epiphany Dermatology PA CI Capital Partners LLC Specialty Providers /20/2016 Westchester Anesthesiologists, PC American Anesthesiology, Inc. Provider Services /20/2016 CATACORE CORP - Provider Services /20/2016 LivOnyx Inc. - Medical Devices & Products /20/2016 NOWDiagnostics, Inc. - Medical Devices & Products /24/2016 Surgimatix, Inc. - Medical Devices & Products /24/2016 Acufocus, Inc. - Medical Devices & Products /24/2016 Renova PCA, LLC - Medical Devices & Products /24/2016 Eye Academy of America Ltd. - Practice Management /23/2016 Adesis, Inc. Universal Display Corp. (NasdaqGS:OLED) Specialty Providers /23/2016 IMUGEN, Inc. Oxford Immunotec Global PLC (NasdaqGM:OXFD) Pharma Services /23/2016 Bloom Technologies, Inc. Kapor Capital Pharma Services /17/2016 Arkis BioSciences Inc. Innova Memphis Inc; Lighthouse Fund, LLC Medical Devices & Products /17/2016 American CareSource Holdings, Certain HealthSmart Preferred Care II, LP Medical Product Distribution Assets and Contracts related to Ancillary Network Business 6/17/2016 Kit Check, Inc. Easton Capital Investment Group; Kaiser Permanente Ventures; Sands Capital Management, LLC; New Leaf Venture Partners, L.L.C.; Rex Health Ventures; Baxter Ventures; LionBird (Ventures) Ltd.; Black Granite Capital Medical Devices & Products

13 6/17/2016 Autism Behavioral Consulting, Inc. CARD Capital Long Term & Behavioral Care /17/2016 VibroniX, Inc. - Medical Devices & Products /17/2016 PositiveID Corporation (OTCPK:PSID.D) - Medical Devices & Products /17/2016 IsoPlexis Corp - Pharma Services /16/2016 Teva Pharmaceutical Industries Ltd, Five Generic Injectable Pharmaceutical Products Sagent Pharmaceuticals, Inc. Medical Devices & Products x 6/16/2016 Community Anesthesia PLLC CRH Medical Corporation (TSX:CRH) Provider Services /16/2016 Inland Northwest Blood Center Blood Systems, Inc. Provider Services /16/2016 Belle Bonfils Memorial Blood Center Blood Systems, Inc. Provider Services /16/2016 nuro, inc. - Medical Devices & Products /16/2016 Fresenius Medical Care Holdings, Inc. - Long Term & Behavioral Care /15/2016 Auditz LLC TransUnion (NYSE:TRU) Practice Management /15/2016 Solidar Express Coatings, LLC Polylite Taiwan Co., Ltd. (GTSM:1813) Medical Devices & Products /15/2016 Milestone Medical, Inc. (WSE:MMD) Milestone Scientific Inc. (AMEX:MLSS) Medical Devices & Products /15/2016 Progyny, Inc. Kleiner Perkins Caufield & Byers; SR One; TPG Biotech; Union Grove Venture Partners Specialty Providers /15/2016 Navicure, Inc. Bain Capital Private Equity Practice Management /15/2016 Lifeline Emergency Response Systems, Inc. American Medical Alert Corp. Medical Devices & Products /15/2016 Lifespeed, Inc. - Medical Devices & Products /15/2016 Lab7 Systems, Inc. - Pharma Services /14/2016 Riverside Pain Physicians Surgery Partners, Inc. (NasdaqGS:SGRY) Provider Services /14/2016 AccuCore Group LLC mtuitive, Inc. Provider Services /14/2016 Integrated Dermatology of Hickory PLLC Integrated Dermatology LLC Specialty Providers /14/2016 Procured, Inc. Heritage Group, LLC; Health Insight Capital Practice Management /14/2016 CureJoy, Inc. Accel Partners Long Term & Behavioral Care /14/2016 FirstVitals Health & Wellness, Inc. - Medical Devices & Products /14/2016 Wearable Health Solutions, Inc. - Medical Devices & Products (OTCPK:WHSI) 6/14/2016 3DBiopsy, LLC - Medical Devices & Products /14/2016 Zygood, LLC - Medical Devices & Products /14/2016 Management Partners, Inc. - Practice Management /14/2016 Preceptis Medical, Inc. - Specialty Providers /14/2016 VantagePoint Laboratory Partners, LLC - Provider Services /14/2016 FluoroFinder LLC - Medical Devices & Products /14/2016 ewellness Healthcare Corporation (OTCPK:EWLL) - Medical Devices & Products /13/2016 Specialty Silicone Fabricators, Inc. Trelleborg Sealing Solutions US, Inc. Medical Devices & Products /13/2016 MedHOK, Inc. The Hearst Corporation Practice Management /13/2016 Sequent Medical, Inc. MicroVention, Inc. Medical Devices & Products /13/2016 MedX Pharmaceuticals, Inc. MedX Holdings, Inc. (OTCPK:MEDH) Pharma Services /13/2016 Cardon Outreach, LLC MedData, Inc. Practice Management /13/2016 Home Solutions Inc. HomeChoice Partners, Inc. Specialty Providers x 6/13/2016 PFO Global, Inc. (OTCPK:PFGB) Hillair Capital Management LLC Medical Devices & Products /13/2016 CEA Medical Manufacturing, Inc. Graphic Controls LLC Medical Devices & Products /13/2016 REM Optical Company, Inc. De Rigo Vision S.p.A. Medical Devices & Products /13/2016 MetSL, LLC - Provider Services /13/2016 Vital Connect, Inc. - Medical Devices & Products /11/2016 Portfolio of Eight Abbreviated New Drug Applications in the US Dr. Reddy's Laboratories Ltd. (BSE:500124) Medical Devices & Products /10/2016 Compression Therapy Concepts, Inc. Zimmer Biomet Holdings, Inc. (NYSE:ZBH) Medical Devices & Products

14 6/10/2016 Solera Health, Inc. SJF Ventures; Sandbox Industries Inc.; Blue Provider Services Cross and Blue Shield Association, Endowment Arm 6/10/2016 Chase Vein Center CVR Management LLC Specialty Providers /10/2016 Intelligent Medical Decisions, Inc. American Diabetes Association, Inc., Endowement Arm Practice Management /10/2016 OKTX, LLC - Medical Devices & Products /10/2016 tosense, Inc. - Medical Devices & Products /9/2016 HGS Colibrium, Inc. Hinduja Global Solutions Limited (BSE:532859) Practice Management /9/2016 Mediana Technologies Corporation Fukuda Denshi Co. Ltd. (JASDAQ:6960) Medical Devices & Products x 6/9/2016 epatientfinder, Inc. - Practice Management /9/2016 Medical Simulation Corporation - Medical Devices & Products /9/2016 Optimized Care Network, LLC - Medical Devices & Products /8/2016 Omicia, Inc. Roche Venture Fund; Acadia Woods Partners, LLC; Ping An Ventures; Buchanan Investments; ARTIS Ventures; UPMC Enterprises; LDV Partners Practice Management /8/2016 HALO BioSynthesis Laboratories Inc and Royal Health Max group, Inc. Medical Devices & Products Trade Corporation 6/8/2016 Inspira Dialysis Centers Located in Vineland, Millville and Bridgeton DaVita HealthCare Partners Inc. (NYSE:DVA) Specialty Providers /8/2016 Vomaris Wound Care, Inc. - Medical Devices & Products /8/2016 Tonic Solutions Inc. - Practice Management /8/2016 Sirona Medical Technologies, Inc. - Dental Products /8/2016 RODO Medical, Inc. - Dental Products /7/2016 LDR Holding Corporation (NasdaqGS:LDRH) Zimmer Biomet Holdings, Inc. (NYSE:ZBH) Medical Devices & Products x 6/7/2016 Acro Pharmaceutical Services, LLC and Community Pharmacy Services, LLC NS3 Health, LLC Pharma Services x 6/7/2016 EarLens Corporation New Enterprise Associates; Vertex Venture Medical Devices & Products Holdings Ltd.; Cochlear Ltd. (ASX:COH); Aisling Capital LLC; Lightstone Ventures 6/7/2016 Northwest Anesthesia Pa and Children's Eye Care of North Texas, PA MEDNAX, Inc. (NYSE:MD) Specialty Providers /7/2016 Miramar Labs, Inc. Domain Associates, L.L.C.; Morgenthaler; Aisling Capital LLC; Cross Creek Advisors; RusnanoMedInvest, LLC; Montrose Capital Partners Medical Devices & Products /7/2016 Atlas Physical Therapy and Sports Medicine Athletic & Therapeutic Institute of Specialty Providers Centers Naperville, LLC 6/7/2016 Moffitt Dental Center PC - Dental Providers /7/2016 PermeaDerm, Inc. - Medical Devices & Products /7/2016 Relevium Labs, Inc. - Medical Devices & Products /6/2016 Delcath Systems, Inc. (NasdaqCM:DCTH) Tenor Capital Management Company, L.P.; Medical Devices & Products Hudson Bay Capital Management LP 6/6/2016 BNN Holdings Corp. NuVasive, Inc. (NasdaqGS:NUVA) Medical Devices & Products x 6/6/2016 Responsive Orthopedics LLC Medtronic plc (NYSE:MDT) Medical Devices & Products /6/2016 MedForce, Inc. HCP Management Operations, Inc. Practice Management /6/2016 Suneva Medical, Inc. Essex Woodlands Health Ventures Pharma Services /6/2016 MedWand Solutions, Inc. Cheng Uei Precision Industry Co., Ltd. Practice Management (TSEC:2392) 6/6/2016 IMI Health Inc. Centauri Health Solutions, Inc. Practice Management /6/2016 Peak Health Solutions, Inc. AMN Healthcare Services Inc. (NYSE:AHS) Practice Management /6/2016 SC-Premier Wellness Care, LLC - Provider Services /6/2016 Old Gretna Pharmacy, LLC - Pharma Services

15 6/6/2016 DailyRounds, Inc. - Practice Management /6/2016 PreViser Corporation - Dental Products /6/2016 Vesselon, Inc. - Medical Devices & Products /4/2016 Immutrix Therapeutics, Inc. - Medical Devices & Products /3/2016 Provision Healthcare, LLC Shenzhen Hairong International Medical Specialty Providers Development Co., Ltd. 6/3/2016 Common Sensing Inc. QUALCOMM Ventures; Sanofi-Genzyme Medical Devices & Products BioVentures; Waterline Ventures, LLC; OKM Capital 6/3/2016 Northern Family Home Care LLC Nova Leap Health Corp. (TSXV:NLH.P) Provider Services /3/2016 Health Tech, Inc. Merry X-Ray Corporation Practice Management /3/2016 Nephros, Inc. (OTCBB:NEPH) Lambda Investors LLC; PoC Capital, LLC Medical Devices & Products /3/2016 InTouch Technologies, Inc. Intuitive Surgical, Inc. (NasdaqGS:ISRG) Practice Management /3/2016 Phillips Lift Systems Inc. Homecare Products Inc. Medical Devices & Products /3/2016 Gastroenterology Specialists of Birmingham, Gastroenterology Associates, N.A. P.C. Specialty Providers P.C. 6/3/2016 inassist Health Management Solutions, Portion Of Corporate Employee Benefits Business Bolton & Company Inc. Practice Management /3/2016 American Caresource Holdings, Inc. - Provider Services (OTCPK:ANCI) 6/3/2016 Cascade Prodrug, Incorporated - Pharma Services /3/2016 Hospital IQ LLC - Practice Management /3/2016 Presbyopia Therapies, LLC - Medical Devices & Products /2/2016 PositiveID Corporation (OTCPK:PSID.D) Union Capital, LLC Medical Devices & Products /2/2016 ACI Support Specialists, Inc. Dungarvin, Inc. Long Term & Behavioral Care /2/2016 Austin Gastroenterology Anesthesia CRH Medical Corporation (TSX:CRH) Provider Services Associates, LLC 6/2/2016 E4D Technologies, LLC Chevy Chase Dental Center Dental Products /2/2016 SI-Bone Inc. Arboretum Ventures LLC Medical Devices & Products /2/2016 Cytobyte Inc. - Dental Products /2/2016 NeuroMetrix Inc. (NasdaqCM:NURO) - Medical Devices & Products /2/2016 CyMedica Orthopedics, Inc. - Medical Devices & Products /2/2016 CyMedica Orthopedics, Inc. - Medical Devices & Products /2/2016 PriorAuthNow, Inc. - Practice Management /2/2016 ESA Toxicology LLC - Provider Services /2/2016 mips, Inc. - Provider Services /1/2016 The Princeton Physical Therapy Group, PC Professional Physical Therapy Specialty Providers /1/2016 Moving Analytics, Inc. Launchpad Digital Health LLC; HealthX Ventures Medical Devices & Products /1/2016 Integrated Dermatology of Ponchatoula LLC Integrated Dermatology LLC Specialty Providers /1/2016 Med-Eval, Inc. Genex Services, LLC Practice Management /1/2016 PCI Pharma Services Frazier Healthcare Partners; Partners Group Pharma Services Holding AG (SWX:PGHN) 6/1/2016 RubiconMD, Inc. Clayton Associates, LLC; Waterline Ventures, LLC; Alma Mundi Ventures, SGEIC, S.A.; Alma Mundi Innvierte Fund, Fcre; Dioko Ventures Practice Management /1/2016 Additive Orthopaedics, LLC - Medical Devices & Products /1/2016 CrossRoads Extremity Systems, LLC - Medical Devices & Products /1/2016 Non-Invasive Monitoring Systems Inc. - Medical Devices & Products (OTCPK:NIMU) 6/1/2016 Parsley Health, Inc. - Provider Services /1/2016 Myocardial Solutions, Inc. - Medical Devices & Products

16 6/1/2016 Pillars4Life, Inc. - Practice Management /31/2016 Medelis, Inc. WCCT Global, LLC Practice Management /31/2016 Euro-Pharm International Canada Inc., North American product portfolio Sandoz AG Pharma Services /31/2016 Animated Dynamics, Inc. Purdue Research Foundation, Endowment Arm; Elevate Ventures Medical Devices & Products /31/2016 Performance Health, LLC Patterson Medical Supply, Inc. Medical Devices & Products /31/2016 RBP Healthcare Technologies, Inc. Inspira Financial Inc. (TSXV:LND) Practice Management /31/2016 The IN Group, Inc. DrFirst.com, Inc. Practice Management /31/2016 Falcon Technology, Inc. DAS Health Practice Management /31/2016 NuWave Monitoring, LLC BNN Holdings Corp. Provider Services /31/2016 RetraceHealth, Inc. BCBSM, Inc.; HealthEast Care System LLC; Provider Services Lemhi Ventures, Inc. 5/31/2016 Andrea Cambio, M.D., P.L. Advanced Dermatology & Cosmetic Provider Services Surgery Inc. 5/31/2016 Wello Inc. - Medical Devices & Products /31/2016 Clarify Health Solutions, Inc. - Practice Management /31/2016 Sofie Biosciences, Inc. - Medical Devices & Products /31/2016 CVRx, Inc. - Medical Devices & Products /31/2016 Beacon Biomedical Inc. - Medical Devices & Products /31/2016 Magnolia Medical Technologies, Inc. - Medical Devices & Products /31/2016 Upland Nanotech, LLC - Medical Devices & Products /31/2016 SwipeSense, Inc. - Medical Devices & Products /27/2016 Cedar Creek, LLC HSH Senior Services, Inc. Long Term & Behavioral Care /27/2016 IMCS Group, Inc. - Long Term & Behavioral Care /27/2016 The Medical Memory, LLC - Medical Devices & Products /27/2016 Genetesis LLC - Medical Devices & Products /27/2016 Prescriber's Choice, Inc. - Pharma Services /26/2016 Nanolabz LLC HIL Applied Medical LTD. Medical Devices & Products /26/2016 IGGBO, Inc. Heritage Group, LLC Provider Services /26/2016 Rochester Drug Cooperative, Inc. - Medical Product Distribution /26/2016 Actual HealthCare Solutions, Inc. - Practice Management /26/2016 Hi.Q, Inc. - Provider Services /26/2016 Viscardia, Inc. - Medical Devices & Products /26/2016 Certa Dose, Inc. - Medical Devices & Products /25/2016 Lifecode Inc., Data Interpretation Division Vela Diagnostics Pte. Ltd. Pharma Services /25/2016 DNA Healthcare Inc. ihealth Solutions LLC Practice Management /25/2016 Ducere Pharma, LLC, Six OTC Brands Dr. Reddy's Laboratories Ltd. (BSE:500124) Pharma Services /25/2016 Evidation Health, Inc. B Capital Group Practice Management /25/2016 SynteractHCR Amulet Capital Partners LP Pharma Services /25/2016 Medite Cancer Diagnostics, Inc. - Medical Devices & Products (OTCPK:MDIT) 5/25/2016 Stage I Diagnostics, Inc. - Provider Services /25/2016 Fresenius Medical Care Holdings, Inc. - Long Term & Behavioral Care /24/2016 Pathway Houses of Rochester NY Inc. Syracuse Brick House, Inc. Specialty Providers /24/2016 CardioNXT, Inc. Solas Bioventures Medical Devices & Products /24/2016 Jandee Anesthesiology Partners, PLLC and Sheridan Healthcare, Inc. Provider Services Karadan Anesthesiology and Pain Management, LLP 5/24/2016 Euromed Inc. Scapa Group plc (AIM:SCPA) Medical Devices & Products x 2.33x 5/24/2016 Ed Supports, LLC Platinum Health Care LLC Long Term & Behavioral Care

17 5/24/2016 BrightWater Medical, Inc. OSF Ventures Medical Devices & Products /24/2016 Wolf Medical Inc. National Seating & Mobility, Inc. Medical Product Distribution /24/2016 Laboratory Supply Company, Inc. McKesson Corporation (NYSE:MCK) Medical Product Distribution /24/2016 Save-On Dental Care, Five Practices In Alabama Marquee Dental Partners, LLC Dental Providers /24/2016 Arch Therapeutics, Inc. (OTCPK:ARTH) Hudson Bay Capital Management LP; Empery Asset Management, LP; Anson Group; Intracoastal Capital LLC; CVI Investments, Inc. Medical Devices & Products /24/2016 Nurse Audit, Inc. Aeneas Buyer Corp. Practice Management /24/2016 OptiScan Biomedical Corporation - Medical Devices & Products /23/2016 Palmaz Scientific Inc. Vactronix Scientific, Inc. Medical Devices & Products /23/2016 Freenome Inc. The Founders Fund; Andreessen Horowitz Medical Devices & Products LLC; Data Collective; Third Kind Venture Capital 5/23/2016 Valify LLC Step5 Ventures; Frist Cressey Ventures, Practice Management LLC 5/23/2016 Perseon Corporation, Subtantially all Assets Medlink Technologies, LLC Medical Devices & Products /23/2016 GNS Healthcare, Inc. Horizon Healthcare of New Jersey, Inc. Practice Management /23/2016 Southeast Correctional Medical Group Correctional Medical Group Companies, Specialty Providers Inc. 5/23/2016 Joslin Products, Inc. Brownmed Inc. Medical Devices & Products /23/2016 Milestone Scientific Inc. (AMEX:MLSS) BP4 S.p.A. Medical Devices & Products /23/2016 Benzie Home Health Care Benzie County Council on Aging, Inc. Long Term & Behavioral Care /23/2016 NextMed Management Services, LLC - Specialty Providers /23/2016 Vicarious Surgical - Provider Services /20/2016 TetriDyn Solutions, Inc. (OTCPK:TDYS) JPF Venture Group, Inc. Practice Management /20/2016 PDI Therapeutics Inc. Avalon Ventures, LLC; GlaxoSmithKline plc, Pharma Services Investment Arm 5/20/2016 Fresenius Medical Care Holdings, Inc. - Long Term & Behavioral Care /20/2016 AristaMD, Inc. - Practice Management /20/2016 ESA Toxicology LLC - Provider Services /19/2016 NL One Corporation Stansbridge Limited Medical Devices & Products /19/2016 TC Hudson Valley Ambulance Corp and TC Ambulance Corp. Maler Group, LLC Provider Services /19/2016 Family Health Care of Central Florida, PA JSA Healthcare Corporation Provider Services /19/2016 Sebring Software, Inc., Substantially All Assets Great American Insurance Company, Inc.; Continental General Insurance Company; United Teacher Associates Insurance Company; Great American Life Insurance Company Dental Products /19/2016 Calibrater Health, LLC First Growth Venture Network; Jumpstart Foundry Practice Management /19/2016 Arcadian Telepsychiatry, LLC Ben Franklin Technology Partners of Practice Management Southeastern Pennsylvania, Investment Arm 5/19/2016 Essential Medical, Inc Ben Franklin Technology Partners of Medical Devices & Products Southeastern Pennsylvania, Investment Arm 5/19/2016 Instadiagnostics Inc. Ben Franklin Technology Partners of Practice Management Southeastern Pennsylvania, Investment Arm 5/19/2016 Oliver Street Dermatology Holdings LLC ABRY Partners, LLC Specialty Providers /19/2016 Bone Solutions, Inc. - Medical Devices & Products /19/2016 AVRA Medical Robotics, Inc. - Medical Devices & Products

18 5/18/2016 Manhattan Center for Dermatology Schweiger Dermatology Group LLC Specialty Providers /18/2016 LogicMark LLC Nxt-ID, Inc. (NasdaqCM:NXTD) Long Term & Behavioral Care x 5/18/2016 Nashua Anesthesia Partners, PLLC North American Partners in Anesthesia, LLP Provider Services /18/2016 Planet Logic, LLC ITelagen, Inc. Practice Management /18/2016 Advanced Dermatology & Cosmetic Surgery Harvest Partners, LP Specialty Providers Inc. 5/18/2016 Analytical Bio-Chemistry Laboratories, Inc. EAG Inc. Practice Management /18/2016 Southern Kentucky Surgicenter, LLC - Provider Services /18/2016 Verena Solutions, LLC - Medical Devices & Products /18/2016 InTeliCare Health Service LLC - Long Term & Behavioral Care /17/2016 Flexspark, Inc. Zero to 510 Medical Devices & Products /17/2016 Noble.MD Safeguard Scientifics, Inc. (NYSE:SFE); Practice Management BioAdvance 5/17/2016 Allurion Technologies, Inc. Romulus Capital Medical Devices & Products /17/2016 Healthify, Inc. Milestone Venture Partners; Primary Venture Partners; Kapor Capital; Acumen Fund, Endowment Arm; Blue Cross and Blue Shield of Kansas, Asset Management Arm Practice Management /17/2016 Divlan Inc. HudlHealth, Inc. Practice Management /17/2016 Singulex, Inc. Grifols, S.A. (BME:GRF) Medical Devices & Products /17/2016 PositiveID Corporation (OTCPK:PSID.D) Essex Global Investment Corp. Medical Devices & Products /17/2016 PediaQ LLC Deep Space Ventures Provider Services /17/2016 mpulse Mobile Inc. California HealthCare Foundation, Investment Arm Practice Management /17/2016 Adient Health, Inc. and Community Rehab Physical Therapy ATI Holdings, Inc. Specialty Providers /17/2016 Mitralign Inc. - Medical Devices & Products /17/2016 MUrgency Inc. - Medical Devices & Products /17/2016 Keystone Mobile Partners, L.P. - Specialty Providers /17/2016 Fulgent Therapeutics, LLC - Medical Devices & Products /16/2016 InnovAge Home Care Welsh, Carson, Anderson & Stowe Long Term & Behavioral Care /16/2016 SwiftPath, LLC Surgical Care Affiliates, Inc. (NasdaqGS:SCAI) Specialty Providers /16/2016 Centauri Health Solutions, Inc. Silversmith Capital Partners Practice Management /16/2016 Castlight Health, Inc. (NYSE:CSLT) SAP Labs, LLC Provider Services /16/2016 Constellation Behavioral Health, LLC New MainStream Capital Long Term & Behavioral Care /16/2016 WHILL, Inc. Mitsubishi UFJ Capital Co. Ltd.; SPARX Group Co., Ltd (JASDAQ:8739); Eight Roads Ventures Medical Devices & Products /16/2016 Solaris Development, Inc. First Line Software Inc. Practice Management /16/2016 Smart Choice MRI, LLC Edward-Elmhurst Healthcare Specialty Providers /16/2016 Family First Home Care And Emerald Health Care Services Care Finders Total Care LLC Long Term & Behavioral Care /16/2016 I-V Access Technology, Inc. - Medical Devices & Products /16/2016 Prepared Health, Inc. - Provider Services /16/2016 Cognuse, Inc. - Provider Services /16/2016 Ariel Precision Medicine, LLC - Practice Management /16/2016 SonderMind LLC - Provider Services /16/2016 Sonendo, Inc. - Dental Products /16/2016 Notable Labs, Inc. - Specialty Providers /16/2016 Bay Area Accountable Care Network, Inc. - Practice Management /15/2016 Audigy Group, LLC GN Hearing Care Corporation Practice Management

19 5/14/2016 Twiage Inc. Westway Capital, LLC Provider Services /13/2016 WaferGen Bio-systems, Inc. (NasdaqCM:WGBS) Takara Bio USA Holdings, Inc. Medical Devices & Products /13/2016 Colonial Valley Software, Inc. Keizer Solutions Inc. Practice Management /13/2016 Patients' & Consumers' Pharma, Inc. Hospice of Dayton, Inc.; 1 Ventures, Pharma Services Investment Arm; Accelerant 5/13/2016 SilverVue, Inc. EPIC Ventures; GE Ventures; Pritzker Group Venture Capital Provider Services /13/2016 MDoffice, Inc. Eli Global, LLC Practice Management /13/2016 Spine Wave, Inc. CHL Healthcare Partners; New Enterprise Medical Devices & Products Associates; Industry Ventures, LLC; California Technology Ventures, LLC; MB Venture Partners; Acadia Woods Partners, LLC; Compass Financial Advisors, LLC; Compass Global Management Ltd. - Compass Global Fund Ltd. 5/13/2016 Supply Clinic, Inc. - Medical Devices & Products /13/2016 EagleDream Health, Inc. - Practice Management /13/2016 Visible Hand LLC - Practice Management /12/2016 ReCor Medical, Inc. Otsuka Holdings Co., Ltd. (TSE:4578) Specialty Providers /12/2016 TransMedics, Inc. Kleiner Perkins Caufield & Byers; Flagship Specialty Providers Ventures; BioStar Ventures LLC; Lung Biotechnology PBC; Abrams Capital Management LP; Ervington Investments Limited; Inbio Ventures; Fayerweather Fund, LLC 5/12/2016 Ninety Nine Healthcare Management LLC Foundation Healthcare, Inc. Practice Management (OTCPK:FDNH) 5/12/2016 Neuros Medical, Inc. - Provider Services /12/2016 Citius Pharmaceuticals, Inc. (OTCPK:CTXR) - Pharma Services /12/2016 KokiCare, Inc. - Practice Management /12/2016 Cerebrotech Medical Systems, Inc. - Provider Services /12/2016 Trumpet Behavioral Health LLC - Long Term & Behavioral Care /11/2016 CenLA Urgent Care, LLC Premier Immediate Medical Care, LLC Long Term & Behavioral Care /11/2016 Signature Studios Marquee Dental Partners, LLC Dental Providers /11/2016 Axion BioSystems, Inc. GRA Ventures Medical Devices & Products /11/2016 VantagePoint Laboratory Partners, LLC Enhanced Equity Fund, L.P. Provider Services /11/2016 CardioFocus, Inc. - Specialty Providers /11/2016 Cardax, Inc. (OTCPK:CDXI) - Pharma Services /10/2016 Rehabilitation Associates, PC. Epic Health Services, Inc. Long Term & Behavioral Care /10/2016 Bellin Health Riverside Psychiatric Group Bellin Health Systems, Inc. Long Term & Behavioral Care /10/2016 Independence Rehabilitation Services PC Bancroft NeuroRehab Long Term & Behavioral Care /10/2016 Simplificare, Inc. 83 North; Heritage Group, LLC; The Practice Management Social+Capital Partnership; American Express Ventures 5/10/2016 Asana Medical, Inc. - Provider Services /10/2016 Mental Health Data Services, Inc. - Practice Management /9/2016 Implementing Technologies, LLC, Online Reputation Management (ORM) Assets Lumin Medical LLC Practice Management /9/2016 Virtual Health Care Solutions LLC Edison Partners Practice Management /9/2016 Peoples Home Health LLC Covenant Hospice, Inc. Long Term & Behavioral Care /9/2016 Stabiliz Orthopaedics, LLC - Provider Services /9/2016 ZY Therapeutics Inc. - Pharma Services /7/2016 BioMedical Enterprises, Inc. DePuy Synthes, Inc. Medical Devices & Products