SCHEDULE 13G
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Under the Securities Exchange Act of 1934
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(Amendment No. 1)*
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BIOSCRIP, INC.
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Common Stock, $0.0001 par value
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09069N108
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December 31, 2016
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(Date of Event which Requires Filing of this Statement)
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1
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Names of Reporting Persons.
North Tide Capital Master, LP
I.R.S. Identification Nos. of above persons (entities only)
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2
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Check the Appropriate Box if a Member of a Group (See Instructions)
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(a) [ ]
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(b) [ ]
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3
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SEC Use Only
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4
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Citizenship or Place of Organization.
Cayman Islands
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Number
of Shares
Beneficially
Owned by
Each
Reporting
Person With
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5 Sole Voting Power
0 shares
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6 Shared Voting Power
6,750,000 shares
Refer to Item 4 below.
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7 Sole Dispositive Power
0 shares
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8 Shared Dispositive Power
6,750,000 shares
Refer to Item 4 below.
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9
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Aggregate Amount Beneficially Owned by Each Reporting Person
6,750,000 shares
Refer to Item 4 below.
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10
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Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ]
Not applicable.
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11
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Percent of Class Represented by Amount in Row (9)
5.7%
Refer to Item 4 below.
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12
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Type of Reporting Person (See Instructions)
PN (Limited Partnership)
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1
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Names of Reporting Persons.
North Tide Capital, LLC
I.R.S. Identification Nos. of above persons (entities only)
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2
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Check the Appropriate Box if a Member of a Group (See Instructions)
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(a) [ ]
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(b) [ ]
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3
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SEC Use Only
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4
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Citizenship or Place of Organization.
Massachusetts
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Number
of Shares
Beneficially
Owned by
Each
Reporting
Person With
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5 Sole Voting Power
0 shares
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6 Shared Voting Power
8,500,000 shares
Refer to Item 4 below.
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7 Sole Dispositive Power
0 shares
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8 Shared Dispositive Power
8,500,000 shares
Refer to Item 4 below.
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9
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Aggregate Amount Beneficially Owned by Each Reporting Person
8,500,000 shares
Refer to Item 4 below.
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10
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Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ]
Not applicable.
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11
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Percent of Class Represented by Amount in Row (9)
7.2%
Refer to Item 4 below.
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12
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Type of Reporting Person (See Instructions)
OO (Limited Liability Company)
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1
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Names of Reporting Persons.
Conan Laughlin
I.R.S. Identification Nos. of above persons (entities only)
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2
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Check the Appropriate Box if a Member of a Group (See Instructions)
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(a) [ ]
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(b) [ ]
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3
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SEC Use Only
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4
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Citizenship or Place of Organization.
United States
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Number
of Shares
Beneficially
Owned by
Each
Reporting
Person With
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5 Sole Voting Power
0 shares
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6 Shared Voting Power
8,500,000 shares
Refer to Item 4 below.
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7 Sole Dispositive Power
0 shares
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8 Shared Dispositive Power
8,500,000 shares
Refer to Item 4 below.
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9
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Aggregate Amount Beneficially Owned by Each Reporting Person
8,500,000 shares
Refer to Item 4 below.
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10
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Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ]
Not applicable.
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11
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Percent of Class Represented by Amount in Row (9)
7.2%
Refer to Item 4 below.
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12
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Type of Reporting Person (See Instructions)
IN
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Item 1.
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(a)
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Name of Issuer
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BioScrip, Inc.
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(b)
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Address of Issuer’s Principal Executive Offices
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1600 Broadway, Suite 950, Denver, Colorado 80202
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Item 2.
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(a)
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Name of Person Filing
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North Tide Capital Master, LP
North Tide Capital, LLC
Conan Laughlin
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(b)
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Address of Principal Business Office or, if none, Residence
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North Tide Capital Master, LP
North Tide Capital, LLC
Conan Laughlin
500 Boylston Street, Suite 1860
Boston, Massachusetts
02116
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(c)
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Citizenship
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North Tide Capital Master, LP - Cayman Islands
North Tide Capital, LLC - Massachusetts
Conan Laughlin - United States
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(d)
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Title of Class of Securities
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Common Stock, $0.0001 par value
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(e)
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CUSIP Number
09069N108
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Item 3.
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If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
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(a)
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[ ]
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Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
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(b)
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[ ]
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Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
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(c)
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[ ]
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Insurance Company as defined in Section 3(a)(19) of the Act
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(d)
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[ ]
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Investment company registered under section 8 of the Investment Company Act of
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1940 (15 U.S.C 80a-8).
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(e)
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[ ]
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An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
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(f)
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[ ]
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An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
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(g)
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[ ]
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A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
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(h)
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[ ]
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A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
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(i)
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[ ]
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A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
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(j)
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[ ]
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A non-U.S. institution in accordance with §240.13d–1(b)(1)(ii)(J);
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(k)
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[ ]
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Group, in accordance with §240.13d-1(b)(1)(ii)(K).
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Item 4.
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Ownership **
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(a)
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Amount Beneficially Owned **
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North Tide Capital Master, LP – 6,750,000 shares
North Tide Capital, LLC – 8,500,000 shares
Conan Laughlin - 8,500,000 shares
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(b)
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Percent of Class **
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North Tide Capital Master, LP – 5.7%
North Tide Capital, LLC – 7.2%
Conan Laughlin – 7.2%
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(c)
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Number of shares as to which such person has:
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(i)
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sole power to vote or to direct the vote **
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North Tide Capital Master, LP - 0 shares
North Tide Capital, LLC - 0 shares
Conan Laughlin - 0 shares
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(ii)
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shared power to vote or to direct the vote **
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North Tide Capital Master, LP – 6,750,000 shares
North Tide Capital, LLC – 8,500,000 shares
Conan Laughlin - 8,500,000 shares
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(iii)
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Sole power to dispose or to direct the disposition of **
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North Tide Capital Master, LP - 0 shares
North Tide Capital, LLC - 0 shares
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Conan Laughlin - 0 shares
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(iv)
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shared power to dispose or to direct the disposition of **
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North Tide Capital Master, LP – 6,750,000 shares
North Tide Capital, LLC – 8,500,000 shares
Conan Laughlin - 8,500,000 shares
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Item 5.
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Ownership of Five Percent or Less of a Class
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If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ ].
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Not applicable.
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Item 6.
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Ownership of More than Five Percent on Behalf of Another Person
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Not applicable.
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Item 7.
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Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company
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Not applicable.
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Item 8.
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Identification and Classification of Members of the Group
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Not applicable.
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Item 9.
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Notice of Dissolution of Group
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Not applicable.
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Item 10.
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Certification
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Exhibits
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Exhibit
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99.1
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Joint Filing Agreement by and among the Reporting Persons, incorporated by reference to Exhibit 99.1 to the Schedule 13G filed by the Reporting Persons with the Securities and Exchange Commission on June 27, 2016.
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NORTH TIDE CAPITAL MASTER, LP
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By: North Tide Capital GP, LLC,
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its General Partner
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By: /s/ Conan Laughlin
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Conan Laughlin
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Manager
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NORTH TIDE CAPITAL, LLC
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By: /s/ Conan Laughlin
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Conan Laughlin
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Manager
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CONAN LAUGHLIN
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By: /s/ Conan Laughlin
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Conan Laughlin, Individually
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