INTEGRATED HEALTHCARE HOLDINGS INC.
COMMON STOCK WARRANT
APRIL 26, 2006
This Amendment to Common Stock Warrant (this "AMENDMENT") is made and entered into as of the date set
forth above (the "EFFECTIVE DATE") by and between Integrated Healthcare Holdings, Inc., a Nevada
corporation (the "COMPANY"), and Healthcare Financial Management & Acquisitions, Inc., a Nevada
corporation (the "HOLDER").
A. On December 12, 2005, the Company issued a warrant to subscribe for and purchase a minimum of
26,097,561 shares of Common Stock of the Company subject to the provisions and upon the terms and
conditions set forth therein (the "WARRANT").
B. The Warrant, a true and correct copy of which is attached hereto as EXHIBIT A, provides that the number of
Shares issuable upon exercise of the Warrant is subject to adjustment from time to time as set forth therein.
C. A provision of the Warrant provides for adjustment of the number of Shares issuable upon exercise of the
Warrant based on changes in the fair market value of the Shares (the "FMV ADJUSTMENTS"). D. The
Company and Holder desire to enter into this Amendment to, among other thing's, amend the provision contained
in the Warrant regarding FMV Adjustments.
NOW, THEREFORE, in consideration of the foregoing recitals and the mutual promises hereinafter set forth and
for other good and valuable consideration the receipt and sufficiency of which is hereby acknowledged, the
parties hereto agree to amend the Warrant as set forth herein and agree as follows:
1. RECITALS. The foregoing Recitals are incorporated by reference as though fully set forth herein.
2. DEFINITIONS. Unless otherwise defined herein, capitalized terms shall have the meanings assigned to such
terms in the Warrant.
3. AMENDMENT OF FMV ADJUSTMENTS. The first paragraph of Section 3 of the Warrant is hereby
amended to read in its entirety as follows:
"ADJUSTMENT TO THE NUMBER OF SHARES ISSUABLE AND/OR THE EXERCISE PRICE. The