FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person *   Chan Ella Y. T. C. 2. Date of Event Requiring Statement (Month/Day/Year) 07/05/2012 3. Issuer Name and Ticker or Trading Symbol DYNACQ HEALTHCARE INC [DYII] (Last) (First) (Middle) 323 WOOD LOOP ST. 4. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director __X__ 10% Owner _____ Officer (give title below) _____ Other (specify below) 5. If Amendment, Date Original Filed(Month/Day/Year) (Street) HOUSTON, TX 77015 6. Individual or Joint/Group Filing(Check Applicable Line) ___ Form filed by One Reporting Person _X_ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5) Common Stock 1,646,205 D (1)   Common Stock 6,788,115 D (2) Â

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Options (right to buy)	  (3)	05/16/2013	Common Stock	100,000	$ 2.75	D (3)	Â

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Chan Ella Y. T. C. 323 WOOD LOOP ST. HOUSTON, TX 77015	Â	  X	Â	Â
Estate of Chiu M. Chan 323 WOOD LOOP ST. HOUSTON, TX 77015	Â	  X	Â	Â

Signatures

/s/ Ella Y.T.C. Chan		09/12/2012
**Signature of Reporting Person		Date
/s/ Ella Y.T.C. Chan, as executrix of the Estate of Chiu M. Chan		09/12/2012
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	The Common Stock is owned by Ella Y. T. C. Chan.
(2)	The Common Stock is owned by the Estate of Chiu M. Chan. Ella Y. T. C. Chan is the sole executrix of the estate with sole voting and dispositive power over the Common Stock held by the estate. Ms. Chan is the sole beneficiary of the shares of Common Stock owned by the estate.
(3)	The Options are currently exercisable and are owned by the Estate of Chiu M. Chan.
  Remarks: The Reporting Persons together with Eric K. Chan, Bert Chan, Philip S. Chan, Chan Chang Chin Ying and Edward K. Chiu may constitute a group under the meaning of Rule 13d-5 of the Securities Exchange Act of 1934, as amended. See Schedule 13D filed by the Reporting Persons on September 12, 2012.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

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