Death sound played and I didn't die

I was fighting bandits and one of those nasty buggers inflicted bleed on me. I didn't notice, and down went my health! When I noticed this, I quickly hit one of my health flasks. My health continued to go down to zero, or really close, I wasn't looking at the numbers. The death sound played, and then my health started going back up due to the flask.

Happened to me too yesterday, also from the same enemies (rupture). Could be related to network latency?