Upon death your health will be fully restored along with your energy/hydration. This will only happen if you DO NOT die via suicide or without any firearm equipped.
Updated to AKI 3.5.0
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Thirteenth
Effects removed from bodyparts (like bleeding) are returning next raid without any effect, just shown in UI, however, if you don't heal them after that next raid, the third raid you enter with full-size bleed.