Its the same as the sorc heal now, but is nothing like what the Skill Description says anymore, so instead of bringing the sorc inline with the skill description, they've just made the description obsolete which is a really good job.
For people saying its the later, its not. They've removed the inital large heal, not the additional tick. Cast it on a group and watch the heals, it lands on the ground and then takes about a second to start healing and its the small ticks, no initial heal.
Edit:
Watching the numbers more, the double tick is still there, only the large heal has gone.