Is there something I don't understand which causes Phyrexian Negator to have the template it has rather than the one used on nearly every other card with an ability of this kind? Compare to Binding Agony, Broodhatch Nantuko, and the card I've quote here for illustration, Filthy Cur. Is this just an oversight in the standardization of the Oracle, or is the odd text on Phyrexian Negator somehow important?
Whenever Phyrexian Negator is dealt damage, sacrifice a permanent for each 1 damage dealt to it.
Whenever Filthy Cur is dealt damage, you lose that much life.