Premier, a group purchasing organization for U.S. hospitals and health systems, said it's "evaluating potential strategic alternatives" — meaning it could try to sell itself.
Some of the "strategic alternatives" include "a sale of part or all of the company, recapitalization or other partnership opportunities," Premier said May 8.
The company said it is not promising a transaction or change and it will not "comment further on this strategic review unless and until the board has approved a specific course of action or until it determines that further disclosure is appropriate or required by law."