Deals

Health IT Provider HMS Explores Options Including Sale, Sources Say

  • Irving, Texas-based company is working with financial advisers
  • Shares of the health-care IT provider rose 12% on Monday

Source: Science Photo Library

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HMS Holdings Corp. is exploring options including a sale, as the health-care data and technology provider grapples with the impact of the coronavirus, according to people familiar with the matter.

The Irving, Texas-based company is working with advisers to review alternative strategies, the people said, asking not to be identified because the matter isn’t public. No final decision has been made and it could still opt to remain independent, the people said.