Signify Health is working with bankers to explore strategic alternatives including a sale, according to people familiar with the matter, roughly 18 months after the healthcare-services company’s initial public offering of stock.

Signify Health, which had a market value of more than $4 billion on Tuesday afternoon, supplies technology that helps health plans and providers with in-home care. It could attract interest from private-equity firms as well as managed-care providers, the people said.

This post first appeared on wsj.com

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