In 1996, the record year, 872 companies raised $26.5 billion through initial public offerings.
But having taken the company through an initial public offering three years ago, he has many analysts on his side.
The company raised $42 million last year by selling stock through an initial public offering.
Premier went public in 1996 and raised nearly $70 million through an initial offering at $18 per share.
It raised $20 million that September through an offering priced at $10 a share.
The firm has been struggling since it raised $8 million through an initial public offering.
Last month, it raised $300 million through a convertible-bond offering.
The insurance division is also set to be put up for sale, or as a separate company through an initial public offering.
It is the allocation of shares not through a public offering in a stock exchange.
The goal, he said, is to raise cash through a public offering for a broad international expansion plan.