VA awards $2.3M for Home Health Care Services to Itamar Medical, Inc

Contract Overview

Contract Amount: $233,408 ($233.4K)

Contractor: Itamar Medical, Inc.

Awarding Agency: Department of Veterans Affairs

Start Date: 2025-01-15

End Date: 2026-04-10

Contract Duration: 450 days

Daily Burn Rate: $519/day

Competition Type: NOT COMPETED

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Healthcare

Official Description: WATCHPAT DIRECT

Place of Performance

Location: CLEVELAND, CUYAHOGA County, OHIO, 44106

State: Ohio Government Spending

Plain-Language Summary

Department of Veterans Affairs obligated $233,408 to ITAMAR MEDICAL, INC. for work described as: WATCHPAT DIRECT Key points: 1. Spending of $2.3M on Home Health Care Services. 2. Sole-source award to Itamar Medical, Inc. 3. Potential risk due to lack of competition. 4. Focus on healthcare sector services.

Value Assessment

Rating: fair

The contract is a firm-fixed-price purchase order. Without competitive bidding, it's difficult to assess if the $2.3M price represents fair value compared to market rates for similar home health care services.

Cost Per Unit: N/A

Competition Analysis

Competition Level: sole-source

This contract was not competed, indicating a sole-source award. This limits price discovery and may result in a higher cost to taxpayers than if multiple vendors had competed.

Taxpayer Impact: The lack of competition raises concerns about potential overspending and reduced value for taxpayer funds.

Public Impact

Veterans will receive home health care services. Limited transparency on pricing due to sole-source award. Potential for higher costs impacting overall VA healthcare budget.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Sole-source award limits competition.
Lack of price benchmark.
Potential for inflated costs.

Positive Signals

Addresses a specific healthcare need for veterans.
Firm fixed price contract provides cost certainty.

Sector Analysis

This contract falls within the Home Health Care Services sector, a critical area for supporting patient well-being outside traditional hospital settings. Benchmarks for similar services can vary widely based on scope and duration.

Small Business Impact

The data does not indicate if small businesses were involved in this sole-source award, suggesting a missed opportunity for small business participation.

Oversight & Accountability

The sole-source nature of this award warrants scrutiny to ensure the VA obtained the best possible value and that the process was justified.

Related Government Programs

Home Health Care Services
Department of Veterans Affairs Contracting
Department of Veterans Affairs Programs

Risk Flags

Sole-source award
Lack of competitive bidding
No clear price benchmark
Potential for overpayment
Limited small business participation

Frequently Asked Questions

What is this federal contract paying for?

Department of Veterans Affairs awarded $233,408 to ITAMAR MEDICAL, INC.. WATCHPAT DIRECT

Who is the contractor on this award?

The obligated recipient is ITAMAR MEDICAL, INC..

Which agency awarded this contract?

Awarding agency: Department of Veterans Affairs (Department of Veterans Affairs).

What is the total obligated amount?

The obligated amount is $233,408.

What is the period of performance?

Start: 2025-01-15. End: 2026-04-10.

What is the justification for the sole-source award, and how does it ensure value for money?

The justification for a sole-source award typically involves unique capabilities or circumstances where only one vendor can meet the requirement. However, without this specific justification, it's challenging to assess if the VA truly received the best value. A thorough review would be needed to confirm the necessity of a sole-source approach and to validate the pricing against any available market data or historical costs.

What are the risks associated with awarding a contract of this value without competition?

The primary risk is paying a premium due to the absence of competitive pressure. This can lead to inflated prices, reduced innovation, and potentially lower quality of service if the vendor faces no incentive to excel. Furthermore, it limits opportunities for other qualified businesses to compete for government contracts, potentially hindering market development and diversity.

How effective is this contract likely to be in meeting the home health care needs of veterans?

The effectiveness hinges on Itamar Medical, Inc.'s ability to deliver the contracted services as specified. While the firm-fixed-price structure provides cost certainty, the lack of competition raises questions about the potential for optimal service delivery and responsiveness. The VA's contract management and performance monitoring will be crucial in ensuring effectiveness.

Industry Classification

NAICS: Health Care and Social Assistance › Home Health Care Services › Home Health Care Services

Product/Service Code: MEDICAL SERVICES › GENERAL HEALTH CARE SERVICES

Competition & Pricing

Extent Competed: NOT COMPETED

Solicitation Procedures: ONLY ONE SOURCE

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Itamar Medical Ltd

Address: 3290 CUMBERLAND CLUB DR, ATLANTA, GA, 30339

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Manufacturer of Goods, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $233,408

Exercised Options: $233,408

Current Obligation: $233,408

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Timeline